U.S. stock index futures pointed to a higher opening Thursday amid ECB President Mario Draghi's press conference.» Read More
Stocks erased their gains Friday as Microsoft, Travelers and Verizon weighed on the Dow after disappointing investors with their latest results.
What follows is a roundup of corporate earnings reports for Friday 23, 2010.
U.S. stock index futures turned slightly lower before the open Friday as the Greek Prime Minister requested aid from the International Monetary Fund and European Union.
Twin disappointments from Amazon.com and Microsoft could put a dent in tech Friday. Markets will monitor Greece, which continues to deteriorate.
Uncertainty surrounding Goldman Sachs will likely overshadow the positive news from dozens of major corporate earnings reports in the week ahead. Some analysts say the Goldman spacer fraud charges could be the event that will trigger a much anticipated stock market correction.
Stocks bounced off a lower open on Thursday after a pair of solid manufacturing reports and a rally in banks. Where should investors look to put their money? Frederic Dickson, chief market strategist at D.A. Davidson, and Carlo Panaccione, founder of Navigation Group, shared their insights.
Crude oil will hit $100 a barrel while gold will reach $1,500 an ounce by the end of this year, said Byron Wien, vice chairman of Blackstone Advisory Services.
Treasury Secretary Timothy Geithner said focusing on cutting the budget deficit now would jeopardize economic growth at a time when jobs are starting to be created, but even if that occurs, the unemployment rate will stay high for "a long period of time." Bruce Kasman, chief U.S. economist at JPMorgan, discussed his views.
Where are the crowds right now and should investors stay away or join them? Nicholas Colas, chief market strategist at ConvergEx discussed his views.
At least one barometer of future movements for the overall market started to breakdown this week.
While the stock market continues to reach new highs for the year, dividend yields for the thirty stocks that make up the Dow Jones Industrial index have remained relatively unchanged in the past seven months.
Stocks struggled Friday as investors digested mixed readings on the consumer: Retail sales rose unexpectedly last month, while consumer sentiment softened.
Stocks rose for a third straight day Thursday as an encouraging manufacturing report helped fuel investor optimism about the recovery.
Stocks ended a volatile week with wild swings Friday as China's surprise tightening of its lending standards rattled global markets. Techs rallied, delivering the Nasdaq its best week since early January. All three major indexes snapped a four-week losing streak.Investors, keen to play the dips, retreated to one of their safe plays — technology. The Dow snapped a four-week winning streak, while the Nasdaq had its best week since early January.
The Dow dropped more than 100 points, or 1 percent, as financials and commodities sold off amid jitters about the global recovery. Home Depot and HP were the only Dow components that ended higher.
The Dow tried to push above 10,000 a couple times, but struggled to sustain gains above that level as investors worried the recent selloff may be the beginning of a correction. Banks and techs came on strong, while drug and retail stocks were weak.
The latest overall job loss numbers showed a loss of 20,000 jobs in January and an unemployment rate falling to 9.7%. The November and December numbers were revised as well. Here is a breakdown of where the job losses were as well as which sectors were adding jobs.
Stocks erased their gains just in time for the closing bell Tuesday as news that the Senate has scheduled a hearing on President Obama's bank proposal for next week rattled the market.
Stocks have been drifting lower since 2pm ET, but have taken a second leg down since 3:30pm. Here's why...
Stocks bounced back Tuesday after a report showed consumer confidence rose for a third straight month. Travelers led the Dow after beating earnings expectations.