Stocks rose on Monday as investors bet that the government's stress tests won't force banks to raise as much capital as originally thought and housing data fueled hopes that the economic slump is abating.
Stocks rose on Monday on bets the government's stress tests on the financial sector won't force banks to raise as much capital as originally thought and housing data reinforced hopes the economic slump is easing.
U.S. bank shares rose on Monday after analysts said government stress tests of financial institutions would show most would need less new capital than previously feared.
A radical overhaul of the car industry moved a step closer on Monday as Fiat's chief executive set his sights on General Motors' Opel German unit just four days after clinching a deal with Chrysler.
Stocks rose on Monday as investors bet the government's stress tests on the financial sector won't force banks to raise as much capital as originally thought, driving the market higher.
Tyson Foods Inc reported a larger quarterly loss on Monday as a weak economy hurt meat sales and the company had additional income tax expenses.
Bank of America Corp said on Monday it does not have plans to raise $10 billion in common equity, as the Financial Times had reported.
Wall Street was set for a modestly higher open on Monday as investors were hopeful banks will be able to raise any capital they may need as a result of findings in the government stress tests, but jitters over the health of the sector persisted.
Asian stocks punched to a seven-month peak on Monday, fueled by confidence the global economy is recovering faster than expected and a further jump in Taiwanese shares on hopes for an influx of Chinese investment.
Asian stocks punched to a seven-month peak on Monday, fueled by confidence the global economy is recovering faster than expected and on a further jump in Taiwanese shares on hopes for an influx of Chinese investment.
Online currency trading platform FOREX.com launched in Europe on Monday, offering retail investors across the continent another way to trade in the $3.2 trillion a day market.
U.S. stocks keep proving the naysayers wrong, as major averages continue to gain despite expectations for the recent rally's demise. And next week may be no different.
U.S. big businesses are being pushed by lawmakers and regulators to expand shareholder democracy in the wake of the financial crisis -- with executive pay and board of director elections the main areas where changes soon could be on the way.
U.S. stocks rose on Friday as surging oil prices pushed energy shares higher and fresh economic data suggested key parts of the economy could be stabilizing.
U.S. stocks turned lower on Friday in volatile trading as banks fell on concern over what the government's stress tests will show after the release of the results was delayed.
Stocks slid on Friday as data that showed the manufacturing sector contracted overshadowed a stronger-than-expected reading on consumer confidence.
Wall Street pared losses on Friday after a survey showed consumers felt more confident about the economy last month than at any time since the September failure of Lehman Brothers Holdings Inc .
Wall Street was poised for a flat open on Friday as a reassessment of the recent sharp market run-up could keep gains in check despite hopes the economic slowdown is moderating.
Global markets were flat on Friday in subdued holiday weekend trading after growing hopes of a global economic recovery propelled shares over 11 percent in the previous month.
Removes reference to Bund futures in last paragraph as market closed for public holiday
Japanese stocks struck a four-month closing high on Friday and higher-yielding currencies held gains as investors favored riskier assets, with improvements in Chinese manufacturing and South Korean exports adding to evidence of a global economy on the mend.
The Dow and S&P 500 fell on Thursday after Chrysler's bankruptcy filing undercut optimism about upbeat corporate profits and reassuring job market data.
Procter & Gamble Co trimmed its fiscal 2009 outlook and did not offer a 2010 forecast on Thursday at a time when investors are searching for clarity amid the recession, and its shares fell about 2 percent.
The Dow and S&P 500 fell on Thursday after Chrysler's bankruptcy filing undercut optimism about upbeat corporate profits and reassuring job market data.
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Oil edged higher on Thursday as gains in wider global markets offset rising energy inventories and slumping demand.
Oil rose on Thursday as reassuring U.S. jobs data and upbeat corporate profits lifted stocks outweighed rising energy inventories and slumping demand.
Stocks rose on Thursday, but were well off session highs, as investors sought to reconcile upbeat corporate profits and reassuring job market data with anxiety about Chrysler LLC's bankruptcy filing.
Dow Chemical Co posted a surprise first-quarter profit on Thursday, helped by cost reductions, gains in its agricultural segment and lower raw material costs, sending its shares up as much as 20 percent.
The Nasdaq rose on Thursday while the Dow industrials and S&P 500 declined as upbeat corporate profits and reassuring job market data offset investors' anxiety about Chrysler's bankruptcy filing.
