CNBC’s Jackie DeAngelis reports on the late day plunge in stocks and whether China’s economic growth is better than investors think. Also, what to expect from next week’s slew of earnings, with Zachary Karabell, River Twice Research; Stephen Weiss, Sho… After suffering their worst two weeks of the year, stocks […]
Traders work on the floor of the New York Stock Exchange. Stocks tumbled Tuesday, as the risk of a disorderly default in Greece and a reduced growth target in China dented recent confidence in the global economic recovery.
NEW YORK — Stocks fell Wednesday after Europe’s central bank reported that its overnight deposits hit another record, the latest indication of worry among European lenders. The European Central Bank said the continent’s banks parked a record $590.72 billion with it overnight. That means those banks are less willing to […]
U.S. stocks closed flat Tuesday after strong consumer confidence data, but the minimal gains were seen as transient in a volatile market after a 5 percent rally over the past four trading sessions. The S&P 500 turned positive for the year on Friday, with improving economic data helping to boost equities. […]
NEW YORK — Get ready. The last trading week of the year will be a test for stocks to prove whether they have the strength to carry a rally into next year. But despite the recent economic data that suggest the U.S. economy is on the right track to […]
U.S. stocks sank in afternoon trading Monday, with bank stocks leading the way down. The Dow Jones industrial average finished the trading session with a loss of around 100 points. Stocks opened higher Monday but soon fell after an hour of trading. Cautious comments from the head of the European […]
NEW YORK — U.S. investors came to the Thanksgiving holiday table on last Thursday mostly thankful that the week was a short one, or losses could have been larger. As another round of news and bond auctions from Europe begins this week, traders will watch closely sovereign bond yields that […]
Note to readers: An earlier version of this story stated that the FDA may be concerned about the conduct of the CHAMPION trial. This statement could be construed as an implication of ethical misconduct or negligence on the part of the trial sponsors or investigators. I apologize if I conveyed […]
Stocks closed mixed Friday as investors balanced signs of future growth in the U.S. economy with a looming deadline for Congress to reach a deal in deficit-reduction talks. Steep declines earlier in the week put the S&P 500 index on track for its worst week since September. The Conference Board’s […]
New York police were telling Occupy Wall Street protesters early Tuesday to clear Zuccotti Park, The New York Times reported. The park is where the earliest Occupy protests were held in September. Read the Times’ story here. © 2011, Journal Sentinel Inc. All rights reserved.
Stocks stumbled Wednesday as a rare earnings miss by Apple pulled down technology stocks. Indexes turned on reports of an impasse in talks aimed at resolving the European debt crisis. The leaders of Germany, France, the International Monetary Fund and the European Central Bank met Wednesday to prepare for a […]
Wall Street stocks fell sharply Monday as Germany’s finance minister dimmed hopes an upcoming summit would result in a breakthrough in Europe’s debt crisis. Optimism the euro zone was making progress in resolving its sovereign debt crisis has pushed the S&P 500 to the top of a two-month trading range […]
HONG KONG — People throughout the Asia-Pacific rallied on Saturday to protest the widening gap between rich and poor as part of a planned day of demonstrations in dozens of cities across the world against the global financial system. Most events drew modest numbers across Asia — the largest crowd […]
While much of the tributes to the late Steve Jobs have focused on his innovation, we’re guessing folks on Wall Street are going to miss him for a related, but different, reason. He made investors a lot of money.
This post was written by , a writer and well-known health care equity research analyst. He has been ranked #1 six consecutive years by Institutional Investor Magazine. You can follow him on Twitter at@davidmaris. There has been a lot said about the lack of vision, lack of specific demands, and […]
Occupy Wall Street protesters have set up an urban campground. NEW YORK (CNNMoney) — Many of the Occupy Wall Street protesters might not realize it, but they got really lucky when they elected to gather at Zuccotti Park in downtown Manhattan. Contrary to what most people think, the park isn’t […]
Investors hoping for relief from the tumultuous market swings of the past few months should double up on antacid and hang on: Economists predict more gyrations in the days and weeks ahead. The specter of a contagious euro zone recession looms large, consumer confidence is flat and personal incomes are dropping even […]