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Stocks skidded Wednesday as techs dragged and the jump in oil prices spurred worries about the recovery in consumer spending. Stocks had opened higher, buoyed by Home Depot's raised outlook, but those gains quickly faded.
Stocks opened higher on Wednesday as oil prices jumped above $71 and Home Depot raised its outlook. Banks opened mixed as the market digested news that some of the largest institutions would be repaying government bailout money. Some investors worried that the 10 banks returning TARP money could be doing so too soon and might need further injections later. Read and listen to what experts had to say…
Stocks opened higher Wednesday as oil prices jumped above $71 and Home Depot raised its outlook.
We’re likely going to get a market correction, said Rob Morgan, market strategist at Clermont Wealth Strategies and Sam Stovall, chief investment strategist at Standard & Poor’s.
This morning's Wall Street theme might be "running in place". But Tuesday could see more action, with plenty of potential market moving events on the docket. Right now, U.S. stock index futures are pointing to a higher opening, and overseas markets have generally been higher as well.
Sequenom fell by 75 percent overnight in late April after it revealed that some employees had mishandled data and results for its Down syndrome test. The genetic-analysis company fell as low as $2.86 after that debacle, but yesterday its stock rallied back 58 percent.
Investors should look toward Wednesday's crude inventories to see if the oil rally will continue.
The recent market rally and signs of green shoots in the economy has increased investors’ appetite for riskier asset classes.
Stocks ended mixed on Tuesday after 10 banks were approved to repay TARP loans. The companies are expected to give back some $68 billion, about twice what the government expected. Read and listen to what the experts had to say...
Jim Iuorio, director at TJM Institutional Services, and Brian Kelly, president at Kanundrum Research, weighed in on the best places to invest now.
African countries are improving politically and economically and their businesses are doing "great," said Lawrence Speidell, portfolio manager at Frontier Market Asset Management.
Nobody should buy a stock and nobody should buy a bond, said John Bogle, founder and former CEO of The Vanguard Group.
Bank stocks might be volatile, but investors should be exposed to them right now, said David George, senior research analyst at Robert W. Baird.
Vern Hayden, founder and president of Hayden Wealth Management, said investing in Latin America is like “playing with matchsticks” — but can be very rewarding.
John Hussman, portfolio manager at Hussman Strategic Growth Fund, and Art Nunes, market strategist at IMS Capital Management, offered their economic outlooks and investment advice.
Stocks opened higher on Tuesday with financials leading. Ten banks are set to repay capital they received through the TARP. They're expected to give back some $68 billion, about twice what the government expected. Read and listen to what the experts had to say...
The ever-increasing threat of inflation and the spike we’re already seeing in commodity prices is highlighting the countless hedging opportunities available with commodity-based exchange traded fund (ETF) investors. It’s time to start thinking about how you’re going to hedge rising prices.
Chinese solar wafer maker ReneSola rose yesterday along with some upside options activity.
Sam Lieber of Alpine Mutual Funds advised investors on how to make money in the housing sector through emerging markets.
Stocks ended flat on Monday as a late rally fizzled after the Supreme Court issued a stay, temporarily halting the sale of Chrysler to Fiat. Stocks had staged a late rally as financials bounced back, after being lower for much of the day as last week's jobs report spurred worries that the Federal Reserve may raise rates at its next meeting. Read and listen to what the experts had to say…