The Dow pulled off a gain Monday as Goldman Sachs shares finished higher following news that the SEC vote to sue was close — raising doubt that the charges will stick. Citigroup jumped 7 percent after blowing past earnings forecasts.
IBM shares took a hit as soon as its first quarter numbers hit the tape, despite a healthy top and bottomline beat. Those pesky gross margins did the company in, but after a moment or two, cooler heads prevailed, and IBM shares began to recover.
Is the deck stacked against small investors? Following the SEC's fraud charges against Goldman Sachs, more individual players seem to think so. Paul Schatz, president and chief investment officer of Heritage Capital, and Jason Pride, director of investment strategy at Glenmede, share their insights with CNBC.
IBM is cheap, no two ways about it. As the company gets set to report its earnings tonight, keep that in mind as we parse each and every word of Big Blue's guidance.
Citigroup shares rose as the financial giant reported a $4.43 billion first-quarter profit on Monday as losses from bad loans declined. Chris Whalen, senior vice president and managing director at Institutional Risk Analytics shared his insights on the earnings results.
Stocks pushed higher Monday after a sharper-than-expected rise in leading indicators and an earnings beat from Citigroup.
U.S. stock index futures were lower ahead of the open Monday as investors were still reeling from Friday's news that the Securities and Exchange Commission charged Goldman Sachs with fraud, with banks leading European indexes lower.
This will be a critical week for tech investors, and if last week's news from Intel and Google was any indication, the news ahead could be very good indeed.
Uncertainty surrounding Goldman Sachs will likely overshadow the positive news from dozens of major corporate earnings reports in the week ahead. Some analysts say the Goldman spacer fraud charges could be the event that will trigger a much anticipated stock market correction.
The NASDAQ Composite and Dow rose for the seventh consecutive week, while the S&P 500 halted its winning streak, posting a weekly loss of 0.19%. US stocks fell during Friday's trading session, following news that the Securities and Exchange Commission charged Goldman Sachs with fraud related to subprime mortgages.
Stocks bounced off a lower open on Thursday after a pair of solid manufacturing reports and a rally in banks. Where should investors look to put their money? Frederic Dickson, chief market strategist at D.A. Davidson, and Carlo Panaccione, founder of Navigation Group, shared their insights.
Shares of Intel surged 4% in post market trade after the company released earnings. How should you trade in the wake?
As Intel prepares to release earnings tonight after the close, investors are clearly expecting good news. And for good reason.
Plus, get calls on health care, tech and more.
US Stocks rose for the third consecutive week, with the Dow halting its eight-session winning streak on Friday.
The Dow inched toward 11,000 Monday as investors cheered some encouraging economic news. Noah Blackstein, portfolio manager at Dynamic Mutual Funds, and John Lekas, CEO and portfolio manager at Leader Capital, discussed their market outlooks.
President Obama said Friday’s positive employment report indicates that the worst of the recession is over. What is the economic outlook going forward? David Wyss, chief economist at Standard & Poor’s, and Howard Ward, portfolio manager at Gamco Growth Fund, shared their insights.
With the market clearly fractured, are a growing number of trades just too crowded? And if so, which ones?
Stocks pulled off a gain Tuesday after a see-saw session in which techs and industrials gained, while energy and bank stocks were weak. Rob Morgan, chief investment strategist at Fulcrum Securities, and Alec Young, equity strategist at Standard & Poor’s, shared their market strategies.
Stocks continued their slow march higher on Monday even though investors seem to be unsure about the outlook for the rest of the year.