The S&P 500 and FTSE 100 could plummet further if key resistance levels aren't held, Phil Roberts, technical analyst from Barclays Capital, told CNBC.
U.S. stocks had another wild swing in the final 15 minutes of trading that pumped up the Dow from a gain of about 50 points to nearly 200 points as traders largely shrugged off this morning's GDP report that showed the economy is shrinking.
U.S. stocks joined in the global rally Thursday despite this morning's report that the economy is shrinking.
The new paradigm in stock-market investing: It's going to take some time. "The waters have been parted by central banks around the world, and we can see the promised land, but we've got a desert to go through," Noah Blackstein of Dynamic Mutual Funds told CNBC.
Stocks jumped at the opening bell following better-than-expected reports on GDP and jobless claims even though the GDP reading indicated that the economy is likely in a recession.
Stocks got a bump from better-than-expected reports on GDP and jobless claims even though the GDP reading indicated that the economy is likely in a recession.
In these volatile conditions, the currency market is a good signal for where stocks are going, and investors should pay attention to it, Dennis Gartman, founder of the Gartman letter, told CNBC.
If you blinked in the final minutes of trading today, you probably got the story wrong. The final hour of trading has become known for its wild swings, but outdid itself this time: After being up about 250 points at 3:54 p.m., those gains evaporated and the Dow Jones Industrial Average ended down 74.16, or 0.8 percent, at 8990.96.
Stocks pared gains Wednesday after the Federal Reserve opted to cut a key interest rate by half a percentage point.
Stocks turned mixed Wednesday as the market waits for the Federal Reserve's decision on interest rates.
On the distant investment horizon, Oakmark Fund portfolio manager Bill Nygren sees some bright lights.
Stocks opened lower Wednesday as the market waited for the Federal Reserve's decision on interest rates.
UBS senior restaurant analyst David Palmer says it's time to buy one particular food company, whose third-quarter profit more than doubled. Which one?
Futures tilted lower Wednesday, after a fleeting boost from an unexpected jump in durable-goods orders, as the market waited for the Federal Reserve's decision on interest rates.
Scarcity of Volkswagen stocks after Porsche bought up nearly all the remaining free float triggered a short squeeze that pushed VW's market capitalization above that of Exxon at some point Tuesday.
Robert Zagunis is not looking for an overnight recovery — but he suggests it just might be a perfect time to buy stocks. Some familiar names top his list.
Neil Hennessy of Hennessy Funds is known for his use of the price-to-sales ratio to pinpoint the best places for a stock market investor's dollar. Based on that ratio — he's ready to buy. "Today, you can buy a dollar of revenue in the Dow Jones (Industrials) for 74 cents on the dollar," he told CNBC.
Barry James of James Advantage Funds likens the current stock market to a ball bouncing downstairs: Sharp drops are followed by rebounds that can make money for shrewd investors.
David Lundgren, portfolio manager at Burkenroad Mutual Fund, said some stocks are looking “very attractive” — and investors should focus on long-term investment rather than day-to-day market movements.
The wave of stock selloffs sweeping world markets may be partially caused by the fact that many governments increased guarantees for bank deposits, making them a much safer investment, Marc Faber, author of the "Gloom, Doom and Boom Report," told CNBC Monday.