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Stocks gained as investors began to take heart from a series of positive economic reports. Disney and AmEx gained, while Coca-Cola fell.
S&P futures popped 4 points as the December ADP Employment Change, which measures private sector job growth, was three times anticipated (297,000 vs. 100,000 consensus). If Friday's nonfarm payroll looks anything close to this, the improving trend in job growth will be undeniable.
U.S. stock index futures trimmed sharp losses after news of a surge in private sector jobs.
Stocks closed modestly higher amid quiet trading Wednesday, but still gathered enough momentum to hit news levels as the S&P 500 beat a September 2008 high not seen since Lehman Brothers filed for bankruptcy. JPMorgan and Bank of America rose, while Intel fell.
Stocks rose modestly amid quiet trading Wednesday, but still gathered enough momentum to hit news highs as the S&P 500 was on pace to beat a September 2008 high not seen since Lehman Brothers filed for bankruptcy. JPMorgan and Bank of America rose, while Intel fell.
Stocks rose slightly Wednesday after news third-quarter GDP grew slightly more than reported previously, but less than expected. BofA rose, while Intel fell.
Time for a rest? S&P futures were largely unchanged Wednesday morning and the Dow opened slightly higher after GDP revisions. How much more can you expect? This December the S&P is up 6 percent, well above the 81-year average.
Stock index futures pointed to a mixed open for Wall Street Wednesday, with home sales data and a final figure for third-quarter economic growth among the main macroeconomic highlights.
Existing home sales and revisions to third-quarter GDP are among the highlights for Wednesday's stock market, which could continue its quiet drift higher.
Many see the S&P 500 scoring double-digit gains next year, finishing at 1400 or higher, because of a better economy, better earnings, better tone from Washington, and a better case for equities versus bonds.
Whether it's restaurants, software, retail or autos, these are the quarters to watch.
Here's why you should keep a close eye on these six stocks.
Stocks ended positive, with the Nasdaq reaching a three-year high, despite a disappointing employment report as investors found comfort in other economic news and in expectations the jobs figures would push the Federal Reserve to continue efforts to stimulate the economy.
Stocks turned positive despite disappointing employment news as investors found comfort in other economic news and in expectations the jobs figures would mean the Federal Reserve will continue with efforts to stimulate the economy. DuPont and Bank of America rose, while AT&T fell.
Stocks traded mixed after news the jobs picture hasn't improved despite a string of more hopeful economic data, and despite a report the services sector continued to grow in November. AT&T and JPMorgan fell, while DuPont and Alcoa rose.
What follows is a look at stocks in the S&P 500 displaying unusual volume in today's trading session.
Trading was focused yesterday on the November 60 calls, where more than 3,600 were bought for $0.55 to $0.65 at more than double the open interest.
Although retailers are expected to report monthly sales gains that are below last year's levels, there are still expected to be some bright spots in the report that bode well for the upcoming Christmas holiday shopping season.
A confluence of economic and market conditions make them an excellent option for diversifying a portfolio: low interest rates, a strong potential for inflation, lots of available capital and real estate bargains.
As stocks ended off session highs Wednesday, the traders discussed some stocks that caught their attention.