Stocks ended slightly lower Tuesday, though the Nasdaq eked out a gain. And Citigroup shares soared.
Despite speculation that General Electric's* financial arm could need additional capital down the road, the company's shares have the potential to double over a three-year period, said Jack De Gan, CIO of Harbor Advisory Portsmouth. *(GE is the corporate parent of CNBC.)
Stocks skidded Tuesday after a weak consumer confidence report amid job market fears. Investors weighed another batch of disappointing earnings results against stronger home prices. Read and listen to what the experts had to say...
Stocks skidded Tuesday after a report showed consumer confidence is waning amid worries about the job market. It was a struggle all morning as investors juggled another batch of disappointing earnings results against an encouraging report on the housing market.
Right now, investors should be concerned about stagflation and not inflation, said Carrie Coghill Kuntz, president and co-founder of D.B. Root & Company.
Steve Forbes, CEO of Forbes Inc., and Rudolph Giuliani, former mayor of New York City, offered CNBC their insights into health care reform, energy policy including cap-and-trade — and the Obama administration's Achilles heel.
The Dow opened down 53, but that is the low for the day, so far...it's been straight up from there and the index has now gone green, led by industrials like Boeing, our parent GE, Caterpillar, United Technologies, and a few consumer stocks like Kraft, Coke, and P&G.
Stock futures drifted slightly lower ahead of the open Tuesday as investors waited for the next batch of earnings and key economic data.
Another flood of earnings news will help guide Tuesday's market, after stocks held steady Monday.
The stock rally turned tepid Monday as earnings news receded and traders lost their initial enthusiasm from strong new-home sales. Art Cashin, director of floor operation at UBS Financial Services, offered CNBC his stock-market insights — and projections through the autumn.
“There’s no such thing as work-life balance,” according to Jack Welch, one of the most admired CEO’s of the 20th century.
There is no doubt that something has to be done about the rising cost of health care in the United States. The status quo is a recipe for disaster and, considering the gigantic federal deficit, the last thing the United States needs is an even larger anchor on fiscal health.
All the major US indexes were up 4% or greater for the week, after closing roughly flat for the day on Friday. The Dow crossed and remained above 9,000 on Friday, posting its best 2-week percent gain since late March 2000.
The Dow broke 9,000 yesterday — and has hovered at that level Friday. What's next for stock markets? Art Cashin, director of floor operations at UBS Financial Services, offered CNBC his insights.
For the past 14 years I have traveled worldwide helping businesses of every imaginable size and in dozens of different industries focus on the most important factors for business success. What I have discovered along the way is that business is much less complex than I thought it was, writes author John Spence.
What should investors expect from the markets in the second half of 2009? Jack Ablin, CIO of Harris Private Bank and Maury Fertig, CIO of Relative Value Partners gave their outlooks.
The Dow jumped above 9,000 Thursday as investors shook off a rise in jobless claims and focused instead on encouraging earnings from Ford Motor and 3M. Additionally, existing-home sales rose for a third straight month, climbing 0.3 percent to a seasonally-adjusted rate of 4.89 million in June. Inventories fell 0.7 percent. Watch and listen to what the experts had to say...
Analyst “just don’t get it” when it comes to taking risks and here are some reasons why, said Fred Fraenkel, vice-chairman of the Beacon Trust Company.
Amid choppy earnings, is the rally running out of steam? Art Cashin, director of floor operations at UBS Financial Services, offered CNBC his stock-market insights Wednesday.
Stocks bounced back from a lower open Wednesday, but bank stocks skidded after two of Wall Street's biggest names issued disappointing earnings. Morgan Stanley and Wells Fargo both declined, even though the Wells numbers appeared to beat analyst estimates. Traders appeared to be focusing on the sustainability of the Wells numbers, while Morgan's loss was much broader than expectations. Another heavy earnings calendar will shape the market's day again. Read and listen to what the experts had to say...