All major U.S. indices closed to the upside on Friday, as less than expected job losses in August led investors to focus on the positive side of a mixed payroll report, which showed that the unemployment rate jumped to 9.7%, or its highest level since 1983.
Stocks rallied to the finish line Friday as tech stocks surged after some encouraging comments from Intel's CEO. Investors breathed a sigh of a relief after the August jobs report, which showed the unemployment rate hit a 26-year high but layoffs seemed to be tapering off.
As the markets enter the holiday weekend with light trading, Rich Berg, CEO of Performance Trust Capital Partners; Robert Heller, managing director of Chapdelaine Brokerage; and Ray Carbone of Paramount Options discuss how the markets will move in the upcoming week.
September will be a rocky month for investors, but here's how you can protect your portfolio, Tommy Williams, president of Williams Financial Advisors and Jim Lacamp, portfolio manager and advisor at Macroportfolio Advisors told CNBC.
Google's Gmail service was knocked offline Tuesday in an outage that the company said affected a "majority" of its millions of e-mail users, including consumers who get Gmail for free and businesses that pay for a version for their employees.
Stocks pulled back Monday as a major selloff in China set the stage for a rough day on the US markets. In the day's only economic news, business activity in the Midwest picked up at a faster pace than economists had expected. It was the highest reading since September 2008. Read and listen to what the experts had to say...
Microsoft’s No. 1 rival is a household name, Google. But a strong candidate for No. 2 is a company that is scarcely known outside the technology industry: VMware.
Investors do not need to worry about a correction in the near-term, said Marc Pado, U.S. market strategist at Cantor Fitzgerald and Eugene Peroni, senior vice president and portfolio manager at Advisors Asset Management.
The S&P 500 and Dow index broke 8 days of consecutive gains on Friday, after an economic report showed consumer sentiment in August dipped to a 4-month low. Despite of Friday's slight pull-back, all major US indexes are on track to close up 2.5% or greater for the month.
There seems to be an improvement in the demand for PCs and it’s going to continue, said Andy Hargreaves, senior research analyst of Pacific Crest Securities.
I don't think you can over-estimate the significance of Intel's revenue expectation revision this morning: The new mid-point of $9 billion is a half billion dollars more than the $8.55 billion the company originally anticipated.
These days it seems just about everybody is slashing prices. And the latest markdown might leave you head over heels!
Stocks were mixed on Thursday—well off their lows for the day—as investors greeted a downturn in the markets with yet another round of buying. The market digested economic reports a bit better than expected as signs developed that the market was ready to take a breather from its violent five-month surge off the March lows. Read and listen to what the pros had to say...
Stocks closed with modest gains, helped by a rally among bank stocks as well as oil prices.
Buying software is not like buying a vase or a comb or a lawnmower where you pay, you take it home, and the transaction is complete. No, buying software is more like joining a club with annual dues. Every year, there’s a new version, and if you don’t upgrade, you feel like a behind-the-curve loser.
Stock index futures are indicating a similar lack of conviction Thursday, drifting downwards on flat European stocks and losses in Asian markets.
The video game price wars are getting fiercer. Microsoft on Thursday announced plans to lower the price of its top-line Xbox 360 model from $399 to $299.
Recent economic numbers suggest that the economy may be finally turning to a recovery, said Jim Hardesty, president, market strategist and chief economist of Hardesty Capital Management, and John Merrill, founder and CIO of Tanglewood Wealth Management.
Ben Bernanke’s reappointment as Federal Reserve chairman is a sign of stability to the markets, said Bryan Place, president of Place Financial Advisors.
As the stock market continues to gain steam, with all major US indices higher by 46% or more since the market rebound began, companies in the S&P 500 have outperformed the average gains of the Dow and Nasdaq 100 components.