Japan's negative rate policy should have weakened the yen, but instead it's spurred a rally as appetite to use the currency to fund other bets wanes.» Read More
Emerging markets still will provide value to investors but not necessarily through their stock markets, strategists at Barclays Wealth Management said Wednesday.
Just when you think the airlines can’t charge for anything else, low-cost carrier Spirit Airlines just announced that it will charge customers for carry-on luggage, up to 45 bucks.
The Greek sovereign debt crisis is expanding and tightening its stronghold in record numbers.
The economy to date has had a nearly flawless recovery, and markets expect that this will continue well into the future. Trillions of taxpayers’ dollars have revived an economy that was in extremis, but we do not have evidence that the current stasis is sustainable.
Shares of Best Buy are nearing new highs and drawing broad upside option activity along the way. The big-box electronics chain is up 0.61 percent in midday trading to $44.38 and has risen some 22 percent since the beginning of March. After trading under $35 two months ago, the stock is now barely a dollar away from its 52-week high of $45.55 reached in December.
Harry Rein, General Partner with Foundation Medical Partners however, does not think the new health care law does enough to encourage innovation in the medical device industry.
Stocks slipped Wednesday after a senior Fed member said policy makers should start raising rates to 1 percent soon.
Several regional banks have been trading near their 52-week highs in the last few days. Do they have further room to run? Craig Siegenthaler, analyst at Credit Suisse, and David Katz, chief investment officer at Matrix Asset Advisors, shared their sector outlooks.
British Prime Minister Gordon Brown said he was dissolving Parliament and set a May 6 date for national elections. How does this news translate for the U.S.? Jeffrey Saut, chief investment strategist at Raymond James, shared his views on transatlantic politics and potential market impact.
Yikes! The Mortgage Bankers Association reported that 30-year fixed rate mortgages jumped a quarter point to 5.31 percent (!!) last week, the highest level level since August. Little wonder the volume of mortgage applications fell 11 percent. Also: retailer optimism and a caution on bank earnings. (UPDATED)
The central bank basically sees no inflation at all on the horizon. They’re showing no imminent sign of ending their ultra-easy money for an extended period any time soon. But my message to them and to investors is this: Are you sure about this low-growth recovery?
In an exclusive for our website, Jon Najarian says, 'Our Heat Seeker spied a couple takeover candidates this morning and per usual, I am trading both from the long side.'
New York Community Bancorp is expanding its community throughout the country. The regional bank is raising its national profile, after two FDIC-assisted transactions in Ohio and Arizona. NYB acquired AmTrust Bank in Ohio in December 2009 and Desert Hills Bank in Arizona last month.
Stocks were weak Wednesday amid jitters about Greece's debt problems and the 10-year Treasury auction this afternoon.
The upcoming earnings season will not be a good quarter for the financial sector, said Dick Bove, financial strategist at Rochdale Securities.
Yikes! The Mortgage Bankers Association reported that 30-year fixed rate mortgages jumped a quarter point to 5.31 percent (!!) last week, the highest level level since August. Little wonder the volume of mortgage applications fell 11 percent. Also: retailer optimism and a caution on bank earnings.
U.S. stock index futures edged slightly lower ahead of the open Wednesday, with the Dow Jones Industrial Average poised just below the psychologically important 11,000-point mark.
Comments from the current and former Fed chairmen may spice up an otherwise quiet day for economic news on Wednesday. Debt will also in focus as the Treasury gears up for the sale of 10-year notes.
Financial stocks gained and homebuilders fell Tuesday as the Dow slipped back from its march toward 11,000. What's next? Steve Grasso of Stuart Frankel analyzes the technicals for CNBC.
The Dow's ascent after the latest Fed minutes quickly petered out and the blue-chip index ended flat. Banks and some techs were higher, while retail and homebuilder stocks were weak.