The euro has been rising against the dollar all Wednesday morning and is now at a 2-month high. December housing starts a bit weaker than expected at 529,000 (550,000 expected), but permits stronger.
U.S. stock futures were pointing to a lower open, after mixed earnings results from Goldman Sachs and Wells Fargo and mixed news on housing, as starts fell, but permits rose.
See what's happening, who's talking and what will be making headlines on Wednesday's Squawk on the Street.
European shares were set to edge up on Wednesday, tracking gains on Wall Street and in Asia, on robust earnings overnight from U.S. technology firms.
Stocks ended modestly higher as strength in energy and materials stocks outweighed pressure from financials in the wake of a disappointing earnings report from Citigroup and ahead of more reports from banks later this week. Boeing and Caterpillar rose, while Verizon fell.
Stocks continued to trade modestly higher ahead of the close Tuesday as strength in energy and materials stocks outweighed pressure from financials in the wake of a disappointing earnings report from Citigroup and ahead of more reports from banks later this week. Boeing and Caterpillar rose, while Verizon fell.
The best evidence that we're headed for a double-dip in housing is the quality of the mortgages during the recent period in which the housing market seemed to improve in many areas.
Citi was down 4 percent pre-open; after the open, the shares continued to drop. It was especially disappointing because...
The "Mad Money" host reveals which conference calls he'll be listening to in the coming week.
We updated this post with even more plays from the Fast Money traders!
A top banking analyst and the "Fast" traders discuss which of the 10 banks reporting next week are worth buying now.
Here is an aspect of the mortgage foreclosure story you may not have heard about: US banks are apparently booking income on cash flow that they have not yet received, according to a recent article on Forbes.com
See what's happening, who's talking and what will be making headlines on Thursday's Squawk on the Street.
Stocks ended at new record highs as the Federal Reserve reported improving economic conditions across the country, and as upbeat earnings outlooks for banks lifted investor sentiment. JPMorgan and Bank of America rose, while Disney fell.
Stocks traded off the highs of the day, but remained significantly up, as the Federal Reserve reported improving economic conditions across the country, and as upbeat earnings outlooks for banks lifted investor sentiment. JPMorgan and Boeing rose, while Alcoa fell.
Stocks gained on a brighter outlook for banks ahead of earnings releases, and as debt troubles in Europe eased after a successful Portuguese bond offering. JPMorgan and Bank of America gained.
When the biggest US banks submit their capital plans to the Fed on Friday, it will mark an important post-crisis milestone for the industry, clearing the way for many of them to resume providing dividends.
Alex Pollock of the American Enterprise Institute assembled a collage of quotes from former Treasury Secretary Henry Paulson’s memoir of the financial crisis, On the Brink. The collage paints a stunning and frightening picture of a confused and panicked government without a coherent strategy for containing the financial crisis and preventing worldwide financial panic.
With judges looking ever more critically at home foreclosures, they are reaching beyond the bankers to heap some of their most scorching criticism on the lawyers. The New York Times reports.
Emerging markets have had their run and now it’s time for investors to turn back to domestic US stocks, said David Katz, chief investment officer at Matrix Asset Advisors, and Ethan Anderson, portfolio manager at Rehmann Financial.