Jack Ablin, CIO of Harris Private Bank and Thomas Lee, chief US equity strategist of JPMorgan, discussed whether the recent rally is over or whether this snap-back is an invitation for investors to get back into the game.
Russia's RTS Index was the first global index to hit the correction stage (down 23 percent since hitting its recent high on June 2nd), but now the MSCI Emerging Markets Index (EEM in its ETF form) is also down double-digits since hitting its recent high on June 1st.
Shares of Anglo American were higher Tuesday, following a surge in the previous session, on fresh speculation that Aluminum Corp of China (Chinalco) could be interested in taking over the miner.
Stocks losses approached 1 percent off the opening bell on Monday as summer apathy increased, threatening to snuff out the rally of the past three months. A June buyer's strike received more fuel after the World Bank cut its 2009 forecasts for most economies. Read and listen to what the experts had to say...
Joe Battipaglia, private client market strategist of Stifel Nicolaus and Keith Wirtz, CIO of Fifth Third Asset Management discussed the recent market pullback and where the market is headed from here.
Is the rally over for the year? Not likely, but there is good reason for a pause. The World Bank taking down global growth rates goes to the core argument of the bears: that the economic recovery (and earnings recovery) will not live up to expectations.
The CNBC Stock Blog is a cross-section of expert opinions and insights from our TV and Web site coverage. This blog includes posts written by and about top analysts and strategists, super-investors and CNBC's own market mavens. You'll find stock picks, news about publicly-traded companies, commodities, hot sectors, ETFs and the latest options action.
"Yahoo's core business is still limping along," says Colin Gillis, BGC Financial, while providing instant reaction to Yahoo's quarterly numbers. "Shark Tank" investor Kevin O'Leary and "The Profit's" Marcus Lemonis weigh in.
Tuesday, 15 Apr 2014 | 11:31 PM ET
John Sculley, former Apple CEO and Managing Partner at Inflexionpoint, discusses his company's acquisitions in Singapore and India.
Tuesday, 15 Apr 2014 | 11:14 PM ET
Will Oswald, Global Head of FICC Research at Standard Chartered, says Beijing has the tools to guide its economy to a soft landing.