US stock index futures pointed to a strong open Thursday as investors grew more comfortable with the government's plans for the nation's banking system. But a pair of dismal economic reports made a slight dent in gains.
A new deal between Citigroup and the government to shore up capital at the bank could be big news Thursday, but General Motors may also drive sentiment when it reports billions in losses ahead of the opening bell.
In this Web Extra find out how the traders are gaming earnings from Nasdaq, The Gap, General Motors and more.
Following are the day’s biggest winners and losers. Find out why shares of JPMorgan and General Motors popped while Deere and Allstate dropped.
Stocks declined Wednesday as a late warning from President Obama about stricter oversight for Wall Street knocked major indexes off their highs for the day.
Don't expect to see any Morgan Stanley executives or clients at the PGA Tour event they sponsor in June. If they show up at The Memorial Tournament presented by Morgan Stanley, they'll be paying their own way.
Everybody's a critic when it comes to fixing this economy. But it takes a real "Macho Man" to get this economy humming again. Well, a "Macho Man" impersonator, anyway.
Tuesday afternoon Ford took another huge step in showing it's committed to cutting costs and "sharing the pain".
General Electric this past week, hit a 14-year low, dropping below $9 over concerns about its real estate holdings. One could say GE's staging a general retreat. Many Charting Asia readers have requested a chart of GE. You get your wish in this column.
Fresh off his objection of Northern Trust's spending this past weekend, Rebecca Jarvis and I interviewed House Financial Services Chairman Barney Frank to talk about how companies that have taken bailout money should advertise.
Investors enjoyed a Fat Tuesday of their own, reclaiming most of the prior session's losses, after Fed Chairman Ben Bernanke indicated that all-out bank nationalization wasn't part of the goverment plan.
An Obama administration task force considering the fate of General Motors and Chrysler is discouraging bankruptcy protection as an option for the struggling companies, two senators said Tuesday.
Executives with Wachovia and Buick better start scaling back now because this much is now clear: If you or your parent company are receiving federal funds as part of the bailout, having big bashes and spending big money at sporting events is no longer acceptable.
Remember when Barack Obama was campaigning for President and he went to Detroit with a very unpopular message in Motown? In essence he told an audience filled with auto execs it was time for them to start building fuel efficient vehicles, hybrids, and models that would lead Detroit out of its money losing ways.
Finishing the day at 7,114.78 yesterday, the Dow closed at its lowest level since May 7, 1997. 7 of the 30 current Dow components were not in the index when the Dow last saw these levels.
The development boom that turned Poland, Hungary and other former Soviet satellites into some of Europe’s hottest markets is on the verge of going bust, raising worrisome new risks for the global financial system that may ricochet back to the United States.
The Dow and S&P slumped to 11-year lows on Monday as investors lost faith that the U.S. government will be able to stabilize the financial system.
Stocks fell flat as investors grew more confident that the government will stabilize the battered financial sector, but technology remained weak.
The man many thought would be "Car Czar" will now be leading the task force looking at how to fix General Motors and Chrysler. Steven Rattner is joining the Obama team as counselor to Treasury Secretary Timothy Geithner.
As the Dow now contains five stocks under $10 (GM, C, BAC, AA, & GE), the Dow Industrials index has come under greater scrutiny on whether it is still a good gauge of the overall market.