China contributes 15% to global GDP, and is a major importer from emerging markets. No wonder its meltdown is having ripple effects.» Read More
More companies announced layoffs on Wednesday as the employment picture continued to dim.
Stocks took off like a rocket Tuesday, with the Dow gaining a whopping 5.8 percent, as banks rallied after a combination of encouraging news from the sector. The Nasdaq jumped 7.1 percent.
Stocks pared some of their earlier gains but were still up sharply on renewed confidence about the financial sector.
Futures are stronger as bank stocks are trading up for a second day. Vikram Pandit, Tim Geithner and Sheila Bair are all out talking about the banking crisis.
At the risk of redundancy I'll ask it again: Is he? Is President Obama effin' CRAZY? President Obama blames the continuing global financial crisis for the unmitigated carnage on Monday, when the Dow fell below 7000 and closed down 300 points (or 4.2%) at a 12-year low of 6763.
Two months into the year, the average dividend yield of the Dow 30 has continued to rise since the start of 2009, despite some significant dividend cuts like those from CNBC parent, General Electric. See how the 30 companies in the Dow compare.
Finishing the day at 7,114.78 yesterday, the Dow closed at its lowest level since May 7, 1997. 7 of the 30 current Dow components were not in the index when the Dow last saw these levels.
As the Dow now contains five stocks under $10 (GM, C, BAC, AA, & GE), the Dow Industrials index has come under greater scrutiny on whether it is still a good gauge of the overall market.
Investing is a Darwinian death match these days. Here’s how you live through it.
Hey, China got it right. Why couldn't we?
With a stimulus package at hand, how should you trade? Find out from strategic investor Dennis Gartman!
As the markets listened in on Treasury Secretary Geithner's plan to restore financial stability, one thing became increasingly clear. This time around, the Treasury was committed to "increase transparency and accountability to protect taxpayers." If their website is an indication, so far "transparency" is far from here.
One month into the year, the average dividend yield of the Dow 30 has gone up a bit since 2009 began, but is still down from where it was at the end of November. See how the 30 companies in the Dow compare.
Stocks ended a topsy-turvy week mixed as techs and banks rallied but about half of the Dow finished the day in negative territory.
Stocks clawed their way back from a midday rout as banks surged and investors relaxed after the Treasury Secretary nomination hearing ended.
Stocks clawed their way back after paring earlier gains amid worries about the confirmation hearing of the Treasury Secretary nominee.
The S&P and the Dow are moving in lock-step with the large swings in bank stocks this morning. Elsewhere, the weakness in the construction industry is clearly showing up in fourth quarter earnings reports.
Stocks opened higher Wednesday as investors hope President Barack Obama's economic team will bring clarity to the markets.
While guidance from financials is generally downbeat again, there are a few outliers reporting good results outside of the banks.
U.S. stock index futures pointed to a higher open for Wall Street Wednesday as investors hope President Barack Obama's economic team will bring clarity to the markets.