DJIA: 17,751.39  +121.12 (0.69%) | NASDAQ: 5,111.733  +22.527 (0.44%) | S&P 500: 2,108.57  +15.32 (0.73%) Markets status unavailable

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    Consumer confidence fell sharply in July to a 10- month low, perhaps because of a more volatile U.S. stock market triggered by financial worries in China and the latest Greek debt crisis. The consumer confidence index dropped to 90.9 from 99.8 in June, the Conference Board said Tuesday. Economists polled by MarketWatch had projected the index to total 99.1.

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    The Nasdaq 100, and all other stock indices, are ending multi-year up trends. There is a lot of stair-stepping down, then up, then down between here and this level, though, with the next big test not arriving until the lower yellow box is probed around the 4,100 zone, after the next small test comes with some probing around 4,350.  . This article is commentary by an independent contributor.

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    Chinese stocks are tumbling again. Mainland China's benchmark equity index is down 9.1% over the past month and nearly 18% over the past three. Instead of being worried, investors can take advantage of the selloff with exchange traded funds that bet against the Chinese market, also known as "bear" funds.

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    Online food order and delivery company GrubHub Inc (GRUB) raised its full-year revenue forecast and reported better-than-expected second-quarter revenue as more diners used its services to order meals. The company's shares rose about 14 percent to $35.50 in premarket trading on Tuesday.

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    Stocks bounced back to session highs by late morning Tuesday, recovering from a brief dip after consumer confidence fell more sharply than expected. The S&P 500 added 0.5%, the Dow Jones Industrial Average was up 0.48%, and the Nasdaq gained 0.11%. . Energy stocks were the best performers on markets, even as crude oil prices hovered at lows.

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    U.S. stocks opened higher on Tuesday ahead of the two-day U.S. Federal Reserve meeting, which could give clues on the timing of a rate hike. The Dow Jones industrial average rose 64.84 points, or 0.37 percent, to 17,505.43, the S&P 500 gained 9.57 points, or 0.46 percent, to 2,077.21 and the Nasdaq composite added 18.78 points, or 0.37 percent, to 5,058.56.

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     JetBlue (JBLU) stock is down by 2.46% to $21.80 in pre-market trading on Tuesday morning, after the company released its 2015 second quarter earnings results, which were in line with analysts' estimates. The company reported earnings of 44 cents per diluted share for the quarter ended June 2015, compared with 68 cents per share for the quarter ended June 2014.

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    Shares of Reynolds American (RAI) are higher by 1.91% to $80.70 in pre-market trading on Tuesday morning, after the tobacco producer reported better than expected earnings per share results for the 2015 second quarter. Reynolds American (RAI) posted adjusted earnings of $1.02 per share on $2.4 billion in net sales for the quarter ended June 2015.

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    Ingersoll-Rand Plc (IR), the maker of Trane airconditioners and Thermo King refrigeration units, forecast a lower-than-expected current-quarter profit, citing slow growth in its industrial business. Ingersoll's shares fell 3.5 percent to $62.75 in premarket trading.

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    * Two-day Fed meeting begins on Tuesday. * China says regulators will continue buying shares. * Baidu slumps after results miss expectations. * Pfizer, Ford rise after results. * Futures up: Dow 71 pts, S&P 10 pts, Nasdaq 18 pts. By Tanya Agrawal.

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    Stock futures held onto gains on Tuesday as home prices rose in May, though at a pace slightly slower than expected. S&P 500 futures were up 0.45%, Dow Jones Industrial Average futures added 0.36%, and Nasdaq futures gained 0.37%. U.S. home prices increased 1.1% in May, boosted by gains in all cities monitored, according to the Case-Shiller 20-city composite index.

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    Package delivery company United Parcel Service Inc (UPS) on Tuesday reported higher second-quarter net profit as improved margins offset a drop in revenue. Shares in Atlanta-based UPS were up 2 percent at $97 in premarket trading. Total revenue fell 1.2 percent from a year ago to about $14.1 billion in the quarter.

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    It gives protection on the downside and is tied to the future of technology. China's Shanghai Composite Index tumbled 8.5% on Monday and is down 28% from its peak on June 12, prompting inexperienced investors to run for cover. But shareholders of the U.S.-based Emerging Markets Internet& Ecommerce ETF, which holds shares of many Chinese companies, fell less than half as much on Monday.

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    - U.S. stocks ended sharply higher on Tuesday, breaking a five-day losing streak as attention shifted from trouble in Chinese equities to U.S. corporate earnings and to speculation the first Federal Reserve interest rate hike may not come until December. The Dow Jones industrial average and S&P 500 chalked up gains of more than 1 percent, while the Nasdaq Composite lagged slightly.

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    Pfizer Inc. (PFE) shares rose 1.1% in premarket trade Tuesday, after the drugs giant reported better-than-expected second- quarter profit and revenue and raised the midpoint of its revenue and adjusted earnings outlook. Pfizer said it had net income of $2.6 billion, or 42 cents a share, in the quarter, down from $2.9 billion, or 45 cents a share, in the year- earlier period. Adjusted per-share earnings came to 56 cents, ahead of the 52 cents FactSet consensus.

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    The Shanghai Composite fell 8.5% on Monday, dragging the S&P 500 lower by 0.6%. The U.S. index is now down almost 3% over the past week and has investors thinking about a possible larger-scale correction. It hasn't been pretty as the S&P 500 has declined for five straight days, Guy Adami, managing director of stockmonster.com, said on CNBC's "Fast Money" TV show.