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The market’s rally today was driven by the strong May consumer confidence numbers released at 10am ET this morning. With confidence building, the hope is that the consumer will start spending again.
Stocks barreled higher Tuesday as consumer confidence hit its highest level in eight months and a broker upgrade on Apple buoyed the Nasdaq.
Stocks recovered from a lower start Tuesday as consumer confidence hit its highest level in eight months and a broker upgrade on Apple buoyed the Nasdaq.
Most of the large retailers have reported, and the results are better than expected, at least on the bottom line.
Traders expect the market to bump along with a downward bias while it establishes a new trading range, as a lack of economic news and earnings reports in the coming week leaves a news vacuum.
The Dow and S&P 500 closed lower Friday, though the bulls weren't too badly bruised. How should you be trading now?
Stocks flopped Friday, capping a dismal week, as bank stocks pulled back after recent gains.
Plus, calls on the U.S. economy, retail, Internet advertising and more.
The bears and bulls continue to battle for control of the market with bears looking for the next leg down and bulls betting on a V-shaped recovery. Who's winning?
Stocks opened flat Friday as investors were encouraged by a pair of better-than-expected manufacturing readings but dismal economic data out of Europe and weak U.S. retail reports capped gains.
A modest pop in futures as the Consumer Price Index was flat, in line with expectations.
Futures pared losses Friday after a pair of better-than-expected manufacturing readings.
Options expirations and a few economic headlines are the big factors for stocks Friday. But also, like an economic weather vane, the financial stocks will point out the market's direction.
Here's our Fast Money "Final Trade". Our gang gives you tomorrow's best trades, right now! Also you'll find the "Fast & Furious" trades for Friday!
Nordstrom up 4 percent after the close on higher earnings.
After 3 days of declines, the major indices finally stopped dropping, and it's no surprise that the decline stopped on a day when announcements of major secondaries was very light.
Following are the “Fast & Furious” trades - hot ways to play Monday's market moving events.
Consumers enticed by warmer weather and glimmers of hope for the economy bought a few more items in April, helping discounter Wal-Mart Stores and many mall clothing chains post better results for the month than expected.
The rally continues. Bulls are arguing this morning that today's data supports the current rally.
As we get better economic news, stocks set the bar higher. I noted this morning that "less bad" was no longer good enough to move stocks forward, the new standard is "much less bad," and even that may not last long.