Stocks fell on Friday, capping off their worst month in over a year as a downgrade by Fitch of Spain's credit rating reignited worries about euro-zone debt issues.
Stocks staged a furious late-day rally on Tuesday to push the S&P 500 into positive territory as the focus shifted from European debt woes to buying after shares hit six-month lows.
Stocks declined, but sharply cut losses late on Tuesday that drove the Dow back above 10,000 as gains in the retail and materials sectors helped offset concerns about the euro zone's banking problems.
The Nasdaq gained on Monday after positive broker comments lifted large-cap technology shares, though sustained worries about Europe's banking system restrained the Dow and the S&P 500.
Volatility will be the name of the game on Wall Street this week as uncertainty over the euro-zone debt crisis remains and investors will need nerves of steel to make bets on risky assets like stocks.
Stocks rose 1 percent on Friday, with bank shares leading a rebound from earlier declines as worries ebbed over the sovereign debt crisis in Europe and U.S. financial reform.
(Corrects lead to say flash crash was May 6, not last month)
Wall Street was slightly higher in volatile trade on Friday as the S&P 500 fell below the level reached during the market flash crash earlier this month before muscling into positive territory.
Wall Street was slightly higher in volatile trade on Friday as the S&P 500 fell below the level reached during last month's market flash crash before muscling into positive territory.
Market watchdogs and six major exchanges agreed new safeguards were needed to curb trading in plunging markets, an effort to address last Thursday's mysterious market free fall.
Most top retail chains reported weaker-than-expected April same-store sales on Thursday, suggesting that Wall Street's hopes for a consumer rebound have gotten ahead of the actual pace of recovery.
Most top U.S. retail chains reported weaker-than-expected April same-store sales on Thursday, suggesting that Wall Street's hopes for a consumer rebound have gotten ahead of the actual pace of recovery.
April's jobs report and a slew of other economic indicators may bolster U.S. stocks this week, but jitters over Greece's debt and investigations into Goldman Sachs will test the market's resiliency.
April's jobs report and a slew of other economic indicators may bolster U.S. stocks this week, but jitters over Greece's debt and investigations into Goldman Sachs will test the market's resiliency.
April's jobs report and a slew of other economic indicators may bolster U.S. stocks this week, but jitters over Greece's debt and investigations into Goldman Sachs will test the market's resiliency.
Stocks staged a late-day comeback on Thursday as strong quarterly profits from consumer bellwethers like Starbucks Corp outweighed worries about Greece's shaky finances.
Stocks staged a late-day comeback on Thursday as another steady drumbeat of strong quarterly profits from consumer bellwethers like Starbucks Corp outweighed worries about Greece's finances.
Walgreen Co's sales at drugstores open at least a year rose 2.3 percent in March, helped by an early Easter holiday that was also expected to boost the wider retail sector.
Energy shares led stocks higher on Monday as economic data gave support to investors' bets the economy is improving.
Optimism about an improving labor market and corporate profits could propel U.S. stocks higher this week as earnings season approaches.
Optimism about an improving labor market and corporate profits could propel U.S. stocks higher next week as earnings season approaches.
Prices of single-family homes rose in January for the eighth straight month and the annual rate moved the closest it has been to an increase in three years, Standard & Poor's/Case Shiller home price indexes showed on Tuesday.
