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Stocks tumbled in the first trading day of March after Fed Chairman Ben Bernanke's speech before the Senate Banking Committee and as investors worried that rising oil prices could stifle the recovery. Caterpillar fell, while Coca Cola rose.
When TiVo reports after the bell today analysts expect it to post its ninth consecutive quarterly deficit as its subscriber numbers continue to shrink. Wall Street's expecting a quarterly loss of 28 cents per share on revenues of $41 million — yes $41 million.
If oil markets remain calm, Fed chairman Ben Bernanke's comments on the economy, auto sales and ISM manufacturing data could have more sway over markets on Tuesday.
Stocks ended sharply lower Tuesday amid concerns the Irish debt crisis would spread to other euro zone countries and the effects of the crisis in Korea prompted investors to dump risky assets. Microsoft and JPMorgan fell, while HP rose.
Stocks continued to sink as the dollar rose Tuesday as investors grew skittish about the prospects of the Irish debt crisis spreading to other periphery euro zone countries as well as escalating tensions in Korea. Chevron and Exon fell, while HP rose.
U.S. stock index futures remained lower after news of a better-than-expected revision for third quarter Gross Domestic Product as investors added an escalating conflict in Korea to the growing list of concerns dragging market sentiment lower.
Tuesday's economic headlines should show that the third quarter grew at a slightly better rate than reported, but the Fed's view of next year is likely to be worse than its previous forecast.
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The Dow lost its grip on 10,000, ending near session lows Thursday as trading was light and investors braced for two events Friday: the latest reading on second-quarter GDP and a speech by Fed Chairman Ben Bernanke.
Stocks retreated Thursday after an early pop following a report that showed jobless claims fell last week.
U.S. stock index futures pointed to a slightly higher open Thursday on the back of a positive close for the major indexes in the previous session, as investors braced for the government's weekly read on jobless claims.
Shares of Netflix continue to slide Tuesday after falling over five percent Monday following a critical Barron's article.
The U.S. Patent and Trademark Office issued a ruling against TiVo, over its rights to patent technology in the middle of a legal battle with Dish Network and EchoStar.
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Stocks closed about a half-percent lower after a bargain-hunting rally collapsed late Wednesday, with traders booking gains from earlier in the day and refusing to give the market a vote of confidence.
Stocks were off their sessions high, pulling back after European markets closed but still positive after enduring days of whipsaw trading.
Stock-index futures pointed to a somewhat positive open on Wednesday, with global stocks rallying on Tuesday late-session rally on Wall Street.
The Dow ended sharply lower Friday as growing worries about Europe overshadowed encouraging economic data. Still, the blue-chip index ended up 2.3 percent for the week.
Stocks fell heavily Friday as worries over the growing European debt crisis trumped some encouraging U.S. economic data. Financials, materials and techs were the biggest decliners.