Stocks extended modest gains as tech stocks rose and lifted the Nasdaq for the first time in several sessions. Alcoa and IBM rose, while BofA fell.
U.S. stock futures traded flat to slightly higher at the start of a week featuring dozens of major earnings reports, as well as a Federal Reserve statement and a slew of macroeconomic data.
The following are the top five stocks with the most active insider buying, according to Vickers Weekly Insider Report.
Stocks sank in the last half hour of trading Thursday top close near the sesssion's lows amid light volume after a batch of economic reports failed to provide traders with enough optimism to continue a September rally. Walt Disney and GE fell, while Hewlett-Packard rose.
Stocks sank in the last half hour of trading Thursday after a batch of economic reports failed to provide traders with enough optimism to continue a September rally. Walt Disney and GE fell, while Hewlett-Packard rose.
Stocks turned positive Thursday as technology and consumer stocks gained, and banks fell, and investors absorbed another batch of mixed economic data. Alcoa and Hewlett-Packard rose, while Walt Disney fell.
Stock index futures pointed to a lower open Thursday after an expected jump in weekly jobless claims.
Following are moves you might have missed. Find out why shares of CompuCredit and Terex popped while Texas Industries dropped.
Call them the Carl Icahns of the west. Stanley Gold and Roy Disney have never been shrinking violets in pushing for management changes at companies where they've invested some of the $2 billion in funds in their Shamrock Holdings. Most famously, the two led the charge to oust Michael Eisner at Disney, a company formed by Roy's father, and his uncle, Walt.
As mentioned earlier this week, a number of companies this week have signaled some stabilization in conditions, with some even hinting of a bottom.
While indicating a modestly lower open earlier this morning, the markets turned around late in the morning on a strong rebound in financials and the digestion of a series of less pessimistic comments by corporate executives.
Following are the day’s biggest winners and losers. Find out why shares of Raytheon and Red Hart popped while Wells Fargo and Yahoo! dropped.
One of the first orders of business for the new president will be a long, hard look at the budget. The budget deficit will be about $500 billion when Obama is sworn into office, but with the $700 billion TARP plan it should go to $1 trillion quickly.