Gold settled lower on Wednesday, giving up earlier gains after U.S. Federal Reserve Chairman Ben Bernanke warned of the risks of holding interest rates too low for too long, which boosted the dollar.» Read More
For this Green Week ending, April 25, 2008 the US Markets ended the week slightly to the upside driven by a comeback in the dollar, a streak of records for crude oil, better than expected jobless claims, 26-year low consumer sentiment, surprise earnings, and a 10 point victory for Hillary Clinton in the Pennsylvania Democratic primary.
Oil prices edged higher but couldn’t march past the psychologically important $120 / barrel mark. Is this trend at an end?
For the week ending Friday, April 18, 2008 the US Markets ended the week rallying on earnings news. The Dow had its best week since Feb 1 and rallied 256.8 points on Wednesday and another 228.87 points on Friday, for its biggest point gains since April 1st.
Today, April 17, is CNBC's 19th birthday. Just look at how things have appreciated since then.
With prices above $900 an ounce, American are throwing all things gold into a melting pot for a fast buck. So, what’s the trade as the nation’s gold fever rises out of control?
For the week ending Friday, April 11, 2008 the US Markets ended the week in negative territory. There was not a lot of movement in the markets for most of the week, as the major indices traded on a mix of news including same store sales, record highs in oil, flight cancellations from major airlines, and disappointing first quarter results from Alcoa (AA). The markets tumbled on Friday on General Electric's (GE) disappointing earnings.
The Dow, NASDAQ and the S&P 500 are all negative for the week fueled by GE's almost 13% decline on Friday.
Don't buy into this idea that the great gold run is over, Cramer says. It's just taking a breather.
Considering the current run, how likely is it that gold and other commodities can go even higher?
A floor trader who served on the board of the New York Mercantile Exchange agreed to serve five months in prison Tuesday after pleading guilty to fraud and evidence tampering related to commodities trading.
Today, I'm a gold digger. Literally. I'm in gold country reporting on the "second gold rush." Would-be gazillionaires began descending on the mother lode country this year as gold prices rocketed. Geologists say 80-90 percent of the gold is still in these hills, but the "easy gold" is gone.
Stocks hold onto weekly gains while Microsoft considers reducing its offer for Yahoo! What's the "Word on the Street?"
New hope that the credit crisis is nearing an end sends stocks soaring as investors say good riddance to Q1. Also, the latest on Microsoft-Yahoo, Merck and Schering and more.
Thank goodness Q1 is over! Here's a summary of month-end and Q1 stats for stocks, commodities and currencies...
A look at the data and happenings that shaped the first quarter for European businesses and markets.
The major U.S. indexes were a mixed bag this week, all close to flat, commodities halt their record setting pace, and the US dollar manages to hold its ground against most major currencies.
Investors wondering whether the agricultural commodities bubble has burst will get some important clues in next week's annual crop plantings report, considered a bellwether for the direction of farming activity for the year.
Investors might be suffering commodity whiplash as crude oil and gold rebound after last week's washout. How do you trade a market this volatile?
Financials led European markets higher, but how do you play a rally with little substance to it?
Jamie Dimon raises his bid for Bear Stearns to quell a shareholder rebellion. What's it mean for the rest of the financials? Also, a debate on the Fed, a surging Nasdaq and more.