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.
Follow Bob Pisani on Twitter @BobPisani.
S&P 500 futures popped about 4 points as retail sales, including sales ex-auto, were both stronger than expected. The Empire Manufacturing index was also stronger than expected. Producer Price Index was a bit higher than expected but inflation is not a big worry at the moment.
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.
Stocks are rising modestly midday, and have now erased last week’s losses with their current 4-day winning streak. Cyclical and financial stocks are leading the way, while more defensive sectors like consumer staples, utilities and telecom stocks have lagged all day
Stocks saw a fairly flat open ahead of some key events later today. Just after 1pm ET, the U.S. Government will announce results of its latest auction of 10-year Treasury notes. Then at 2pm ET the Federal Reserve will release its Beige Book report on current economic conditions in its 12 districts. This comes ahead of President Obama’s widely-anticipated speech to a joint session of Congress on his healthcare reform proposals at 8pm ET.
Pick your data: stock futures drop, then rise on nonfarm payroll report. The headline number-and the initial reason futures dropped-was the was the Unemployment Rate of 9.7 percent (which is based on a telephone survey), higher than the 9.5 percent consensus.
Stocks up on better data
Markets kicked off the week strong, with health care deals and anticipation of more stimulus in China moving global stocks.
Five of 10 S&P sectors are showing negative earnings growth, putting pressure on analysts to revise down estimates. Here's why that's good.
Markets were already contending with negative earnings growth, high valuations, and the Fed's interest rate hike ahead of Saudi airstrikes on Yemen.
The supply of U.S. companies with junk-rated debt is rising just as investor demand for higher yields is climbing.
TransUnion, one of the largest credit bureaus in the United States, filed with U.S. regulators on Tuesday for an initial public offering of stock.
Jeffrey Lacker, president of the Federal Reserve Bank of Richmond, said he believes a case can be made for an increase in rates relatively soon.