Jefferies is cuttings its earnings estimates for Microsoft; Dick's Sporting Goods was added to the conviction buy list at Goldman Sachs; and LBrands was downgraded at Bank of America. Stephanie Link, TIAA Global Asset Management, and the FMHR traders, take their positions in the names. » Read More
Stocks ended sharply lower Monday as Bank of America earnings and stress-test buzz dragged down financials. The Dow lost about 290 points, or 3.6 percent. The tech-heavy Nasdaq shed nearly 4 percent and the S&P 500 tumbled 4.1 percent.
The pros all agreed that the days of the market shrugging off bad news are over, and the bear-market rally probably is, as well.
The Dow tumbled on Monday in the wake of Bank of America’s numbers. Are investors just taking profits or is this the end of the line?
As of this morning, just over 10% of the S&P 500 companies have reported earnings. Here's a look at which companies have had the biggest surprises so far...
Financials continue to lead the weakness today on the heels of Bank of America’s earnings report. In late-morning trading, B of A and Citigroup are now down 15 percent each, while many other regional banks are 11 to 15 percent lower.
European markets and U.S. futures are lower this morning following weakness out of the financial sector as well as some poor outlooks from various U.S. companies.
Art Cashin, floor manager for UBS Financial Services, offered CNBC his take on what traders expect Monday. Cashin weighed in the Oracle deal with Sun Microsystems — and the next S&P support level.
Stocks tumbled at the open Monday as investors braced for the next batch of corporate earnings. The Dow dropped more than 100 points, or 1.5 percent in the first few minutes of trading. The tech-heavy Nasdaq lost nearly 2 percent.
US stocks looked set to drop at the open Monday as investors braced for the next batch of corporate earnings.
Stocks climbed on Thursday with technology the star of the day largely due to optimistic comments from Nokia.
Cramer makes the call on viewers' favorite stocks.
The Dow advanced Wednesday as factory and home sales data raised hopes the economic downturn is moderating, at least somewhat.
The S&P 500 closed higher Tuesday, with stocks recording their best month since 2002.
It seems the recent rally in tech has some pretty impressive coat tails. Even Microsoft is higher!
U.S. stocks surged around 7 percent on Monday after the Obama administration detailed a plan to purge toxic assets from bank balance sheets...
Cramer sees a host of good trends that should take this market higher.
One company that we highlighted on Friday was NetApp, which was formerly known as Network Appliance. The company primarily offers data storage services to businesses and, according to our Stacey Gilbert of Susquehanna, is a perennial takeover candidate.
Following are the week’s biggest winners and losers. Find out why shares of Home Depot and Darden Restaurants popped while Capital One and Morgan Stanley dropped.
Bulls, bears, and the biggest surprise from the Fed in recent memory. The week encompassed them all. With memories still fresh about big companies cutting their dividends, a tech giant started one. It was all fodder for the fund managers and analysts, who had plenty of suggestions about where to put money in the stock market.
Stocks ended a strong two-week run with a thud Friday as financial stocks took a beating and weakness seeped into other sectors.