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Wall Street Stages Biggest Rally Since May

Wall Street Stages Biggest Rally Since May

The stock market staged its biggest rally since May on Wednesday, driving the Dow Jones industrial average above 10000, as investors rushed to buy blue-chip shares near their lowest levels this year. The hope was that coming quarterly ...

 

Bank stocks stage relief rally as cloud lifts

US bank stocks enjoyed a relief rally as uncertainty surrounding the new shape of the financial sector came to a close in the early hours of yesterday morning.

 

Fannie and Freddie stock delisted

US home loan giants Fannie Mae and Freddie Mac are to cease trading on the New York Stock Exchange (NYSE).

 

Stocks close higher as European fear subsides

Industrial and technology stocks pulled the market sharply higher Tuesday after Boeing Co. said it was boosting production and an industry group forecast that demand for computers would increase.

 

Boxoffice futures market gets green light

Boxoffice futures market gets green light

Despite intense last-minute lobbying by major Hollywood studios, talent guilds and others, the first futures contract based on movie boxoffice results was approved Monday and are expected to start trading this year.

 

Stocks open with a roar

Report shows that, so far, China's economy has not been hurt by Europe's debt problems.

 

U.S. Stocks Firm, Led by Caterpillar

U.S. stocks edged higher, bolstered by U.S. Federal Reserve Chairman Ben Bernanke's comments that the economy is unlikely to slide into a second recession, but worries about European finances persisted after Fitch Ratings warned that the U.K. faces budget challenges.

 

Worries About Europe’s Fiscal Health Rattle Asian Stocks

Stocks plummeted across the Asia-Pacific region on Monday and the euro hit fresh four-year lows on renewed fears that the European debt crisis may be spreading.

 

Dow off more than 300 points after disappointing jobs report

Dow off more than 300 points after disappointing jobs report

Stocks tumbled Friday after the Labor Department said hiring remains weak and Hungary became the latest European country to report its economy is in crisis.

 

Dow closes up 225 points after pending home sales top forecasts

The stock market rebounded Wednesday after a stronger-than-expected increase in pending home sales restored investors' optimism about the economy.

 

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