U.S. stocks closed narrowly mixed, winding down several turbulent trading days with gains for the week, helped by a rebound in oil and good data.» Read More
Pessimists look at the market and see the glass more than half empty. Jeff Auxier of Auxier Asset Management sees quality stocks selling at fire-sale prices.
Stocks continued to slide Tuesday as the positive effect of China's stimulus package gave way to renewed fears about the strength of the global economy.
The failure of this auto company, or its Big Three peers, could be as catastrophic as that of any major bank.
Investors are growing more worried about the health of retail, especially after Circuit City filed for bankruptcy protection.
The Dow ended modestly lower with investors worried about the outlook from a raft of companies including General Motors and Goldman Sachs in this harsh environment.
Circuit City Stores, the No. 2 U.S. consumer electronics retailer, filed for bankruptcy protection Monday just a few weeks before the start of the key holiday shopping season, becoming the largest retailer to file under Chapter 11 this year.
Like anxious relatives in a hospital room, investors have been watching the economy get sicker and sicker with new symptoms surfacing daily.
Stocks bounced back after a two-day selloff as traders shrugged off a bigger job loss than expected. It was a welcome reprieve after the bloodbath of the last two days but wasn't enough to dig out stocks completely and the Dow ended down 4 percent on the week.
For the week, the major industries saw uniform declines: Dow Industrials down 4.1 percent, S&P 500 down 3.9 percent, NASDAQ down 4.3 percent. However, financials were down 8.1 percent, while consumer staples were down only 1.2 percent.
With a dearth of dazzle in the holiday toy lineup this year, it looks like Elmo may just groove his way to the top again this year. But he might have to battle a robot or triceratops to win that coveted spot under the tree. Let the games begin!
Stuart Frankel's Steve Grasso buys what's been working. "People are looking at this market as, 'What's gotten beaten down? Let's buy those bargains. But I'm looking at it as, 'What has worked, in this horrendous landscape for stocks?'
The nation's unemployment rate is at a 14-year high, General Motors reported a massive third-quarter loss and says it may run out of cash next year, and Ford is planning more job cuts after burning through billions of its own.
Stocks sold off on Thursday in their worst two-day slide since October 1987 with disappointing corporate outlooks and bleak sales from major retailers fueling invsetor fears.
Blue chips logged their biggest two-day decline on record as worries about the economy gripped the market the minute the U.S. presidential election was over. Weak outlooks from Cisco and Toyota, dismal October retail sales and the prospect of a very grim payrolls number tomorrow fueled the selloff today.
All those negative same-store sales numbers might add up to positive results for investors.
In the wake of dismal sales from retailers, the International Council of Shopping Centers cut its forecast for the holiday season, which it issued only two weeks ago.
Stocks continued to slide Thursday as worries about the economy -- and its impact on earnings -- outweighed enthusiasm for big rate cuts in Europe.
Holiday shopping looks bleak for U.S. department stores, but there will be some exceptions, says David Strasser of Banc of America Securities.
Scotsman Capital's Charles Crane is buying companies he thinks will deliver earnings growth next year — even if overall S&P 500 earnings drop 20% or more. That takes Crane into a variety of sectors.
To win more market share during the crucial holiday selling season, Wal-Mart said it will introduce new price cuts every week until Christmas...