Wall Street

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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 …

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Barclays became the first big Wall Street firm to upgrade a major oil stock in the wake of the crash in prices, a tentative sign that there may finally be some value in the energy patch following a slaughter in the sector’s shares. Barclays upgraded BP to “overweight” and called for the company to slash …

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December is traditionally a strong month, but as we begin we are getting: 1) more weak data from China, with PMI down to 50.3, the lowest reading since March. Many big material names like BHP Billiton were down big last week—about 10 percent—on concerns China’s growth is slowing. 2) more weak data from Europe, with …

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Two of the great darlings of momentum traders are reporting good earnings, but with sales growth slowing, they are getting hurt. Momentum trading is a fiscal business. Traders want revenue growth, preferably growth of at least 20 percent, but 30 percent or 40 percent is better. When earnings growth decelerates, it can be difficult. Look …

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Yesterday, the Fed upgraded its outlook for the U.S. economy and said it could hike rates sooner, depending on how closely the economic data improves. That’s why everyone was watching today’s first look at Q3 GDP. The headline number was stronger than expected at 3.5 percent. But below the hood, business and real estate investment …

Fed-fueled rally

Stocks jump as the Federal Reserve begins its two-day meeting. What do top economists think the Central Bank will do next?

Brendan McDermid | Reuters
Traders on the floor of the New York Stock Exchange, October 23, 2014.

The stock market is acting as if the mid-October swoon never happened, despite a general—and fairly recent—sense of caution on Wall Street. Strategists at JPMorgan and Bank of America Merrill Lynch released reports this week that, while overall bullish, told clients to prepare for more muted returns. Individual investors, though, don’t seem to be listening, …

Bull vs. Bear

The day after Wall Street’s wild ride, one of the biggest market bulls stands by his year-end target of 2300 on the S&P 500.

Adam Jeffery | CNBC
A trader works on the floor of the New York Stock Exchange as the Alibaba Group IPO goes public.

Call it coincidence if you will, but the biggest initial public offering of all time also happened to hit Wall Street the same day the stock market peaked. Almost at the exact moment, actually: Just eight minutes after Alibaba‘s much-ballyhooed Sept. 19 IPO—which soared at the start but fizzled soon after—hit the market, the S&P …

Wild day on Wall Street

The Dow Industrial Average fell as much as 460 points. The yield on the 10-year fell below 2%. What does it mean for your stock and bond investments?

Brent Lewin | Bloomberg| Getty Images

The high-profile departure of Bill Gross has cost Pimco another customer. As the fallout continues since Gross left the Newport Beach, California-based asset manager last month, the Arkansas Teacher Retirement System said it has cut ties, according to a report in Pensions & Investments. Pimco had managed about $475 million for the fund as part …

Brendan McDermid | Reuters
Trader on the floor of the New York Stock Exchange.

It’s been a rough two weeks for the markets, and pessimistic gauges are in the danger zone. Indexes have been down on several concerns, principally growth fears stemming from Europe and China, and now Ebola. This has been balanced against a number of positive developments: 1) Improving U.S. economy; 2) Low inflation; 3) Accomodative central …

What’s driving the selloff?

Stocks tumbled just one day after the biggest rally of the year, making this the most volatile stretch for the market since 2011.

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A trader works on the floor of the New York Stock Exchange.

A lot of strategists seem a bit nervous that more economic data will come in lower than expected. Thus far, their fears seem well-founded. This morning saw a flurry of disappointing data: consumer confidence for September came in at 86, well below expectations of 92.6. Separately, September Chicago PMI, a measure of manufacturing activity in the Chicago …