With data from ThomsonReuters, we took a look at which stocks have consensus estimates farthest above their stock prices (as of market close on 9/30/09).
Two and a half months away from the end of the year and the average dividend yield of the Dow 30 has continued to fall since the market lows. See how the 30 companies in the Dow compare.
This is the week the market will make its big push, as positive earnings surprises will send it higher and carry it through the rest of the year, said Marc Pado, US markets strategist at Cantor Fitzgerald.
The markets are higher today, with the Dow reaching within 68 points of 10,000 in this morning's trading. The Dow, which closed on Friday at a new high for 2009 at 9864.94 is currently trading near October 2008 levels, as it also managed to reach a new intraday peak for 2009 today at 9931.82.
Markets traded higher on Monday as better-than-expected earnings results began trickling in, boosting investors' optimism about the overall earnings season. Leo Grohowski, CIO of BNY Mellon Wealth Management, and Charles Kantor, managing director and portfolio manager at Neuberger Berman, shared their market insights.
Back in July, Enzio von Pfeil, chief executive officer of EconomicClock.com, predicted a stock market crash in October. On Wednesday, von Pfeil reiterated his forecast, saying: "It doesn't have to be a calamitous crash. But I do think we're heading towards something. One sees that the market's become a lot more 'toppy'. It's stopped going up and up and up."
Now that the Dow Jones Industrial Average has hit the 10,000 mark, where do you expect stocks to be by the year's end?
The first time the Dow hit 10,000 it was 1999. What did the world look like then? What were the hottest gadgets? The hottest stars?See what the world looked like — then and now.
While stocks may continue to rise, pros suggest investors start looking for ways to protect their gains.
The Dow crossed above 10,000 today for the first time in over a year. The first time the Dow crossed the 5-digit market was back in March 1999. See how the who's who in market cap leaders has changed since then.
The Federal Reserve agreed to slow down the pace of a $1.25 trillion program to buy mortgage securities, according to minutes from the FOMC meeting. Clem Chambers, CEO of ADVFN and Charles Crane, managing director at Douglass Winthrop Advisors discussed their views on the minutes of the Fed meeting.
The Dow topped 10,000 on Wednesday, but Art Cashin, head of floor operations at UBS, said he'll continue to approach the market with caution.
Dow Jones 10,000 arrived on Wall Street Wednesday for the first time in a year. It’s a milestone of sorts, and it certainly represents a vote for investor confidence in economic recovery. Blowout profit reports form Intel and JPMorgan helped fuel today’s 145 point gain. So did a retail sales report that excluding Cash for Clunkers was actually quite strong.
Asia receives a boost thanks to the Dow's move beyond the 10,000 mark. But what will the Dow's renewed momentum mean for Asia's growth chart? The answer lies not in the Dow but in the Korea's Kospi.
Dow is up but the dollar is tumbling. Time to look at global indexes?
Upbeat corporate results lifted investors' sentiment again on Thursday, sending world stocks to near 13-month highs. On Wednesday, the Dow broke through 10,000 for the first time in over a year on the back of strong earnings from JPMorgan Chase and Intel. Experts told CNBC the only thing that matters now is U.S. earnings.
Dow 10,000 may sound impressive, but look back just two years, and the index of the 30 biggest US shares was sitting comfortably above 14,000.