Yes, but not for the reasons you’d think. Let Cramer explain.
They say you can be small but mighty. Well, that’s exactly what the new ELX Futures exchange is hoping Wall Street is saying as they take on CME Group.
Stocks rallied sharply higher on Monday after bullish comments on the financials lifted hopes that banks' quarterly results may be stronger than expected.
Up and down Wall Street, analysts and traders are buzzing that Goldman, which only recently paid back its government bailout money, will report blowout profits from trading, the New York Times reports.
Contrary indicators: Analysts including Meredith Whitney expect a short-term jump for financials inc. Goldman Sachs — but Whitney also predicted 13 percent unemployment. Art Cashin, director of floor operations at UBS, offered CNBC his stock-market outlook.
Unemployment is likely to rise to 13 percent or higher and will weigh on the economy for several years, countering efforts to stabilize the banking industry, analyst Meredith Whitney told CNBC.
Earnings season should provide a fresh view of the U.S. economy and may shake the stock market out of its summer doldrums.
Investors are nervously anticipating all the bank earnings about to flood the Street. How should you be positioned?
Jittery investors sent stocks on their longest losing streak since the market's spring rally began in early March. What's the word on the Street?
Former Merrill Lynch brokerage chief Bob McCann has the inside track to head up the brokerage division of UBS, sources told CNBC.
Twenty of the last 28 Fridays have seen announcements of bank failures. Will this trend come to an end anytime soon? Walter Mix, former commissioner of the California Department of Financial Institutions, and Fred Cannon, KBW co-director of research, offered their outlooks for financials.
Getting better than expected numbers next week would be a catalyst for the markets, giving buyers a reason to move away from the sidelines and begin investing more money in stocks once again. On the flip side, however, disappointing data or corporate earnings would likely extend the current downturn further, dampening any hopes of a near-term rebound.
It has become readily apparent that good enough is no longer good enough for this market.
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.