What follows is a look at stocks in the S&P 500 displaying unusual volume in today's trading session.
S&P 500 closes at 1150.24, a 52-week high. One of the last technical hurdles was breached at the close today, as the S&P 500 closed at its highest level since October 1, 2008. The big cap index has now joined the Nasdaq, Russell 2000 and S&P Midcap, all at new highs. How strong has this slow melt-up been?
Citigroup did (finally!) announce the terms of its trust preferred offering: $2 billion (80 million shares), par $25, at a yield of 8.5 percent. The surprise here is the yield: 8.5 percent, less than the 8.875 percent that traders had been told last night. Demand was much stronger than expected, resulting in a lower yield than initially telegraphed.
Stocks rallied Wednesday as the dollar pulled back and Fed Chairman Ben Bernanke pledged to keep rates low for a long time. Financials were among the top gainers.
The Dow logged its biggest two-day drop since June on Thursday. Big financials led today's decline as President Obama rattled the market with plans to crack down on Wall Street risk taking. But regional banks continued to shine.
After hours action points to a lower open Friday; that after the Dow closed out its worst two-day percentage loss since June.
The chairman of Congress’ Financial Services Committee has his own take on the president’s reform plans. Plus, a call on regional lenders.
Stocks fell sharply, led by financials, as President Obama spoke about his planned crackdown on Wall Street's risk taking.
The Dow dropped more than 200 points, or 2 percent Thursday as traders shook off encouraging earnings from Goldman Sachs and eBay, worried more about China and Obama's plan to crack down on Wall Street.
Great news! We're growing too fast. China's GDP surged 10.7 percent in the fourth quarter compared to the same period a year ago, above expectations of a gain of 10.5 percent. Economic growth for 2009 came in at 8.7 percent. The minimum usually cited to continue to create jobs is 8 percent, so by any measure China is in good shape (assuming the numbers are accurate).
Concerns about monetary tightening in China hit investor sentiment before hours, with stock index futures pointing to a lower open for Wall Street.
What follows is a roundup of corporate earnings reports for Thursday, Jan. 21.
Stocks are losing steam this afternoon, with the Dow posting a triple-digit decline for its worst showing so far in the New Year. Dragging down the markets today are the financials, which is the lagging sector on the S&P 500. Weighing on that sector today: still little evidence of improvement in bank credit losses following JPMorgan’s report this morning.
lntel's after-the-bell earnings will be a high point Thursday, providing a window on how tech could perform for the fourth quarter. But before that, markets will consume retail sales data and jobless claims at 8:30am, and business inventories at 10am.
Following six days of consecutive gains since the start of 2010, stocks in the S&P 500 have posted an average gain of 3.6%. Here is a look at the best and worst performing stocks so far this year.
Plus, get the Mad Money host’s projections for 2010 and more.
Cramer makes the call on viewers' favorite stocks.
With Monday's extension of the current rally, all but one of the S&P 500 now have market caps over $1 billion. 32 of these are still trading for less than $10 per share.
The best stock-market rally since 1935 has pushed 93% of the stocks in the S&P 500 above their 200-day moving averages. As upward momentum builds on the market, could some of the laggards be poised to pop?
Stocks finished lower after well-known banking analyst Dick Bove downgraded his rating on Wells Fargo.