Sunday, January 24, 2021

Trading volume is up from 2020’s breakneck pace as retail investors jump in

Trading volume is up from 2020's breakneck pace as retail investors jump in
Traders work on the floor of the NYSE. NYSE Stock trading volumes are through the roof.  It's not just equity prices that are hitting new highs in 2021. Trading volumes for stocks and options are at records as well.  "For trading volumes, the new year starts at a consistent,...

Stock futures tick lower as markets look to end record-setting week

Stock futures tick lower as markets look to end record-setting week
John Nacion | NurPhoto | Getty Images Contracts tied to the major U.S. stock indexes slipped Thursday evening as Wall Street appeared headed to close out the record-setting week on a muted note. Dow futures lost 34 points while S&P 500 futures ticked just below the...

Stocks making the biggest moves after hours: IBM, Seagate, Ford & more

Stocks making the biggest moves after hours: IBM, Seagate, Ford & more
Pedestrians walk in front of the IBM building in New York. Scott Mlyn | CNBC Check out the companies making headlines after the bell: IBM — Shares of IBM fell more than 6% in the extended session after the company reported fourth-quarter sales below where analysts were expecting....

The stock market’s rally to a record on stimulus and vaccine hopes leaves little room for error

The stock market's rally to a record on stimulus and vaccine hopes leaves little room for error
Traders on floor of the New York Stock Exchange. Source: New York Stock Exchange With the Biden inauguration — and the risk of disruption — now over, what's next for markets?  The S&P 500 has risen 15% since the Nov. 3 election to historic highs on a...

Weekly mortgage refinance demand drops 5% after rates hit highest level since November

Weekly mortgage refinance demand drops 5% after rates hit highest level since November
An 'Open House' news24nation is displayed as potential home buyers arrive at a property for sale in Columbus, Ohio. Ty Wright | Bloomberg | Getty Images Record-low mortgage rates may now be a headline of the past. Now, several weeks of rising rates are dousing what was...

Watch Christine Lagarde speaking after the ECB’s latest policy move

Watch Christine Lagarde speaking after the ECB's latest policy move
European Central Bank President Christine Lagarde is giving a press conference after the bank's latest monetary policy decision. The ECB held off making any news24nationificant moves Thursday, keeping interest rates and coronavirus stimulus unchanged after bolstering its 1.85 trillion-euro ($2.25 trillion) pandemic bond-buying package in December. Investors...

Spike in lumber and land prices causes homebuilder confidence to fall from epic high

Spike in lumber and land prices causes homebuilder confidence to fall from epic high
A contractor moves roofing material on a home under construction at the Toll Brothers Cantera at Gale Ranch housing development in San Ramon, Calif. David Paul Morris | Bloomberg | Getty Images Just two months ago, homebuilders had never been happier. Buyer demand, driven by the...

Jobless claims show modest decline as Congress works on more stimulus

Jobless claims show modest decline as Congress works on more stimulus
Americans continued to hit the unemployment line in large numbers as the ongoing surge of Covid cases added to America's unemployment problem last week. Jobless claims totaled 900,000 for the week ended Jan. 16, the Labor Department reported Thursday. That was slightly less than the...

Stock futures flat after markets hit records in previous session, Biden takes office

Stock futures flat after markets hit records in previous session, Biden takes office
Subscribe to CNBC PRO for exclusive insights and analysis, and live business day programming from around the world. U.S. stock futures were flat in overnight trading on Wednesday after the major averages hit record highs on inauguration day. Dow futures rise 14 points. S&P 500 futures...