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Stocks ended higher Wednesday as a surge in the final minutes of trading pushed all three indexes in positive territory.
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Stocks advanced Wednesday after a pair of better-than-expected economic numbers. New-home slaes rose more than expected and durable-goods orders unexpectedly rose, snapping a six-month slide.
When AIG's CEO, Edward Liddy, testified before Congress last week, we took a look back at the company's historical quarterly financials to identify when the proverbial "writing on the wall" could have been first seen. Here is a screen looking for companies that have had increasingly stronger and stronger 10-Q reporting.
Futures advanced Wednesday after an unexpected rise in durable-goods orders snapped a six-month slide.
Stocks ended a choppy session sharply lower Tuesday as investors regrouped after the prior session's blockbuster rally.
Stocks retreated Tuesday, despite good news continuing from the banking sector, as investors took a breather after Monday's surge.
US stock index futures pointed to a lower open for Wall Street Tuesday after Monday's rally, despite good news continuing from the banking sector, with fears over the health of the world economy resurfacing and investors locking in some gains after the previous session's jump.
Stocks rocketed higher Monday as investors cheered details of the government plan to mop up toxic assets from banks' balance sheets.
Stocks shot out of the gate Monday as investors cheered details of the government plan to mop up toxic assets from banks' balance sheets and after a better-than-expected housing report.
US stock index futures pointed to a higher open for Wall Street Monday as investors were eager for details of a plan to buy toxic assets by the government.
Stocks ended a strong two-week run with a thud Friday as financial stocks took a beating and weakness seeped into other sectors.
In a week dominated by outrage over Wall Street bonuses, TALF funding, and the Fed buying government debt, the markets managed to maintain a positive weekly gain for the second consecutive week, running with all indexes up about 1% or greater.
Stocks were mixed Friday after a strong two-week run as financial stocks continued to struggle as some investors locked in profits. Still, Wall Street could close with its first string of consecutive positive weeks in nearly a year.
Stocks looked set to extend losses at the opening bell Friday, with financial stocks still struggling in global markets and the administration and lawmakers grappling with the fallout over bonuses paid out at American International Group.
The Federal Reserve fueled the rally on Wall Street Wednesday after the central bank announced a plan to buy U.S. debt.
There are a lot of eyes on AIG's CEO, Edward Liddy, today as he testifies in Washington before Congress. AIG has fallen over 98% since late 2007 and although Liddy has not been at the helm since then, there are many questions investors and government officials have as to what was known when. From an investor standpoint, it is a case study in understanding a company's financials.
Stocks opened lower Wednesday, retracing the previous session's rally, as investors were jittery ahead of the AIG CEO's appearance on Capitol Hill today and the Federal Reserve's statement after a two-day meeting.
Stock index futures pointed to a lower opening Wednesday, following the previous day's rally, as investors remained wary for AIG's chief executive to step up to Capitol Hill and the Federal Reserve to conclude its two-day monetary policy meeting.