MasterCard stock is splitting, but don't expect too many other companies to follow suit.» Read More
A new census study finds America's economic gap is widening; and have you ever tipped your flight attendant? CNBC's Dominic Chu and Robert Frank discuss.
*Fed to continue $85- billion monthly bond purchases. NEW YORK, Sept 19- Wall Street was set for a slightly higher open on Thursday, a day after the Federal Reserve surprised investors and economists by keeping its stimulus measures intact.
*Fed to continue $85- billion monthly bond purchases. NEW YORK, Sept 19- U.S. stock index futures rose on Thursday, a day after the Federal Reserve surprised investors and economists by keeping its stimulus measures intact.
Federal Reserve turned the table on investors, making big winners out of some nimble buyers and losers out of those who had expected policymakers to follow through on hints of a cut in their support for markets.
Stocks ripped higher to close near their best levels Wednesday, with the Dow and S&P 500 setting fresh highs, after the Federal Reserve surprised Wall Street by keeping its $85 billion-a-month bond-buying program intact.
NEW YORK, Sept 18- U.S. stocks soared and gold jumped while the dollar and bond yields fell sharply on Wednesday after the Federal Reserve surprised investors by keeping its economic stimulus in place on concerns tighter financial conditions could slow the economy.
*Fed to continue to purchase $85 billion in bonds a month. *Decision surprises most investors, who expected a $10 billion cut. NEW YORK, Sept 18- U.S. stocks rallied to record highs on Wednesday after the Federal Reserve, in a surprise to markets, decided against scaling back a stimulus program that has helped fuel Wall Street's rally of more than 20 percent this year.
Since Lehman filed for bankruptcy five years ago, a screen of the S&P 500 reveals that about 20 percent of the index components remain in the red.
September is historically the worst month for stocks, but this year, the calendar is a minefield for markets.
Apple stocks were U.S. hedge funds' top holding during the second quarter this year, beating travel website Priceline and iPhone manufacturer Qualcomm to the winning spot.
The companies say they will remain independent, "but what it really means for travelers is, sadly, the loss of a credible competitor," one analyst said.
Kayak co-founder and CEO Steve Hafner discusses competition among travel websites.
“As terrific as Google’s percent gain has been since its IPO 9 years ago, it’s been dwarfed by these stocks,” Cramer said.
Stocks kicked off the week with a thud, with the Dow and S&P 500 logging their first four-day losing streaks this year, as Treasury yields hit a two-year high amid ongoing worries over when the Federal Reserve might start to reduce its asset purchases.
For investors still uncertain about the euro zone's prospects, analysts say there is a safer way to play its nascent recovery: Buy shares of U.S. companies that do a lot of business there.
With a boost from William Shatner, Priceline is heading at warp speed to be the S&P's first $1,000 stock, surprisingly with a reasonable valuation, investors and analysts say.
Priceline may be the hottest stock around nearing $1,000 a share. Is the hefty price tag worth it? Steven Weiss and Josh Brown debate. And the battle between Bill Ackman and JC Penney continues. Is the retail board looking for ways to remove Ackman from its ranks?
*JC Penney's stock is S&P 500' s biggest percentage decliner. The stock of J.C. Penney Co. skidded 5.8 percent to $12.87 and ranked as the S&P 500' s biggest percentage decliner.
Stocks finished the week in negative territory, with major indexes logging their worst week since June, as investors found little reason to buy following the market's recent highs and amid ongoing worries about when the Fed may start to wind down its stimulus program.
NEW YORK, Aug 9- U.S. stocks dipped in light volume on Friday, putting the three major indexes on track for their worst week since June, as investors found little incentive to buy with equity prices not far below last week's record levels.