European stocks closed sharply lower Monday, as action to bolster faltering eurozone nations couldn't overcome concerns about Standard & Poor's downgrade of U.S. debt. Asian markets also finished the session lower.
Now that I'm about 10 years away from retirement, I'd love to understand annuities better and learn which, if any, would be best for me? -- Alan Mina, Powell, Ohio
Alcohol sales climbed with little interruption throughout the recent recession, and have continued to expand in recent months.
Standard & Poor's lowered its credit rating on New Jersey's debt to AA- from AA, citing concerns about its massive retirement obligations.
It's a sad day for the Luddites of the investing world.
Corporate America's wallet is bulging with $1 trillion and the rumor mill is heating up.
Question: What portion of my 401(k) and savings should I move to annuities? -- Jack S., Alliance, Ohio.
Stocks were set for a weak open Wednesday, as investors remained wary ahead of more news from the housing market. On Tuesday, a report showing the sales of existing homes plunged 27% in July sparked a big selloff in U.S. markets.
Their decisions on Greece, Spain and Portugal sparked a market freefall last week and spurred a $145 billion bailout plan. A powerful U.S. congressman characterizes them as the triggermen of the 2008 global financial crisis.
Luckily for banks, the commercial real estate time bomb just keeps on ticking.
Stocks looked set for a positive start Friday after a key report showed a sharp drop in the number of people losing their jobs and a surprise drop in the unemployment rate.
Bankers are counting down the days until they officially close the book on a terrible 2008. Too bad the outlook for 2009 is just as dismal.
Believe it or not, the extreme market volatility of late 2008 - the Dow Jones industrial average swinging 1000 points in a single day, the Chicago Board Options Exchange market volatility index hitting all-time highs - may be a harbinger of good things in 2009.
U.S. stocks retreated at the start of trading Friday after a weaker-than-expected employment report.
Stocks cut losses Monday, ending mixed, as investors struggled with record high oil prices, a weakening dollar and more discouraging economic news.
Although you won't find it listed on your calendar, we're approaching the anniversary of an epochal event. No, it has nothing to do with the NCAA basketball tournament. It's a different kind of March Madness: The end of the bull market that lasted for a generation and changed the way that Americans think about stocks.
U.S. stocks pulled back at Tuesday's open after a surprising surge in wholesale inflation and some more weak reports on the housing market.
Stocks slipped Friday morning, with financial and technology shares leading the decline, as investors remained uneasy after the previous day's losses.
U.S. stocks pulled back at the start of trading Wednesday as investors remained concerned about inflation and economic policy.
updated: Fri Feb 08 2008 16:32:00
Zeb Bham of Corporate FX on how two central banks in Europe are dealing with the economic crisis.
World equity markets lost $5.2 trillion in the month of January, taking back previous market gains and leaving developed markets in the red for the trailing three months, said Standard & Poor's
After enduring months of scrutiny and attacks, the big three credit rating agencies were criticized once again Thursday, with critics charging that their recent efforts to shore up their shaken rating systems are too little and too late.
U.S. stocks advanced at the start of trading Wednesday as investors appeared to cheer a report showing better-than-expected productivity.
Stock gains accelerated Wednesday afternoon after the Federal Reserve cut a key short-term interest rate by a half-percentage point, as expected, and indicated in its statement that it would continue to lower rates, as needed.
It's been a particularly difficult time, as of late, for the corporate dividend.
U.S. stocks gained a little ground at the start of trading Wednesday, as investors kept the economy and energy in mind.
Wall Street's top forecasters have some good news and bad news for 2008. Many think stocks will head higher but that unemployment will rise and the overall economy will slow.
Stocks fluctuated Wednesday, ending a volatile session mixed after being briefly supported by news from the Federal Reserve, then slipped as credit concerns dampened enthusiasm.
Stocks surged at Wednesday's open after the Federal Reserve announced a coordinated global effort to combat the credit crunch.
U.S. stocks rallied at Wednesday's open as investors appeared to be less concerned about economic issues.
Concern about the economy plagued U.S. stocks at Wednesday's open, with the major indicators significantly lower.
U.S. stocks advanced at Friday's open after the October employment report came in much stronger than expected.
The stock market got a nice bump Wednesday following an interest rate cut by the Federal Reserve. On Thursday, the market gave back all those gains - and then some.
U.S. stocks slipped at the start of trading Monday amid continuing concerns about the economy, corporate earnings and the price of oil.
U.S. stocks stepped back early Friday as investors considered $90-a-barrel oil, a weak dollar and some major earnings reports.
After years of watching stocks go almost straight up, it became pretty easy to forget how temperamental the market can be. Until mid-July, when the subprime mess gave Wall Street its worst scare in nearly five years, stocks were basking in the glow of the second-longest uninterrupted bull run in history.
U.S. stocks were just slightly higher at the start of trading Monday as investors considered a new plan to help major banks deal with troubled debt.
