After stocks took a quick dip following the latest Treasury auction, markets resumed their ascent on Thursday. At first glance, the auction results sent investors out of stocks and into the relative safety of bonds; but after further consideration, they jumped back into stocks. Read and listen to what the pros had to say…
Few people have seen the changes on Wall Street like Peterson has through the years. When Pete spoke to Maria on the "Closing Bell" he told her the recent fallout is "the most serious, long-term crisis he’s ever seen."
Higher yields bring out the buyers. The 4.72 percent yield on the 30-year auction was a bit below some expectations (I heard estimates of around 4.8 percent) but still much higher than comparable yields of only a few weeks ago. Buying interest was strong.
Bank of America's Ken Lewis testified at a heated U.S. House committee hearing on the Merrill Lynch acquisition. Anthony Polini, bank analyst of Raymond James & Associates, said the hearing is more of a clearing of grievances...
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.
CNBC's Steve Liesman provides insight into the highlights of Fed Chair Janet Yellen's comments at The Economic Club of New York.
Wednesday, 16 Apr 2014 | 12:15 PM ET
Josh Spencer, T. Rowe Price portfolio manager, encourages investors to get some guts and buy into growth stocks like Tesla and Amazon. He shares his opinions on some of the old tech names.
Wednesday, 16 Apr 2014 | 10:01 AM ET
Discussing how to buy in volatile market conditions and the investment banking market, David Katz, Matrix Asset Advisors CIO, and Charles Bobrinskoy, Ariel Investments vice chairman & portfolio manager.