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 more than 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.
He was nominated twice for a "CableACE Award"—in 1993 and 1995.
In 2013, he won Third Place in the National Headliner Awards in the Business and Consumer Reporting category for his documentary on the diamond business, "The Diamond Rush."
In 2014, Bob was honored with a Recognition Award from the Market Technicians Association for "steadfast efforts to integrate technical analysis into financial decision making, journalism and reporting."
Prior to joining CNBC, Pisani co-authored "Investing in Land: How to Be a Successful Developer." He and his father taught a course in real estate development at the Wharton School of Business at the University of Pennsylvania from 1987-1992. Pisani learned the real estate business from his father, Ralph Pisani, a retired real estate developer.
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Once again, a nugget of economic news came in better than expected: February durable goods came in up 3.4 percent, stronger than the decline of 2.5 percent expected. It was the first reading that wasn't negative since September, although January numbers were revised downward.
Today's action is perhaps not surprising. It was encouraging for most of the day because even though stocks were weak at the outset, there was no concerted selling effort, despite yesterday's huge rally.
The majority playbook is still on the bearish side. This camp believes we have a little more room to run, that we are entering the end of the quarter with a lot of professional traders that have very light exposure to the market, that the trend is to the upside into the end of the month.
Stocks fall across the globe amid growth fears. Commodities and emerging markets lag.
Now that Alibaba's record-breaking offering is out of the way, global markets are gearing up for a raft of new recruits.
Investors go bonkers for Alibaba. The stock finally opened just before noon.
No, Alibaba doesn't actually cure cancer; however, some traders say it's lifting stocks ahead of its IPO tomorrow.