Stocks rebounded Thursday as crude prices climbed after inventories were pared more than expected. Stocks had gotten off to a wobbly start as investors juggled a bleak report on new-home sales with any optimism from the unexpected drop in jobless claims and GM's deal with bondholders.
Stocks retreated Thursday, after a higher open, as bleak report on new-home sales overshadowed any optimism from the unexpected drop in jobless claims and GM's deal with bondholders.
Stocks opened higher Thursday after an unexpected drop in initial jobless claims.
Futures budged upwards after a mixed bag of economic reports at 8:30am ET... Weekly jobless claims came in essentially inline with estimates. Continuing claims continued to hit record highs... April durable goods rose 1.9 percent, far exceeding economist forecasts for a 0.5 percent rise.
Futures held onto gains Thursday after an unexpected drop in initial jobless claims. However, the gains were muted as Dow component P&G slashed its outlook.
Time Warner is set to announce a separation of its AOL Internet division as soon as Thursday, the Wall Street Journal reported.
The "D: All Things Digital Conference" here at the Four Seasons Aviara in Carlsbad is a feast for the technological senses.
Warner Bros. Entertainment Inc. has made a $33 million bid for the majority of U.S. assets held by "Mortal Kombat" video game franchise owner Midway Games Inc., which filed for bankruptcy earlier this year.
The endorsement of this company might surprise you.
Stocks advanced but ended off their highs Wednesday after the Federal Reserve said the recession appears to be easing.
Around lunchtime on Wednesday the S&P 500 was trading around 870 – a level that some traders believe could be a point of resistance for stocks. Can it break higher?
Futures dropped as the first quarter GDP estimate, at down 6.1 percent, was well below expectations of down 4.7 percent. However, the downside impact has been limited because personal consumption was higher than expected.
Futures pared gains Wednesday after the first look at first-quarter GDP showed the economy contracted at a sharper pace than expected.
Any number of headlines Wednesday could knock stocks out of their side ways trading pattern, but the Treasury market is the one to watch as the Fed winds down its two-day meeting.
Stocks ended higher Friday after better-than-expected results from Ford but ended lower for the week, snapping a six-week winning streak. recovered Friday after a drop triggered by the release of the bank stress-test results.
Four men linked to popular file-sharing site The Pirate Bay were convicted Friday of breaking Sweden's copyright law by helping millions of users freely download music, movies and computer games on the Internet.
What's the trade ahead of Intel earnings on Tuesday. Also Pete Najarian has spotted unusual options action in Marriott!
This weekend's boffo box office sends Hollywood a message about what strategy to take and gives moviegoers a hint about what kind of films they can expect at their local multiplex.
Optimism that the fortunes of financial companies like Citigroup were improving sparked a four-week rally beginning March 10 that drove the Standard & Poor's 500 index up 25 percent.
In Hollywood, it's common knowledge that positioning a movie correctly can make the difference between a blockbuster and a mega blockbuster.