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U.S. stocks were slightly lower as positive labor market data clashed with fourth quarter GDP estimates that showed the economic expanded less than economists had expected. Major indices finished slightly lower as the Nasdaq index continues to see its losses fall sharper compared to the Dow and...

Traders know the markets are in a bad way when construction spending and manufacturing data can spark a 300-point plunge in the Dow. The Dow ended down two percent to close at 15,372.80. The S&P fell 2.3 percent to 1,741.89 and the NASDAQ had the worst day falling 2.6 percent to 3,996.96...

For the first time in the new year, markets ended the day on a positive note. While it is only a few days in, markets appear to have started off 2014 on uncertain footing. Investors and traders found some positives in the U.S. trade deficit which fell to its lowest level in four years, an...

Investors appeared to be nervous going in to yesterday's close, a sentiment which continued at today's open. With little encouraging data coming out of the holiday shopping figures, investors and traders nervously await Friday's Labor Department November jobgs report which could help determine...

While not offering any specifics, investors seemed comfortable enough with Dennis Lockhart's comments to end the week on a positive note. While speaking to CNBC the Atlanta Fed chief commented that tapering will begin “when the economy is ready and when the market is ready.” Lockhart also noted...

Labor Day marks the unofficial end of summer. Week-long vacations are done, weekend trips to the lake are winding down, and for sports fanatics, here comes football season. But there’s a lot of science behind Labor Day. Consumers spend in very predictable ways making this weekend a key revenue...

The National Employment Law Office has uncovered a disturbing statistic. Since the job market hit a bottom in February 2010, lower-wage jobs have grown nearly three times faster than jobs that pay more. While the recession has seen companies like McDonald's (NYSE: MCD) thrive -- a 130 percent...

Yes, on Saturday, the 139th running of the Kentucky Derby will take place at Churchill Downs (NASDAQ: CHDN) in where else but Kentucky. As of Friday afternoon, 19 crazy-expensive thoroughbreds will run for a piece of the $2,199,800 purse with the winner going home with $1,439,800. (Not the...

Did everybody’s favorite burrito restaurant give investors an attractive entry point or was one person’s short theory reason to cash out and let “the chips” fall where they may? On Thursday, Jeffrey Gundlach, CIO and CEO of DoubleLine Capital, said that his newest idea was a short position...

Fast food can be hit-or-miss. Right now, Sonic Corp. (NASDAQ: SONC) is a hit. The Oklahoma City drive-in chain’s shares have climbed 70 percent since last spring, according to CNBC. And, the company reported second-quarter adjusted earnings of five cents per share on revenue of $111.1 million...