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"I have this gut feeling that if we retest (the low) we're going to go through it because the world economy is in shambles," says one stock market pro.
Europe is weaker after the U.K. reported its second straight quarterly decline in GDP (1.5 percent), the weakest quarter since 1980.
Some of the most conservative companies we know stumbled, and took the market with them.
PepsiCo calculated the amount of carbon dioxide emitted to the atmosphere for each half-gallon carton of orange juice, hoping to be able to promote supposedly low-carbon products to consumers anxious about rising global temperatures.
Housing starts and permits were well below expectations, but in the topsy-turvy world today many traders believe that the lower the starts and permits the better, since it means less inventory that needs to be worked off.
The pressure's on Obama to save the economy. His presidency will succeed, or fail, with the markets.
Stocks jumped on Wednesday, rebounding from a two-month low, after a surprisingly healthy earnings report from IBM fueled optimism...
Stocks clawed their way back from a midday rout as banks surged and investors relaxed after the Treasury Secretary nomination hearing ended.
Predictably, it was led by financials. The Bank Index rallied 12 percent after dropping 19.7 percent yesterday.
Stocks clawed their way back after paring earlier gains amid worries about the confirmation hearing of the Treasury Secretary nominee.
Stocks opened higher Wednesday as investors hope President Barack Obama's economic team will bring clarity to the markets.
While guidance from financials is generally downbeat again, there are a few outliers reporting good results outside of the banks.
U.S. stock index futures pointed to a higher open for Wall Street Wednesday as investors hope President Barack Obama's economic team will bring clarity to the markets.
The ailing banking system is at the top of the Obama Administration's agenda Wednesday, after worries about the sector Tuesday handed the stock market its worse Inauguration Day losses ever.
Wall Street ushered in the Barack Obama presidency with a substantial drop in the Dow, amid fresh signs the global bank crisis is far from over.
IBM pleasantly surprised everyone and is up 4 percent after the bell on strong earnings, guidance.
In this Web Extra the traders reveal how they're playing earnings from CSX, Johnson & Johnson, IBM and more.
Investors are holding out hope for an Obama rally though any stock market bounce is unlikely to linger because of the weak economy.
Considering the Dow and S&P are down in 2009, will the market bounce after the inauguration?
Stocks will struggle with a heavy dose of bad earnings news that could dash investor hopes for an Obama rally in the week ahead.