On Friday, July 24th, the S&P 500’s 100-day moving average overtook its 200-day moving average, an event known to Wall Street technicians as a Golden Cross (a shorter-term average crossing a longer-term one, from below to above). A month ago, we saw another Golden Cross, when the 50-day average moved above the 200-day average.
In the final minutes of trading the bulls foiled the bears and sent both the S&P 500 and Dow higher as investors rotated into financials...
The Dow poked into positive territory Monday afternoon, led by Bank of America, as a jump in new-home sales buoyed bank stocks. Still, the blue-chip index struggled to stay above water as worries about a record $200 billion in Treasury auctions this week and lowered outlooks from Honeywell and Aetna cast a shadow over the market.
Following are the week’s biggest winners and losers. Find out why shares of Caterpillar and Merck popped while McDonald's and Ericsson dropped.
The Chinese get going, again: as the Shanghai Index has hit new 52-week highs, Chinese investors have rushed back into the market, opening the most new stock accounts (484,799 last week) in the past 18 months.
Another wave of much better-than-expected corporate results Tuesday shows that Wall Street's analysts have badly miscalculated earnings this quarter.
Just when it seemed skies had cleared, results from a regional banking giant suggest another storm could be forming.
A late rally pushed stocks higher Tuesday following better-than-expected earnings from several Dow components. The Dow logged its seventh-straight gain, the Nasdaq, it's tenth.
Stocks have weakened midday, but after the S&P 500 has rallied 8 percent in the last 7 trading sessions, no one seems surprised. Bids are light; bonds have rallied.
Chairwoman Bair ignored the lender’s call for help, and Cramer wants to know why.
The quarterly reports for the big banks were terrible across the board, but stocks are up because the psychology and the method of valuing bank stocks have changed, said Richard Bove, financial strategist at Rochdale Securities.
Cramer makes the call on viewers' favorite stocks.
Here’s an idea: Beg Washington for a bailout and then take your family for a vacation on the company dime.
Stocks finished a volatile session mixed as traders jockeyed for postions on this quadruple-witching Friday and techs rallied.
The Dow tipped into negative territory as traders jockeyed for postions on this quadruple-witching Friday. But techs rallied.
Stocks opened higher Friday as today marks the once-a-quarter event known as "quadruple witching" and techs rallied.
With no significant economic data and few earnings reports released today, futures are modestly higher on this quadruple witching Friday. While volume and volatility have continued to be seasonally light, traders expect a little pop at the open on the expiration day of stock and index futures and options.
Financials weighed down the Dow and S&P on Wednesday as investors sifted through sweeping new regulations designed to eliminate excessive risk-taking on Wall Street.
Credit ratings agency Standard & Poor's on Wednesday cut ratings on 18 banks amid concern about further weakening in the financial sector.
Investors were struggling on Wednesday to anticipate the ripples that are likely to be generated from President Obama’s new regulations to clamp down on Wall Street.