Gloomy Monday on Wall Street – 12/19/11
Worries about the global economy sent bank stocks falling on Monday - and the rest of the market followed. By the way, Bank of...
Stocks ended Friday narrowly mixed – 12/16/11
A deal that was struck on Capitol Hill to avoid a US government shutdown wasn't enough of a plus to counter Wall Street gloom...
Domestic good news outweighs Europe – 12/15/11
Wall Street continues to worry about the Euro zone, but a drop in new jobless claims and a strong earnings report from FedEx sent...
Euro falls and so do US stocks – 12/14/11
The Euro fell to its lowest level in a year and Italy had to pay dearly to refinance some debt, so bad news from...
Fed statement fails to inspire Wall Street – 12/13/11
The latest statement from the Federal Reserve said the economy is looking a teeny bit better, but it is staying the course with its...
Stocks fall on renewed Euro zone worries – 12/12/11
Friday's euphoria over a pact to relieve financial problems in Europe dissipated Monday as major credit rating agencies warned that the agreement did not...
Wall Street celebrates European deal – 12/9/11
Stock traders around the globe shouted alleluia on Friday as Euro zone countries agreed on a financial rescue plan. The Dow Jones Industrial Average...
Bad news from Europe sinks stocks – 12/8/11
Word that Germany had rejected a draft plan to stabilize Euro zone finances sent stock prices skidding. The Dow Jones Industrial Average fell 199...
Wary eyes on European summit – 12/7/11
Stock prices were mostly up a tiny bit on Wednesday as Wall Street traders watched to see if European leaders will be able to...
Wall Street shrugs off Europe worries – 12/6/11
Standard & Poor's threatened credit downgrades for several European nations, but Wall Street traders managed to see brighter days ahead and pushed stock prices...
Stocks held onto a win Monday – 12/5/11
Worries about Europe pressed on morning gains Monday on Wall Street, but the market still managed to stay in positive territory by the closing...
Jobs report rally fizzled by the closing bell – 12/2/11
The US unemployment rate dropped to 8.6% -- the lowest in two and a half years. That was due to people giving up on...
Thursday was a cooling off day – 12/1/11
After the big run-up on Wednesday, stock traders caught their breath on Thursday. All eyes are now on the jobs report due out Friday...
Happy days are here again! – 11/30/11
There was rejoicing in financial markets around the globe as the US Fed and other central banks launched a coordinated effort to keep borrowing...
Wall Street celebrated Black Friday on Monday – 11/28/11
The kick-off of holiday retail sales over the Thanksgiving weekend was a huge success, with sales volume reported to be up double digits from...