Stocks retreated Monday, led by financials and commodities, as the dollar rebounded.
Stocks retreated Monday, led by financials, as the dollar rebounded and Dutch bank ING announced plans to split in two.
Stocks advanced Monday, helped by an upbeat economic report and a couple of earnings beats.
Futures pointed to a higher open for Wall Street on Monday as a new week brings another heavy dose of corporate earnings, following the first weekly loss in three for the U.S. stock market's major averages.
A cursory look at quarterly earnings suggests corporate America is regaining its foothold. But a look at the stock market's reaction indicates otherwise.
Bond investors need to think like lenders, because their money needs to be productive, said Bill Larkin, portfolio manager at Cabot Money Management.
Momentum could push oil toward $90 a barrel in the shortterm, but an increase in supply from Nigeria and Iraq will place downward pressure on the commodity come spring 2010, said Michael Lynch, president of Strategic Energy & Economic Research.
Although he predicts commercial vacancy rates won't peak until 2011, Joe Rodriguez, portfolio manager of the 5-star rated AIM Select Real Estate Fund, said commercial real estate still offers investment opportunities.
Yahoo shares are up after the Internet company reported its profit more than tripled in the third quarter. But the stock's real potential to move depends on something else. Steve Weinstein, senior analyst at Pacific Crest Securities, shared his insights with CNBC.
A government watchdog said the $700 billion bailout for the financial industry played a major role in rescuing the economy over the last year but also engendered anger and distrust among Americans because of secrecy and confusion about the way the program was handled.
Currencies may play a role in the global economic recovery down the road, but in the short-term, the relationships among major currencies won't impede a rebound, said John Lipsky, first deputy managing editor of the International Monetary Fund.
A year after the roughest stretch for the U.S. economy since the Great Depression, these financial titans have either stepped out of the spotlight or come to the end of their careers.
The market's rally has been similar to the geyser after the waterfall, and while it isn't yet time to "be in the bunker," it's time to start playing a little more conservatively, said Barry James, co-manager of the five-star rated James Balanced Golden Rainbow Fund.
Bowing to political pressure from community bankers, the House Financial Services Committee approved an exemption on Thursday for more than 98 percent of the nation’s banks from oversight by a new agency created to protect consumers from abusive or deceptive credit cards, mortgages and other loans.
Stocks and gold are crowded markets and there is a risk that everybody will want to exit at the same time, Hugh Hendry, chief investment officer at Eclectica, told CNBC Friday.
Concluding that some of the nation’s biggest banks are in good enough shape to raise capital from private investors, senior Treasury officials would like more of them to repay billions of dollars in taxpayer money that bailed them out over the last year.
Bank failures are going to continue at a fairly strong rate but taxpayers hopefully won't be asked to foot the bill, FDIC Chair Sheila Bair told CNBC.
America and China have a problem. A very big multi-trillion dollar problem that shows no sign of going away whatever the financial crisis throws at it.
Even during his most frenzied days, when Congress is demanding answers or the president himself is calling, Treasury Secretary Timothy Geithner makes time to talk to a select group of powerful Wall Street bankers.