Stocks rallied for a second day Tuesday as news that Australia has raised rates revitalized hope for the global recovery.
Stocks fell for the fourth straight day on Friday as weak jobs data revived worries about the strength of the recovery.
All major U.S. Indexes declined 1.8% or more for the week, logging weekly losses for a 2-straight week. A pullback in Industrials, a worse than expected ISM Manufacturing September reading, and continued weakness in the U.S. jobs data also pushed the CBOE Volatility Index (.VIX) up by 11.8% for the week.
Cisco's play for Tandberg is a real sign of the times for cash rich tech companies. Here's a company trading at or near its 52-week high, and yet dips into its swollen coffers and pays for the $3 billion deal all in cash. And why not, with $35 billion in cash on the balance sheet, Cisco can certainly afford it.
Thursday's economic reports should paint a fairly current picture of the state of manufacturing, housing, and the consumer, all key pillars of the economy.
Despite rough economic data the bulls could not be held down and reversed a 100 point drop in the Dow. But that might not be such a positive sign after all...
This is a treacherous market to trade in. Traders have been heavily shorting the market all morning, but the Dow has cut its losses in half, moving from down 128 to down only 50.
Traders are looking straight past quarter end to the September jobs report at the end of the week.
Wall Street will quickly shift its focus to corporate earnings news once the books are closed on the third quarter this week.
The Dow and S&P rallied on Monday, snapping a three-day losing streak, as a string of corporate takeovers fueled optimism that value remained in the market.
Stocks opened higher on Monday after a wave of merger-and-acquisition activity. Are the markets positioned to head higher or should investors remain cautious? Market strategists Phil Orlando at Federated Investors and Stephen Wood at Russell Investments shared their insights.
October could bring some rock and roll back to the stock market. "It's been a good run so far, so we should expect some kind of turbulence," said J.P. Morgan chief equities strategist Thomas Lee.
U.S. stocks broke two weeks of consecutive gains to finish in the red Friday. Despite of the pullback this week, all major indices remain on track to finish the quarter up 13% or greater.
By any historical measure, Research in Motion has a pretty good, three-month stock run. From a low of around $66 on July 13, they're just shy of $84 today. Hardly a slouch. But...
The challenge for markets Thursday will be whether weekly jobless claims and existing homes sales confirm the Fed's view that the economy and housing are getting better.
Key events and data to look out for on Thursday.
Both the S&P and Dow sold-off Wednesday as comments from the Federal Reserve reminded investors that at some point the economy will have to stand-up on its own.
Although the Fed is expected to keep interest rates unchanged, investors will pour over the committee's statement and what they say could move the market!
People are racing to get into this market because they’re afraid to be the last bear standing, said Dan Genter, president, CEO and CIO of RNC Genter Capital Management. He shared his views on where investors should be putting their money to work.