CNBC Stock Blog
- How Stock Investors Can Play Holiday Travel
- 3 Growth Opportunities in Tech: Analyst
- Prep Your Portfolio for Next Week: Stock Pickers
- Global Growth Good for Portfolio: Stock Picker
- Expect Tech Sector to Rise in Q4: Strategist
- Expect a 5-10% Market Pullback: Stock Picker
- 3 Stock Picks for This Volatile Environment: Portfolio Manager
- 3 Financial Stocks May Lead Final Rally: Market Researcher
- Gold's 'Money' Value is $4,000 to $11,000: Market Strategist
- Commercial Real Estate Bottom Near: Market Pro
- How Stock Investors Can Play Holiday Travel
- Time Lapse World Series Is A Great Play
- Hirschhorn: Greed...or Fear
- My Top 10 Tech Toys for the Holidays
- iPhone a Better Gaming Platform Than Android?
- May Day For Dendreon
- 100% Mortgage Financing From USDA
- Holiday Tipping: Who And How Much
- Deep Discounts Should Make It a Very Tech-y Holiday
- The Richest Members of the US Congress
- New Consensus Sees Stimulus Package as Worthy Step
- Wall Street Jobs Slow to Return Despite Record Profits
- Thanksgiving Week Stuffed With Economic News
- Black Friday Deals May Not Signal Retail Comeback
- Investors to Goldman: Be Less Greedy
- UPS Sets New Rates For 2010
- Victoria's Secret Hopes to Rekindle Desire for Lingerie
- 'New Moon' Takes Record $72.7M Box Office Bite
RSS FEED
The Dow crossed 9,000 Thursday for the first time since January and Nasdaq racked up gains for the 12th day straight.
What's really driving the stock markets now?
Art Cashin, director of floor operations at UBS Financial Services, offered CNBC his insights Thursday afternoon.
"It started with earnings," Cashin said.
"Then, Meredith Whitney of Oppenheimer came out [in a CNBC interview] and said she liked Goldman Sachs and several banks that were beginning to turn. And that has lasted pretty much right through to here."
"It's that, it's the earnings and it's the feel that the review of the health care [legislation] means that no one really has an absolute rubber stamp down in Washington. And the market likes that."
Also: Watch the full interview for Peter Costa's take on the Shorts.
______________________________
CNBC Slideshows:
______________________________
______________________________
CNBC's Companies in the News:
Microsoft [MSFT
Loading...
()
]
American Express [AXP
Loading...
()
]
CIT Group [CIT
Loading...
()
]
McDonald's [MCD
Loading...
()
]
General Motors/Motors Liquidation Co. [MTLQQ
Loading...
()
]
______________________________
Disclosures:
Disclosure information was not available for Cashin or his company.









