While the headlines brim with tales of the euro zone debt crisis, rising inflation and people like Nouriel Roubini warning of an approaching hard landing in China, there’s evidence that some market players, at least, are getting richer.
Stocks closed higher Tuesday but off their best levels after traders remained skeptical over a report that France and Germany have agreed to increase EU bailout fund, calling the news "nothing new."
Futures shaved their earlier losses Tuesday following news producer prices rose more than expected in September and following a handful of earnings reports.
David Kestenbaum, Morgan Joseph TriArtisan, shares his favorite six stock picks right now, including Advance Auto Parts, Equinix, and Tyson Foods.
Futures slid Monday after Germany's finance minister said a forthcoming summit would not yield a definitive solution to Europe's debt crisis and after the New York Fed report that said manufacturing in New York State contracted for the fifth straight month in October.
Stocks rallied in the final hour of trading to close at their highest levels Friday, with all three major indexes logging a 10-week high, amid optimism the euro zone would find a solution to its debt crisis.
What follows is a list of products and services that became so indispensable to consumers that they instantly lost interest in their previous favorites.
Futures added to their gains Friday following a handful of positive economic news in addition to a strong earnings report from Google and continued optimism over the euro zone will find a solution to its debt crisis.
Markets are over their fears that the worst will happen in the world economy as investors hope that Europe will finally find some solution to the debt crisis, Wilbur Ross, WL Ross chairman and CEO, told CNBC Friday.
Stocks came off their worst levels in a volatile session Thursday, but still closed mixed as investors remained cautious following JPMorgan earnings and a tepid Chinese economic report.
And then there was the moment of truth as Bill Simon, President & CEO of Walmart US took the stage and hit us with the news. Comps were positive for August and September. After nine quarters of negative same store sales had Wal-Mart finally turned the corner? The universe was so surprised that the lights went out in Northwest Arkansas.
Futures declined Thursday after JPMorgan Chase beat analyst expectations for profit but showed weakness internally that left traders unimpressed and followign news that Chinese trade data was weaker than expected.
Stocks lost steam in the final hour of trading Wednesday after a report that European banks may shrink to meet higher reserve targets and news that real Chinese copper demand may be lower than initially thought, but still finished higher amid optimism that Slovakian politicians reached an agreement to approve the EFSF expansion.
Futures gained Wednesday as investors shrugged off a disappointing start to earnings season after Alcoa missed forecasts and as Slovakia moved to reach a deal on expanding the EFSF rescue fund.
Mitt Romney offered a robust defense of the health care plan he signed as governor of Massachusetts and sought to look beyond his Republican presidential rivals at a debate here Tuesday night by presenting himself as the leader who is best prepared to take on President Obama.
Stocks ended mixed after moving between small gains and losses Tuesday, as investors kept their focus on developments in the euro zone and ahead of Alcoa's results, which marks the beginning of third-quarter earnings season.
Futures slipped Tuesday following a sharp rally in the previous session and as investors stayed cautious ahead of a key vote in Slovakia to expand the euro zone rescue fund.
Roelof van den Akker, senior technical analyst at ING Wholesale Banking, joined CNBC to take a technical look at the Euro/Yen and Euro/Dollar trade, plus the Dax.
"I think this headline that Dexia has been nationalized, or there is a bailout, is absolutely wrong. What we know is, the Belgians are going to take responsibility for the Belgian citizens, the French for the French citizens; and this leaves 180 billion in US municipal lending, and another 180 billion in European municipal lending, for which no one is taking any responsibility," Phillippa Malmgren, president and founder of Principalis Asset Management, told CNBC.
The Canadian dollar got hammered in September, thanks to falling commodity prices and general risk aversion. But these strategists say the loonie is ready to lift again.