Wall Street looked to a higher open Monday as traders shook off fears about unrest in Egypt and pushed futures higher on the strength of ExxonMobil earnings.
Stocks closed near session lows as civil unrest in Egypt sparked widespread selling that pushed the S&P 500 down nearly 2 percent and broke an eight-week winning streak for the Dow. Microsoft and Home Depot sank.
Stocks extended steep losses, as the S&P 500 slid nearly 2 percent, as civil unrest in Egypt sparked widespread selling despite decent economic numbers. Microsoft and Home Depot fell, while Kraft rose.
Stocks sank despite a reading on consumer sentiment that was better-than-expected, and after the government reported a gain in gross domestic product for the fourth quarter of 2010, as traders feared the outcome of the escalating protests in Egypt. Microsoft and Home Depot fell, while Coca-Cola rose.
Stocks ended up slightly as the major indices failed to close above significant benchmarks soon after Microsoft, in a surprise move, released earnings before the bell. GE and Home Depot rose, while P&G fell.
Stocks fell back after trading above significant benchmarks just before the close amid mixed economic and earnings news and light trading as the Northeast dug out from another major snowstorm. GE and United Technologies rose, while P&G fell.
This week Customer Growth Partners issued its annual retail sales forecast and they are expecting retail sales this year to outpace historical averages. The notable thing about this forecast is that the firm thinks this target can be achieved without consumers really changing course from their current behavior.
Stocks turned slightly positive in the wake of both positive and negative economic and earnings news, after the major indices hit psychologically important benchmarks earlier in the session.
The market is currently sitting at a “critical area,” according to Art Cashin, director of floor operations at UBS Financial Services.
You should follow these reports instead if you want the real story on this sector.
Stocks closed modestly higher, but the Dow lost ground in the final minutes of trading to close below 12,000 after rising above and below that level much of the session. DuPont and Alcoa rose, while Boeing fell.
Here's why you should keep a close eye on these six stocks.
As the Dow approaches the 12,000-mark, here is a look at the winners and losers since the index last hit this level back in June 19, 2008.
Stocks closed far off the lows of the session, with the broad market ending largely flat, as investors weighed mixed earnings and economic reports and tech stocks sank for a second day.
Stocks held slight losses before the close, after a breif stint in positive territory, as investors weighed mixed earnings and economic reports and tech stocks sank for a second day. Caterpillar and DuPont fell, while Home Depot rose.
Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now! Also click here for Tim Seymour's latest "Trading the Globe" plays.
Stocks were on pace to hit new highs again as financials and technology stocks advanced in the wake of strong earnings reports from JPMorgan and Intel. BofA and AmEx rose, while Merck fell.
Stocks bounced off the lows of the session but ended lower as disappointing economic news halted the market's rally and as Merck dragged down the Dow amid problems with a key blood-clotting drug. Merck and Alcoa slumped, as Home Depot rose.
Stocks slumped more in the final hour of trading as disappointing economic news halted the market's rally and a disappointing drug trial for Merck dragged down the Dow. Merck and Alcoa fell, while Home Depot rose.
Even though consumers slowed down on purchases during the period between June 2009 and June 2010, profits increased, according to a report from Deloitte Touche Tohmatsu Limited and STORES Media released on Sunday.