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The Dow pulled off a nearly 50-point gain Thursday after a topsy-turvy session as the boost from oil's rally ultimately beat out disappointment in earnings from Goldman Sachs and Citigroup.
Traders applied the brakes Thursday, a day after the Dow topped 10,000, as Goldman Sachs and Citigroup proved no match for Wall Street's inflated earnings expectations.
Stocks pared their losses Thursday after a third straight positive Philly Fed reading — the first time that's happened in two years. Stocks had opened lower after disappointment in earnings from Goldman Sachs and Citigroup.
After Wednesday's stellar market performance, stock index futures indicated a lower open for Wall Street on Thursday as investors take a breather and evaluate their next move.
Stocks rallied Wednesday and the Dow broke through 10,000 for the first time in over a year, fueled by strong earnings from JPMorgan and Intel.
Stocks rallied Wednesday, with the Dow homing in on 10,000, after JPMorgan and Intel got earnings season back on track and retail sales fell less than expected.
The much-anticipated deal has been done: McGraw Hill announced Tuesday afternoon that it will sell the 80-year-old weekly magazine to Bloomberg.
Futures pointed to a strong open Wednesday, with the Dow ready to make another run at 10,000, after JPMorgan and Intel got earnings season back on track and retail sales fell less than expected.
Following are the day’s biggest winners and losers. Find out why shares of McGraw -Hill and Ford popped while Estee Lauder and KB Home dropped.
Now that The Washington Post Co. has ended its long-standing partnership with the Los Angeles Times it's launching a new service with Bloomberg News, honing in on its expertise with political and economic news.
The third quarter has past and for investors seeking dividends, they can be glad. Standard & Poor's said yesterday that third-quarter dividend increases this year were the worst on record. Dividend payments during the third quarter fell 44.8% from a year ago, with only 191 of about 7,000 public companies -tracked by S&P- increasing their payouts.
With data from ThomsonReuters, we took a look at which stocks have consensus estimates farthest above their stock prices (as of market close on 9/30/09).
Despite a pull back in the U.S. equity markets last week, the S&P and Nasdaq Composite are having their best September since 1998 so far, while the Dow is on track for its biggest % gain in September since 2007. Even though September ranks as the worst month historically on average for all three indices, the Nasdaq Composite has traded up 12 sessions out of 19 as of Monday's close while the Dow and S&P have finished up 11 days of 19.
As we approach another quarter and month end, with just four days to go, the Dow is on track for its best third quarter since 1939, the S&P is on course for its biggest Q3 gains since 1970, and the Nasdaq Composite is having its best Q3 since 1997, based on September 24 closing levels. Will the markets continue to hold on to gains or sell off by the end of the year?
Ratings agencies need to adopt universal standards to prevent the kinds of abuses that helped fuel the collapse of the credit markets, an industry whistleblower told CNBC.
Following are the day’s biggest winners and losers. Find out why shares of Yahoo and Foster Wheeler popped while Toll Brothers and McGraw-Hill dropped.
Not too many people can honestly say they saw the Wall Street crisis coming. Hear from someone who can!
Following are the day’s biggest winners and losers. Find out why shares of Energy Conv. Devices and McDermott popped while McGraw-Hill and Smithfield Foods dropped.
With shares of Fannie Mae up a whopping 150% over the last month, has the dash for trash run its course?
A recent court ruling that forced two ratings companies to defend fraud claims is a "game-changer" for the industry, said David Einhorn, head of Greenlight Capital.