Stocks surrendered some of their weekly gains Friday, with energy stocks hurt by a retreat in oil prices and financials also pushing lower.
Stocks are on their strongest run since the bear market started a year and a half ago as investors continue to debate whether the economy and the markets have finally stabilized.
Last-hour rally leaves the Dow up almost 90 points. But weak auction of 5-year Treasury notes suggests investors may be a little worried about inflation and/or the safe-haven status of U.S. gov't debt.
Yes, AIG's bonus-deprived commodities guy was part of a bubble. Just not in housing or credit.
A late slump in financial stocks left the market near its daily lows at Tuesday's closing bell, with major indexes giving back a portion of the previous session's hefty gains.
The Treasury Department's new plan to take toxic assets off of banks' balance sheets spurred a blistering stock rally Monday, leaving major indexes with their biggest percentage gains since late October. The Dow Jones Industrial Average leaped nearly 500 points.
The Dow and S&P 500 fell about 2% each as concerns resurfaced regarding the financial system's stability. But the market gained for the week.
The Dow industrials declined 1.1% as banking stocks slipped and crude oil pushed north of $51 to its highest close since November.
Stocks and bonds soared Wednesday after the Federal Reserve showed it isn't yet out of ammunition to fight the recession by announcing surprising plans to buy billions in long-term Treasury debt and mortgage securities.
Stocks jumped, closing at their highs for the session after a glimmer of hope from the housing market helped continue the resurgence of beaten-down banking and consumer stocks and tech stocks jumped.
Emboldened by upbeat comments from the nation's largest banks and encouraging economic data, investors drove stocks to their best week since November, up 0.9%. The Dow Jones Industrial Average gained 53.92 points on Friday to post a fourth straight day of gains.
Rekindled hope that U.S. banks will weather the financial crisis propelled the Dow Jones Industrial Average back through 7000 for the first time this month. The blue-chip average is also on a three-day winning streak, its first such run since late January.
Stocks crept higher, leaving markets with the first two-day winning streak since early February. The Dow industrials gained four points.
Declines in Google, IBM and other names push major market averages to new bear-market lows despite a decent rebound in the financial sector.
Dow closes out dismal week with a slight gain despite ugly employment report showing a 14th straight month of job losses in the U.S.
The great market panic continues. Stocks hit new 12-year lows, led by financial names plagued by the specters of nationalization and insolvency.
After a 150-point gain in the Dow Jones Industrial Average, is the stock market poised for a more lasting rally?
A seesaw stock session ended with a thud Tuesday as a new round of losses piled up in the financial sector, leaving major indexes in a torpor.
In the Atlantic, author and professor Richard Florida details how he believes some U.S. regions will prosper or languish as the economy recovers from its current crisis.
Banks and energy stocks lead big market decline, driving major averages to fresh 12-year lows. Traders have drawn little comfort from the Obama administration's efforts to remedy the financial crisis so far.
WSJ blog post covering investors' preference for gold over previously high-flying bank stocks like Citigroup.
A late burst of selling sealed a dismal finish for the stock market, which hit a fresh 12-year low as Citigroup sold a bigger chunk of itself to the government and General Electric slashed its dividend, spooking investors who were already jittery.
Markets continued to swing unpredictably on Thursday, ending lower as health insurers and drug makers sank sharply after the Obama administration unveiled sweeping plans for healthcare reform.
Twitter home of reporter Peter McKay, who covers financial markets for the Wall Street Journal.
A late-day slide leaves the stock market in the red despite a welcome dose of detail from the Obama administration regarding its testing standards to determine various banks' chances of survival.
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