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.
Futures budged upwards after a mixed bag of economic reports at 8:30am ET... Weekly jobless claims came in essentially inline with estimates. Continuing claims continued to hit record highs... April durable goods rose 1.9 percent, far exceeding economist forecasts for a 0.5 percent rise.
Stocks jumped sharply higher following the biggest gain in consumer confidence in 6 years. May consumer confidence of 54.9 rose significantly compared to last month’s reading of 40.8 and topped economists’ estimates of 42.6. The latest reading was the indicator’s highest level in eight months.
After 5 days of declines last week for its worst week this year, the U.S. Dollar Index is rebounding modestly today. Concurrently, commodities are giving back 1 percent to 2 percent of last week’s solid gains, while commodity stocks are slightly weaker in pre-market trading.
Stocks moved sideways on light trading today.The President signed the credit card bill this afternoon. Remember the key provisions: 1) Takes effect in 9 months 2) Card companies can't raise interest rates until the balance is sixty days overdue 3) Increases in interest rates due to non-payment can be reversed after six consecutive months of on-time payments.
Most analysts have rarely met a stock they didn't like, or at least weren't willing to hang out with for a while.
Some energy-linked stocks have sold off unfairly, presenting a good buying opportunity, according to a renewables pro.
The U.S. may not be as strong as investors think because it is growing overly dependent on the consumer for economic growth, Jim O'Neill tells CNBC.