Stocks closed mixed Thursday after shaving deeper losses from earlier in the day in the last half hour of trading as investors considered a mixed batch of earnings and the Fed's next steps to stimulate the economy. 3M and Caterpillar fell, while Pfizer and Walt Disney rose.
Stocks trimmed earlier losses in the last half hour of trading Thursday as investors considered a mixed batch of earnings and the Fed's next steps to stimulate the economy. 3M and Caterpillar fell, while AmEx and Pfizer rose.
Confusion over the ownership of foreclosed properties isn’t “about fraud, but process inadequacy,” Joseph Murin, a former president of Ginnie Mae, told CNBC Thursday.
Stocks extended losses amid continued worries over the Fed Reserve's plans to stimulate the economy and a somewhat mixed batch of corporate earnings on Thursday. 3M and Caterpillar fell, while AmEx rose.
U.S. stock index futures edged higher ahead of the open Thursday after a report that jobless claims fell to a three-month low, and in the wake of a mixed close in the previous session on worries over the Federal Reserve's next move on quantitative easing from its policy meeting next week.
Stocks shaved off some of their earlier losses as techs staged a late-afternoon rally, but still closed mixed as investors considered news that the Federal Reserve may not provide as much stimulus to the economy as had been anticipated.
Cramer ponders the difficulty in being positive on stocks rather than negative.
Stocks sold off in the final hour of trading but ended higher at the highest levels since late April, as the dollar slid. Worries about the foreclosure crisis continued to temper overall market gains. DuPont and Kraft rose, while BofA and JPMorgan fell.
Stocks pared gains but remained higher Monday as the weak dollar boosted materials, but big banks slumped following the continued fallout of the foreclosure crisis, tempering overall market gains. DuPont and Alcoa rose, while Bank of America and JPMorgan fell.
Stocks continued to trade mixed, with the tech-heavy Nasdaq performing best, despite a batch of largely stronger earnings reports. American Express fell, while HP rose.
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There's been lots of focus this year on the decisions you face when considering a Roth conversion. One area that gets short shrift is the future impact on Social Security benefits taxation. ...A report from TheStreet.
Stocks closed sharply higher Wednesday, nearly wiping out losses from the previous session, after the Federal Reserve reported it has seen "modest signs of growth" in the economy and as investors focused on strong earnings reports and a slide in the dollar. Boeing and DuPont rose, BofA fell.
The country’s largest home lender, Wells Fargo & Co., has realized $21 billion of profit since it merged with Wachovia two years ago, its CFO Howard Atkins, told CNBC Wednesday.
What follows is a roundup of corporate earnings reports for Wednesday, Oct. 20.
Cramer offers his take on the industrials, banks, tech and more.
Stocks lost a little ground in the final minutes of trading, but were still significantly higher, after the Federal Reserve reported it has seen "modest signs of growth" in the economy and as investors focused on strong earnings reports and a slide in the dollar. Boeing and Intel rose.
Stocks added to gains after several companies posted positive earnings results and as investors shrugged off concerns about the effect of the foreclosure crisis on banks and a rise in Chinese interest rates. Boeing and DuPont rose, while Bank of America fell.
"The last ten years have conditioned people to think short term as opposed to long term," Bill Miller said. "Now, stocks are cheap and people should buy good, quality companies at reasonable prices, put them away and ignore the fluctuations of the markets."
Stock index futures pointed to a slightly higher open for Wall Street ahead of yet another batch of earnings, but concerns over the global economic recovery persisted after China unexpectedly raised interest rates to curb economic growth.