The Wall Street vet has high hopes for housing, but Cramer isn’t so sure about the call.
Here’s how the president can put us back on track.
A late upturn pushed stocks higher Wednesday as investors rotated into defensive stocks like pharmaceuticals and Alcoa advanced ahead of earnings.
Stocks turned lower Wednesday as investors got defensive ahead of earnings season, rotating into pharmaceuticals and out of techs.
Well, the Administration can't say "give it time to work" and have some others say "we need another one before this one has had time to do its thing." Talk about creating a box needlessly. And don't you find it curious that the meat of the Stimulus package, the shovel-ready job-creation part of the deal, is due to hit just about in time for the midterm elections?
Are banks asphyxiating the recovery by hoarding money? Matt McCormick, banking analyst at Bahl & Gaynor, and Rick Santelli debate the question.
Stocks fell Tuesday amid growing doubts about the economic recovery. There were some pockets of gains in the tech, banking and pharmaceutical sectors.
Two market obsessions now: Earnings season kicks off Wednesday with Alcoa; and debate rages over the need for a second stimulus package. Art Cashin, director of floor operations at UBS, offered CNBC his stock-market insights.
Stocks fell Tuesday amid growing doubts about the economic recovery. But techs and banks rose.
Both the Dow and S&P 500 rebounded in late trading on Monday as investors' concerns about the strength of an economic recovery triggered a move into defensive stocks.
Stocks ended mixed Monday as a dismal jobs report last week and expectations for a gloomy earnings season nagged at the market. But the Dow eked out a gain amid some bargain hunting.
Doug MacKay of Broadleaf Partners and Bill Spiropoulos of Corestates Capital Advisors agree: The March bottom will hold — and you want to be in equities now.
Stocks were under pressure Monday as a dismal jobs report last week and expectations for a gloomy earnings season nagged at the market. But the Dow turned positive as investors took advantage of the selloff and did some bargain hunting.
Stocks briefly pared their losses after a report showed improvement in the service sector.
The Dow is down 5.65 percent YTD and the S&P 500 had its lowest closing value since June 23 (as of this writing). With earnings season upon us, what's the stock-market outlook? Art Cashin, director of floor operations for UBS Financial Sevices, offered CNBC his Monday insights.
The futures are down this morning and we are looking at a weak start to the week. How does this stack up when compared to other Mondays?
After the long Independence Day weekend, futures indicated a lower open for Wall Street as second thoughts about the U.S. economy's recovery spooked investors after last week's worse-than-expected nonfarm payrolls numbers.
Stocks capped their third straight down week with a sharp drop Thursday as a weak jobs report muzzled all the green-shoots talk and investors hunkered down. The Dow lost 1.9 percent this week.
Historically and on average, the U.S Markets have been up on the day before Independence Day and relatively flat the day after. The S&P has averaged best of the major indices on the day before the July 4th holiday is observed, up an average of .5% and up 70% of the time.
The latest overall job loss numbers showed a loss of 467,000 jobs in June and the unemployment rate climbed to 9.5%, the highest rate since August 1983. The May and April numbers were revised to losses of 322,000 and 519,000, respectively. Here is a breakdown of where the job losses were as well as which sectors were adding jobs.