Commodities and commodity stocks remain under pressure as the dollar firms and traders continue to take profits. The dollar is firmer again as now Russia (third largest holder of dollars) affirmed the supremacy of the dollar, saying they will not "significantly" change the structure of its reserves.
Maria plays of a financial journalist in the movie (which is who she is in real life and a darn good one!!!). Denzel Washington is watching Maria report about the markets and why the stocks on Wall Street are falling because of John Travolta’s actions.
Being in the financial news business for the last 20 years, I certainly know how much information is available out there. I also know it can be overwhelming for investors to make heads or tails of it all. That’s why you need a plan before you dive in. You have to be able to quickly and decisively separate the real news from what I call “the noise.”
Is this the inflection point? For weeks there has been a simple trade going on which has made a lot of money for the participants: go long commodity and techs, and short bonds and the dollar.
Stocks opened lower on Friday as crude oil dropped below $71 a barrel and banks dragged after Bank of America lowered its outlook for the sector. Export prices rose 0.6 percent in May, while import prices jumped 1.4 percent, mostly due to a surge in gasoline prices. Read and listen to what the experts had to say...
After Thursday's strong 30-year Treasury auction, Friday saw reports of rising consumer confidence. What does this mean for the stock market? Art Cashin, UBS Financial Services director of floor operations, offered CNBC his insights.
Although the Dow closed at its highest level since January 6th, Tony Dwyer, equity market strategist with FTN Equity Capital Markets, isn't convinced a recovery is imminent. But for David Kelly, chief market strategist with JPMorgan Funds, it's a sign the "economic fog" is starting to clear.
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.
GM unveils new models, hopes for strong sales this year After massive recalls, General Motors is pushing forward with new car models unveiled at the 2014 New York International Auto Show. CNBC's Phil LeBeau explains.
Friday, 11 Apr 2014 | 7:23 AM ET
Former Fed Chairman Ben Bernanke challenges Raghuram Rajan, Reserve Bank of India governor on his views about monetary policies, reports CNBC's Michelle Caruso-Cabrera.
Tuesday, 15 Apr 2014 | 5:40 PM ET
Jonathan Geller, BGR president and editor-in-chief, weighs in on the specifications for Amazon's newly announced 3-D smartphone.