Despite Wall Street's record-setting ways, one market watcher is calling this bull market the most hated. But he added that it should not be.» Read More
Stocks closed sharply higher Thursday after EU leaders agreed on a final bailout package for Greece, in addition to an encouraging report on the Fed's mid-Atlantic manufacturing survey and some robust earnings reports.
Stocks gained across the board Thursday amid signs of progress on debt deals in Europe and U.S., in addition to an encouraging report on the Fed's mid-Atlantic manufacturing survey and some robust earnings reports.
Stocks rallied across the board Thursday after some positive economic news, a draft document showing plans for a wide-ranging response to the euro zone debt crisis, in addition to a handful of positive earnings news.
European banking stocks fell sharply Tuesday before starting to rebound, with Unicredit and Deutsche Bank among the top losers, on fears that sovereign debt crises in peripheral euro zone countries might spread.
Stocks ended near session lows Monday, posting their largest loss in about a month, as investors worried that Europe's debt crisis could spread to Italy and amid ongoing worries over the U.S. budget.
Stocks were on pace to post their largest loss in about a month Monday as investors worried that Europe's debt crisis could spread to Italy and amid ongoing worries over the U.S. budget.
Stocks traded off session lows Monday after President Obama promised he will meet daily with Congressional leaders until the debt debate gets resolved. However, fears over a contagion threat in the euro zone kept markets under pressure.
Futures tumbled further Monday pressured by Friday’s weak nonfarm payrolls report, which reignited fears of a slowdown and as Italian debt fears spooked markets.
Living Social, the number two competitor to the group-discount website Groupon, has selected the lead underwriters for a planned initial public offering, among them JP Morgan, Bank of Ameria and Deutsche Bank.
Also: Portugal raised $1.2 billion in a 3-month debt auction, a day after having their debt cut by 4 notches to debt by Moody's. The bad news is they paid a steep price: 4.96 percent. The Portugese stock market is down 2.6 percent this morning.
Investors slammed bank stocks on Tuesday after a relatively strong performance last week. Should you hold your nose and buy? Or run in the other direction?
Again, Europe’s biggest banks landed in the spotlight with investors again fearing the ripple from Greece.
Worries linger over European banks' exposure to Greek debt, with Scott Nations, NationShares.
Stocks ended lower Friday with the Dow and S&P closing down for the seventh week out of eight amid continuing jitters over the euro zone debt crisis.
Stocks slumped with the Dow and S&P on track for their third-straight day of losses Friday as uncertainty over the passage of a Greek austerity plan in addition to worries over Italian banks overshadowed a better-than-expected durable goods report.
The business community and Wall Street have come together to help America’s veterans. Thursday marked the first annual Veterans on Wall Street Conference, an event thrown to raise awareness of the value of veterans in the workforce. Twelve hundred veterans and their spouses turned out to the event at New York City’s Intrepid Sea, Air and Space Museum to meet with potential employers, network and learn job skills to help transition back into civilian life.
Stocks slumped across the board Friday, as uncertainty over the passage of a Greek austerity plan in addition to worries over Italian banks overshadowed a better-than-expected durable goods report.
Emerging Asia’s wealthy are getting richer twice as fast as their peers in other regions. For private banks, which generally seek clients with at least $1 million in investable assets, that sounds like a licence to print money. The FT reports.
The world's financial markets should take some of the blame for creating the precarious situation in Greece and the other troubled nations in the euro zone, Deutsche Bank CEO Josef Ackermann told CNBC Friday.
The talk of the second bailout of Greece is getting louder and louder. Greek Prime Minister Papandreou reshuffled his cabinet today appointed Evangelos Venizelos as finance minister, replacing George Papaconstantinou. Deutsche Bank’s CEO Josef Ackermann has been a leadership voice in the Eurozone on this issue. Maria Bartiromo spoke to Ackermann in a CNBC Exclusive about the implications of this bailout.