×

Stocks Citigroup Inc

  • Stocks declined as investors digested what's going on at the congressional hearings on the bailout. Lowered analyst outlooks dragged on General Electric and bank stocks.

  • islamic_bonds.jpg

    The world's fastest-growing debt market has hit the skids in part because leading Islamic scholars began to question whether some popular Islamic bonds, or sukuks, followed Islamic law, said Portfolio.com

  • Stocks advanced as investors breathed a sigh of relief that congressional hearings on the bailout are underway. But banks took another hit after a prominent analyst lowered her outlook for the sector.

  • Futures are down slightly, but that has little meaning these days. Many traders feel that yesterday's drop was due to: 1) distortions in price discovery created by the changing short sale rules; 2) the realization that many banks are still undercapitalized.

  • The scorching volatility ripping through financial markets is not likely to let up while details of the government's rescue plan are being worked out.

  • baseball_field_1.jpg

    It’s information that’s hard to confirm, but one ticket broker with knowledge of spending by investment banks on sports tickets told me that Lehman Brothers most likely purchased the most seats to games out of all the investment banks.

  • 080922 Yankees.jpg

    As I watched Yankee legends and their families take the field last night before the final game at the 85 year old House that Ruth Built, I was amazed again by how many winning years they have had. 26 World Series Championships in 85 years - the most wins of any professional sports franchise in history.  Did the positive energy from the wins flow down the East River to Wall St. and lift the markets those years?

  • For many assets, pricing is already being done, and this is the value of that rule last year that required mark-to-market accounting. We have recently seen marks on many portfolios of CDOs.

  • The Dow had it's 5th consecutive day of triple digit moves on Friday for the first time since January 28, 2008.  This was the 10th time in its history that it went five days or more with +/- 100+ point moves.  Will the streak continue?

  • After hours CNBC’S Steve Liesman reveals late details of the government's plan to rescue the financials.

  • This week's wild ride on Wall Street literally mimicked a rollercoaster ride: a couple of stomach-turning drops before coasting to the end and dropping you off exactly where you started.  After being down by nearly 1000 points at Wednesday's close, the Dow clawed back those 1000 points in the following two days leaving the blue-chip index off just about 40 points from where it ended last Friday!

  • This week's wild ride on Wall Street is starting to look like just that — a ride — because the Dow is on track to end roughly where it was last Friday.

  • Stocks shot out of the gate like a rocket Friday after the Federal Reserve, Treasury and SEC jumped in to triage the meltdown in the banking system with measures including a ban on short selling in financials.  The Dow jumped more than 300 points higher at the open.  Brokerages and banks roared higher, with Goldman Sachs, Merrill Lynch, Morgan Stanley, Wachovia and Washington Mutual all up more than 30 percent.

  • Federal Reserve

    In the financial services industry of the future, too big to fail may be both a bigger understatement and bigger possibility than today – and at no small cost.

  • Stocks shot out of the gate like a rocket Friday after the Federal Reserve, Treasury and SEC jumped in to triage the meltdown in the banking system with measures including a ban on short selling in financials.  The Dow jumped more than 300 points higher at the open.  Brokerages and banks roared higher, with Goldman Sachs, Merrill Lynch, Morgan Stanley, Wachovia and Washington Mutual all up more than 30 percent.

  • Wall Street was poised for a big Friday at the end of a rollercoaster week after the Federal Reserve, Treasury and SEC jumped in to triage the meltdown in the banking system with measures including a ban on short selling in financials.

  • Remember, it's a quadruple witching expiration (expiration of stock and stock index options, and stock and stock index futures). The S&P 500 options stopped trading at the CLOSE last night, however the settle price is at the OPEN this morning.

  • CNBC's Maria Bartiromo discusses Thursday's wild market ride and rally, and looks ahead to Friday's events.

  • While the debate is on whether stocks are at a bottom, there might be a silver lining to the current financial crisis. Wednesday marked the 12th time the Dow & S&P have both been down by more than 7% over the same 3-day period. Whenever that's happened in the past, it's usually been followed by major increases--even a month later.

  • The Mad Money Wall of Shame has been eerily predictive of which company bosses are most likely to take a permanent vacation.