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U.S. stock index futures pointed to a higher open Thursday after a testimony by Federal Reserve Chairman Ben Bernanke spooked investors and pushed the major indexes lower in the previous session.
An economy that has yet to show signs of a sustained recovery is providing little reward for investors looking to take risks, Travelers President and CEO Jay Fishman said.
Insurer Travelers reported second-quarter earnings that missed Wall Street expectations, with adverse weather affecting profit.
Stocks skidded Thursday, led by financials after JPMorgan's earnings failed to impress analysts and a pair of weak manufacturing reports.
Stocks trimmed some of its earlier losses but remained lower Thursday, led by financials, following a pair of tepid manufacturing reports that overshadowed strong earnings results from JPMorgan.
It’s dividends, dividends, dividends, Hersh Cohen, of Legg Mason Clearbridge Appreciation Fund, told CNBC Thursday.
Stocks see-sawed lower for a third session on Wednesday. Is this the beginning of a pullback? Kim Caughey, VP and senior equity analyst at Fort Pitt Capital Group, and James Dailey, CIO and senior portfolio manager at Team Asset Strategy Fund, discussed their insights.
XL Capital has been facing a negative trend recently, and yesterday the bears turned it up a notch.
The German government announced plans to ban naked short-selling at the country's 10 most important financial institutions on Tuesday. David Kelly, chief market strategist at JPMorgan Funds, shared his insights on the new proposal.
Warren Buffett's Berkshire Hathaway sold a lot of stock during the first three months of the year, including a reduction of over 31 million shares for its stake in Kraft Foods spacer. That sale follows his outspoken criticism of Kraft and its management for acquiring Cadbury's. Berkshire has also been raising money to pay for its now-completed $26 billion acquisition of the freight railroad Berkshire Hathaway Santa Fe.
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.
Markets opened lower for a third straight session on Thursday amid worries about the European debt crisis. Where should investors look to put their money? Mike Holland, chairman of Holland & Company and Sarat Sethi, partner and portfolio manager at Douglas C. Lane & Associates shared their insights.
Stocks ended lower Wednesday, led by energy and industrials, after Moody's put Portugal's debt rating on review.
Stocks remained lower in mid-afternoon Wednesday, led by energy and industrials, after the Dow briefly popped into positive territory. Markets remained skittish after Moody's put Portugal's debt rating on review.
Today marks another month end as the U.S. Major Indexes are on track to their third successive month of gains with the Dow and the S&P up five April months in a row.
The spectacle of Goldman Sachs executives being grilled before a Senate committee—and the potential bite of regulatory reform—could keep pressure on financial stocks.
The Dow erased nearly all of its gains Monday, dragged down by the financial sector amid worries about financial reform. Caterpillar led the Dow's gainers, up more than 4 percent.
Better corporate profits and economic news could keep the market humming, as long as the slow fuse on the Greek debt situation doesn't end with a bang.
The Dow pulled off an eighth straight week of gains. It was a straight flush this week, with the Dow ending higher in five of five sessions this week, for a total gain of 1.7 percent.
Stocks erased their gains Friday as Microsoft, Travelers and Verizon weighed on the Dow after disappointing investors with their latest results.