Blog
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Fiat Sets Chrysler Back on Track; GM Strives to Go Green
The U.S. auto industry has been under the spotlight for some months now, with bailouts, bankruptcy filings and major restructuring all receiving attention. Stock market investors have ...
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Job Loss Slow Down Encourages Investors as They Look to the Week Ahead
Friday saw the Dow Jones industrial average edge higher, gaining 12.89 points (0.15 percent) to an unofficial close of 8,763.13, while the Standard & Poorโs 500 dropped 2.37 points (0.25 ...
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Continued Job Losses Impact on Wall Street โ Will Green Industries Save The Day?
With U.S. economic data revealing continued extensive job losses and a decline in mortgage applications, along with a worse than expected increase in factory orders, Wednesday saw investors ...
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Manufacturing Data Boosts Markets Despite Impending GM Bankruptcy
All major stock market indexes gained more than 1 percent on Friday, ending the week, and the month, on a high and clinching a third month in a row rally on Wall Street. Ahead of markets ...
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GM Bankruptcy Appears Inevitable Following Failure to Strike Deal With Bondholders
A sharp rise in Treasury yields and the seemingly inevitable bankruptcy of General Motors were contributing factors to stocks falling on Wednesday, with the Dow Jones industrial average ...
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How Evident Are The โGreen Shootsโ of Economic Recovery?
Following a day of choppy trade on Wall Street, a late in the day sell off resulted in major indexes closing the day slightly lower. While there was no major economic news to account for the ...
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Wall Street Slumps on Fedโs Gloomy Forecasts
Wednesday on Wall Street was off to a promising start as stocks surged in response to the news that Bank of America"s sale of 1.25 billion shares of stock had raised $13.47 billion, fueling ...
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Wall Street Rally Over As GM & Chrylser Cut Dealerships
By Wednesday of last week, when markets took a dive on Wall Street following the worse-than-expected retail sales results for April, as well as dismal results on housing and employment, ...
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Wall Street Dealt a Blow by Dismal Retail Results
Dismal retail results and rising foreclosure numbers dealt Wall Street a blow on Wednesday, with the Dow Jones Industrial Average ending the day down 2.18 percent, the Standard & Poorโs 500 ...
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Markets Absorb โStress Testโ Results and Remain Optimistic
Despite the fact that the "stress test" results performed on nineteen U.S. banks revealed that ten of these will need substantial government assistance, Wall Street ended last week on a ...
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Wall Street Sees Burst of Investor Confidence Ahead of Stress Test Results
While the much-awaited bank "stress test" results are only due out after close of business on Thursday, investors have been responding with zeal to speculation, rumors and leaked information ...
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Some Highlights of Wall Streetโs Week Ahead
In a market where the phrase "less worse" appears to be an acceptable replacement for "improved" when discussing stock market performance, analysts and investors are grasping at any news ...