Despite an early pullback in the stock market, 26 stocks in the S&P 500 reached new 52-week highs so far in the trading session.
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.
As investors debate whether the stock market gains are sustainable, Barry Knapp, Barclays Capital Managing Director, believes that it is time to be very selective with stocks.
On Friday, July 24th, the S&P 500’s 100-day moving average overtook its 200-day moving average, an event known to Wall Street technicians as a Golden Cross (a shorter-term average crossing a longer-term one, from below to above). A month ago, we saw another Golden Cross, when the 50-day average moved above the 200-day average.
Following are the day’s biggest winners and losers. Find out why shares of Patriot Coal and Supervalu popped while American Express and Office Depot dropped.
Stocks ended slightly lower Tuesday, though the Nasdaq eked out a gain. And Citigroup shares soared.
Stocks skidded Tuesday after a report showed consumer confidence is waning amid worries about the job market. It was a struggle all morning as investors juggled another batch of disappointing earnings results against an encouraging report on the housing market.
The conspiracy theorists are out in force today: lots of "I told you so!" going on today as traders point to a front page story in the WSJ which says that the Commodity Futures Trading Commission (CFTC) will issue a report blaming wild swings in oil prices on speculators.
US stocks rallied on Wednesday, following a strong second-quarter earnings report from Intel on Tuesday after the bell, fueling hopes of a recovery led by technology companies. The S&P 500 posted its best 3-day percent gain since March 12, 2009, right at the start of the recent rally.
Ten years ago, Staples bought the naming rights to the arena that hosted the Los Angeles Lakers and the Los Angeles Clippers. It was a 20-year deal reportedly worth $116 million.
As investors look ahead to the second half of the year, the impact of the market's rally since March 9th, could provide insight into where some bets have been placed.
On a week where the US markets ended the day & week mixed, the major indexes are tracking to close the month mixed, but the quarter up almost 11% or greater, and the first half of the year in the green, except for the Dow.
Stocks have been quietly moving to the upside all morning...the general take is that despite vigorous questioning Mr. Bernanke is holding up well in his principal claim: that he did not threaten action against Bank of America CEO Ken Lewis or the bank's board if they abandoned the Merrill takeover, and more importantly insisted that his actions helped avert a global economic meltdown.
Small business has led the economy out of all past recessions and will do so again, Steve Odland, chairman and CEO of Office Depot told CNBC.
Yesterday's close marked the 3-month anniversary since the markets hit their closing lows on March 9. Here are the biggest gainers and losers on the S&P since then.
When it comes to executive compensation and perks, it’s interesting to note who really ends up getting what in the long run.
As the markets continue to steam ahead, with the S&P 500 soaring nearly 33% since its lowest close this year, investors looking for opportunities might want to take a peek at the leading sectors in 2009.
Stocks capped a winning month with a 1-percent rally Friday as traders squeezed in a few last-minute trades to close out the month of May. Investors were encouraged by a jump in consumer sentiment and less-bad GDP report. Oil stocks benefited from the rise in oil prices. Dell ended higher after beating its earnings target. GM ended at 75 cents a share.
Stocks made another break higher Friday as investors were encouraged by a jump in consumer sentiment and less-bad GDP report. Oil stocks benefited from the rise in oil prices. Dell shot out of the gate after beating its earnings target but other techs were slow to follow. GM fell below $1.
Plus, Cramer makes the call on retail, autos, gold and more.