The Dow Jones Industrial Average shed 1.5 percent, ending the day firmly in bear-market territory. GM took a hit as one analyst raised the prospect of bankruptcy. Lehman Brothers rose.
Stocks moved lower midday as oil and heating oil moved up. The dollar was also weaker, as the ECB is set to raise rates tomorrow. The key event today was the weakness in leadership groups. Today coal and energy stocks were notably weaker on no real news.
The Dow closed higher Tuesday after GM surprised Wall Street with stronger-than-expected June sales and financial shares reversed earlier losses. What's the "Word on the Street?"
Stocks coasted to a positive finish, fueled by better-than-expected sales from General Motors, short covering and a pop in a manufacturing gauge, in what was a rollercoaster start to the first half.
There's no doubt we are in unconventional times. The big issues aren't going away: capital raising/writeoff worries for the financials, tapped out consumers, no clear bottom in housing, and global inflation.
Stocks ended mixed Monday, capping a dismal quarter and first half marked by rocketing oil prices and battered financials. The Dow is down 14 percent since the beginning of the year and ended the first half about 20 points from bear-market territory.
Cramer makes the call on viewers' favorite stocks.
For years, Southwest Airlines and JetBlue operated under self-imposed fare caps, promising travelers that no ticket would cost more than $299 one way, the New York Times reported.
China's state-owned aluminum giant Chinalco is keen to buy a range of global resource assets, and may consider raising its stake in global miner Rio Tinto, the Australian newspaper said on Tuesday.
The Dow closed higher after retreating oil prices and a tame reading of core U.S. consumer prices eased inflation fears. What's the "Word on the Street?"
With the CPI numbers coming in higher than expected and consumer sentiment coming in lower than expected, why are the markets up today? Maybe Friday the 13th has something to do with it...
Dylan and the gang get "Fast & Furious" in this new segment. Here's the Fast ways to trade tomorrow's market moving events!
Dylan and the gang are getting "Fast & Furious!" These are the "Fast" ways to trade tomorrow's market moving events.
Following are the day’s biggest winners and losers. Find out why shares of Big Lots and PetSmart popped while CSX Corp and Alcoa dropped.
Stocks tumbled Wednesday as oil's resurgence lit the fuse of inflation fears, pushing the Dow to a three-month low. Oil jumped about $5 a barrel, settling at $136.38. Financials were the hardest hit.
Stocks fell sharply as oil's resurgence fanned inflation fears and a downgrade on Alcoa dragged on the Dow. Oil jumped about $6.
Stocks opened lower as oil's resurgence fanned inflation fears and a downgrade on Alcoa dragged on the Dow. Oil jumped nearly $3, topping $134 a barrel.
While the markets are relatively calm this morning, inflation worries are still at the top of everyone's agenda. In China, a measure of inflation at the factory rose 8.2 percent in May, the highest in nearly four years, thanks to higher raw material costs. Inflation in Asia is a particular concern...
Stocks sagged Tuesday as traders mulled over Fed comments about strongly resisting inflation. What's the "Word on the Street?"