Stocks snapped a three-day losing streak Thursdayas a trio of encouraging economic reports — the Philadelphia Federal Reserve's manufacturing report, leading indicators and weekly jobless claims — fueled recovery hopes.
Stocks advanced Thursday as a trio of encouraging economic reports — the Philadelphia Federal Reserve's manufacturing report, leading indicators and weekly jobless claims — fueled recovery hopes.
At the March 9 bottom, the banks were falling fast and behemoths like Google were at risk of falling out of the Top 20 biggest companies in the S&P 500. Three months later, that has changed significantly.
Financials weighed down the Dow and S&P on Wednesday as investors sifted through sweeping new regulations designed to eliminate excessive risk-taking on Wall Street.
Stocks ended flat Wednesday as tech and consumer stocks rebounded but banks dragged after a credit downgrade on more than a dozen companies.
Financials had everything thrown at it: the President's Financial Regulatory Reform proposal was unveiled, all 80 pages of it, and Standard and Poors lowered their ratings and outlook on 22 banks this morning.
Stocks ticked higher Wednesday as consumer stocks rebounded after a tame inflation reading but banks still dragged after credit downgrade. FedEx skidded after it issued a weak outlook.
How are the Fast Money traders gaming this market into the close? Following are the “Fast & Furious” trades - hot ways to play today's market moving events.
The Walt Disney Co. is no stranger to the consumer electronics business, enjoying big success with its Hannah Montana MP3 players, digital cameras, flat-panel TVs and the like. But today's entry into the netbook arena is the company's most ambitious plan yet to seize on the success of electronics and a consumer's insatiable need for gadgets.
The Dow, S&P and Nasdaq were all down over 2%, as of late this morning. While these moves are significant, we have seen drops like this before in this rally.
Market momentum is slowing but it’s clearly still upward, said John Wilson, chief technical strategist at Morgan Keegan.
The CEO of one of these companies has been given Mad Money’s “highest” honor.
We’re likely going to get a market correction, said Rob Morgan, market strategist at Clermont Wealth Strategies and Sam Stovall, chief investment strategist at Standard & Poor’s.
It seems the major catalyst of the summer is oil with energy stocks holding up an otherwise sluggish stock market. How should you be positioned?
Stocks ended mixed in choppy trading Tuesday after 10 banks were approved to repay TARP loans. But tech stocks gained after Texas Instruments raised its earnings and revenue targets for the second quarter.
Stocks turned mixed Tuesday after the banks approved to repay TARP loans were named. But tech stocks held onto their gains after Texas Instruments raised its earnings and revenue targets for the second quarter.
The bulls initially dominated trading on Tuesday after the Treasury Department said 10 big banks have gotten the okay to pay back $68 billion they received from the government.
The Nasdaq has just had one of its best starts to a year in the last decade. Need we say more? If so, here you go.
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.