The Dow advanced Wednesday, boosted by an encouraging "beige-book" report from the Federal Reserve, a better-than-expected manufacturing report from the New York Fed and as Procter & Gamble raised its dividend. Techs remained underwater as Intel's lack of guidance rattled the sector.
Stocks opened lower Wednesday as Intel's after-hours earnings report the day before dragged down tech stocks and a warning from Wal-Mart hit the broader indexes.
The Consumer Price Index fell -0.1% last month. The core rate, excluding energy and food, rose 0.2%. Here is a breakdown of the inflation benchmark to show you where costs are rising most.
With stocks rallying for 5 weeks in a row now, dividend yields are falling back to Earth. The average dividend yield of the Dow 30 has fallen over 25% since the rally began in early March. See how the 30 companies in the Dow compare.
The big banks made a lot of bad trades that cost them billions of dollars. Now they may lose money on the good trades they made.
Yesterday, two Dow components crossed over their 200-day moving averages. There are now 3 Dow stocks trading at these levels. Here is a break down of the 30 Dow stocks with respect to their 50 and 200-day averages.
At the start of the month, General Electric was falling fast and the company that once boasted a half trillion dollar market cap, was at risk of falling out of the Top 20 biggest companies in the S&P 500. In less than a month, that has changed significantly.
Sexy might sell, but Cramer doesn’t recommend always buying it.
The oil patch is the perfect place to look for company payouts. Cramer thinks this firm is the best in the group.
This company has increased its payout to shareholders for 52 years in a row. Cramer expects 2009 to be the same.
These companies will tell us whether or not Monday’s rally was real.
People are more likely to trust their financial company if they advertise; they trust their bank or investment firm less if they don't.
The abrupt end of Wall Street's latest rally proves once again that short-term investing is a hazardous business, according to Sarat Sethi of Douglas C. Lane & Associates. That having been said, there are more short-term opportunities coming.
Cramer’s former punching bag seems to have made an inspired turnaround.
Among those young people coming of age today, we can see a shift in goals from just a few years ago. Gifting is creative: kids donating their big events for causes rather than spending on lavish parties. There’s less desire among graduates to plunge into big-money-making endeavors rather, there is genuine interest in giving back.
This was a very constructive week, the best weekly advance for the Dow and the S&P 500 since November.
The major indices have some distance to go today if they are going to break weekly records. However, there are 4 Dow components that are on track for their best week in at least 40 years...
Last night on Fast Money, Guy Adami mentioned that "the PE is very compelling" for Hewlett Packard. Many of the PE's for the Dow 30 are at historic lows. Here's a "By the Numbers" look at current PE's and implied valuation.
History is no guide for investors right now, Cramer says.
Following are the day’s biggest winners and losers. Find out why shares of Geron and Wells Fargo popped while HSBC and Proctor & Gamble dropped.