Stocks sold off on concerns about the global economy, but the real worry for the market is the second-quarter earnings season.
As stock markets around the world fell amid a sell-off, many investors were pointing fingers at Portugal. Here's why.
Shares in one of Portugal's main banks, Banco Espirito Santo, were suspended from trading after dropping another 17 percent, Dow Jones reported.
Stocks declined Thursday, tracking European shares, on worries about one of Portugal's top banks.
"All I know is that I disassociate from this," the company's former auditor told CNBC.
The selloff in world markets Thursday because of concern over banks in Portugal is "relatively serious," trader Jim Iuorio says.
New U.S. claims for unemployment benefits fell last week to one of its lowest levels since before the 2007-09 recession.
After Brazil's brutal World Cup loss, its populace could focus on the tournament's costs amid a flagging economy.
With the stock market recently at all-time highs, it's more attractive to sell than buy, said private-equity billionaire Wilbur Ross.
Some of the names on the move ahead of the open.
Costco Wholesale reported a 6 percent rise in June same-store sales that beat analysts' estimates, helped by higher fuel prices.
Crumbs' failure should not surprise anyone. Many faddish food chains have briefly tasted success, only to later grow stale. Here's a list.
Global equity markets slumped Thursday amid concerns over U.S. economic growth and weaker-than-expected data from China and the euro zone.
The wildly popular "Game of Thrones" TV series could also help re-establish Croatia's reputation as a location for film making.
Increasing demand from low-cost airlines and booming airline travel in Asia – China in particular – drove Boeing to raise its forecast for new planes.
A surge of Republican pressure is bringing the Fed's long-held independence into question again.
U.S. stock index futures indicated a sharply lower open, despite relatively dovish minutes from the Fed, amid earnings caution.
European stocks ended the day lower with peripheral stocks leading the declines, as Portugal's PSI 20 Index fell over 4 percent.
Indian PM Modi's new government unveiled a budget it said can revive growth after the longest slowdown in 25 years even while curbing borrowing.
China released improved trade data that missed expectations on Thursday, figures that suggest external demand remains weak and domestic recovery fragile, analysts say.