Home » Posts tagged with » Wall Street

Stocks falter as Fed backs away from stimulus

Stocks opened sharply lower on Wall Street Wednesday after the Federal Reserve signaled that it may be less willing to provide more stimulus to the U.S. economy. The Fed’s policy makers were encouraged by recent reports of job growth in the U.S. and seemed more willing to allow the economy to move forward on its… Continue Reading Stocks falter as Fed backs away from stimulus

Stocks slightly lower on Greek talks worries

Comments Off

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… Continue Reading Stocks slightly lower on Greek talks worries

Continue reading …

Stocks slip on the last trading day of 2011

Comments Off

Stocks are slipping Friday on the final trading day of the year. The Dow Jones industrial average fell 23 points, or 0.2 percent, at 12,264 in the first hour of trading. The S&P 500 fell 1 point at 1,262. It’s up just 0.3 percent for 2011. The Nasdaq fell 1 point to 2,612. McDonald’s Corp.… Continue Reading Stocks slip on the last trading day of 2011

Continue reading …

NY comptroller warns of weakness on Wall Street

Comments Off

Wall Street is again losing jobs because of global economic woes, threatening tax revenue for a city and state heavily reliant on the financial industry, New York Comptroller Thomas DiNapoli said Tuesday. DiNapoli, who oversees New York’s finances, including tax receipts, said that after adding 9,900 jobs between January 2010 and this April, the industry… Continue Reading NY comptroller warns of weakness on Wall Street

Continue reading …

Financial shares dragged the stock market lower Friday after federal regulators accused investment bank Goldman Sachs & Co. of fraud for some of its dealings during the mortgage meltdown.

The Securities and Exchange Commission also said it was looking into a wide range of practices related to the subprime mortgage crisis, prompting fears that the investigation could broaden.

Continue Reading Financial stocks dip after Goldman allegations

Continue reading …

Wall Street investors are eyeing space companies favorably as the sector proved to be recession-proof during the past two years. Increased demand is one reason for continued improved performance, said Chris Quilty of Raymond James and Associates. “We’re seeing increased consumer demand – smart phones, broadband Internet and high-definition television,” he said, “and that doesn’t… Continue Reading Space industry could see boost from Wall Street

Continue reading …