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.
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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.
It’s the first big week of earnings, but don’t overlook how important of a week it is for housing too. Since the housing tax credit expired at the end of April, not only have housing stocks been hit hard, but the broader markets have also noticeably suffered too.
The stock market is fixating on crumbling confidence in the U.S. economic recovery and may continue to ignore the good news that's likely to show up in corporate earnings reports in the coming week.
Two barometers of the US economy are moving in different directions, sending mixed messages about the depth, breadth and speed of the recovery.
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Every investor loves to find "one-decision stocks." For those unfamiliar with the term, these are stocks that you buy and don't think about selling for years. These opportunities do not come often, especially in today's uncertain markets. Think of this as one you could own for a long, long time, and here's why:
Stocks ended a rocky session flat Wednesday as a drop in housing starts and disappointing outlook from FedEx offset a strong industrial-production report. BP shares rose after the company agreed to halt its dividend.
Stocks recovered as techs rose and after a report that BP had agreed to place about $20 billion in escrow to pay claims resulting from the oil spill.
Here's what analysts say they're watching before the bell Wednesday.
The Dow tumbled over 100 points, or 1.1 percent, led by financials, as the dollar gained against the euro. Walmart was the lone gainer on the Dow. Oil ended below $70 for the first time this year.
Stocks continued to slide in choppy trading Tuesday as the dollar gained against the euro. Financials were the biggest drag after Germany issued a proposal to ban naked short-selling.
Stocks were mixed Tuesday as Walmart buoyed the Dow but most other retailers and tech stocks were weak.
U.S. stock index futures pointed to a slight rise at the start of trading Tuesday, but investors remained wary of the fiscal problems in Europe.
The financial regulation debate will begin today in the US Senate, with lawmakers still divided on issues including derivatives regulation and consumer protection. Some experts say the bill’s reach may go beyond the big banks — and could hit companies that investors may not expect.