| NASDAQ FUTURES LIVE | DATE | VALUE | CHANGE | OPEN | HIGH | LOW | TIME |
|---|---|---|---|---|---|---|---|
| NASDAQ 100 | Jun12 | 2,468.25 | -36.50 | 2,508.00 | 2,521.00 | 2,467.00 | 05/18/2012 |
Live Rates of Nasdaq Futures …
By now, everyone understands that Europe is in trouble. However, not everyone understands why Europe’s troubles should impact American stock markets. I’m going to try to explain why in very simple terms: Because the problems facing the world now…
NEW YORK (Reuters) – Stock index futures fell sharply on Thursday evening as JPMorgan Chase & Co stunned investors with news that its chief investment office had incurred “significant mark-to-market losses” that it said could “easily get worse.”
…
By Angela Moon
NEW YORK (Reuters) – U.S. stocks mostly rose by late afternoon trade on Monday, with financial shares taking the lead as investors shrugged off Europe’s election results that cast doubt on the region’s ability to tackle its…
* IBM (NYSE: IBM – news) leads Dow (NYSE: DPD – news) in regular session, falls after hours
* Apple (NasdaqGS: AAPL – news) jumps 5.1 pct after five days of losses
* Dow up 1.5 pct…
If you’re like many investors who are in a quandary right now over what to do as the market cools off, at least one old pro we spoke with seems to be channeling his inner rocker/philosopher in paraphrasing Axl Rose and Guns ‘N Roses who sang, “all we …
NEW YORK (Reuters) – Stocks mostly fell on Wednesday, weighed by the energy services sector, but gains in technology shares buoyed the Nasdaq and helped keep the S&P 500 near four-year highs.
The benchmark S&P 500 index, up 11.6 p…
NEW YORK (Reuters) – U.S. stocks mostly fell on Wednesday, weighed by the energy services sector, but gains in technology shares buoyed the Nasdaq and helped keep the S&P 500 near four-year highs.
The benchmark S&P 500 index, up 1…
Stock index futures pointed to a flat open for equities on Friday, with futures for the S&P 500 and the Nasdaq 100 staying almost unchanged.
Apple’s new iPad proved to be another hot-seller on Friday, with hundreds queuing at stores …
(Reuters) – Stock index futures pointed to a flat open for equities on Friday, with futures for the S&P 500 and the Nasdaq 100 staying almost unchanged.
Apple’s new iPad proved to be another hot-seller on Friday, with hundreds queuin…
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Stocks posted modest gains Wednesday, with traders taking a cautious view on the Federal Reserve’s announcement that most big U.S. banks had enough cash on hand to survive a sharp economic downtur…
(Reuters) – Stock index futures pointed to a lower open on Wall Street on Thursday, with futures for the S&P 500 down 0.37 percent, Dow Jones down 0.27 percent and Nasdaq 100 down 0.11 percent at 0955 GMT (4:55 a.m. EST).
European sha…
For the third straight week, the market is up. The Dow (INDEX: ^DJI ) rose 2.4% while the broader S&P 500 (INDEX: ^GSPC ) and Nasdaq (INDEX: ^IXIC ) rose 2.0% and 2.8%.
And now that earnings season is in full swing, we can point to actual company actions for driving the stock market rather than vague musings on Europe, unemployment, or “the January Effect.”
All 30 stocks in the Dow were up this week, but tech and banking dominated. The top seven gainers were in those two sectors:
Of these, Bank of America, IBM, Microsoft, and Intel all reported this week – on Thursday, to be precise. Click on the links to get the rundowns.
In banking, generally favorable reports from Bank of America, Goldman Sachs, and Morgan Stanley gave hope to a beaten-down sector. Keep in mind that these reports weren’t especially strong on an absolute basis. Rather, any decent news in banking sends shares skyward because expectations are so low. Nowhere is this more true than Bank of America. Hence its Dow-leading position this week.
Meanwhile, in tech, the company-specific good news at IBM, Microsoft, and Intel drowned out the market’s poor reaction to non-Dow techie Google‘s earnings (Google was down 6.2% this week). We see that in Hewlett-Packard, whose business model is more tied to the fates of IBM, Microsoft, and Intel than it is to Google.
