Given that two of the most dramatic and painful stock crashes happened in October, it's the one month that most investors dread. But if you look at the record, it's not the month with the worst average returns. You don't want to wait to find out which month really haunts Wall Street...
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A few major mergers and acquisition deals are claiming headlines in stock market news today.
Last month, stocks suffered their biggest monthly decline in a year. But today stocks are kicking off September on a positive note after a three-day weekend. Stocks are rebounding from last week's selloff, stemming from fears of a U.S. strike against Syria.
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Money MorningCapital Wave Strategist Shah Gilani appeared on FOX Business' "Varney & Co."to talk with host Stuart Varney about the ill winds blowing across Wall Street and the country at large.
The Dow is down nearly 100 points on the day, rhetoric and violence are ratcheting up in Syria, and we've heard both parties' warning shots over the looming October debt ceiling vote.
After a summer of strong gains, stocks this week are in the red as tensions between Syria and the United States mount and investors fear near-term military action, likely as soon as this week. Other stock market news today weighing on shares includes the looming debt ceiling, with terms that U.S. President Barack Obama said he will not negotiate.
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At $10.4 billion dollars, biotech giant Amgen's acquisition of Onyx is the fifth-largest biotech deal in history - and definitely won't be the last. This deal is a perfect illustration of why there’s so much money being made in biotech...
Stock market news today focuses on winners and losers in the tech and consumer spaces, as well as how the S&P 500 will come off of its largest weekly decline since June.
Last week was tough for stocks since this year has been filled with rallies. Stocks fell as investors tried to understand the timing of the Fed's tapering of its bond-buying program.
Surprisingly, the market still seems very sensitive to any news on the Fed cutbacks.
This week, the market may continue to react to any news from the Fed, although other economic indicators are likely to be in the foreground of investors' minds.
Stock market news today starts with Japan, which we learned saw gross domestic product rise 2.6% at an annualized pace from April to June - well short of the 3.6% growth economists expected. The Nikkei was down more than 5% last week and is down another roughly 1% this morning.
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IPOs are back, big time. Even unsexy companies are sprouting sweet IPO gains.
Take organic grocer Sprouts Farmers Market. It gained nearly 123% in its first day of trading Thursday - the best initial public offering debut since LinkedIn more than two years ago.
IPOs as diverse as Norwegian Cruise Line Holdings Ltd. and fast-casual dining chain Noodles & Co. have soared... The market has locked and loaded on about $4 billion in U.S. IPOs so far this year.
At that pace, companies "going public" would raise the most this year since at least 1999.
Welcome to the white-hot IPO market.
There's only one problem...
If you're not rich - you know, aren't one of those high-net-worth "accredited investors" (in essence, an insider or someone with a good buddy at an investment bank) - then you probably are watching from the sidelines. And that's why I can't wait to show this to you today, because you don't have to watch the Millionaire's Game anymore. You can finally play it.
Pick up some of these shares today, and you can win it, too. Big...
The bulls came out of the gate at full-speed at the opening of the stock market today.
Less than a half-hour into trading, the Dow Jones Industrial Average jumped 121.99, or 0.81%, to 15,241.40 The Standard & Poor's 500 Index climbed 12.19, or 0.75%, to 1,644.08. The Nasdaq added 14.01, or 0.41, at 3,493.60.
Optimistic investors appear to be betting the second quarter's earnings will come in ahead of scaled-down forecasts.
Pre-announcements have certainly been extremely negative. According to Thomson Reuters, the ratio of negative to positive comments is 6.5 to 1, more than two-and-a-half times the normal pace and the most negative reading since 2001.
Overall, S&P 500 earnings are projected to have grown 1.6% in Q2 from a year ago, while quarterly revenue is expected to increase 2.9%.
But those estimates could be on the light side.
Not only is the market rally on, but trigger-happy bankers and private equity wheeler-dealers are about to send it even higher.
The reason is simple: There are trillions of dollars of cash just sitting on the sidelines looking for a deal.
That means deal action - of all kinds - is about to get white hot.
In fact, the combination of positive capital flows and the pursuit of greater economies of scale has us at the beginnings of a multi-year deal-driven bull market.
Here's where we are and where we're going next.
