Stocks closed lower Thursday, continuing a losing streak amid light volume and continued worries over the state of the economy. Cisco skidded, Verizon rose.
Stocks continued a losing streak Thursday heading into the close, amid light volume and continued worries over the state of the economy triggered by the latest batch of economic data and comments from Cisco that customers are hestitant about a recovery. Cisco skidded, Verizon rose.
Stocks tumbled Wednesday on light volume as investors lost confidence in the global economic recovery following the Federal Reserve's grimmer outlook and softening growth in China.
Stocks tumbled more than 250 points Wednesday amid light volume as investors continued to lose confidence in the strength of the global economy in the wake of the Federal Reserve's dimmer outlook and a decline in China's domestic economy.
Stocks ended lower after the Federal Reserve said it would reinvest proceeds from maturing mortgage securities into the Treasury market.
Stocks pared losses after the Federal Reserve said it would reinvest proceeds from maturing mortgage-backed securities into the Treasury market.
Stocks slipped Friday, but ended off their earlier lows, amid disappointment in the July jobs report. Still, stocks managed to finish solidly higher for the week.
Stocks were sharply lower Friday after a second straight drop in payrolls increased expectations of a slow economic recovery. Financials led the decline. Kraft rose.
Stocks mostly fell on Friday as investors sorted through the latest batch of earnings. Can the July market gains continue? Steven Stahler, president of Stahler Investment Group, and Roy Williams, CEO of Prestige Wealth Management, discussed their insights.
Stocks logged their best day in two weeks Thursday as a strong batch of earnings reports revived optimism about the economic recovery. Regional banks rallied.
What follows is a roundup of corporate earnings reports for Thursday, Jan. 22.
Stocks advanced Thursday after another strong batch of earnings reports revived optimism about the economic recovery. Regional banks rallied.
Stocks shot out of the gate Thursday after the latest batch of earnings gave investors some cause for optimism. A better-than-expected housing report also gave the market a boost.
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.