Boeing will take a nearly $5 billion charge in the second quarter to compensate 737 Max customers as the planes remain grounded.Airlinesread more
Earlier, Williams delivered a speech at the annual meeting of the Central Bank Research Association in which he said, "It's better to take preventative measures than to wait...The Fedread more
Stocks in Asia Pacific traded higher on Friday morning, as comments from a U.S. Federal Reserve official led to rising expectations the central bank could ease monetary policy...Asia Marketsread more
The base version of the sports car will punch out 495 horsepower, 40 more than the seventh-generation car and enough to launch it from 0 to 60 in "less than three seconds"...Autosread more
A man suspected of torching Kyoto Animation reportedly doused the studio's entrance with what appeared to be petrol and set it ablaze on Thursday.Asia Newsread more
Trump said the USS Boxer destroyed Iran's drone in the Strait of Hormuz on Thursday in a "defensive action."Politicsread more
Microsoft beat on top and bottom lines, and guidance was just ahead of expectations, but the company's Azure growth is slowing down.Technologyread more
"We've seen Netflix stumble before, especially maybe after a price hike, but not quite like this," Jim Cramer says.Mad Money with Jim Cramerread more
They also voted to absolve themselves, their party and the voters who elected them – like the ones Trump inspired to chant "send her back" at a rally Wednesday in North...Politicsread more
The computing center launched by BMW and Tencent will start operations by the end of the year. It will provide cars with data-crunching capabilities to help them drive...Technologyread more
See which stocks are posting big moves after the bell on July 18.Market Insiderread more
After a disappointing January, stocks rallied on the first day trading in February. However, for strategist Sam Stovall, the January barometer should not be discounted.
In other words, what happens in January can foreshadow the rest of the year.
"In the down years, I think what it basically says, there is confusion. It's a confirmation of confusion rather than confidence," the managing director of U.S. equity strategy for S&P Capital IQ said in an interview with "Closing Bell " Monday.
In fact, the average price change in a down year has been a decline of an additional 7/10 of one percent for the remaining 11 months of the year, he noted.
That said, Stovall believes investors can get a good guide from the sectors and subindustries that did well in January.
Keith Bliss, a senior vice president at Cuttone and Company, is nervous about the equity market and expects its "temperamental nature" to continue.
"There's enough bad news out there to really make me suspicious," he said. "It's fun to trade if you have the guts and the fortitude to do it, but it's confusing to a lot of people."
He suggests investors ride out the volatility in some good defensive names and dividend-paying stocks.
However, Kelly Connelly, first vice president of investments for JHS Capital Advisors, said she sees a lot of money coming into the U.S. market.
She likes the strong dollar, which she said reflects a strong economy. She also said that those who think that the bull market will end just because it is in its sixth year are wrong.
"Bull markets don't really close on age, they close on recession. There is nothing in my opinion that is indicating a recession on the horizon," Connelly said.