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The Dow and S&P clawed back into positive territory at the close Wednesday, adding to the sharp rally from the previous session, but gains were limited over renewed fears over the euro zone debt crisis.
Shares of Eastman Kodak dropped as much as 32.8 percent Wednesday following a Wall Street Journal story that the company is preparing for a possible bankruptcy filing.
Futures pulled back Wednesday, after a strong start to the New Year, as investors turned their focus once again to the euro zone's debt concerns.
In the coming year, one writer from TheStreet.com expects considerable buzz generated from new Apple gadgets and a new Microsoft Windows operating system and details his predictions for the top five business tech trends.
Wall Street stocks closed higher Friday as the S&P 500 rallied for a fourth straight day and turned positive for the year after a run of better-than-expected economic data.
U.S. stock index futures pared gains Friday after mixed data on U.S. durable goods orders and consumer spending.
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Stocks eased off their worst levels, but still finished lower in another thin, volatile session Thursday as investors sifted through a handful of headlines from the euro zone and after the S&P breached a key technical level.
CNBC spoke with attorney Gary Rosenbaum on what Kodak needs to do now.
Futures extended their gains in volatile pre-market trading Thursday after the ECB unexpectedly cut its interest rate and following talks the Greek government might collapse, thus avoiding a referendum on its euro zone membership and easing concerns about an imminent default.
Stocks ended near session highs Friday following news that a group of euro zone finance ministers have approved the next round of aid for Greece and amid optimism over the euro zone ahead of the EU summit on Sunday.
Eastman Kodak's shares continued to trade with heavy volatility as the imaging company explores ways to shore up its financials. Its stock has swung wildly after Kodak hired Jones Day for restructuring advice.
October is known as the jinx month because of crashes in 1929, 1987, Friday the 13th in 1989 and the financial meltdown in 2008. Yet, according to the Stock Trader's Almanac, October is a "bear killer" and turned the tide in 11 post World War II bear markets.
Stocks kicked off the new month and quarter with a thud Monday, led by financials, as worries over Greece continued to spook investors and overshadowed a pair of better-than-expected economic news. The Dow and S&P closed at their lowest levels in over a year.
Amid all the chatter of Kodak possibly going into Chapter 11 bankruptcy protection, one thing is clear in the company's home town, Rochester, N.Y.: No one's surprised.
CNBC's Brian Shactman has the story on speculation mounting that Eastman Kodak may be filing for bankruptcy, while the company pushes back by saying there is no plans for bankruptcy.
Futures slipped Monday as European shares tanked following news that Greece will miss a budget deficit target for this year that was set only months ago.
Stocks closed out the worst quarter in almost three years amid fears over the global recovery and finished near session lows for the day as investors were reluctant to stay long ahead of the weekend.
Discussing the prospects of a successful turnaround at EK after the company hires lawyers to help it restructure, with Gregory Charleston, Conway MacKenzie.