Stocks rose Monday as strong euro-zone industrial data helped assuage worries about the debt crisis. Techs and industrials led the advance.
A massive sell-off in BP shares triggered by the worst oil spill in US history has created "a unique investment opportunity" despite costs that could approach $60 billion, Oppenheimer said in a research note.
EU industrial production came in better than expected, which is helping to lift European and US stocks. Greece is up five straight days (a 9 percent rally), but other countries have seen significant gains in the last four days as well.
With oil still spilling into the Gulf of Mexico, BP is clearly under growing pressure. One front is focusing on the company's dividend. Today, we want to know if you think BP should lower it, suspend it or keep shelling it out. Share your opinion in our poll.
US stock index futures rose Monday, as investors' concerns over Europe's debt crisis eased, and good news about oil and miners pushed the major indices higher.
Stocks will navigate choppy waters in the week ahead, but could sail a bit more smoothly—barring any nasty, new surprises from Europe.
Plus, will the Volcker rule make into the financial-reform bill?
Plus, get two more stocks that, however unfortunately, benefit from ecological disaster.
Traders began leaving the building, mentally and physically, just after noon ET Friday, but next week is one of the biggest weeks in a long time, on all fronts.
From IPOs and earnings reports to economic data and options expiration, here’s your must-have guide for the next five trading sessions.
Stocks eked out a gain Friday after struggling all day as investors weighed a better-than-expected reading on consumer sentiment against a disappointing retail-sales report.
For BP, a company that’s had a helluva time getting a “cup” on the Gulf of Mexico oil gusher it is responsible for, it’s now connected to another cup, the BP Crosstown Cup in Chicago. And it's a strikeout for the oil producer.
Veteran trader Gary Kaminksy tells the desk he's hearing chatter about a potentially strong earnings season ahead. Are the bulls back in the game?
When the leaders of America's cities gather this weekend in Oklahoma City for the US Conference of Mayors, they will be faced with a late addition to the agenda, an emergency meeting on the BP oil spill.
Stocks eked out a gain Friday after struggling all day as investor weighed a better-than-expected reading on consumer sentiment against a disappointing retail-sales report.
Lawyers are using tactics such as radio and TV ads to sign up clients to sue BP, reports the NYT.
That’s what the Mad Money host’s oil friends are saying. Plus, get calls on pharma, the banks, semis and more.
It has been a reverse-gusher of a week for Anadarko, a 25 percent investor in the BP drilling disaster. Its stock has been the worst performing on the S&P 500 this week, as investors anguish over Anadarko’s possible liability.
The US-UK spat over BP is a serious topic of discussion among traders. They are worried that this could get out of hand. They are worried that the meeting between the president and BP officials scheduled for next week will turn into another public humiliation of BP.
"The recent market collapse has once again rewarded the short sellers," says the head of a website that tracks daily short movements. "Short selling is back."