The Shanghai Composite clinched a fresh seven-year high on Friday, while markets in Japan edged up to finish at their highest levels in 15 years.» Read More
Stock futures fell further after a report showed jobless claims unexpectedly rose last week. Futures had already been pointing lower as oil rose nearly $3 a barrel, Wal-Mart missed sales estimates and Dow component AIG posted a wider-than-expected loss.
Futures are down nearly 10 points, not surprising given AIG, a strange but generally disappointing retail sales report, and jobless claims higher than expected.
With the economic slowdown weighing more on Europe, the ECB decided to hold its interest rates at a seven-year high of 4.25%. Here are some world interest rates as a point of comparison.
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Investors will get a glimpse of how much cash-strapped consumers are willing to spend in the key back-to-school shopping season when major U.S. retail chains release July sales results Thursday.
U.S. sales of clothes and shoes fell in July as cash-strapped consumers cut back spending further to pay for nondiscretionary purchases such as food and gasoline, MasterCard Advisors said in a report Wednesday.
Dylan Ratigan says the oil plunge is helping consumer stocks.
Stocks were lackluster Monday despite a massive move downward for oil, as worries persisted over inflation and the nation's beaten-up housing and mortgage markets.
So Exxon Mobil has just broken its own record again, reporting a mind-boggling $11.6 billion profit on $138 billion in sales. Windfall? Nope: Microsoft is three times more profitable than Exxon.
This stock has outshined its peers. Plus, calls on Chesapeake, AT&T, Owens Corning and more.
Amid the gloom of higher gas prices and a slumping housing market there appears to be a ray of hope.
Barry James is looking to some well-known large-cap names to see him through the bear market.
Wall Street may not think so, but Cramer does. Here's why.
“I’m looking to get long,” says Jon Najarian on CNBC’s Closing Bell. Not tomorrow because there will probably be more selling, but soon...”
Costco Wholesale, the No. 1 U.S. warehouse club operator, warned on Wednesday that quarterly profit would miss current Wall Street targets because of soaring energy costs and other inflationary pressures, sending its shares down more than 8 percent.
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While solar & ethanol get the press, there are familiar companies helping the earth and the bottom line!
Stocks surged in the final hour of trading as a sharp drop in oil prices and an analyst note prompted a late rally in financials. The Nasdaq eked out a gain but investors still punished select techs, including Apple and Texas instruments after the firms dispatched disappointing results.
Economics will be a far more important subject than fashion for retailers this year as cash-strapped U.S. consumers do their back-to-school shopping over the next several weeks.
Richard Sparks thinks investors should continue to stay away from financial stocks, but he thinks there's another sector that deserves careful consideration.