The lack of volume in this market might make it hard for the rally to continue, says veteran trader Art Cashin.» Read More
The Justice Department is investigating whether a Citigroup unit failed to alert the government about suspicious banking transactions along the U.S.-Mexico border.
Blythe Masters, who will leave JPMorgan Chase, is under investigation by prosecutors in Manhattan, Bloomberg reported.
The bond market does not appear to setting off major alarm bells, David Joy, chief market strategist of Ameriprise Financial, told CNBC on Friday.
Companies making headlines Friday.
Activist investor Carl Icahn and eBay chief executive John Donahoe named a banker at JPMorgan Chase, as the one who ended their ugly battle.
Even if the market manages to bounce Friday, "I would be careful here," one technical analyst says.
A change in the executive suite at Zynga is among the headlines after the bell Thursday.
It's Talking Squawk, the official "Squawk Box" blog, this week with Bill Miller on bitcoin, a truce between eBay and Carl Icahn, and Sam Zell on taxes.
Fidelity Investments is working with other asset managers to create a new trading platform aimed at lowering costs for its customers.
This ETF has been the tip of the arrow when it comes to trading momentum stocks.
Some of Thursday's midday movers:
Recent strong demand for relatively risky bonds from Puerto Rico, Greece and Spain adds to the case that investors are reaching for yield.
A dovish Fed managed to reverse market perception that it would be more aggressive with rate hikes and spun the onus back to the economy.
Companies in the news before the bell:
If there were any remaining doubts about investors' "reach for yield," today's Greek bond news should lift them, writes Mohamed El-Erian.
Significant underperformance coupled with the exit of high-profile CEO Mohamed El-Erian caused Gross to re-evaluate the way he was running the firm.
A New York judge is set to sentence SAC Capital after it pleaded guilty to criminal fraud charges in a $1.8 billion deal with the government.
The Fed's drive to wean Wall Street off risky funding sources is expected to bring more pain to the biggest U.S. banks in the coming months.
PriceSmart and Bed, Bath & Beyond are among the companies making headlines after the bell Wednesday.
Noted stock picker Bill Miller said he believes the bulls will be running hard for the foreseeable future.
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