U.S. stocks closed narrowly mixed, winding down several turbulent trading days with gains for the week, helped by a rebound in oil and good data.» Read More
Stocks had their ups and downs through the week, coming back from a long weekend and taking a triple-digit plunge on Monday, selling off more sharply on Tuesday, then regaining lost ground later in the week.
Marvell Technology has more than doubled from its November low, and today options traders are betting that the chipmaker has even more room to rise.
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.
Stocks climbed on Thursday with technology the star of the day largely due to optimistic comments from Nokia.
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.
The Dow advanced Wednesday, boosted by an encouraging "beige-book" report from the Federal Reserve, a better-than-expected manufacturing report from the New York Fed and as Procter & Gamble raised its dividend. Techs remained underwater as Intel's lack of guidance rattled the sector.
In the final hour of trading Wednesday the DJIA wowed the bulls by jumping 100 points closing above the psychologically important 8000 level.
Wall Street's belief that bank stress-testing would be a non-event for the stock market has changed, and investors may not like the results.
Around lunchtime Wednesday the Dow traded higher with JPMorgan among the strongest names in the blue chip index.
Stocks opened lower Wednesday as Intel's after-hours earnings report the day before dragged down tech stocks and a warning from Wal-Mart hit the broader indexes.
Art Cashin, floor manager for UBS Financial Services, offered CNBC his insights into what traders expect for Wednesday.
Second-day comments on the numbers from Goldman Sachs were significantly less enthusiastic, with fresh questions about the integrity of the stress tests, new worries about runs on banks that scored low on the stress tests. One pro added a new letter to the recession alphabet; others were more optimistic, but still wary about the financials, and suspicious that the market is overbought and ready for some profit-taking.
"Fits and starts," less bad"...all the phrases traders are using to describe the murky state we are in. In the past few weeks, traders have clearly focused on the "starts," on the positives.
Investors with so many reasons to take profits (busiest week for earnings reports ahead, the release of bank stress tests, poor economic data) are clearly biased toward owning stocks.
Intel: are PC sales really bottoming? After the close intel reported earnings that beat expectations, and while they gave cautious revenue guidance trading desks are focused on Otellini's comment that PC sales had bottomed out in the first quarter.
Stock futures indicated a mixed open Wednesday as Intel's after-hours earnings report the day before dragged down tech stocks.
The Consumer Price Index fell -0.1% last month. The core rate, excluding energy and food, rose 0.2%. Here is a breakdown of the inflation benchmark to show you where costs are rising most.
Stocks are struggling against a wave of economic and earnings news, but traders say it's not a bad thing that the market is giving up gains this week.
Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!
Will quarterly results from Intel, released after the bell, drag down the Dow at Wednesday's open?