Stocks opened higher on Tuesday, led by energy and industrials, after ending lower in Monday's trading session after Moody's cut Greece to junk status. Jeffrey Kleintop, chief market strategist at LPL Financial, and Beth Ann Bovino, senior economist at Standard & Poor’s, shared their market outlooks.
Despite all the bad headlines — the accusations of fraud, the talk of a big settlement, the risk, however remote, of criminal charges — there’s an inconvenient truth that’s been largely ignored: Most of Goldman’s big customers are not bolting. The NYT explains.
Stocks opened higher Tuesday, after finishing lower in the prior session as Moody's downgraded Greece's credit rating to junk status.
The euro is up again, so European bourses are up for the most part. Next test will be Spain, which will auction 10 and 30 year bonds on Thursday. The UK's FTSE and France's CAC indices are both having their first five-day winning streak in nearly four months. Also: Finally, some good news for IPOs.
It's been 56 days since the explosion aboard the Deepwater Horizon, and oil is still leaking into the Gulf of Mexico. Today, we want to know whom you blame more for not stopping it, the government or BP. Share your opinion in our poll.
U.S. stock index futures made modest gains ahead of the open Tuesday in the wake of a lower close for the major indexes in the previous session after Moody's downgraded Greece's credit rating to junk status Monday.
Plus, get Cramer's take on BP, Teva Pharma and more.
Cramer talks with Devon Energy Chairman Larry Nichols about the industry's future.
It is safe to jump into equities once again, said Thomas Lee, chief U.S. equity strategist for JPMorgan Chase. He cited U.S. companies with "balance sheets you haven't seen in 60 years" that are strengthening earnings and moving to reinvest.
Looking for a big dividend yield but not the risk of BP? You might want to check out this trade.
BP shareholders—who have already lost billions on the company's continued embroilment in the Gulf oil disaster—now confront the U.S. government's recent demand that the oil company set up a multibillion-dollar fund to help victims of the spill.
Stocks couldn’t hold their gains on Monday with the S&P ending the session modestly lower, again to due fears about the crisis in Europe.
The Dow ended lower Monday, giving up earlier gains, as the euro retreated after Moody's downgraded its debt rating on Greece to junk status. Materials and financials were the biggest decliners.
With chatter that BP or its assets may be on somebody’s shopping list, the obvious question: Which big oil company is most financially fit to do those kind of deals? Exxon Mobil.
Stocks trimmed some of their gains in mid-afternoon trading Monday after Moody's downgraded its debt rating on Greece.
Stocks are up strong across-the-board with renewed hopes of global growth fueling a roughly 1 percent gain in all three indices. Of course, today’s move to the upside follows last week’s strong equity performance.
Plus, a trade – no, investment – on the tankers.
What themes do you expect to emerge when you gather a bunch of leading businesspeople and experts on innovation and organizational change, and have them present their thoughts in a two-day conference in New York City?
The desk is keeping a close eye on the S&P with the major index flirting with 1108, its 200 day moving average. What should you make of it?
Patriotic Americans bought war bonds to finance the path to victory in a just cause. Why not use the same tool again — call them Freedom Bonds — to end another form of global tyranny?