Wall Street

102022332-stock-chart.530x298

Despite four-straight down trading days, longtime stock bull Jeremy Siegel said Friday he feels more relaxed about the prospects for stocks than he did two weeks ago. The last time the Wharton school finance professor was on CNBC’s “Squawk Box,” a week before the Federal Reserve’s mid-March meeting, he said stocks may be in for …

101259584-Premium-Wall_Street_-_131210.240x160

Investors worried about a major downturn in the stock market can rest a little easier, the chief investment strategist at Strategas Research Partners said Friday on the heels of a four-day selloff in U.S. stocks. “You have time. If you’re looking for the big one, I think you have another year, two years. This might …

101259584-Premium-Wall_Street_-_131210.578x276

Something highly unusual, and potentially quite bearish, has just happened to the stock market. On Monday, Tuesday and Wednesday, the S&P 500 closed at the lows of the day in three-straight sessions. It is rare for stocks to close at the dead lows on any given day. Until Monday, it only happened once this year, …

101259584-Premium-Wall_Street_-_131210.240x160

Stocks, stuck in their own zigzag pattern near record highs, remain vulnerable to the whims of unusually volatile currencies in the week ahead. As financial markets adjust to the Fed’s latest guidance on rates, traders will be hyper-focused on any potential clues in economic data or central bank speak that would help clarify timing of …

Scott Mlyn | CNBC

The average Wall Street bonus rose 2 percent to $172,860 last year as the securities industry added jobs for the first time since 2011, the New York state comptroller’s office said Wednesday. Compensation climbed even as pretax profits at the broker-dealer operations of NYSE member firms fell 4.5 percent to $16 billion. “Industry profits were …

Rob Friedman | Getty Images

Wall Street has a clear message for CEOs: start spending all that cash. Nearly three-quarters of financial industry professionals think companies have “too much cash” or “way too much cash” rotting in the bank, according to the Convergex Corporate Cash Survey obtained Tuesday by CNBC.com. The technology sector was singled out as the most in …

Nasdaq’s secret surveillance room

Ever wonder how suspicious trades are detected? We’ll take you inside the Nasdaq’s secret surveillance room.

Scott Mlyn | CNBC
Pimco headquarters in Newport Beach, Calif.

Pimco said Friday that Paul McCulley has stepped down as chief economist and as a managing director, a role he had assumed in May at the request of Bill Gross, who was the investment firm’s chief investment officer at the time. The move comes just 10 days after Pacific Investment Management Co hired former Morgan …

Getty Images
Traders work the floor of the New York Stock Exchange.

We’ve seen a notable breakout, but still no signs of profit taking. It’s been one heck of a month for equities. Not only do we have historic highs in the S&P 500, S&P Midcap, and Russell 2000, but every major index is up 5 percent or so. Major Indices in February: NASDAQ: up 5.7 percent …

Buchachon | iStock | Getty Images

Wall Street has become quite familiar by now with cloud computing. The model of delivering services over the Web has gained so much momentum that public market investors, who traditionally parked their tech dollars with Microsoft, IBM, Oracle and Cisco, have dozens of new stocks to choose from if they want growth. But despite the …

Spies on Wall Street?

Eamon Javers sat down with the Assistant Attorney General for National Security, John Carlin, to discuss how foreign spies could be gathering information about Wall Street.

102227863-RTR25DW8r.578x276

Standard & Poor’s will pay more than $58 million to settle charges of fraudulent misconduct in rating mortgage bonds, the U.S. Securities and Exchange Commission said on Wednesday. S&P will also pay $19 million to settle cases filed by attorneys general in New York and Massachusetts. The SEC case relates to the ratings on certain …

What Wall Street wants from Congress

As the new Congress is sworn in, Wall Street has a list of things it wants lawmakers to get done.

David Paul Morris | Bloomberg | Getty Images
Renaud Laplanche, co-founder and chief executive officer of LendingClub.

We are heading into the end of the year, and this week we will see a spate of IPOs get pushed through the door. On Wednesday night, LendingClub, the largest peer-to-peer lending service, is seeking to price 57.7 million shares at $12 to $14 a share, which is up from $10 to $12 just two …

Daniel Acker | Bloomberg | Getty Images

As energy prices have been hammered in recent weeks, some of Wall Street’s biggest players are nonetheless ready to write billion-dollar checks to finance a nearly $16 billion Gulf Coast natural-gas project for Cheniere Energy, according to documents and people familiar with the matter. The commitments could put banks including JPMorgan Chase, Goldman Sachs, and Morgan Stanley …