by Associated Press Published: January 24,2012
Tags: Greek debt, Stocks, Wall Street
Stocks fell in the United States and Europe on Tuesday as investors worried that a deal to cut Greece’s national debt and hold off a possible financial crisis might fall through. The Dow Jones industrial average was down 40 points at 12,669 just after 11:30 a.m. EST. It has risen or fallen less than 100 [...] [...]
U.S. stocks are edging lower in late morning trading with bank stocks leading the way down. Citigroup Inc. and Morgan Stanley are down nearly 6 percent. JPMorgan Chase & Co. lost more than 4 percent, the biggest drop among the 30 stocks in the Dow Jones Industrial average. Stocks opened higher Monday but quickly turned [...] [...]
by Associated Press Published: December 1,2011
Tags: European debt crisis, Rally, Stocks
A global stock market rally stalled on Thursday as euphoria over major central banks’ coordinated cut to borrowing costs wore off. But hopes that European leaders will deliver a long-term solution to the debt crisis next week helped push eurozone borrowing rates sharply lower. Stocks and bonds had jumped on Wednesday when central banks in [...] [...]
Surging stock prices in October weren’t enough to entice mutual fund investors back into the market. Instead, bonds continued to hold appeal. Investors withdrew a net $17.6 billion from stock mutual funds last month, industry consultant Strategic Insight said on Friday. It was the sixth consecutive month of net withdrawals, which total $97 billion over [...] [...]
by Associated Press Published: October 18,2011
Tags: France, stock market, Stocks, third quarter earnings
Stocks wavered in early trading Tuesday after disappointing corporate earnings reports and concerns that France and Germany may not reach an agreement on additional support for Greece. The financial sector, however, outpaced all others in gains after Bank of America topped Wall Street expectations for the quarter. Moody’s also warned late Monday that the stable [...] [...]
A three-day rally faded on Wall Street Friday after a pickup in hiring last month failed to bring down the unemployment rate. The Dow Jones industrial average edged up after the government’s September jobs report, as larger companies rose more than the rest of the market. Broader indexes moved between small gains and losses. U.S. [...] [...]
by Associated Press Published: August 23,2011
Tags: early trading, economy, gold, Stocks
Stocks moved higher early Tuesday for the second day in a row, led by technology companies. Cisco Systems Inc. rose the most of the 30 stocks in the Dow Jones industrial average, gaining 2 percent. Microsoft Corp. and Oracle Corp. also rose 2 percent. Bank of America Corp. sank more than 3 percent, the worst [...] [...]
by Associated Press Published: August 19,2011
Tags: global economy, lower, selling, Stocks
Global stocks fell again Friday as fears of a possible U.S. recession combined with ongoing worries over Europe’s debt crisis, which is stoking acute fears over the continent’s banking sector. However, smaller than anticipated losses on Wall Street helped European markets recoup a large chunk of their earlier losses by the close. In Europe, Britain’s [...] [...]
Back to reality for the stock market — and back down. Wall Street focused Wednesday on the bleak landscape ahead for the economy and sold off, wiping out the big gains from a day earlier and then some. The Dow Jones industrial average closed down 519 points. The selling was intensified by worries about debt [...] [...]
Stocks fell in early trading Monday after congressional leaders failed to agree on a deal to raise the nation’s debt limit to avoid default. Lawmakers hoped to reach a compromise late Sunday, but those talks stalled. President Barack Obama wants to raise revenues by letting tax cuts for wealthy Americans expire. Republicans have pushed for [...] [...]
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