HSBC Says Profit More Than Doubles
As of 5 a.m. EDT Monday, participants who were bullish in the TheStreet’s Bull vs. Bear enumerate tallied 295 votes, or 45.2% of the 652 votes assignment of parts in the poll, while those who were bearish scored 231 votes, or 35.4%. Survey-takers who were mediocre on the stock market this week came in at [...]
Investors’ resolve will be put to a test this week
The abide-churning turmoil that revisited the stock market last week may not have existence gone yet.
That’s not to say investors should brace as far as concerns another dizzying drop like the intraday 1,000 point plunge in the Dow Jones industrial average on Thursday.
Lingering uneasiness over the sudden decline seems well-adapted to muzzle buying activity, however, [...]
Gold Prices at $1,150
After moving in a listless fashion for much of the day, the Dow Jones Industrial Average tumbled 109 points, or 1%, at 10,861. The S&P 500 was losing 10 points, or 0.9%, at 1179, while the Nasdaq fell by 11 points, or 0.5%, at 2425.
Bernanke discussed the financial crisis and the Fed’s various responses at [...]
‘Fast Money’ Recap: No Man’s Land
The Dow Jones Industrial Average finished up 13 points, or 0.1%, to 10,625. The S&P 500 slipped a fraction of a point, or 0.02%, to 1150, while the Nasdaq shed 1 point, or 0.03%, to 2368.
>>Top Five Metals and Mining Stocks
Despite today’s meandering trading, the major averages managed to drift higher this week. The Dow [...]
Financial Stocks Hit 52-Week Highs
NEW YORK (TheStreet) — Shares of General Electric(GE Quote) rose sharply on Thursday on much heavier than normal volume.
The stock was tacking on 5.5% in recent trades to $16.30. About 166 million shares have changed hands, more than double the issue’s average trailing three-month volume of 76 million, and good for third most-active issue on [...]
Teen Retailers Impress in December
The Dow Jones Industrial Average added 33 points, or 0.3%, at 10,607, and the S&P 500 gained 5 points, or 0.4%, at 1142. The Nasdaq declined by 1 point, or 0.1%, at 2300.
Bank stocks rallied past other sectors today, helping prop up the major market averages. Bank of America(BAC Quote) received an upgrade at Credit [...]
Apollo Announces Surprise Earnings
The Dow Jones Industrial Average rose 33.18, or 0.31%, to 10,606.86, while the S&P 500 added 4.54, or 0.40%, to 1,141.68. The Nasdaq fell 1.04, or 0.05%, to 2,300.05.
Gary Kaminsky said on CNBC’s “Fast Money” TV show that money fund managers will be selling on the news, regardless of what the report says. “Good news [...]
JPMorgan: Financial Winners & Losers
The Dow Jones Industrial Average was adding 15 points, or 0.1%, at 10,587. TheS&P 500 was up by 2 points, or 0.2%, at 1138, though the Nasdaq was declining by 2 points, or 0.1%, at 2307.
Minutes from the December meeting of the Federal Open Market Committee revealed that opinions varied over several issues behind the [...]
Goldman Sachs Jumps Into ETFs
While the Dow Jones Industrial Average’s member companies languished, many small firms performed well. Over the past 10 years, the average small-blend fund — a mix of growth and value shares — returned 6% annually, compared with a measly 0.3% for large-blend funds, according to Morningstar.
Blue chips faced hard going partly because they had become [...]