U.S. stocks traded mixed Wednesday as Wall Street appraised results.» Read More
It's been a pretty good year for tech stocks--but even a good 2006 doesn't hide the fact that the sector has underperformed the market for the last three years. So--there should be plenty of growth ahead in 2007, right? Scott Kessler is the S&P's Senior Director of Technology Sector Equity Research. Peter Misek is Senior Tech Analyst at Canaccord Adams. On "Morning Call" the pair give their sector outlook and stock "picks."
The portfolio manager and short-selling expert offers CNBC’s Erin Burnett his “possible improbables” for 2007.
Stocks closed lower amid muted reaction to the Federal Reserve's decision to leave interest rates unchanged.
Texas Instruments, the biggest maker of semiconductors for mobile phones, cut its fourth-quarter earnings and revenue outlook Monday, citing weaker-than-expected demand for wireless chips.
U.S. stocks are showing hesitancy ahead of today's Fed announcement with futures pointing to a lower opening. Japanese stocks were higher overnight and European stocks trade lower after initial strength. The U.S. dollar was weaker ahead of the Fed overnight, as the yen slid to a record low against the Euro.
There will be plenty of news for investors to digest with several Dow heavyweights, including General Electric, Procter & Gamble, and Hewlett-Packard, all hosting analyst meetings this week.