Anyone know why futures are weaker...anyone? Futures are weaker as President Obama's imposition of a 35 percent tariff on auto and light truck tires from China has traders worried about a potential trade war. China has responded by probing the alleged dumping of American auto and chicken products. Read More
After the Dow ended with its best July in two decades, stocks are starting August on a strong note. Strength this morning is stemming from strong manufacturing data out of Europe and China, earnings out of a couple of major European banks, and optimism over July Ford auto sales. Read More
Following are the day’s biggest winners and losers. Find out why shares of Dow Chemical and CBS popped while Harman International and Tyson dropped. Read More
The Reuters/Jefferies CRB Index is a global commodity benchmark which tracks 19 mostly U.S. traded commodities and has led a rally in the past weeks with a year-to-date performance surpassing the S&P, currently up 10% versus 3% YTD, driven in part by a depreciating dollar and speculation of an economic recovery. Here are some stocks that are riding the commodities wave. Read More
Following are the week’s biggest winners and losers. Find out why shares of Tyson Foods and Philip Morris popped while IBM and NVIDIA dropped. Read More