Stocks rallied Tuesday after a manufacturing report blew past expectations and some decent earnings reports. Merck and Chevron led the Dow. Kraft was the biggest drag.
Investors return from the three-day holiday Tuesday and stock index futures pointed to a strong start for the broader markets.
Stocks ended a volatile week with wild swings Friday as China's surprise tightening of its lending standards rattled global markets. Techs rallied, delivering the Nasdaq its best week since early January. All three major indexes snapped a four-week losing streak.Investors, keen to play the dips, retreated to one of their safe plays — technology. The Dow snapped a four-week winning streak, while the Nasdaq had its best week since early January.
Markets struggled on Friday on China’s surprise tightening of its lending standards and concerns about the global recovery. How should investors position their portfolios? Joseph LaVorgna, chief U.S. economist and CNBC contributor at Deutsche Bank and Brent McQuiston, vice president at Wealth Trust-Arizona discussed their insights.
Markets fell sharply on Friday as world markets were rattled over China's decision to tighten capital requirements for banks. How is China’s move affecting the U.S. dollar, gold and commodities? Boris Schlossberg, director of currency research at GFT Forex, Jim Steel, chief commodities analyst at HSBC and Peter Beutel, president of Cameron Hanover shared their insights.
Stocks fell sharply Friday as world markets were rattled over China's decision to tighten capital requirements for banks. The Dow was down more than 100 points, or over 1 percent, in the first few minutes of trading.
Starting this week, Japanese buyers of the hulking power machines from General Motors receive a 250,000 yen subsidy under Japan’s new, looser fuel-efficiency standards for imported cars.
Expect a little more volume than normal Friday: Berkshire Hathaway Class B shares are going into the S&P 500 today. This is attracting an unusual amount of interest from the trading community, due to the large size of the addition. About $1 trillion is indexed to the S&P 500.
Global markets have been shaken in recent weeks by concerns that debt trouble in countries like Greece, Portugal and Spain would unravel a budding global economic recovery. And David Hefty, CEO of Cornerstone Wealth Management, told CNBC that Europe’s sovereign debt issues are just beginning.
The big question is how much will Toyota wind up paying in legal claims for the lawsuits it faces and will face as a result of its unintended acceleration problems?
Commodity and energy stocks rallied as the euro finally became so oversold that traders began buying it, thus weakening the dollar. There may also be a secondary reflation trade in play: the unusual move in copper (up 4.7 percent) widely noted on trading desks. George Gero at RBC attributes the gold rally to "Relief that Greece will be handled without having to sell gold..."
Few things are more powerful than road rage but one glance at a Toyota driver these days is enough to snap you out of your expletive-filled tirade. We talked to a few to see what's going through their minds on the road.
European leaders at Thursday's EU meeting in Brussels vowed to help Greece survive its mounting debt crisis. How will markets digest the news? Art Cashin, director of floor operations at UBS Financial Services, offered CNBC his stock-market insights.
Investing—usually made complicated—can be made really simple, said Charles Ellis, author of The Elements of Investing & Winning the Loser’s Game. He shared his best investment strategies.
For years, if you wanted to buy a Toyota you knew that you weren't going to get much of a deal. It was a given. Some people grumbled about it, but most looked at it as the price you paid for peace of mind. After all, when you bought a new Camry or Corolla you knew the car wasn't going to break down or be part of a major recall like many of its American rivals.
Stocks struggled — and lost — Wednesday as traders mulled a possible bailout of Greece and the Fed's exit strategy after comments from Bernanke.
Stocks fell further on Wednesday after Fed Chairman Ben Bernanke outlined the Fed's exit strategy for its unprecedented economic stimulus measures. How should investors be positioned? Frank Holmes, CEO and CIO of U.S. Global Investors and John Lekas, CEO and portfolio manager at Leader Capital shared their insights.
From Washington to Detroit to California there is one question being asked time and again: Why didn't NHTSA (National Highway Traffic Safety Administration) move quicker on Toyota?
Futures were pointing to a higher open Wednesday but pared gains after a report showed the US trade gap widened more than expected.
Shares of Toyota bounced on Tuesday, despite word that the automaker had issued yet another recall.