The story of the week is the dollar's stabilization and the consequent stall in the stock market. European Central Bank President Jean-Claude Trichet said the ECB will gradually withdraw emergency cash. Read More
Corporate bond market hot: what's up? While equity trading volumes have dried up in November, stock traders are talking about the avalanche of corporate bond issuance this month. Read More
Maybe Bernanke really does have some clout: ever since Monday, when Bernanke engaged in unusual jawboning in support of the dollar, the dollar has stabilized and is even in a mild uptrend. Read More
Colgate up about 5 percent on a report from the London Telegraph that Reckitt Benckiser, a UK based consumer product company that owns Lysol household cleaner among other products, may be interested in purchasing the company. Read More
Trading desks idle as light volume continues. It started on November 1st — sell-side desks started seeing a drop in trading volume, and it has continued through the month. What gives? Read More
In a note titled, "Succumbing to the Surge," Citigroupchief U.S. equities strategist Tobias Levkovich said he's raising his S&P 500 target to a range of 1100 to 1150, from 1000 to 1100 for year end 2009 and 2010. Read More
S&P 500 futures drop a few points as October Housing Starts and Permits were a bit below expectations, while the Consumer Price Index was a bit hotter than expected. Read More
In a rare and exclusive interview, Maria Bartiromo spoke to Steve Schwarzman this afternoon on Closing Bell. With the rally in equities since the lows of March, Schwarzman's Blackstone Group is planning to list up to eight companies and sell at least five others. Read More
Retailers: are we reaching the limits of cost cutting? Cautious comments on fourth quarter sales from Saks and Target are weighing on retailers today. Read More