NYSE

Banks drag Wall Street lower as fear returns

Traders work on the floor of the New York Stock Exchange
Fear returned to Wall Street on Wednesday, sending the S&P 500 to another 4 percent decline, triggered by worries that Europe's debt crisis could engulf French banks and spill onto the U.S. financial sector.
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A Wells Fargo bank is pictured in Dallas

Wells Fargo Upgraded at FBR Capital

FBR Capital Markets upgraded its rating on shares of Wells Fargo & Co. (NYSE: WFC) to "outperform" from "market perform" while maintaining its price target of $31 as valuation was too attractive to ignore.
Traders work on the floor of the New York Stock Exchange

Wall Street Plunges After S&P's U.S. Debt Downgrade

U.S. stocks plummeted for the second straight session, driving the S&P 500 and the Nasdaq down 6 percent on Monday in the first session since Standard & Poor's cut the nation's perfect AAA credit rating.
EMC Manufacturing, Cork, Ireland

Auriga Upgrades EMC to 'Buy'

Auriga USA has upgraded the shares of EMC Corp (NYSE:EMC) to 'buy' from 'hold', saying that the company would increase its margins and profits by gaining market share in the storage space.

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