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  • 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.

  • 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.

  • 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.

  • Powering Your Portfolio: Uranium Thursday, 26 Jun 2008 | 9:03 AM ET

    The uranium sector is due for a rebound and investors can profit from this by buying either miners or companies building nuclear power plants, according to Peter Howe, head of trading at Helvetia Wealth.

  • 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.

  • Inflation: Firms Passing On Higher Costs Wednesday, 25 Jun 2008 | 9:51 AM ET

    AmEx just out with comments, saying "We have seen credit indicators deteriorate beyond our expectations" and it was "too early to assess the impact of deteriorating credit indicators." Down about 1 percent.

  • 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.

  • Too Few Sellers to Cool Feverish Oil Market Tuesday, 24 Jun 2008 | 11:36 AM ET

    "More buyers than sellers," is often the answer traders give when asked why prices of shares, bonds or commodities are high.

  • Hanging On By A Thread Monday, 23 Jun 2008 | 5:54 PM ET

    The Dow ended little changed on Monday as renewed concerns about the outlook for financial shares offset gains in energy stocks. What's the "Word on the Street?"

  • Stocks End Mixed as Financials Suffer Monday, 23 Jun 2008 | 4:19 PM ET

    Stocks wavered as oil's relentless ascent boosted energy stocks but a sharp drop in financials and autos curbed gains.

  • More Wall Street Firms to Be Bought Up: Analyst Monday, 23 Jun 2008 | 3:53 PM ET

    More Wall Street firms, facing the specter of tougher regulation and slumping capital markets, will follow the path of Bear Stearns and be forced into the arms of deposit-rich commercial banks, veteran banking analyst Charles Peabody told Reuters.

  • Stocks Waver as Autos, Financials Curb Gains Monday, 23 Jun 2008 | 3:01 PM ET

    Stocks wavered as oil's relentless ascent boosted energy stocks but a sharp drop in financials and autos curbed gains.

  • Financials Skid; Oil Boosts Energy Stocks Monday, 23 Jun 2008 | 1:31 PM ET

    The market's dollar-fueled  rally fizzled as oil resumed its ascent and weakness in financials seeped into the broader market.

  • Citigroup Halfway Done With Staff-Cutting Plan Monday, 23 Jun 2008 | 11:02 AM ET
    Citigroup Center

    Citigroup is about half-way through cutting 10 percent of the 65,000 employees in its investment banking unit, a person familiar with the job cuts said Monday.

  • Oil Whipsaws, S&P Flat as Quarter End Looms Monday, 23 Jun 2008 | 9:38 AM ET

    Oil was trading up early in the morning, despite the Saudis agreeing to raise oil production 200,000 barrels a day -- however, after the dollar had been strengthening, oil began moving down. Gold also weakened, down 2.7 percent.

  • The Week in Review:  Looking Up In a Down Market Saturday, 21 Jun 2008 | 8:41 AM ET

    Almost everywhere they looked during the week, investors saw red ink flowing. But CNBC guests worked hard to find bright spots in the murk.