U.S. stocks closed mildly lower on Wednesday as investors remained anxious ahead of an impending Greek parliament vote.» Read More
Lots of analysts and fund managers tell investors that the credit crunch is not over, with more write-downs expected -- and that financial stocks are to be avoided at all costs. But Punk Ziegel's Richard Bove is not among them.
The Dow pulled back Monday after a weaker-than-expected profit report from Bank of America stirred concerns about the health of corporate earnings. What's the "Word on The Street?"
In Tuesday’s Web Extra the trader reveal how to play US Bancorp as well as Home Depot.
All three major indexes finished slightly higher Tuesday, led by energy and bank stocks, as investors processed some not-horrible earnings results. Airline stocks skidded amid concerns about fuel prices and viability.
CNBC asked the experts where they would invest in this market environment, and here's a sampling of their recommendations.
Stocks traded mixed Tuesday as not-horrible earnings failed to quell market jitters about earnings.
Several U.S. regional banks reported better-than-expected quarterly results Tuesday, and expressed confidence they could withstand soaring credit losses as the nation's housing market and economy slump.
Stocks opened higher Tuesday after a tame core inflation reading, a better-than-expected manufacturing report and news of a Delta-Northwest deal.
Futures actually moved up at 8:30 ET, despite PPI much stronger than anticipated (core PPI was in-line, apparently because car and truck prices were dropping; the NY Empire State Index was stronger than expected).
The drop on Wall Street was modest considering Wachovia's massive loss. Also, Crocs earnings, airline M&A and much more.
A steady stream of downbeat news seemed to leave the market unmoved for most of the week -- until the bluest of the blue chips, General Electric, posted first-quarter earnings that missed Wall Street expectations by seven cents per share, and lowered its full-year guidance.
A double helping of economic data and first-quarter earnings reports will flood the zone next week, but it's the corporate earnings that will drive stocks and give a better picture of where the economy is going. If GE's bombshell earnings miss is an indicator, the news will be as nasty as traders expect.
First Alcoa, then GE missed earnings. This is a rare occurrence, and as a result the Street is changing its mindset. They are expecting more conservative guidance, and looking for places where negative surprises might pop up.
Citigroup is expected to report another big quarterly loss on April 18, but the actual numbers may be almost secondary.
Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!
Is Dan Genter playing with fire? The president, chief executive and chief investment officer of RNC Genter Capital Management finds promising stocks -- in the financial and consumer discretionary sectors.
Where should you put your money in this market? Some of the pros interviewed on CNBC Tuesday like mega caps, regional banks and--yes--garbage.
"We anticipate that there are going to be a number of bank failures," Cassidy said.
Money-center banks appear to be outperforming the brokers. Is there a trade here?
The problem? He was the joke. Plus, Wells Fargo, Starbucks and more.