U.S. stocks fell on Tuesday, driving the Dow industrials to the biggest drop since June 21, as weak results from index members DuPont and United Technologies showed profit growth is slowing.
The short-term investors may account for most of the daily trading volume in stock markets, but slow and steady usually wins the investment race. The trick is to identify stocks likely to perform well over a period of years -- or even decades. Here are three strong options.
With corporate earnings season in full swing -- watch for McDonalds, along with Catepillar, Amazon and other -- and with the Fed meeting on interest rates, the GDP estimate and housing numbers coming out -- the week ahead is expected to be quite busy.
It's been a long time since the DJIA reflected just America's smokestack economy. But today's economic rebound is being led so far by manufacturers. And if you plot those Dow components as a group, you'll see they're leading the larger pack by far.
China and other emerging markets will be a growth story for a long time to come, creating opportunity for American companies and investors. Nikhil Hutheesing and Dan Burrows face-off in this video about which U.S. stocks stand to benefit the most.
The Dow surged nearly 200 points, while inflation fears propelled gold to another record close. The Institute for Supply Management said its services index rose to 53.2 last month from 51.5 in August. Economists had expected the measure to rise to 52.
American manufacturers of weapons and aerospace systems could face a backlash from China over a $6.4 billion weapons deal between the U.S. and Taiwan. The People's Republic says it will impose sanctions on the companies involved, adding another layer to U.S.-China friction.
Stocks rallied on the first trading day of the new year as manufacturing data at both home and abroad bolstered the case for the global economic recovery.
United Technologies makes elevators, air conditioning systems and jet engines -- all of which emerging markets need as their economies develop. The stock is riding the global recovery and has room to run.