Stocks slammed as Dow erases 2012 gains
Wall Street suffered its bloodiest day of the year Friday as U.S. stocks sank more than 2% following an ugly jobs report. The Dow erased all its gains for the year, and the S&P 500 and Nasdaq moved into correction territory, down more than 10% from the year’s highs. Business
Continue Reading →U.S. GAINS 243,000 JOBS
American employers substantially stepped up their hiring in January, bringing the unemployment rate down for the fifth month in a row. Business and financial news – CNNMoney.com
Continue Reading →Dow posts gains on hopes for euro bazooka
U.S. stocks ended mostly higher Tuesday as investors remain optimistic that a lasting solution to the eurozone debt crisis will be announced this week. Business and financial news – CNNMoney.com
Continue Reading →Stocks shave gains on eurozone downgrade fears
U.S. stocks rose Monday but finished below their highest levels of the day, as investors turned cautious following reports that Standard and Poor’s may put eurozone nations on notice for possible downgrades. Business and financial news – CNNMoney.com
Continue Reading →Stocks set for big gains
U.S. stocks were poised to kick off the week with sharp gains Monday, amid optimism that European leaders are boosting efforts to contain the region’s ongoing debt crisis. Business and financial news – CNNMoney.com
Continue Reading →Stocks post gains for the week
U.S. stocks ended a strong week on a low note Friday as ongoing concerns about the European debt crisis overshadowed a better-than-expected report on the U.S. job market. Business and financial news – CNNMoney.com
Continue Reading →Stocks eke out gains
Investors were more optimistic Tuesday afternoon after the Federal Reserve’s minutes from its most recent meeting indicated that some Fed members favored more stimulus. Business and financial news – CNNMoney.com
Continue Reading →BIG GAINS FOR STOCKS
U.S. stocks surged on Thursday, following news that European leaders reached an agreement to contain Greece’s debt crisis. Business and financial news – CNNMoney.com
Continue Reading →Stocks poised for modest gains
U.S. stocks were headed for slight gains at Thursday’s open, despite a warning from Moody’s of a possible downgrade to U.S. debt that is sure to weigh on markets. Business and financial news – CNNMoney.com
Continue Reading →Stocks post gains amid Greece worries
U.S. stocks edged higher Monday, but investors remained cautious after European officials failed to agree on a solution for Greece’s debt crisis. Business and financial news – CNNMoney.com
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