Stocks were mixed as the closing bell neared, with the tech-heavy Nasdaq slumping, as the prospect of the Federal Reserve resuming Treasury purchases to boost the economy countered a disappointing report on private sector hiring. GE and Alcoa rose, while AT&T fell.
Plus, get calls on retail, insurance, tech and more.
Stocks were mixed as the prospect of the Federal Reserve resuming Treasury purchases to boost the economy countered a disappointing report on private sector hiring, sending the Dow higher. GE and Alcoa rose, while AT&T and Travelers fell.
Stocks sank after the government reported a decline in factory orders and a slight rise in pending home sales, and ahead of week filled with news on jobs and earnings. Microsoft and Intel fell, JPMorgan rose.
See what's happening, who's talking and what will be making headlines on Monday's Squawk on the Street.
Telecom is the biggest winner this quarter, up close to 20 percent; banks are the worst, up just 5 percent. Is the trade about to change? Jason Goldberg, managing director and banking analyst at Barclays Capital, and David Burks, telecommunications analyst at Hilliard Lyons, shared their insights.
M&A activity is back in the spotlight this week. Already a handful of high-profile acquisition announcements are getting positive feedback from investors, as they bid up shares of both the acquirers and buyout targets. That behavior is pretty telling about market sentiment right now. ...A report from TheStreet.
Stocks lost ground in the last half hour of trading and closed near the lows of the session Monday amid light volume and a flurry of merger and acquisition activity. AT&T and American Express rose, Bank of America fell.
Stocks added to modest losses ahead of the close Monday amid light volume and a flurry of merger and acquisition activity. AT&T and American Express rose, Bank of America fell.
Comments from Verizon Communications CEO Ivan Seidenberg leave little room for the possibility of a Verizon version of the iPhone in the near future.
Be cautious here as these stocks enjoy their moments in the sun. The reasons are based not in fundamentals, but in the more overall picture of the economy, and its a bleak play.
Uncertainty again gripped Wall Street on Wednesday as investors grappled with a Fed comment suggesting inflation was too low.
Goldman Sachs annual media and technology conference — Communacopia — kicked off today with optimism and bullish comments from AT&T's CEO Randall Stephenson and Disney CEO Bob Iger. The event is a who's who of media, tech and telecom CEOs; the economy is top of mind, as is digital distribution and the growing smart phone and tablet market.
Stocks extended a September rally by breaking through a long-held trading range to hit four-month highs a day before the Federal Open Market Committee meets. AmEx rose while Cisco fell.
Stocks continued to add to gains Monday in a broad-based rally that pushed stocks to new levels, although trading volume remained thin. AmEx rose while Cisco fell.
Investors who suffered through the worst August performance for stocks in nine years have turned to dividend-paying shares. Several under-$5 stocks still offer outsized dividend yields to those willing to take on additional risk. ...A report from TheStreet.
Stocks gained Monday as the S&P 500 broke through the top-end of a trading range ahead of a town hall session with President Barack Obama centered on the U.S. economy. American Express rose and Cisco fell.
Wal-Mart is introducing the first cell phone plan that uses the chain's own branding, further demonstrating its clout in getting special deals from wireless carriers.
Stocks rose modestly in light late-afternoon trading Thursday after a pair of upbeat economic reports. Adobe jumped, McDonald's slipped.
Those who live off their savings and investments are hit hard by falling interest rates, as corporations borrow cheaply and sit on the cash. The NYT reports.