×

Stocks UBS ETF (CH) - SBI Domestic Govt 1-3 (CHF) A-dis

  • Stocks rallied Thursday amid hopes that a bailout will get passed this week. However, gains were curbed by worries about General Electric's lowered outlook and misses in two key economic stats.

  • Stocks opened higher Thursday amid hopes that a bailout will get passed today. However, gains were curbed by worries about General Electric's lowered outlook and misses in two key economic stats.

  • Futures cut their gains in half after two economic reports — jobless claims and durable-goods orders — missed their targets and General Electric lowered its outlook. But they still pointed to a higher open for Wall Street as hopes for progress on the government's proposed bailout for the financial system grew, despite uncertainty about how the $700 billion plan would work.

  • vault_logo_2.jpg

    Everyone and their mother’s favorite industry observer are calling Morgan Stanley and Goldman Sachs’ status switch to holding companies the end of the large independent investment bank as we know it.

  • Futures are down slightly, but that has little meaning these days. Many traders feel that yesterday's drop was due to: 1) distortions in price discovery created by the changing short sale rules; 2) the realization that many banks are still undercapitalized.

  • This week's wild ride on Wall Street literally mimicked a rollercoaster ride: a couple of stomach-turning drops before coasting to the end and dropping you off exactly where you started.  After being down by nearly 1000 points at Wednesday's close, the Dow clawed back those 1000 points in the following two days leaving the blue-chip index off just about 40 points from where it ended last Friday!

  • If you’re looking to trade during this mess you'll want to get far away from Wall Street. But how far?

  • trader_head_in_hands1_200.jpg

    Stocks whipsawed back into positive territory after regulators in the US and Europe took aim at short sellers and progress continued toward resurrecting the Resolution Trust Corporation to dispose of bad bank assets.

  • The Fed, the European Central Bank, Bank of England, Bank of Japan, Bank of Canada, and the Swiss National Bank are all pumping dollars into the global system. Fed made an additional $180 billion available to central banks to lend out.

  • U.S. stock index futures dropped as fears mounted over the capital position of American International Group.

  • There is a certain air of disbelief on the Street today concerning AIG. Bank of America's analyst epitomized this: "AIG is facing a near-term liquidity issues, as opposed to solvency issues," a report this morning said. All insisted they have plenty of assets to sell.

  • Stocks had their worst selloff since the Sept. 11 attacks in 2001, with the Dow plummeting more than 500 points amid escalating fear about a collapse of AIG.

  • Stocks fell sharply at the opening bell Monday after a trifecta of Wall Street pain: Lehman Brothers filed for bankruptcy, Merrill Lynch was bought by Bank of America and AIG asked the Fed for short-term financing.

  • Stocks fell sharply at the opening bell Monday after a trifecta of Wall Street pain: Lehman Brothers filed for bankruptcy, Merrill Lynch was bought by Bank of America and AIG asked the Fed for short-term financing.

  • Stocks looked set to plummet Monday after a trifecta of Wall Street pain: Lehman Brothers filed for bankruptcy, Merrill Lynch was bought by Bank of America and AIG asked the Fed for short-term financing.

  • Commodities continue to drop, as they have for 7 of the last 8 trading sessions. With futures weak again here, we are very close to breaking the recent closing low of July 15 of 1,214.

  • Not enough: that's the general verdict of the Street on the Lehman announcement. They pre-announced a loss of $5.92. They're selling a majority stake in its investment management division and spinning off commercial real estate assets into a separate public company.

  • After the close yesterday, RBC Capital put out a note:  "Next Credit Shoe to Drop on Banking Industry: We believe commercial and industrial loans (C&I), commercial real estate and non-resi construction loans will be the next credit problems for the banking industry brought on by the weakening in the US and Global economies."

  • Financials helped the Dow pull off a nearly 300-point gain Monday but techs limped to the finish line as nagging worries about a global economic slump found their way back into the market.

  • The air started to come out the Fannie-Freddie-inspired rally as the market started to float back to Earth.