Today marks six years since the 2009 stock market bottom. Since then, the Dow has risen 173 percent, the S&P 500 has added more than 206 percent, while the Nasdaq has gained more than 288 percent. (AP) |
U.S. stock futures were weaker in early trading, after Friday's drubbing on concerns about a sooner-than-expected Fed interest rate hike in the wake of surprisingly strong February jobs numbers. (CNBC) |
Those Fed rate worries also hit gold prices, which suffered their biggest single-session drop on Friday since December 2013. Gold firmed early Monday, but languished near three-month lows. |
Oil will reverse recent gains as global inventories begin to increase again, with U.S. crude likely to drop as far as $40 a barrel in the near-term, Goldman Sachs predicted. Prices were mixed this morning. (CNBC) |
Gasoline rose 21 cents in the past two weeks, with the average hitting $2.54 a gallon, according to the closely watched Lundberg survey. Prices bottomed out Jan. 23, but they're still nearly $1 lower than a year ago. (Reuters) |
Apple (AAPL) CEO Tim Cook is expected this afternoon to demonstrate the Apple Watch, and make the case for why it's a must-have. The device, which was teased in September, is set to hit the market next month. (AP) |
General Motors (GM) is ready to disclose plans to return billions of dollars to shareholders, a move that is expected to avoid a potential proxy fight with activist investor Harry J. Wilson. (WSJ-subscription) |
Federal investigators suspect potential brake problems caused a Delta Air Lines (DAL) jet to skid off a snowy runway last week at New York's La Guardia Airport. (WSJ) |
The three biggest companies that collect and disseminate credit information on more than 200 million Americans will change the way they handle errors and list unpaid medical bills. (WSJ-subscription) |