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  • Asia Suffers Selloff, Tokyo and Seoul Shed 2% Thursday, 26 Jun 2008 | 8:21 PM ET

    Asia experienced a selloff across the board, led by Shanghai's 5 percent tumble, after shares plunged on Wall Street and oil prices shot above $140 a barrel, fanning investors' fears of high inflation and slowing economic growth. Japan and South Korea finished 2% lower.

  • Dealing With a Decimated Dow Thursday, 26 Jun 2008 | 6:30 PM ET

    Cramer offers his plan of action to handle a 358-point decline.

  • Safety In Pairs Thursday, 26 Jun 2008 | 6:16 PM ET

    Is a long/short strategy suggested by the likes of Goldman Sachs Thursday the right trade in this market?

  • Dow Plunges To New 2008 Low Thursday, 26 Jun 2008 | 5:44 PM ET

    Who needs theme park thrill rides when you’ve got Wall Street. The Dow tumbled by 358 points after oil climbed to $140 for the first time ever. What's the "Word on the Street?"

  • Dow Ends Near 2-Year Low and Bear Territory Thursday, 26 Jun 2008 | 4:53 PM ET

    The Dow closed at its lowest level in nearly two years after a downgrade on brokerage stocks and a slew of weak earnings and economic reports.  Several Dow components and several financial stocks hit multiyear lows, with the biggest shock coming from GM, which fell to its lowest in more than 50 years.

  • Dow Tumbles 300 Points as Oil Tops $140 Thursday, 26 Jun 2008 | 3:21 PM ET

    The Dow dropped to its lowest level in nearly two years after a downgrade on brokerage stocks and a slew of weak earnings and economic reports.  Several Dow components and several financial stocks hit multiyear lows, with the biggest shock coming from GM, which fell to its lowest in more than 50 years.

  • Banks Send Euro Shares to Lowest Close Since 2005 Thursday, 26 Jun 2008 | 12:58 PM ET

    European shares fell to their lowest close since October 2005 on Thursday, with banks the heaviest-weighted losers after a bearish note from Goldman Sachs reignited fears of further losses in the sector.

  • Dow Drops to Lowest in Nearly 2 Years Thursday, 26 Jun 2008 | 12:07 PM ET

    The Dow dropped to its lowest level in nearly two years after a downgrade on brokerage stocks and a slew of weak earnings and economic reports.  Several Dow components and several financial stocks hit multiyear lows, with the biggest shock coming from GM, which fell to its lowest in more than 50 years.

  • Fresh Wave of Downgrades Slams Financial Sector Thursday, 26 Jun 2008 | 11:19 AM ET
    Citigroup Center

    Citigroup may suffer $8.9 billion of second-quarter writedowns, forcing it perhaps to cut its dividend again, while Merrill Lynch may incur $4.2 billion of writedowns, Goldman Sachs analyst William Tanona wrote on Thursday.

  • Looks Like Downbeat Day For Market Thursday, 26 Jun 2008 | 10:12 AM ET

    So let's see, we have problems: 1) it's another beat-up-the-brokers day, let's take the estimates down (see below); 2) With the Fed out of the way, it is now all about second half earnings and guidance. Several important companies have been notably downbeat on their outlooks today:

  • Stocks Open Lower After Downgrade on Brokers Thursday, 26 Jun 2008 | 9:41 AM ET

    Stocks tumbled out of the gate Thursday after a downgrade on brokerage stocks and disappointing earnings from two tech giants.

  • Citigroup, Merrill Losses May Widen: Goldman Sachs Thursday, 26 Jun 2008 | 7:37 AM ET
    Citigroup Center

    Citigroup may suffer $8.9 billion of second-quarter writedowns, forcing it perhaps to cut its dividend again, while Merrill Lynch may incur $4.2 billion of writedowns, Goldman Sachs analyst William Tanona wrote on Thursday.

  • Herb On The Street: Overstock Outrage Wednesday, 25 Jun 2008 | 10:51 PM ET

    Overstock.com and its outspoken leader are going after some big fish on Wall Street. Overstock Chief Executive Patrick Byrne has filed a $3.4 billion lawsuit against brokerage firms alleging a “massive, illegal stock market manipulation scheme.”  The suit has left some power players fit to be tied, including Marketwatch.com columnist Herb Greenberg. As fate would have it, our cameras were rolling on Greenberg's fit.

  • Postbank Draws European Interest as Germans Cool Wednesday, 25 Jun 2008 | 1:11 PM ET

    Deutsche Postbank shares rose  6.8 percent on Wednesday on a tide of European bank takeover speculation even as German banks signaled unwillingness to overpay for the country's biggest retail lender.

  • Citi Mulls Return to 'Any Reason' Credit Card Hikes Wednesday, 25 Jun 2008 | 7:45 AM ET

    The company is quietly reconsidering its pledge not to raise interest rates on cards at any time, for any reason ... like being late on an unrelated bill, the New York Times reports.

  • CNBC Top Videos of the Day: Energy Worries Reign Tuesday, 24 Jun 2008 | 6:35 PM ET

    Energy concerns weighed heavily on Wall Street on Tuesday. What follows are the day's video highlights.

  • Stock Rally Fizzles but Financials Still Shine Tuesday, 24 Jun 2008 | 5:06 PM ET

    Stocks ended lower as a midday rally fizzled by the closing bell. Financials held onto modest gains.

  • Stocks Recover, Led by Battered Financials Tuesday, 24 Jun 2008 | 2:27 PM ET

    Stocks moved higher as a fallback in oil prices and a recovery in financial shares helped reverse an earlier decline.

  • Stock Market: Is It Over Sold? Tuesday, 24 Jun 2008 | 12:31 PM ET

    Strategas Research analysts today say the market looks oversold and could be setting up for a short-term rally. In a note today, the firm looked at the record level of short interest and other factors. Last week, the percent of short interest on the NYSE was at 4.2 percent, an all time high.

  • Stock Prices Recover From Morning Selloff Tuesday, 24 Jun 2008 | 9:52 AM ET

    Stocks moved higher as a fallback in oil prices and a recovery in financial shares helped reverse an earlier decline.