The Dow pushed toward 11,000 on Friday largely buoyed by the energy bulls. But that’s to say the market was without headwinds. Are these levels sustainable?
Stocks advanced Friday as commodity prices rose and the dollar fell after a Greek official said the debt-riddled nation has not yet sought financial aid.
Stocks snapped a two-day losing streak Thursday after retailers delivered their best sales numbers in a decade, reinvigorating confidence in the recovery. Banks and retailers advanced. Chips were weak.
There is a need for a concentrated energy policy like the FCC, said Mario Gabelli, chief investment officer at Gamco Investors. He shared his insights.
Stocks rose to session highs Thursday afternoon after the 30-year Treasury auction was met with satisfactory demand and banks gained.
Stocks extended their losing streak for a third day Thursday after an unexpected jump in jobless claims rattled an already skittish market.
British Prime Minister Gordon Brown said he was dissolving Parliament and set a May 6 date for national elections. How does this news translate for the U.S.? Jeffrey Saut, chief investment strategist at Raymond James, shared his views on transatlantic politics and potential market impact.
Economists are speculating that the Federal Reserve may raise the discount rate again during its board meeting on Monday. How will this move impact markets? George Dowd, director at Newedge, shared his insights.
Most of David J. O'Reilly's compensation bump came from a salary increase and a greater amount of stock and options awards; while the value of his perks nearly doubled to $517,228
According to the Labor Department, new jobless benefit claims dropped to a seasonally adjusted 439,000, marking the fourth drop in the last five weeks. Art Cashin, director of floor operations at UBS Financial Services shared his market outlook.
Ahead of a long Easter Weekend, and historically on average the U.S. Major Indexes have been relatively negative on the Monday following Good Friday.
Stocks ended a strong quarter with a thud Wednesday after a disappointing report on jobs from ADP.
Now that the markets closed 4% or higher for the quarter, a positive first quarter is a good indication for the year where historically the Dow, S&P and NASDAQ Composite have managed to post average gains of more than 12% in the year when Q1 was a positive quarter versus average losses of -0.2% or greater when Q1 was negative.
Stocks turned mixed Wednesday, the last trading day of the quarter. Energy, financials and materials were the sector leaders.
Stocks opened lower Wednesday, the last trading day of the quarter, after a surprise drop in the ADP jobs report.
U.S. stock index futures turned negative after a report showed the private sector actually shed jobs in March, defying expectations for a turnaround in the employment picture.
With just one day away from quarter and month end, the Dow and S&P are on track for their best Q1 since 1999 & 1998, and the NASDAQ Composite since 2006 based on March 29th closing levels.
Stocks rose Monday, led by energy stocks as oil topped $82 a barrel. Boeing was the biggest gainer on the Dow. Financials were weak.
After traders celebrated what was cynically dubbed “Dow 10k 2.0” just 5.5 months ago, the Dow Industrials is now just a small hop away from regaining the 11,000 level. Once it reaches that level, the Dow will have rallied 68 percent from its March 2009 low.
As we approach another quarter and month end, the Dow and S&P are on track for their best Q1 in over 10 years, and the NASDAQ Composite since 2006 based on March 24th closing levels.