It’s fun to look at the weekly (and daily … and hourly) market news, but remember to keep your perspective and invest for the long term (years and decades). If you’re looking for a long-term stock pick, our chief investment officer has identified his No. 1 stock for the next year. Find out which stock he likes in our brand-new report: “The Motley Fool’s Top Stock for 2012.” I invite you to take a copy, free for a limited time. Just click here to access the report and find out the name of this legendary company.
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Anand Chokkavelu owns shares of JPMorgan Chase, Microsoft, Bank of America, and Cisco Systems, warrants on JPMorgan Chase, and long-dated options on Bank of America. The Motley Fool owns shares of Microsoft, Intel, Google, JPMorgan Chase, Cisco Systems, International Business Machines, and Bank of America. Motley Fool newsletter services have recommended buying shares of Google, Cisco Systems, Intel, Microsoft, and The Goldman Sachs Group. Motley Fool newsletter services have recommended creating a bull call spread position in Microsoft. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
By Barani Krishnan
NEW YORK (Reuters) – World stocks and the euro rose on Thursday as solid European bond auctions eased worries about the euro zone debt crisis, while encouraging earnings reports from Morgan Stanley and Bank of America b…
By Barani Krishnan
NEW YORK (Reuters) – World stocks and the euro rose on Thursday as solid European bond auctions eased worries about the euro zone debt crisis, while encouraging earnings reports from Morgan Stanley and Bank of America b…
By Barani Krishnan
NEW YORK (Reuters) – World stocks and the euro rose on Thursday as solid European bond auctions eased worries about the euro zone debt crisis, while encouraging earnings reports from Morgan Stanley and Bank of America b…
The Nasdaq led US markets toward strong gains Wednesday, helped by news that the IMF (Berlin: MXG1.BE – news) was to raise $500 billion to boost its crisis-fighting capacity.Data showing lower US inflation pressures and rising manufacturing activity …
The market opened seemingly undecided this morning. The Dow Jones Industrial Average (INDEX: ^DJI ) and S&P 500 both hovered listlessly in early morning trading, while the Nasdaq (INDEX: ^IXIC ) jumped up about one-third of a percent. But the Dow and S&P quickly joined the party, and now all three indexes are trending upward:
Filling the coffers
The big news today is banking earnings. Goldman Sachs (NYSE: GS ) joined Wells Fargo (NYSE: WFC ) in posting better-than-expected results this morning. Despite Goldman’s profit falling 58%, it still beat estimates by posting $1.81 a share, surpassing the $1.46 that was expected.
However, Bank of New York Mellon (NYSE: BK ) disappointed the Street with earnings falling to $0.42 a share, and net income dipping 26%. Analysts were hoping for $0.53 cents a share. It seems there are two camps being formed: Those like Goldman and Wells that are outperforming, and those occupied by Citigroup and BNYM that are underperforming.
With banks on everyone’s minds these days, people are asking themselves whether the sector is down and out, or whether sunny skies are ahead. Ultimately, I think it’s mixed bag, and there will be big winners and big losers in 2012. Fool analyst Anand Chokkavelu has even conjectured that Bank of America could be the Dow’s biggest winner in 2012. Goldman is likely to be weighed down by a rough year for investment banking, while Wells Fargo has been cited as the most stable (relatively) of the “big banks.”
The best approach
With some companies zigging while others are zagging in the finance sector, it can be difficult to pull out the winners. If you’re optimisitic about the long-term investing potential of this sector — as I am — I invite you to read The Motley Fool’s new free report, “The Stocks Only the Smartest Investors Are Buying.”
In it, you’ll read why Warren Buffet and others are currently eyeing banking stocks. The report is free, but it won’t be forever, so click here to access your copy now — it just may make you a better investor.
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European stock markets turned down in volatile trade Wednesday as traders digested a raft of mixed economic news and company results, while the euro gained against the dollar.European markets advanced early in the day but fell lower in the afternoon as…
European stock markets turned down in volatile trade Wednesday as traders digested a raft of mixed economic news and company results, while the euro gained against the dollar.European markets advanced early in the day but fell lower in the afternoon a…
European stock markets turned down in volatile trade Wednesday as traders digested a raft of mixed economic news and company results, while the euro gained against the dollar.European markets advanced early in the day but fell lower in the afternoon a…
