Last week, oil’s ascent trumped a raft of healthy U.S. economic reports. With a relatively light slate of economic data scheduled this week, oil prices and political turmoil in the Middle East could play an even larger role in …
During a volatile week, stocks bounced between Mideast turmoil and generally strong economic reports. Even with the jobless rate’s surprising drop, equities ended on a down note. Still, stocks eked out a tiny overall gain on th…
Stocks fell sharply Friday as investors fled to safety amid disappointing economic data, mixed corporate earnings reports and escalating violence in Egypt. A soft start for equities only got worse as the day progressed. [Vide…
Once again, profit reports are expected to be a tale of strong growth, thanks more to cost cuts than revenue gains. And perhaps even more telling, fourth-quarter 2010 earnings are competing with downright dismal reports for the…
This week was all about jobs reports, and after December’s employment numbers fell short of expectations, stocks ended the first week of trading in 2011 on a down note. Kenny Polcari, managing director at ICAP Corporates explai…