Just off the lows of the day, futures point to a slightly lower open on this last trading day of the week. The markets are on pace for their fourth straight week of declines – their longest losing streak since February/March. » Read more
Earlier this week the big natural gas ETF, the U.S. Natural Gas Fund (UNG), announced that it was suspending the issuance of new shares. Why did this happen? » Read more
Futures trade in a fairly tight range this morning ahead of a key 10-year Treasury note auction around 1pm ET today and the earnings season kickoff this afternoon with Dow component Alcoa reporting results after the close. » Read more
Highlighted by a 5-week low in crude oil today, the weakness in the commodity complex and the subsequent mid to high single digit declines in commodity stocks this afternoon have been in-focus all day. After a significant rally from March to June, commodity stocks continue to add to their recent sell-off with today’s declines. » Read more
Direct from the floor of the NYSE, Trader Talk with Bob Pisani provides a dynamic look at the reasons for the day’s actions on Wall Street. If you want to go beyond the latest numbers— Bob will tell you why the market does what it does and what it means for the next day’s trading.
BIO
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. Read his full bio here.