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ChinaCache IPO Soars 95% On Nasdaq Debut; Intel Cuts Stake

ChinaCache International Holdings, a provider of Internet content, soared 95% on its Nasdaq trading.

 

Monetary easing fears lift gold to record high

Spot bullion hit on Friday a nominal record of $1,282.75 a troy ounce in London, up 3 per cent on the week, making a gain of 17 per cent this year

 

Americans' Net Worth Falls

Americans' net worth receded as stock-market wealth declined, while anxious consumers continued to avoid debt in the second quarter.

 

Wall Street Pushed Lower by Housing Report

The tone for Wall Street’s retreat was set before the opening bell with markets in Asia and Europe also falling.

 

GM ties up $5 bln bank deal, IPO filing Fri-sources

GM ties up $5 bln bank deal, IPO filing Fri-sources

General Motors Co has secured a $5 billion credit facility, two people briefed on the bank deal said on Wednesday, marking the return of the top U.S. automaker to the capital markets a year after it emerged from a landmark bankruptcy.

Senh: The stock market went down, but I consider this good news. At least GM is getting back up, and that can only help our economy.

 

Markets turn chaotic on trade deficit, global data

Dow plummets nearly 220 points after trade deficit unexpectedly widens and reports from Asia, Europe spurs concerns recovery is veering off track.

 

Dow Dips On Data After Pfizer, P&G Report

Personal incomes and spending come in flat for June, worse than the slight gains anticipated.

Senh: Dang it. All we need was about 300 points to get to 11,000. Oh well.

 

NYSE Backs S&P 500 for Marketwide Circuit Breaker

NYSE recommended that regulators seek out a broad-based stock index like the S&P 500 to underlie a new circuit breaker that would halt all U.S. stock trading if conditions become too volatile.

 

Stocks Soar As AT&T, Caterpillar Raise Forecasts

Stocks Soar As AT&T, Caterpillar Raise Forecasts

The economy won out over earnings season Wednesday, when a round of mostly better-than-expected reports couldn't stop a triple-digit slide in the Dow Jones industrial average.

 

Stocks Slip Deep in the Red on Bank Earnings

U.S. markets experienced a steep selloff Friday as disappointing earnings reports from major corporate icons and depressing consumer sentiment report pushed the Dow down 250 points.

 

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