More than half of Americans believe that the economy is still in recession and are less confident on the improvement in the nation’s economic conditions over the next few months, a new CBS News poll showed.
Stock index futures rose on Wednesday after estimate-beating results from Dell and a deal for Sanofi-Aventis to buy Genzyme for $20.1 billion in cash.
Futures on major U.S. stock indices point to higher opening on Wednesday ahead of wave of economic data including producer price index and building permits.
U.S. stocks slipped as retail sales raised doubts about the economic recovery. Energy and basic materials equities led the way downward, albeit in moderate trading volume.
U.S. stocks opened lower on Tuesday after the government report showed that retail sales rose less than forecast in January.
Futures on major U.S. stock indices point to modestly higher opening on Tuesday ahead of a wave of economic data including retail sales.
U.S. stocks ended narrowly mixed as investors appeared to be underwhelmed by President Obama’s budget proposal, while unrest in the Middle East has spread to Iran and even Bahrain.
Stocks finished narrowly mixed as investors appeared to be underwhelmed by President Obama’s budget proposal, while unrest in the Middle East has spread to Iran and even Bahrain.
U.S. stocks opened modestly lower on Monday as investors awaited the release of President Obama's budget.
Futures on major U.S. stock indices point to a mixed opening on Monday, after indices recorded a second straight week of gains on Friday.
Stocks rallied after Hosni Mubarak resigned as president of Egypt and the Obama administration announced plans to dissolve Fannie Mae and Freddie Mac
U.S. stocks opened lower on Friday as data showed the U.S trade deficit widened in December, and jitters over Egypt continued.
Stocks finished narrowly mixed, amidst much speculation that Egyptian President Hosni Mubarak would voluntary resign from his office. (He later announced that will stay on until September elections).
New applications for unemployment benefits dropped to a 2-1/2-year low last week, pointing to a stronger footing for the labor market as the economic recovery gathers momentum. The fall in claims reported by the Labor Department on Thursday partly reflected the unwinding of a weather-related spike in late January but analysts said it was consistent with other indicators suggesting a strengthening labor market.
U.S. stocks declined in early trade on Thursday despite better-than-expected jobs data with tech stocks particularly remaining weak as disappointing earnings from Cisco Systems weighed on the sentiment
U.S. stocks declined in early trade on Thursday despite better-than-expected weekly jobless claims data as disappointing earnings from Cisco Systems weighed on the sentiment.
U.S. stocks finished narrowly mixed after Federal Reserve chief Ben Bernanke warned that unemployment may remain at elevated level for several years, although he downplayed inflation risks.
U.S. stocks declined in early trade on Wednesday as investors preferred to take profits after the Dow Jones Industrial Average reached its highest level since June 2008 on Tuesday.
U.S. stocks opened modestly lower on Wednesday as investors await comments from Federal Reserve Chairman Ben Bernanke on the economic outlook and monetary policy.
The Dow Jones Industrial Average scores its seventh straight daily gain, as U.S. stocks seemed to shrug off another interest rate hike by the central bank of China.
World stocks and oil prices ebbed from recent highs on Tuesday after China raised interest rates for the second time in just over a month, spurring worries of the hike's impact on global economic demand.
U.S. stocks opened modestly lower on Tuesday after China raised interest rates for the third time since last October in response to accelerating consumer and asset inflation.
