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The Dow plunged by triple digits on Monday as concerns about the banking industry’s health sent investors scrambling for the exits.
Stocks ended sharply lower Monday as Bank of America earnings and stress-test buzz dragged down financials. The Dow lost about 290 points, or 3.6 percent. The tech-heavy Nasdaq shed nearly 4 percent and the S&P 500 tumbled 4.1 percent.
After the bell, IBM is down 3 percent after its Q1 revenue results missed estimates, led by double-digit declines in Systems and Technology (down 23 percent) as well as the Global Services (down 10 percent) divisions.
The Dow tumbled on Monday in the wake of Bank of America’s numbers. Are investors just taking profits or is this the end of the line?
European markets and U.S. futures are lower this morning following weakness out of the financial sector as well as some poor outlooks from various U.S. companies.
Art Cashin, floor manager for UBS Financial Services, offered CNBC his take on what traders expect Monday. Cashin weighed in the Oracle deal with Sun Microsystems — and the next S&P support level.
Stocks tumbled at the open Monday as investors braced for the next batch of corporate earnings. The Dow dropped more than 100 points, or 1.5 percent in the first few minutes of trading. The tech-heavy Nasdaq lost nearly 2 percent.
US stocks looked set to drop at the open Monday as investors braced for the next batch of corporate earnings.
In this Web Extra, the traders game next week's market moving events. How should you trade Bank of America, and Morgan Stanley with earnings on deck?
Next week you could nearly drown in data, considering the flood of earnings reports that are coming. But don’t panic, our traders will keep you afloat.
By mid-session Friday shares of Morgan Stanely were charging higher, with investors betting that this firm, could wow the Street when they report earnings, next week.
President Obama's speech this week about the economy may have given fresh impetus to a special class of business leader—those looking at the recession as an opportunity in which to strengthen their company.
With Intel and Google now in the books, we can start to focus on the busiest single week of tech earnings that I can remember in recent history.
20 years ago today – on April 17, 1989 – the Consumer News and Business Channel launched. And how the network has evolved – from showing how to cook chicken in a microwave on the first day of broadcasting to covering the current global economic crisis over the past year.
Stocks ended a rocky session higher Thursday as investors were encouraged by JPMorgan's results and techs rallied amid anticipation of better results from Google after the bell.
Bulls were excited by growing optimism in the technology sector, Thursday, after cellphone maker Nokia said the drop in demand for its products was stabilizing.
Google will report its first-quarter earnings after the bell today (Thursday). How should stock investors play it? Richard Fetyko, internet analyst at Merriman Curhan Ford, gave CNBC his recommendation.
It's no secret that talks between Sun Microsystems and IBM have collapsed; and it's no secret, based on my earlier reporting that Sun has re-approached IBM and that IBM has rebuffed the overture. Again. But what's the real reason behind IBM's decision to walk?
An early pop fizzled Thursday as investors digested a mixed bag of economic and earnings news. Banks were mixed as techs gained.
Around lunchtime the bulls were whispering about Google’s quarterly results, which come out after the bell, and what they’d reveal. There’s cautious optimism in the sector...