Stocks rebounded late on Monday to end around break-even. Late gains were triggered by momentum in the S&P 500 which recently pierced its 200-day moving average.
Doug De Groote, managing director of United Wealth Management, and Roy Williams, CEO of Prestige Wealth Management, shared their market views and investor advice.
This is a live blog from The Apple Worldwide Developers Conference 2009 at the Moscone West in San Francisco.
Today, Cisco and Travelers replaced Citigroup and GM on the Dow. Here is a look back at the previous 10 changes to the Dow and what happened to the benchmark in the days leading up to and following the change.
Harry Truman would have hated last Friday's employment report. He always wanted a one-armed economist, so you couldn't get away with saying "well, on the one hand. . . but then, on the other hand. . ." Friday's report had stuff for the bulls and the bears, and the market at the end of the day didn't know what to think.
With stocks rallying for over 3 months now, dividend yields continue to fall back to Earth. Today, two new components join the Dow, one with a dividend and one without. See how the 30 companies in the Dow compare.
The Dow industrials edged higher, while the S&P 500 and Nasdaq dipped on Friday as investors sorted through conflicting signals about jobs and the economy.
Stocks rose for a third straight week as investors got their game on for a recovery. Still, Friday's trading was choppy as investors cheered an early pop from the smaller-than-expected job loss in May but the market couldn't sustain the gains.
Stocks advanced Thursday after a report showed jobless claims fell last week and banks gained. Weak retail sales tempered the mood.
With takeover talk rampant and two big catalysts on the horizon, tech stocks could be making some big moves, very soon.
A currency crisis is imminent, so investors should avoid shorting the market, said Jim Rogers, chairman of Rogers Holdings.
One of the most important economic indicators for the stock market, comes out Friday before the bell. And traders are taking their position now!
Stocks opened slightly higher on Thursday after a report showed jobless claims fell last week. Meanwhile, nonfarm productivity rose 1.6 percent in the first quarter, compared to the initial estimate of 0.8 percent and the 0.6 percent drop in the fourth quarter. Read and listen to what experts had to say…
New U.S. jobless claims fell for a third straight week last week; productivity rose 1.6 percent. What does this herald for the stock markets? Art Cashin, UBS Financial Services director of floor operations, offered his insights to CNBC.
Isn’t it fascinating that stocks rallied over 200 points on Monday, despite Obama’s command-and-control government takeover of General Motors? I think it’s because GM’s old-economy operation is yesterday’s story.
The Dow Industrials briefly turned positive for the year earlier this morning. WAHOO! But wait…the S&P 500 turned positive for 2009 nearly one month ago and is now up over 4.5% this year. So why the performance lag in the Dow (compared to the S&P)?
With the exit of Citigroup and GM from the Dow, new comers Cisco and Travelers bring some heft back into the index. As of Monday's close, the price weighted index is taking out $4.44 (combined price of Citi and GM) and adding in $61.41 (CSCO + TRV). Here's how this change will impact the weight of the remaining 28 stocks of the Dow.
The S&P 500 rose above its 200-day moving average for the first time since May 2008 on an intraday basis, sending a major signal to the bulls.
Stocks soared Monday as investors were encouraged by economic reports out of China and the U.S. and breathed a sigh of relief that General Motors finally filed for bankruptcy protection.
Paul Schatz, president at Heritage Capital, and Dan Fitzpatrick, president at StockMarketMentor.com, discussed their outlook for the economy — and shared their stock/sector likes and dislikes.