Although the Dow soared to its biggest gain in almost two weeks, the market might be getting ahead of itself as investors eye a highly-anticipated speech by Federal Reserve chairman Ben Bernanke last this week, strategists said.
Hewlett-Packard and Bank of America, two stocks that fallen sharply in recent days, present a "shocking parallel," said Jeffrey Sonnenfeld, senior associate dean of the Yale School of Management.
During the past month, investors have overreacted to the downside in their trading of the financial sector, and now is the time to buy, says Robert Albertson, chief strategist at Sandler O'Neill.
Placing a 30-percent probability on another recession occurring, one strategist said the most important issues for investors to consider are both U.S. and global economic growth and whether Europe is able to hold its debt situation together.
As the three major U.S. stock indexes continue to rally following last week's stock roller-coaster ride, mergers and acquisitions will continue despite increased volatility, one analyst said.
After almost three months of being on Rochdale Securities' sell list, Goldman Sachs was upgraded by Richard Bove to neutral from sell, who noted its stock is now selling below book value.
Bloomingdale's is attaching chunky plastic tags to some dresses to fight "wardrobing."
McDonald's says a revamped version of its Dollar Menu that includes $5 items could be launched nationally this year.
In a move to boost its light beer brand, Heineken is tweaking the taste with a popular hops.
The battle to boost the minimum wage escalated Thursday when fast food workers in 50 cities walked off the job.
Christina Cheddar Berk is editor of CNBC.com's Consumer Nation and chief trend spotter.
Courtney is a retail reporter for CNBC.
Tom is a Senior Editor and Assignment Desk Manager for CNBC TV. He also writes about the business of beer for CNBC.com.
Stephanie Landsman is one of the producers of CNBC's 5pm ET show "Fast Money."
Strong sales in Asia helped luxury brand Burberry post a 19 percent rise in second-half revenue.
Food prices are rising. After two months of sharp increase, grocers had no alternative but to raise their prices.
Brooklyn, N.Y.-based sneaker brand, Greats, said it has raised $1.5 million in new capital from a group of investors, Crain's reports.