The S&P 500 snapped a 6-day winning streak with an ever-so-slight 0.07 point decline yesterday. However, rising 5.5% during the period, the run-up was the best such streak for the big-cap index since March 2003. Returning to the green today, the S&P is now up 7 of the first 8 trading days this month. Read More
Despite posting a 51 percent decline in profit Friday, Chevron's 11-percent increase in oil production offers an opportunity to investors, said Phil Weiss, senior energy analyst at Argus Research Read More
Despite a weak start to the last week of October, the Dow and S&P are now both up 2.58% and 0.85% for the month as of Thursday's closing session. Even though October ranks as a slightly positive month historically on average, up more than 53% of the time for all three major U.S. Indexes, the Nasdaq Composite has trailed behind, currently down 1.2% month to date. Read More
ConocoPhillips reported a 71 percent decline in its quarterly profit. Other oil giants including Chevron and Exxon will announce results later on this week. What should investors expect? Tina Vital, integrated oil and gas equity analyst at Standard & Poor’s U.S. Equity Research, shared her outlook. Read More
Both the Dow and S&P closed lower on Monday as investors ditched natural resource names after commodity shares succumbed to pressure from the higher U.S. dollar. Read More
With Microsoft's earnings report this morning, two thirds of the Dow 30 have now reported. Here is a summary of how things stand in terms of EPS and revenues. Read More