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IBM's Report Weighs On The Dow, Apple Helps Boost The Nasdaq, S&P 500 Extends Winning Streak
Monday, October 20, 2014 - 4:57pm | 2950U.S. stocks started the week on a positive note as all three major indices ended the day in positive territory. Dow component IBM reported a disappointing third quarter along with a cautious outlook weighing down the entire Dow index. The Nasdaq benefited from high expectations over Apple's...
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Will Actavis Win Competition For Allergan's Affection?
Thursday, October 16, 2014 - 11:10am | 839Four pharmaceutical companies have been flirting with merger deals. Discussing the confusing courting, Barron’s called them the Bob & Carol & Ted & Alice of pharmaceuticals, referencing the sexy 1969 comedy-drama with the tag line “Consider the Possibilities.” In...
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Dow Suffers Worst One-Day Performance In 2014, Volatility Returns To The Markets
Thursday, October 9, 2014 - 4:55pm | 2188U.S. stocks plunged with the Dow, shedding more than 300 points, suffering the worst single day performance of the year. Despite the 300-plus point loss, both the S&P 500 and Nasdaq saw higher losses on a percentage basis as the CBOE Volatility Index surged over 24 percent to 18.76....
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#PreMarket Primer: Wednesday, October 8: IMF Cuts Global Growth Prospects, Puts A Damper On Wall Street
Wednesday, October 8, 2014 - 8:19am | 1300On Tuesday, the International Monetary Fund reduced its global economic growth forecast for the current year for the ninth time in the past three years. The fund reduced this year’s growth expectation to 3.3 percent and also trimmed its 2015 forecast to 3.4 percent, citing slackening...
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Yellen's Speech Not Enough To Keep Dow, S&P 500 In Positive Territory
Friday, August 22, 2014 - 4:36pm | 2164U.S. stocks were mostly lower as the tense situation in Ukraine was brought back in the spotlight following a report from NATO who observed an alarming rise in Russian forces near the Ukraine border. Speaking at Jackson Hole, Fed Chair Janet Yellen stated that 19 labor market indicators the Fed...
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Cramer's Watchlist: Target And Lowe's Rebound As Hertz Remains In The Red
Wednesday, August 20, 2014 - 12:28pm | 537Mixed earnings results led to some volatile movement Wednesday morning. Jim Cramer noted a handful of stocks in pre-market session. Below is a look at how stocks in Cramer's "watchlist" were performing heading into Wednesday's afternoon trading session. $TGT, $HTZ, $AGN--...
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Dow Flirts With 19,000, S&P 500 Approaches 2,000 & NASDAQ Trading At 14-Year Highs
Tuesday, August 19, 2014 - 4:35pm | 2619U.S. stocks rose as geopolitical events took a back seat and investors found positives in housing and consumer price index data released Tuesday. The markets followed the lead of Apple which closed at an all-time split-adjusted high of $100.53. Earnings from Home Depot and TJX Companies also...
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Barron's Recap: Beware the Zillow Merger
Sunday, August 10, 2014 - 5:13pm | 739This weekend in Barron's online: a look at the Zillow-Trulia merger, as well as the prospects for Terex, Sterling Bancorp, master limited partnerships and more. Cover Story "Pricey Fixer Upper" by Bill Alpert. The merger of real estate websites Zillow (NASDAQ: Z) and Trulia (...
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Earnings Season Boosts Confidence; S&P Trades At Record Highs
Tuesday, July 22, 2014 - 4:40pm | 2810U.S. stocks rose as earnings season continues to impress with companies like Comcast, Chipotle Mexican Grill and Verizon reported positive results. The National Association of Realtors reported existing home sales rose better than expected. helping propel stocks higher despite global...
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#PreMarket Primer: Tuesday, July 22: Separatists Hand Over Remains From Malaysian Airlines Flight
Tuesday, July 22, 2014 - 7:11am | 1172While Western nations try to agree on broader sanctions against Russia following the shooting down of a passenger plane in Ukraine, pro-Moscow separatists have agreed to hand over the plane’s recording device as well as the remains of the nearly 300 victims. Russia has been accused of...
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Markets Marginally Lower Ahead Of Earnings Season
Monday, July 7, 2014 - 4:37pm | 1929U.S. stocks were slightly lower as investors digested a report by Goldman Sachs speculating that the Fed Funds rate may be increased in the third quarter of 2015, earlier than expected. Earnings season unofficially kicks off this week with Alcoa (NYSE: AA) reporting on Tuesday. Many Dow...
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Stocks Mildly Higher To End The Week
Friday, June 27, 2014 - 4:33pm | 2073U.S. stocks were mildly higher as the second quarter comes to an end on Monday, before the markets pause for the Fourth of July holiday. Economic data was light as investors showed little interest as consumer sentiment improved in June from May. Recommended: Will The Markets Be Bullied By The...
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Markets Close Higher Despite A Contraction In GDP
Wednesday, June 25, 2014 - 4:47pm | 2446U.S. stocks rebounded from a two-day decline despite the fact that the U.S. economy contracted 2.9 percent in the first quarter. Investors showed little concern to the GDP figure which was negatively impacted by weather. The second quarter GDP figure, when released, may prove to be more market...
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#PreMarket Primer: Tuesday, June 24: Pressure On Maliki To Step Down Intensifies
Tuesday, June 24, 2014 - 7:12am | 1162US Secretary of State John Kerry traveled to Baghdad on Monday to pledge the US' “intense” and “sustained” support in Iraq's ongoing crisis. However, the promise of support came with one condition; that the Iraqi government take the necessary steps to reunite the...
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Bulls Take A Break As Dow's Winning Streak Ends At 7 Days
Monday, June 23, 2014 - 4:40pm | 2213U.S. stocks were slightly lower as positive housing data proved to be not enough to boost the Dow's winning streak to eight days. The National Association of Realtors reported that previously-owned home sale posted strong growth in May compared to April. U.S. Secretary of State John Kerry...