Stocks surged Friday after a boost in durable goods orders—and despite news that home sales had their second-worst month on record in August. Art Cashin, director of floor operations at UBS Financial Services, discussed his market outlook.
Stocks continued to surge Friday morning after a boost in durable goods orders and news that the rate of sales of new homes was unchanged from July. Caterpillar and Alcoa rose.
Stocks sank in the last half hour of trading Thursday after a batch of economic reports failed to provide traders with enough optimism to continue a September rally. Walt Disney and GE fell, while Hewlett-Packard rose.
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The market’s performance this September has belied all the pessimism from investors getting into the month. Is it time to get out of bonds and into equities? James Altucher, managing director of Formula Capital shared his insights.
Each year, Oracle’s presence looms over this city for a week, during the company’s Open World customer conference. About 41,000 people arrived this week to discuss business software in fine detail and talk over beers, reports the New York Times.
Stocks gave back most of its afternoon gains Tuesday as investors digested news that the Federal Reserve would be willing to provide "additional accommodation" to the U.S. economy. Caterpillar rose, while Alcoa fell.
Stocks were mixed Tuesday as investors digested news that the Federal Reserve would be willing to provide "additional accommodation" to the U.S. economy. Caterpillar rose, while Alcoa fell.
Stocks fell modestly Tuesday after reaching four-month highs on Monday as investors await a Federal Reserve policy meeting where future quantitative easing strategies may be discussed. Caterpillar rose, while Alcoa fell.
Stocks opened slightly lower Tuesday, after the S&P 500 broke through the crucial 1,130 barrier in the previous session—capping the index's highs since mid-May. What’s ahead for stocks? Art Cashin, director of floor operations at UBS Financial Services, discussed his insights.
Stock futures rose Tuesday after a report that housing starts reached their highest level in four months, and as investors await a Federal Reserve policy meeting that may discuss the need for further easing.
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By Monday’s close, a decidedly bullish tone seemed to prevail on Wall Street with chatter suggesting stocks could be about to break out.
IBM said Monday that it would buy data analytics company Netezza for $1.7 billion to expand its business of helping clients analyze market information.
It has been a key level for the index and the traders discuss if it can break through.
Stocks ended higher Friday, continuing a September rally despite trading with uncertainty most of the week. Caterpill and United Technologies rose, HP and JP Morgan fell.
Stocks edged higher before the close Friday, putting the market on pace to continue a September rally despite trading with uncertainty most of the week. Dupont and Caterpillar rose, JP Morgan and HP fell.
There are three things the famed strategist doesn't like about this market right now.
Stocks are slightly higher after a burst at the open following news that a measure of consumer sentiment unexpectedly hit the lowest level in more than a year. Dupont and Disney rose, HP fell.