Gold extended losses on Wednesday to trade near a nine-month low, clobbered by a stronger dollar and lack of support from top buyer China.» Read More
US stock index futures pointed to a higher open Tuesday, following a sharp decline in the previous session as investors digested the Obama administration’s tough stance on General Motors and Chrysler.
Japan announced that they will unveil another stimulus plan. Isn't this the third one for this downturn? I've lost track. ... Ford announces incentive program; Street believes GM is next. This is similar to the successful Hyundai Assurance Program. Lennar reported a loss. HSBC up 5% in pre-market trading as CEO Michael Geoghegan reiterated that the London-based bank will not need any government money.
Over the weekend, the bad news has returned with the volume turned up to a Spin Tap level of 11. This has shaken the equity markets hard. This is what I was concerned about last week and why I thought we'd trade ranges.
Another round of layoffs was announced on Wednesday, adding to the gloom over rising unemployment.
Key Democratic lawmakers are pushing legislation that would block creditors charging high interest rates on credit cards from collecting from consumers in bankruptcy proceedings.
More companies announced layoffs this week as the employment picture continued to dim. MeadWestvaco, Graco and Caterpillar were among the latest names to announce job cuts.
Cramer makes the call on viewers' favorite stocks.
As we get underway in the US, I have to think back to last week when US President Barack Obama told us all to go long equities. "Buying stocks is potentially a good deal if you have a long term perspective on it."
More companies announced layoffs on Wednesday as the employment picture continued to dim.
Stocks took off like a rocket Tuesday, with the Dow gaining a whopping 5.8 percent, as banks rallied after a combination of encouraging news from the sector. The Nasdaq jumped 7.1 percent.
Stocks pared some of their earlier gains but were still up sharply on renewed confidence about the financial sector.
Financial stocks are rallying Tuesday. Is the market bottom starting? Frederic Dickson at D.A. Davidson & Co. and Jack Ablin at Harris Private Bank offered their insights to investors.
US stock index futures pointed to a higher open for Wall Street after Monday's selloff and with some good news emerging from the banking sector.
Following are the day’s biggest winners and losers. Find out why shares of Geron and Wells Fargo popped while HSBC and Proctor & Gamble dropped.
A big pharmaceutical deal is doing nothing to help stocks pre-open. Once again stocks overseas are being led down by banks.
At least two dozen US and European banks benefited from the rescue of AIG, with about $50 billion paid out to them since the Fed first gave aid to the insurance giant, the Wall Street Journal reported.
The number of job cuts continued to soar this week, reflecting the worsening US recession. The nation's unemployment rate bolted to 8.1 percent in February, the highest since late 1983, as cost-cutting employers slashed 651,000 jobs.
The number of job cuts continued to soar this week, reflecting the worsening US recession.
Stocks ended a yo-yo session lower Tuesday, with the S&P ending a few points below the 700 mark as investors remained on edge.
Stocks wobbled Tuesday as worries that sent stocks to 12-year lows on Monday persisted.