NEW YORK (Reuters) – U.S. stocks opened slightly higher on Monday, following sharp weekly declines on major indexes, led by stocks in the energy sector as U.S. crude futures prices rose. The Dow Jones industrial average <.DJI> rose 43.15 points, or 0.25 percent, to 17,208.1, the S&P 500 <.SPX> gained 6.52 points, or 0.33 percent, Read More
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Investors are hoping for a better outcome in U.S. markets on the first trading day of February after back-to-back down months. Markets got a glimpse of consumer strength in last week’s disappointing report on fourth quarter economic growth, strategist Bill Stone told CNBC on Monday. “Buried underneath there was the bright spot. It was actually Read More
NEW YORK – US stocks closed down on Friday after a volatile session as investors worried at the end of a rough month for the market about weak US growth data and whether instability in Europe could hurt corporate earnings in the United States. US economic growth slowed sharply in the fourth quarter as weak Read More
By Caroline Valetkevitch NEW YORK (Reuters) – The dollar index edged higher on Friday and was on track to end January with gains of more than 5 percent, while stock indexes around the world fell as data showed U.S. growth slowed sharply in the fourth quarter. European stocks ended lower, but registered their biggest monthly Read More
By Rodrigo Campos NEW YORK (Reuters) – U.S. stocks fell on Friday, pressured by concern over euro zone stability and its potential impact on U.S. corporate results and by domestic economic growth data. U.S. economic growth slowed sharply in the fourth quarter as weak business spending and a wider trade deficit offset the fastest pace Read More
Investors should not sit on cash in fear of the market because companies buying back shares and central banks purchasing bonds will bolster stocks, BlackRock President Rob Kapito told CNBC Monday. “My message to everyone is to get invested in the marketplace and try to put some of this noise away. There is always noise Read More
With thestock market (^IXIC)on track for back-to-back monthly losses, two market strategists believe it may be prudent to take a look at bonds. “It’s important to have some bonds in your portfolio. Ride out the volatility in the market,” Dave MacEwen, co-CIO at American Century Investments, told CNBC’s “Power Lunch” on Thursday. He said it’s Read More
U.S. stocks gained on Thursday, bouncing back from a a two-day rout, as investors mulled earnings from corporations including Ford Motor (NYSE:F) and data that had a less-than-expected number of Americans filing for unemployment benefits. “The macro environment is still constructive,” said Terry Sandven, chief equity strategist for U.S. Bank Wealth Management, citing varying degrees Read More
By Herbert Lash NEW YORK (Reuters) – Global equity markets eased on Thursday on simmering worries over Greece’s new anti-bailout government and the prospect for corporate earnings, but U.S. government debt prices fell on fresh signs of a strong American labor market. Weak results hit European shares, with Royal Dutch Shell <RDSa.L> weighing on the Read More
By Rodrigo Campos NEW YORK (Reuters) – U.S. stocks were little changed in early trading on Thursday following two days of losses on the benchmark S&P 500, supported by strong labor market data on a busy day for corporate earnings. Alibaba Group shares <BABA.N> dropped 9.6 percent to $ 88.90 after the company’s revenue missed Read More