A CNBC reporter since 1990, Bob Pisani has reported on Wall Street and the stock market from the floor of the New York Stock Exchange for nearly a decade. Pisani covered the real estate market for CNBC from 1990-1995, then moved on to cover corporate management issues before moving to the New York Stock Exchange in 1997.
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
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
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
It's official, the gold rush is on: the Republic of Mauritius has purchased 2 metric tons of gold from the IMF. That is one-hundredth the amount of gold that India just bought, but then again with 1.3 million people Mauritius has one-thousandth the population of India. Read More
Little bit of something for everyone in Mr. Bernanke's speech...on the one hand, those worried about dollar weakness were cheered by Mr. Bernanke's remarks that the Fed was "attentive to the implications of changes in the value of the dollar" and implicitly endorsed a stronger dollar. Read More