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Tuesday's frothy rally could quickly fizzle, but traders are holding out hope that it won't. Some traders say the rally looks better than the most recent rallies, but they are wary that it will be short lived, taking the S&P at most another 10% or so higher.
The Dow and S&P 500 fell on Thursday as Wal-Mart's soft December sales and lowered earnings outlook increased worry the recession may be deepening.
The Lightning Round is extended in this CNBC.com exclusive feature.
Following are the day’s biggest winners and losers. Find out why shares of Microsoft and Staples popped while Mosaic and Beazer dropped.
Stocks rallied Tuesday as investors scooped up bargains and were encouraged by news that General Electric will keep its dividend intact.
Stocks rose sharply Tuesday as investors scooped up beaten-down stocks after the prior session's selloff that saw the Dow give back 700 points.
Stocks opened higher Tuesday, clawing back some of what they lost Monday, when the Dow shed nearly 700 points.
One thing's for sure: November vehicle sales due today will be ugly. Estimates are for seasonally adjusted annual sales of about 10.5 million, compared to 16 million in November of last year.
U.S. stock index futures indicated a higher open for Wall Street on Tuesday after Monday's plunge and despite more bad news from the banking sector.
Staples is seeing strong put activity Tuesday, ahead of its quarterly earnings report next week. More than 13,800 puts have changed hands this morning, more than double the daily average in the last 30 days. ... We've followed unusual action in the world's largest office products company before — and harvested some fat profits.
Traders like to remind me that the definition of insanity is doing the same thing over and over again and expecting a different result. So it is that plans by Saudi Prince Alwaleed bin Talal to raise his investment in Citigroup are being greeted with open skepticism on the Street.
There is no joy on Wall Street, and frankly, the mood is getting worse. On Wednesday, stocks hit a 5-1/2 year low on waves of selling stemming from a meltdown in financials. The group was down nearly 12%, with some big names like Citigroup at shocking lows.
When it comes to sustainability, Dell is thinking big -- and small. And it's the big things that are paying off the most.
Investors in alternative energy, technology and infrastructure could be among the biggest beneficiaries.
Futures are down, but don't read this as a refutation of President-elect Obama. The S&P 500 has moved 11 percent in the past week, and many traders went home short on simple profit-taking.
This company's competitors may look attractive at first glance, but Cramer's dug a little deeper.
Cramer makes the call on viewers' favorite stocks.
*(well... that is, if your universe is the S&P 500!) No matter... shares of this office supplier are not only No. 1 today (up 20 percent) but No. 1 this week... with an astounding 118 percent gain in 5 days...
U.S. stocks had another wild swing in the final 15 minutes of trading that pumped up the Dow from a gain of about 50 points to nearly 200 points as traders largely shrugged off this morning's GDP report that showed the economy is shrinking.
Solar stocks plunged along with the broader market Friday on continuing investor fears of a global recession.