Stocks declined Wednesday as weak demand for today's Treasury auction and a sharp drop in oil prices dragged on the market. A disappointing durable-goods report didn't help either.
Stocks declined Wednesday after a report showed a much sharper drop in durable-goods orders than expected. Plus, a sharp selloff in China dragged on oil prices, which also weighed on the market.
Futures tumbled Wednesday after a report showed a much sharper drop in durable-goods orders than expected. Plus, a sharp selloff in China dragged on oil prices, which also weighed on the market.
Friday, 15 May 2009 | Source: The Associated Press
The federal government has agreed to extend billions in bailout funds to six major life insurers, helping them shore up their capital positions after major investment losses.
Stocks opened flat Friday as investors were encouraged by a pair of better-than-expected manufacturing readings but dismal economic data out of Europe and weak U.S. retail reports capped gains.
Goldman Sachs posted numbers that surprised to the upside on Tuesday, but will other financial companies outperform as well? Matt McCormick, banking analyst at Bahl & Gaynor and David Stepherson, senior portfolio manager of Hardesty Capital Management discussed Goldman’s earnings numbers and their expectations on big banks... Read More
Goldman Sachs posted numbers that surprised to the upside on Tuesday, but will other financial companies outperform as well? Matt McCormick, banking analyst at Bahl & Gaynor and David Stepherson, senior portfolio manager of Hardesty Capital Management discussed Goldman’s earnings numbers and their expectations on big banks... Read More