Berkshire Hathaway disclosed a $4.48 billion stake in oil refiner Phillips 66, rebuilding a bet it had made in the energy industry before oil prices fell.» Read More
Stocks worldwide extended their slide even after Central Banks around the world coordinated emergency rate cuts earlier in the week in an effort to help unfreeze the credit markets, and soothe the financial sector. The Dow had its worst week ever in terms of points as well as percent drops, losing 1874 points or down 18.15%.
After trading in a 1,000-point range for the first time ever, stocks ended the day with a whimper, closing slightly lower amid hopes that the holiday weekend could bring good news.
The Dow's market cap fell by -7.60% or $237B in one day, from Wednesday's close to Thursday's close.
October 9, 2007 -- it felt like any other day on Wall Street. But it wasn't...
The Dow Jones Industrial Average has tumbled 2,272 points in the last seven trading sessions. Ironically, today marks the one year anniversary of the market peak for the Dow and S&P 500. Here is where the markets stand during this historic times.
Certainly it has been a rough year for the markets. Exactly one year ago today, the Dow Industrials and S&P 500 both closed at record highs. Since that day, the Dow has plummeted nearly 5,000 points, and the S&P has dropped a more impressive 600 points.
Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!
The Dow pared its massive loss in the final hour of trading Monday after fear that the credit crisis is spreading rippled through world markets. The blue-chip index ended down about 370 points, after being down as much as 800 at one point.
Aikman has been among the smarter of the athlete businessmen out there, so I thought that with the economic downturn it would be a good time to talk with him.
The Dow dropped below 9,600 Monday after global markets took a pounding amid fear that the credit crisis is spreading around the globe.
The Dow dropped below 9,900 Monday after global markets took a pounding amid fear that the credit crisis is spreading around the globe.
Energy stocks have gotten hammered recently, but Scott Richter, of the Fifth Third All Cap Value Fund, sees opportunities in the sector.
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.
The House rejected the Wall Street bailout bill and the market screamed, selling off frantically until the Dow was left with its biggest one-day point drop ever. "This is panic and ... fear run amok," Zachary Karabell, president of River Twice Research told CNBC. "Right now we are in a classic moment of a financial meltdown," he said.
Cramer makes the call on viewers' favorite stocks.
Stock-market investors prefer bulls -- but is it time to get back in? Harbor Advisory CIO Jack DeGan suggests that value investors take half a position in some stocks now, and wait to invest the rest. (Part 2)
Stock-market investors prefer bulls -- but is it time to get back in? Harbor Advisory CIO Jack DeGan suggests that value investors take half a position in some stocks now, and wait to invest the rest. (Part 1)
Following are the day’s biggest winners and losers. Find out why shares of SanDisk and Newmont Mining popped while Exxon Mobil and Nortel Networks dropped.
Wall Street suffered another beating Wednesday at the hands of investors panicking over the state of large banks, as they flocked from stocks and sent safe-haven areas like gold soaring.
The Dow and S&P 500 fell over 4.5% today, while the Nasdaq composite dropped 3.6%, as concerns over the health of the financial sector intensified following the decision of Lehman Brothers to file for Chapter 11.