Stocks had a wobbly start to the first half as a $3 jump in oil prices and selloff in European banks rippled through the market.
Stocks plunged at the opening bell as a $3 jump in oil prices and selloff in European banks rippled through the market.
Wall Street looks set to start July just like June -- with red arrows. U.S. stock index futures pointed to a lower start after wrapping up the worst first-half of the year since the first half of 1970 on Monday.
Lehman Brothers has fought off yet another spate of rumors about its condition, the latest being the investment bank was set for a fire sale similar to the one that hit Bear Stearns.
Here's to a better second half. We could use it. You've heard the superlatives. The market has had its worst first half since 1970. Think men on the moon and bell bottoms, and GM shares trading higher than they are now. Ouch.
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.
The Fast Money traders reveal their best second half trades.
Stocks limped to the finish of an ugly week on Wall Street, with the Dow touching bear territory and the broader market continuing to be battered by a double dose of surging oil and a fresh round of banking troubles.
Is a long/short strategy suggested by the likes of Goldman Sachs Thursday the right trade in this market?
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.
Stocks fell sharply Friday, with volatility expected to remain high due to the expiration of options, oil prices continuing their climb and bank worries slamming the financial sector.
Stocks fell sharply Friday, with volatility expected to remain high due to the expiration of options, oil prices continuing their climb and bank worries slamming the financial sector.