U.S. stocks closed down on Friday, breaking five weeks of consecutive gains as investors awaited the Federal Reserve's announcement next Wednesday.» Read More
Analysts and officials compare the current operation to a one-month war between Israel and Hizbollah guerrillas in Lebanon in the summer of 2006, as well as to conflicts in Gaza in 2009 and 2012, when the economy took a hit but bounced back quickly, except for tourism.
Goldman's "neutral" call on the market had a dramatic headline but the market had zero reaction—and with good reason, says floor trader Kenny Polcari.
But Romania ranks as the European Union's second-poorest state and among the weakest in collecting taxes and fighting fraud, making it poorly equipped to manage the bitcoin.
U.S. stocks rose on Tuesday, building on gains after CPI rose in June, with sentiment also stabilized by encouraging earnings reports.
A long hoped for improvement in the economy appears to be manifesting in second-quarter U.S. earnings, but the next two weeks could be the real test.
Looking for more yield from stock investments? Look for companies in a host of industries—from utilities to telecom—that are not overvalued.
Companies such as General Electric Co and Intel Corp have reported solid results. Intel declared that personal computer sales have stabilized, while it forecast third-quarter revenue above Wall Street's expectations.
The Malaysian plane crash triggered a selloff by the machines but Gaza is a bigger worry for the human traders, says NYSE floor trader Kenny Polcari.
Advanced Micro Devices posted a net loss for the second quarter and gave a revenue forecast that missed expectations, sending shares sharply lower.
SAN FRANCISCO, July 17- Advanced Micro Devices Inc posted a net loss for the second quarter and gave a revenue forecast for the current quarter that missed expectations, sending its shares sharply lower.
Stocks declined Thursday, with the Dow retreating from its record, after reports that a Malaysian plane had been shot down over Ukraine.
July 17- Microsoft Corp said on Thursday it would slash up to 18,000 jobs, or 14 percent of its workforce, this year. April 2014- The chipmaker said it had cut 1,500 jobs in Costa Rica. January 2014- Announced plans to reduce its global workforce of 107,000 by about 5 percent this year.
The bear case for stocks is easy, but it's the bull case that may win out this summer, analysts say.
Who says old school technology is dead? Has anyone notice the top performers in the Dow in July?
Asian equities ended mostly lower on Thursday as profit-taking offset a record close on Wall Street overnight.
SEATTLE, July 17- Microsoft Corp is set to cut more than 6,000 jobs in an announcement expected early Thursday, according to sources familiar with the matter, as it trims its newly acquired Nokia phone business and reshapes itself as a cloud-computing and mobile-friendly software company.
*Record closing high on Wall Street lifts Asia. TOKYO, July 17- Asian equities gained on Thursday, lifted by another record-high close on Wall Street, while the euro probed recent lows against the dollar amid speculation the U.S.
*Intel supplier Shinko Electric soars to 6- month high. TOKYO, July 17- Japan's Nikkei share average rose to a 1-1/ 2- week high on Thursday, buoyed by gains on Wall Street, while Shinko Electric Industries Co jumped on Intel Corp's strong forecast.
TOKYO, July 17- Asian equities gained early on Thursday, lifted by another record-high close on Wall Street, while the euro probed recent lows against the dollar amid market speculation the U.S. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.15 percent.
Jim Cramer thinks key developments in today's stock market could be telegraphing critical information about tomorrow.