Enough of all the negative chatter—Jim Cramer would rather take a look at the stocks that are actually working right now. These are the stocks behind the Dow (.DJI) closing right on the brink of 18,000 and NASDAQ (.IXIC) hitting a 15-year high on Thursday. Especially one like Skechers that has Read More
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NEW YORK (Reuters) – Stocks ended sharply higher on Thursday, with a rally in technology stocks leading the Nasdaq to a 15-year high, helping to offset the impact of some tepid economic data. The Dow Jones industrial average (.DJI) rose 106.9 points, or 0.6 percent, to 17,969.04, the S&P 500 (.SPX) gained 19.69 points, or Read More
U.S. stocks traded higher on Thursday as investors cheered a cease-fire agreement between Russia and Ukraine and firming oil prices. “I think the market is taking its cue off Putin’s announcement of a cease-fire agreement,” said Peter Cardillo, chief market economist at Rockwell Global Capital. He also expected a compromise to come out of Greece Read More
By Herbert Lash NEW YORK (Reuters) – A ceasefire between Russian separatists and Ukrainian forces and surprisingly aggressive stimulus from Sweden’s central bank injected optimism into global equity markets, which had been numbed by a stalemate in Greek debt negotiations. U.S. Treasury prices rose as data showed U.S. consumer spending barely rose in January and Read More
The livestream is finished. Video on demand will be available soon. Stocks were moving higher at midday Thursday. The Nasdaq (^IXIC) hit a fresh all-time high and the S&P 500 (^GSPC) hit a new high for 2015. The Dow (^DJI) was also higher. Investors reacted to a cease-fire between Russia and Ukraine, and shrugged off Read More
By Herbert Lash NEW YORK (Reuters) – A ceasefire between Russian separatists and Ukrainian forces and surprisingly aggressive stimulus from Sweden’s central bank injected optimism into global equity markets, which had been numbed by a stalemate over Greece debt negotiations. U.S. Treasury prices pulled up from overnight lows on data showing U.S. consumer spending barely Read More
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks were poised to open higher on Thursday, following a ceasefire agreement between Russia and Ukraine and surprising stimulus measures by Sweden’s central bank, although soft economic data may keep gains in check. Leaders of Germany, France, Russia and Ukraine agreed a deal to end fighting in Read More
By Sam Forgione NEW YORK (Reuters) – An advance in U.S. stocks halted and European shares slipped on Wednesday on investor worries over the outcome of euro zone ministerial meetings about Greece’s debt crisis, while oil prices dropped for a second day on more signs of oversupply. Greek Finance Minister Yanis Varoufakis and euro zone Read More
By Sinead Carew NEW YORK (Reuters) – Stock futures rose late on Wednesday after Europe agreed on a way forward with Greece on debt negotiations that had been holding back U.S. investors worried about European stability. The S&P 500 <.SPX> index had finished the regular session unchanged on Wednesday as investors were worried about making Read More
Analysts had expected Cisco Systems (NASDAQ: CSCO) to post earnings of 51 cents per share on $ 11.8 billion in revenue, according to a consensus estimate from Thomson Reuters. This is a breaking news story. Please check back for updates. Track Cisco shares after the announcement. (NASDAQ: CSCO) Cisco shares have climbed about 20 percent Read More