Futures dropped, then recovered a bit, as initial and continuing claims were higher than expected. Start of a new quarter, and first trading day of the month. It is one of the oddities of trading that the Dow Industrials have their biggest point gains on the first day of the month, on average (Trader's Almanac). It's really quite significant...
The Dow squeaked out a gain Wednesday after the Fed renewed its pledge to keep rates low and offered a statement with no surprises.
Bids are light. This was no selloff yesterday: bidders simply walked away. Consolidated volume at the NYSE (trading in all NYSE listed stocks on all exchanges) was 4.7 billion shares (5 billion is normal), one of the lighter volume days of the year.
Stocks turned lower Wednesdy after a report showed new home sales hit a record low last month.
US stock index futures pushed higher Wednesday, after stocks closed lower Tuesday as a result of weak housing data
Stocks fell sharply Tuesday, dragged down by disappointing housing data and weakness in energy shares.
Stocks fell further in late trading Tuesday as energy stocks dragged and technology and health care stocks were higher.
Walgreens, Rite Aid at 52-week lows. The Walgreens conference call ended earlier. Bottom line?
A number of reports coming next week might tell us what to expect come July.
Stocks ended a strong quarter with a thud Wednesday after a disappointing report on jobs from ADP.
What follows is a roundup of corporate earnings reports for Wednesday, March 31.
Stocks turned mixed Wednesday, the last trading day of the quarter. Energy, financials and materials were the sector leaders.
Stocks opened lower Wednesday, the last trading day of the quarter, after a surprise drop in the ADP jobs report.
Futures dropped about 4 points as the ADP Employment report showed a decline of 23,000 jobs, well below expectations of a gain of 40,000 jobs. Treasury yields declined, and the dollar weakened. Bulls are already noting that the ADP report "does not incorporate a weather related rebound that could be present in this month's BLS data," so there is no reason to abandon the projections for healthy gains when the March jobs report comes out Friday.
It's all about jobs and rising interest rates in the week ahead—and the two are not unrelated. The March employment report next week is expected to show the first real signs of job growth since the recovery began.
Stocks are nearly 70 percent higher than when they hit their trough this time last year, and the street is as divided as ever about whether the rally will endure.
Over the past 6 months shares of CVS are down about 5%, while rival Rite Aid is down 22%. Should you swallow hard and buy?
Many on Wall Street believe what happens in January dictates trading for the rest of the year—the so-called January effect. So what should investors expect this month? Peter Boockvar, equity strategist at Miller Tabak, and Stephen Wood, chief market strategist at Russell Investments, shared their views.
Stocks rallied on the first trading day of the New Year, so will the trend continue throughout the year? Jason Trennert, chief investment strategist and managing partner at Strategas Research Partners and Kelly Campbell, founder and principal of Campbell Wealth Management shared their market outlooks.
What follows is a roundup of corporate earnings reports for Thursday, Dec. 17