Stocks closed higher as Citigroup's earnings lifted bank stocks ahead of a cluster of earnings reports this week, including Apple and IBM, which report after the market closes. Bank of America and JPMorgan rose, while Intel and Home Depot fell.
What follows is a roundup of corporate earnings reports for Monday, Oct. 18.
Stocks rose as Citigroup's earnings lifted bank stocks ahead of a cluster of earnings reports this week. Bank of America and JPMorgan rose, while Intel and GE fell.
Brian Kelly of Kanundrum Capital thinks so. By simply discussing QE2, the Fed could restore confidence without having to take any action and that's no good for stocks.
Stocks turned mixed as Citigroup earnings lifted bank stocks, but a decline in tech stocks took strength out of the Nasdaq. JPMorgan and Exxon Mobil rose, while Intel fell.
Stock index futures are pointing to a mixed open Monday, regaining some ground after Dallas Federal Reserve President Richard Fisher said on CNBC that the Fed can't help the economy alone, and that there is "ample liquidity" in the market that hasn't been put to work.
See what's happening, who's talking and what will be making headlines on Monday's Squawk on the Street.
Although quantitative easing by the Fed would boost stock prices, investors fear that the economy needs government intervention. To play it safe, here are 10 large-cap stocks that rank as analysts' favorite picks within their sectors—and 30 more top-ranked names in those sectors. ...A report from TheStreet.
The Obama administration's lifting of the drilling moratorium in the Gulf of Mexico (GOM) was expected, but it is nonetheless a positive for GOM exploration and production companies.
Halfway through what's typically the worst month of the year, stocks are up sharply. Can they possibly continue to climb?
Widely followed technical analyst Carter Worth explains why the S&P looks like it wants to climb about 2% higher.
BP’s internal inquiry into the causes of the disastrous Gulf of Mexico oil spill provoked an immediate backlash from contractors and U.S. politicians who said the British group was “happy to slice up blame, as long as it gets the smallest piece”. The FT reports.
Like it has so many times before, at these levels will the S&P soon turn lower? Maybe not!
Stocks closed modestly higher Wednesday but off the session's highs as investors continued to show wariness about the health of the U.S. economy. JP Morgan and AIG rose, HP and Intel fell.
Stocks trimmed gains but remained higher Wednesday after the government released data on consumer credit and investors learned the economy is growing but at a slower rate nationwide. Alcoa and AIG rose, HP fell.
Stocks rose Wednesday ahead of news on the U.S. economy to be released Wednesday from the Federal Reserve. Alcoa rose, HP and Intel fell.
Stock futures futures turned higher following Europe as fears of a renewed sovereign debt crisis eased somewhat and as investors wait for news on the state of the U.S. economy from the Federal Reserve.
Stocks ended higher for a third session a day before investors get a better glimpse of the economy's health in the August jobs report. Alcoa rose, Merck fell.
Stocks extended gains Thursday afternoon, although were still up modestly, amid subdued trading ahead of the August jobs report on Friday. Home Depot rose, American Express fell.
Stocks are up modestly after a batch of economic data that showed glimmers of strength in the economy as investors await the critical August jobs report coming out on Friday. Home Depot rose, American Express fell.