BEIJING— The price of oil edged down Monday but stayed above $104 per barrel as investors watched simmering tensions in Ukraine. U.S. crude for May delivery was down 12 cents at $104.18 in electronic trading on the New York Mercantile Exchange after trading resumed following a three-day holiday weekend.» Read More
The Dow closed lower on Wednesday as nervous investors found it difficult to muster enthusiasm ahead of the Senate’s vote on a revamped $700 billion rescue plan.
Stocks ended lower Wednesday amid concerns about strained credit markets and the economic slowdown. Banks rallied as investors were encouraged by progress on bailout talks on Capitol Hill. GE got a vote of confidence -- to the tune of $3 billion -- from Warren Buffett.
Stocks declined Wednesday as disappointing economic data added to the weight on investors shoulders over the strained credit market and haggling on Capitol Hill.
Stocks opened lower Wednesday, with investors at the mercy of progress on the proposed government financial bailout package.
Stocks looked set to start Wednesday in the red with investors at the mercy of progress on the proposed government financial bailout package.
Once more, it's the noise coming from Washington Wednesday that could drive markets. Hope that the bill would be resuscitated before the end of the week is sending stocks higher.
A day after Congress fails to pass the bailout bill, economists gather to discuss what went wrong, the significance of the plan and its financial implications. Plus, car dealers face the heavy pressures of the credit crunch. Following are today's top videos:
Time for a Web Extra edition of the Fast & Furious trades. Find out how to play oil, Micron earnings, the start of Q4 and more.
Small caps were dumped with everything else on Monday, but the fact they were not as battered as bigger stocks may be a sign they will continue to outperform. That's the view of Lori Calvasina, a Citigroup strategist who follows small- and mid-cap stocks.
All major U.S. Indices end the third quarter on a historic note. The Dow and S&P 500 had their fourth consecutive quarterly drop, tumbling 4.40% and 9.01% respectively. The NASDAQ Composite fell the most among the major Indices for the quarter, down 9.19%.
As the calendar flips over to October many traders become eager to get long nat gas ahead of winter. But lately this trade has been a widow maker...
Rick Dillon wants his firm removed from the SEC's "no-short" list. He told CNBC why short sellers are healthy for his business—and offered his fund's favorite stock now.
Tuesday promises more treachery for investors as they navigate markets held captive by politicians and the promise of a rapidly faltering economy.
Call it the Prius Principle. Toyota's Prius was not the first hybrid, nor, you could argue, was it the best gas-electric car in terms of performance. Still, ask 90% of America about hybrids and Prius is the first thing they mention.
It was bailout or bust for the markets , but now that Congress has reached agreement on the $700 billion package the focus will shift to the weak economy.
The state of the financial markets' bailout and the credit crunch are dual concerns for investors in the week ahead.
On a week with mounting anxiety over a $700 billion financial bailout plan, following regulators' decision to seize Washington Mutual in the biggest bank closure in U.S. history; the Dow, S&P and NASDAQ fell more than 2% for the week, but ended mixed on Friday.
For the week ending Friday, September 26, 2008, the major U.S. Indices tumbled for the week as uncertainty lingered over the Congressional $700B bailout package. We also witnessed a historic bank failure, unsatisfying housing data, a continued rise in jobless claims, and a record one-day gain in the price of crude. The S&P 500 and NASDAQ Composite shed more than 3% for the week. The NASDAQ had the worst weekly performance amongst the three major indices, losing 3.98%, followed by S&P 500 which lost 3.3%, marking their biggest weekly drops since the start of Sept. for the NASDAQ & since mid May for the S&P.
Wall Street's wild ride promises to continue as Congress wrangles over details of a financial markets bailout, and investors assess the government-brokered deal for Washington Mutual.
Venezuelan President Hugo Chavez was due in Moscow on Thursday, his second visit within months as Russia increases its ties with the U.S. foe after fighting a war against American-allied Georgia.
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