Retail sales up, stocks up – 11/15/11
The Commerce Department reported that retail sales rose 0.5% in October. That was good news for Wall Street - at least good enough to...
Traders still wary of Europe – 11/14/11
Despite progress on new governments taking form in Greece and Italy, Wall Streeters still see reason to worry about sovereign debt in Europe, so...
Good news from Europe boosted stocks – 11/11/11
Greece swore in its new Prime Minister and Italy's Senate approved new austerity measures to improve the nation's debt situation. That positive news from...
All's quiet on the European front – 11/10/11
Energy stocks led the way as Wall Street rebounded on Thursday - and there was no new bad news from Europe. The Dow Jones...
Italy sends stock prices skidding – 11/9/11
A worsening financial and governmental crisis in Italy sent shockwaves through stock markets around the globe. The Dow Jones Industrial Average fell 389 points,...
Government musical chairs – 11/8/11
First Greece - and now Italy is getting a new government. World stock markets reacted favorably to Italian Premier Silvio Berlusconi saying he would...
Wild day ends on the up side – 11/7/11
Wall Street didn't have time to celebrate Greece nearing agreement on a coalition government before facing new worries about Italy's economic stability. But assurances...
Waiting for the Greek parliament – 11/4/11
Stock markets don't like uncertainty, so as the world waited Friday for the Greek parliament to cast a vote of confidence or no confidence...
Greek PM changes course, stocks rise – 11/3/11
Beleaguered Prime Minister George Papandreou backed away from plans for a public vote on a bailout deal for Greece as his government appeared on...
Wall Street embraces Fed comments – 11/2/11
The Federal Open Market Committee that it would likely keep interest rates low through at least mid-2013 was welcomed on Wall Street, as were...
World markets shocked by Greece – 11/1/11
Greek Prime Minister George Papandreou snatched defeat from the jaws of victory with a surprise announcement that he would hold a public referendum on...
Stocks give back some gains – 10/31/11
In the wake of last week's run-up, traders took some profits on Monday and there were some renewed concerns about just how well the...
Friday closed mixed on Wall Street – 10/28/11
Profit-takers moved in after Thursday's big stock run-up, but there was enough enthusiasm that prices rose again each time a selling wave took them...
Happy Thursday on Wall Street – 10/27/11
Traders celebrated as European officials agreed on a bail-out plan for Greece and the US government reported stronger-than-expected Q3 GDP growth. The Dow Jones...
A glimmer of hope from Europe – 10/26/11
The first details coming out of the European economic summit were viewed as generally positive on Wall Street, although questions remain about the total...