Stocks finished near session lows in choppy trading Wednesday, with the Dow and S&P wiping out all of the previous session's gains led by financials, as investors continued to cautiously monitor developments in the European banks.
Futures continued to decline Wednesday after the previous session's sharp rally as investors remained cautious over the prospects for the U.S. economy and the ongoing euro zone crisis.
Here's why you should keep a close eye on these six stocks.
Most of the pundits had expected a relief rally in stocks following a resolution to the debt ceiling crisis. That did not happen. So what gives? Why is the market behaving so poorly despite the hard-fought compromise by lawmakers?
Private sector payrolls rose at a faster pace than expected in July, but a surprising increase in layoffs helped push the number of announced jobs cuts to a 16-month high, separate reports showed.
A new wave of corporate layoffs could pick up momentum if the economy does not kick into a higher gear soon — and that has traders thinking Friday's US jobs report may be a huge disappointment.
Stocks sold off sharply to end at session lows Tuesday with the Dow down for an eighth day amid economic worries and even after President Obama signed a bill to avoid a debt default.
Stocks declined Tuesday amid worries over economic growth and as a last-minute congressional deal to raise the U.S. debt ceiling failed to ease worries about a possible U.S. credit downgrade.
Futures were lower Tuesday after news personal spending in June declined for the first time since September 2009 and as a last-minute congressional deal to raise the U.S. debt ceiling failed to ease worries about a possible U.S. credit downgrade.
A new wave of corporate layoffs could pick up momentum if the economy does not kick into a higher gear soon.
Stocks clawed back from session lows ahead of a crucial vote in Washington on the debt deal, but still ended lower Monday following a dismal manufacturing report in addition to renewed worries over some euro zone countries.
The key to trading today is July ISM, which comes at 10am ET. With the exception of May, it has been above 55 for a year. Unfortunately, the whisper numbers are fairly weak...with some estimates as lows as 52. Still expanding, but not very vigorously.
Futures surged Monday, after top U.S. lawmakers sealed a deal to raise the debt ceiling one day ahead of a deadline for a potential default.
Thousands of layoffs were announced in just the past week, and that trend could continue if economic growth does not start to pick up speed.
Stocks reversed course in the final hour of trading to end lower Thursday amid thin volume as investors nervously awaited a key vote on a bill to cut the U.S. deficit in Congress this evening.
Stocks declined in the final hour of trading Thursday amid thin volume as investors nervously awaited a key vote on a bill to cut the U.S. deficit in Congress this evening.
Stocks added to gains Thursday, led by techs, after a handful of positive economic news and ahead of a key vote on a bill to cut the U.S. deficit in Congress.
Futures gained Thursday after weekly jobless claims fell more than expected, but investors continue remain on edge ahead of a key vote on a bill to cut the U.S. deficit in Congress.
Emerging Asia’s wealthy are getting richer twice as fast as their peers in other regions. For private banks, which generally seek clients with at least $1 million in investable assets, that sounds like a licence to print money. The FT reports.
Global regulators are poised to set tighter capital requirements for about 30 of the world’s biggest banks, to ensure the next financial crisis can be contained, the FT reports.