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Messy Facebook debut marks weak day on Wall Street

admin — Sat, 19 May 2012 02:09:21 +0000

NEW YORK (Reuters) – Stocks fell on Friday after a sloppy debut by Facebook Inc spoiled hopes that a spectacular open for the most-anticipated stock sale in years would brighten the mood in what has been a gloomy month for equity markets.

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Obama may tap Strategic Petroleum Reserve

admin — Fri, 18 May 2012 02:10:29 +0000

Despite the recent fall in oil prices, analysts say President Obama may tap the Strategic Petroleum Reserve as sanctions on Iran take hold.

View full post on Latest stock market news from Wall Street – CNNMoney.com

Stocks slide on Greek woes

admin — Wed, 16 May 2012 02:09:22 +0000

U.S. stocks closed at three-month lows Tuesday, sliding during the final hour of trade, as investors faced worrisome signs out of Greece.

View full post on Latest stock market news from Wall Street – CNNMoney.com

Wall Street suffers third straight drop after late slide

admin — Wed, 16 May 2012 02:09:21 +0000

NEW YORK (Reuters) – Stocks fell for the eighth day in the past 10 on Tuesday as uncertainty stemming from the political stalemate in Greece gave investors another reason to be cautious and sellers came out in force late in the session.

View full post on Reuters: Business News

Stocks: A Facebook effect?

admin — Mon, 14 May 2012 02:10:23 +0000

What’s the market watching next week? Well there’s this social network called Facebook that was started in a Harvard dorm room. Ahead of what’s expected to be the biggest technology IPO ever, Facebook’s executive team is planning to ring the Nasdaq’s opening bell Friday morning.

View full post on Latest stock market news from Wall Street – CNNMoney.com

Wall Street Week Ahead: Stocks face choppy seas of bank woes, uncertainty

admin — Sun, 13 May 2012 02:14:14 +0000

NEW YORK (Reuters) – More volatility could be in store for stocks next week as investors grapple with less certainty about the economic outlook and a new blow to the financial sector after JPMorgan Chase’s trading loss.

View full post on Reuters: Business News

Stocks end lower

admin — Sat, 12 May 2012 02:09:30 +0000

Stocks ended lower Friday, capping a down week for the major indexes, as weakness in the banking sector weighed on the market.

View full post on Latest stock market news from Wall Street – CNNMoney.com

Dow posts 6-day losing streak

admin — Thu, 10 May 2012 02:09:48 +0000

U.S. stocks bounced back somewhat from a sharp sell-off Wednesday, but all three major indexes closed in the red as investors continue to fret about Greece and Spain.

View full post on Latest stock market news from Wall Street – CNNMoney.com

S&P 500 flirts with two-month low before rebound

admin — Thu, 10 May 2012 02:09:48 +0000

NEW YORK (Reuters) – Stocks fell for the fifth day in six on Wednesday as investors kept their focus on the turmoil in Europe, but news that Greece will receive its latest debt bailout payment helped cut losses late in the session.

View full post on Reuters: Business News

Stocks claw back amid Europe uncertainty

admin — Tue, 08 May 2012 02:11:56 +0000

U.S. stocks recovered Monday afternoon from modest losses earlier in the day, as investors considered the implications of leadership changes in France and Greece.

View full post on Latest stock market news from Wall Street – CNNMoney.com