Stocks bounced around Friday as investors juggled a disappointing jobs report and some analyst upgrades. Still, all three major indexes were on track to post gains for the week.

Stocks bounced around Friday as investors juggled a disappointing jobs report and some analyst upgrades.

By Lilla Zuill

There's little doubt about what investors are focused on this morning: the October employment report, set for release at 8:30 am New York time.

The government's allegations of fraud against two former Bear Stearns hedge fund managers were built on "hindsight bias," including emails selected out of context, a defense lawyer told a jury in closing arguments on Friday at their trial in New York.

By Rachelle Younglai

While US officials publicly support a strong dollar, in private they don't appear so worried about its recent slide.

Stocks tumbled Friday, giving back all of the gains from the prior session, as worries about the recovery escalated after a pair of reports on the consumer and as the dollar rallied. The Dow shed 250 points, or 2.5 percent, but finished flat for the month.

Stocks tumbled Friday, giving back all of the gains from the prior session, as worries about the recovery escalated after a pair of reports on the consumer.

Stocks opened lower Friday after reports showed consumer sentiment and spending have declined.

Futures indicated a lower open for Wall Street on Friday, the last trading day of October, after the Dow experienced its best day in 3 months Thursday after GDP data showed the world's biggest economy exited recession in the third quarter.

American International Group said on Friday it would not sell its two Japanese insurers AIG Edison Life Insurance and AIG Star Life Insurance.

By Lilla Zuill

The Obama administration's new proposal for tackling financial risk in the U.S. economy, unveiled just two days ago, came under attack Thursday from all sides, with critics targeting its funding and scope.

A top U.S. bank regulator said Thursday a government mechanism to dismantle troubled giant financial companies should be pre-funded, a departure from the administration's draft legislation on the subject.