The S&P 500 fell on Monday as investors booked profits in financial sector with comments made by widely followed banking analyst Whitney Tilson on CNBC fueling the sell-off.
The S&P 500 slipped down into negative territory by midday Monday driven by heavy profit taking in the financial services sector. How should you be trading?
The federal stimulus package passed in February may help some IT companies climb the stock charts. The law provides $19 billion to replace the ubiquitous paper chart on a clipboard with electronic medical records.
The Nasdaq is on pace for the biggest two-month gain since 2002. This technology laden index is also the only major index in positive territory year-to-date and was hugely responsible for leading the end 2000-2002 bear market. Why is tech suddenly so exciting? And how should you play it?
Sun Microsystems is scheduled to report its fiscal third-quarter numbers after the market closes Tuesday.
Wall Street's late-winter, early-spring rally finally ended this week, with a sharp sell-off on Monday from which the Dow Jones Industrials and the S&P 500 never fully recovered. Nasdaq numbers were better, giving strength to predictions that technology will ultimately lead the markets back from recession.
Linux distributor Red Hat is seeing increased demand for its products even as the recession forces many companies to slash their IT budgets, said Red Hat CEO James Whitehurst.
Stocks ended higher Tuesday as investors were encouraged by comments from Treasury Secretary Tim Geithner that most banks are well capitalized.
Jon Najarian, co-founder of Optionmonster.com breaks down the M&A with Scott Wapner on Tuesday’s Fast Money Final Call.
IBM will have more merger opportunities that will help improve competition, said Peter Misek, technology analyst at Canaccord Adams.
The Dow plunged by triple digits on Monday as concerns about the banking industry’s health sent investors scrambling for the exits.
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.