Stocks finished up 1.5 percent or higher, sending the Dow back above 12,000, lifted by AT&T's $39 billion planned purchase of Deutsche Telecom's T-Mobile USA and investors who found buying opportunities in stocks they viewed as oversold. Boeing and Alcoa led Dow gainers, while Pfizer fell.
Stocks pared gains in the final hour of trading Monday, but remained significantly higher, buoyed by AT&T's $39 billion planned purchase of Deutsche Telecom's T-Mobile USA and buying opportunities in oversold stocks. Boeing and GE led gainers, while Pfizer fell.
The deal will open T-Mobile's 34 million customers to Apple's iPhone, the "Mad Money" host said.
Mad Money host Jim Cramer provides his view on the day's market activity and where things might be headed.
The Fast Money traders take a look at why the market has taken off, particularly given the volatile news around the globe, the AT&T/T-Mobile deal with analyst Craig Moffett; Sanford Bernstein, and a check on the unusual activity in coal.
Markets are "overreacting" to the geopolitical events around the world, including the political unrest in North Africa and the Middle East, and troubles in Japan, said Willem Buiter, chief economist at Citi.
Stocks gained despite continuing global tensions as M&A activity heated up and as Warren Buffet said Japanese stocks represented a good buying opportunity. Microsoft and Boeing led gainers.
Deutsche Telekom and AT&T are confident the deal under which AT&T will purchase rival T-Mobile USA from the German telecoms giant will be cleared by regulators, despite concerns that the agreement might create a duopoly in the US mobile market.
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Telemedicine has attracted major investments from some of the nation's largest companies over the past year. And it has been endorsed by doctors and care takers who believe patients fare better at home.
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Cramer makes the call on viewers' favorite stocks.
Stocks climbed back from the lows of the year as investors shrugged off continuing uncertainty in Japan to send stocks broadly higher. HP and Pfizer rose, while Kraft fell.
With consumer adoption of smartphones and tablets on the rise, demands on wireless data networks are escalating dramatically.
In the aftermath of Japan's devastating earthquake and tsunami, many U.S. companies listed on the Dow 30 have offered various forms of aid to Japan's ongoing relief efforts. Read on to see how each company has contributed.
Consider these five dividend-paying stocks, the "Mad Money" host said.
Stocks closed lower, although considerably off the lows of the day, as investors assessed how the massive quake in Japan was likely to affect stocks and the global economy. GE and Verizon fell, while Caterpillar rose.
Stocks pared losses in the final hour of trading Monday as investors remained shaken in the aftermath of Japan's massive earthquake and tsunami. GE and Verizon fell, while Caterpillar rose.
Japan’s economy will overcome the aftermath of the earthquake and will rebound longer-term, said Steven Bernsetein, CEO of Oppenheimer Investments Asia.