Futures indicated a slightly lower open for Wall Street Tuesday ahead of a slew of earnings and Federal Reserve Chairman Ben Bernanke's Capitol Hill testimony.
Stocks rallied to the finish line Monday after a wobbly morning as a CIT deal to avert bankruptcy and strong earnings gave investors cause for optimism.
Stocks opened higher Monday as investors were cheered by news of a deal that will avoid bankruptcy for commercial lender CIT Group and a better-than-expected start the earnings season.
Futures indicated a positive open for Wall Street Monday as investors were cheered by news of a deal that will avoid bankruptcy for commercial lender CIT Group.
Stocks rallied Monday as convicted Ponzi swindler Bernie Madoff received the maximum sentence and oil topped $71 a barrel. Plus, there was some window dressing as Tuesday marks the end of the second quarter.
Where can investors find some value in this volatile market? Ron Sloan, senior portfolio manager at AIM Capital Management and manager of the AIM Mid-Cap Core Fund, shared his insight and stock picks.... Read More
Last Friday's employment report from the US Bureau of Labor Statistics showed that the unemployment rate is now at 10.2%, its first foray above 10% and its highest level since 1983.... Read More