One year ago on Sunday September 14, Lehman Brothers was scrambling before declaring bankruptcy later that night and Bank of America announced a deal to acquire Merrill Lynch. Here is a look at where major indices and stocks look one year later.
Stocks closed higher for a fourth straight day on Wednesday, sending the S&P 500 to its best finish so far this year.
The U.S. dollar hit new lows once again for the year. So how should investors prepare their portfolios and benefit from the weak dollar? Kelli Hill, portfolio manager at Ashfield Capital Partners and Nicholas Colas, chief market strategist, ConvergEx shared their insights.
There’s been too much hype around Caterpillar versus the expected reality of a muted recovery in construction activity, said Eli Lustgarten, analyst at Longbow Research.
Textron has rocketed 84 percent in less than two months, and traders apparently expect the aviation company to fly even higher.
Dividend yields in the Dow index are down about a quarter of a point since early June and 165 basis points since early March, as equity markets continue to trend higher, pushing yields lower. Here is a look at the dividend yields of all 30 Dow components:
Cash flow is a great valuation metric to look at when calculating how solid a company may be, said Lee Eugene Munson, CIO of Portfolio Asset Management, and Michael Farr, president of Farr, Miller & Washington. They shared their best 5 stock picks with investors.
Compared to an average short interest of 2.2% for all Dow components, bets against these three companies stand at around 8%.
Take your cash out from the sidelines because "there’s still a lot of stocks we can put money into today," said Robert Millen, co-portfolio manager at Jensen Portfolio.
Plus, get calls on the casinos, industrials and more.
The Dow opened down 53, but that is the low for the day, so far...it's been straight up from there and the index has now gone green, led by industrials like Boeing, our parent GE, Caterpillar, United Technologies, and a few consumer stocks like Kraft, Coke, and P&G.
We are seeing probably the worst quarter that we are going to see from Honeywell, said Howard Rubel, aerospace and defense analyst from Jeffries & Co.
A late rally pushed stocks higher Tuesday following better-than-expected earnings from several Dow components. The Dow logged its seventh-straight gain, the Nasdaq, it's tenth.
The Dow advanced Tuesday as a slew of components beat earnings expectations. But there were pockets of weakness throughout the market, including chips, hardware, banks and retail. The Nasdaq was lower.
Think of Wall Street as an obese person trying to find a healthy lifestyle. Then you'll begin to understand second-quarter earnings this year.
The trend continues: earnings beat, but revenues light. But that's good enough: stock futures are popping on the news. Why? Two reasons.
Stocks have weakened midday, but after the S&P 500 has rallied 8 percent in the last 7 trading sessions, no one seems surprised. Bids are light; bonds have rallied.
The Dow bolted out of the gate Tuesday as a slew of components beat earnings expectations. But there were pockets of weakness throughout the market, including chips, hardware, banks and retail. The Nasdaq was lower.
Futures indicated a slightly lower open for Wall Street Tuesday ahead of a slew of earnings and Federal Reserve Chairman Ben Bernanke's Capitol Hill testimony.
On a week where earnings dominated headlines with a strong performance by tech, the US markets rallied for the week, led by the Nasdaq Composite, up 7.44%. The NASDAQ pulled out 8-straight days of gains, for a gain of 8.04% in the past eight trading sessions.