Stocks advanced in early trading Thursday, moving into record territory, on a narrower-than-expected trade gap and strength in overseas markets.
Stocks eased slightly in early trading Wednesday as investors took step back from the advance that put major indexes into record territory.
U.S. stocks rose early Tuesday as investors were cautiously bullish ahead of the start of the earnings reporting period.
U.S. stocks opened higher after the Labor Department released a better-than-expected report on job growth in September, dampening fears of an imminent recession.
Stocks rose cautiously early Thursday, a day ahead of the key September jobs report.
U.S. stocks retreated early Wednesday amid continuing concern about the state of the nation's economy ahead of reports this week on employment and the service sector.
U.S. stocks were little changed at Tuesday's open as investors awaited some key reports in the housing and auto sectors.
U.S. stocks opened slightly higher Monday, as investors shrugged off the latest mortgage meltdown concerns.
U.S. stocks were little changed at the open Friday, the final trading day of 2007's third quarter.
U.S. stocks gained ground in early Thursday trading as investors cheered some economic reports and awaited key data on new home sales.
Stocks retreated early Tuesday amid new concerns about the housing slump and consumer spending.
U.S. stocks gained ground early Monday as a week that includes a lot of key economic reports got underway.
U.S. stocks took a big step forward at the start of trading Friday, as investors got a lift from some corporate earnings
U.S. stocks slipped at the start of trading Friday as the ongoing concerns about global credit were reinforced with news from the U.K.
U.S. stocks rallied at the start of trading Thursday, with tech issues especially strong, as oil prices came off their record peaks.
U.S. stocks were modestly lower at the start of trading Wednesday as oil prices in record territory and a weaker dollar made investors nervous.
U.S. stocks retreated in early trading Friday after a surprising August jobs report that showed a decline in payrolls.
Second-quarter share repurchases among Standard & Poor's 500 companies reached $157.8 billion, a 35 percent increase from the $116.7 billion repurchased during the same quarter a year ago.
U.S. stocks eased higher at the start of trading Thursday as investors considered some economic reports and generally stronger-than-expected retail sales.
U.S. stocks fell sharply at Thursday's open after a newspaper report dashed hopes of a short-term interest rate cut in the near future.
Home prices have shown few signs of any turnaround, and a new report sees the downward slide continuing.
U.S. stocks retreated at Friday's open as jittery investors braced for a fresh reading on housing starts and shrugged off a surprisingly strong jump in orders for durable goods.
On a recent conference call with ratings agency Standard & Poor's, Steven Eisman, a managing director at hedge fund Frontpoint Partners, had a question. Referring to the agency's move to downgrade billions of dollars of mortgage-backed securities, he said, "I'd like to understand why you're making this move today and why you didn't do this many, many months ago."
U.S. stocks surged at Friday's open after the Federal Reserve cut a largely symbolic interest rate in the wake of "deteriorated" market conditions.
U.S. stocks edged higher at the start of trading Tuesday as investors weighed a relatively tame inflation report and some retail earnings concerns.
U.S. stocks slid at the start of trading Tuesday, a day after a huge rally, as investors awaited the Federal Reserve's decision on interest rates.
U.S. stocks pushed into negative territory at Friday's open after an employment report that was weaker than expected.
U.S. stocks continued to reflect investor uncertainty at Thursday's open, as positive earnings clashed with credit and economic concerns.
Prices of existing U.S. single-family houses extended their slide across the country in May, marking the 18th consecutive decline in the growth rate, according to an index of major metropolitan areas.
Getting back on the bull will be no easy task next week, particularly after the meltdown stock investors endured over the past two days.
U.S. stocks were mixed at Friday's open, as a better-than-expected economic growth report extinguished only some of the credit and housing fears that led to the year's second biggest Dow drop.
U.S. stocks, led by tech issues, surged forward at Wednesday's open on the strength of earnings reports.
U.S. stocks took it on the chin at Tuesday's open as earnings reports were a disappointment to many investors.
U.S. stocks retreated at Wednesday's open after some earnings disappointments, particularly in the tech sector, and a weak housing report.
U.S. stocks eased lower at the start of Monday trading as investors considered higher oil and awaited inflation reports and earnings figures.
Stock market bulls are betting strong second-quarter profits will send equities even higher with the earnings reporting season in full swing next week.
U.S. stocks pulled back at the start of trading Tuesday as investors were wary of some earnings warnings and a weak dollar.
U.S. stocks held close to breakeven at Friday's open, with the June jobs report getting a lot of consideration.
U.S. stocks were mixed at Thursday's open, as investors emerged ambivalent from a day and a-half holiday.
U.S. stocks opened higher Monday as oil prices eased and investors awaited a key report on manufacturing activity.
Prices of existing U.S. single-family homes dropped in April, extending a string of negative annual returns that started in January, according to the Standard & Poor's/Case Shiller national home price index released Tuesday.
Look for a Shift in Earnings Growth
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