Giovanny Moreano is a Quantitative Analyst at CNBC.
20 years ago today – on April 17, 1989 – the Consumer News and Business Channel launched. And how the network has evolved – from showing how to cook chicken in a microwave on the first day of broadcasting to covering the current global economic crisis over the past year.
Amid a dry IPO market, Rosetta Stone's initial public offering is off to a positive start. The Arlington, Virginia-based company, which provides technology-based solutions for learning languages, raised $112.5 million during its initial public offering on Wednesday night.
Following a 4-week rally the markets traded lower as of midday Monday, weighed by on-going concerns over the health of the financial sector. Despite four weeks of steep gains, financials, industrials, and utilities companies remain deep in the red year-to-date, recording losses over 10%. Which are the worst/best performing companies?
On the eve of the G20 Summit, American investors looking for opportunities overseas are having their returns diminish when converting their investments back into dollars. Here is a look at how major global indexes performed in relation to their respective currency valuations.
Yesterday was not a typical Sunday. People from around the globe were reminded of one of the most important natural resources that life depends on: water. The vital role that water plays in economic development and future investments along with the possible repercussions due to its scarcity are amplified on World Water Day.
As of midday Tuesday, all major indices are up 4 percent or greater. If the rally holds, the S&P 500, Dow, and NASDAQ Composite would be poised for their biggest percent increase since late November of last year.
Investors hungry for yield have latched on to "the Dogs of the Dow" strategy, which pays off more often than not.
U.S. stocks are on track for eight quarters of consecutive gains—the longest winning streak in 16 years.
Three sectors have managed gains of more than 20 percent in 2014, while two others are lagging badly.
The Dow Jones industrial average has historically taken an average of about 32 months to jump from one thousand-point mark to the next.