The $2 billion trading loss at JPMorgan Chase has renewed calls for stricter oversight of Wall Street banks. Two years after Congress passed an overhaul of financial rules, many of those changes have yet ...
The CBOE Volatility Index climbed into yesterday's close to finish at its high of the day. The index rose 9.95 percent to 21.87. The S&P 500 was down 1.11 percent to 1338.35, though off its morning low ...
The Source ArticleEscalating fears over Greece carried over into the U.S. markets again yesterday, marking the start of a second week of declines for May. The S&P 500 saw a large gap down right after the open, hitting the ...
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President Barack Obama says JPMorgan Chase's $2 billion loss in high-risk trading demonstrates the need for the Wall Street rules that Congress passed two years ago. Many of the rules are still being written ...
Stocks fell on Monday as investors dealt with the one-two punch of worsening political upheaval in the euro zone and the possibility that China's economy may be softening more than previously thought. ...
A political stalemate in Greece rattled financial markets worldwide on Monday, sending U.S. stocks lower.The price of oil and Treasury yields hit their lowest levels of the year as traders dumped riskier ...
A political stalemate in Greece rattled financial markets worldwide on Monday, sending U.S. stocks lower.The price of oil and Treasury yields hit their lowest levels of the year. The euro sank to a three-month ...
Stocks tend to be most volatile around earnings season, when a good or bad report can make or break it. However, a good or even great earnings report doesn't necessarily translate into a huge pop for a ...
The Source ArticleStocks tend to be most volatile around earnings season, when a good or bad report can make or break it. However, a good or even great earnings report doesn't necessarily translate into a huge pop for a ...
The Source ArticleDOWN, AGAIN: The Dow Jones industrial average has now fallen for two weeks in a row. It has fallen in seven of the last eight trading sessions.JPMORGAN: Financial stocks led the decline after JPMorgan ...
The Source ArticleBig names fall.
The Source ArticleAmong the stock activity stories for Friday, May 11, from AP Business News:— Shares of oil and gas company Chesapeake Energy Corp. fell after a published report said the company didn't tell investors about ...
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JPMorgan's surprise $2 billion trading loss prompted a sell-off in financial stocks Friday, but the broader market rose as investors decided this was a problem for investment banks and not other industries.The ...
Shares of the major U.S. banks tumbled Friday on news that JPMorgan Chase, the country's largest bank, lost $2 billion in the past six weeks in a trading portfolio that was intended to reduce its financial ...
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Stocks rose on Friday after a strong outlook from chipmaker Nvidia and surprisingly robust consumer confidence offset a slide in bank shares after disclosures of huge trading losses at JPMorgan Chase & ...
Global stocks rebounded on Friday on data that showed U.S. consumer sentiment rose to its highest level in more than four years in early May, but commodity prices fell after weak data from China reduced ...
JPMorgan's surprise $2 billion trading loss prompted a sell-off in financial stocks Friday, but the broader market rose as investors decided this was a problem for investment banks and not other industries.The ...
Major bank stocks fell sharply Friday after JPMorgan Chase surprised investors by announcing a $2 billion trading loss.JPMorgan's stock dropped 9 percent in early trading, the most of the 30 stocks in ...
U.S. stock index futures were down on Friday, pointing to a lower open on Wall Street, after JPMorgan Chase & Co stunned investors with news of "significant mark-to-market losses" that it said ...
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Stock index futures fell sharply on Thursday evening as JPMorgan Chase & Co stunned investors with news that its chief investment office had incurred "significant mark-to-market losses" that ...
Today’s session was no barn-burner by any means, but at least we got to see major benchmarks finish in positive territory and snap a six day losing streak. The Dow squeezed out gains of 20 points while ...
The Source ArticleAmong the stock activity stories for Thursday, May 10, from AP Business News:— Shares of Monster Beverage Corp. jumped after the energy drink maker beat Wall Street expectations with a 38 percent increase ...
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The Dow Jones industrial average broke a six-day losing streak Thursday, notching a small gain after the government released better unemployment numbers.The Dow rose 19.98 points to close at 12,855.04, ...
Stocks rose on Thursday, putting the Dow Jones industrial average on track to break a six-day losing streak.The gains came after the government said claims for unemployment benefits edged lower last week. ...
Stocks on Wall Street were mixed at midday, with the Dow higher in spite of a steep decline in shares of Cisco (CSCO) following its earning report and guidance. Stock futures rallied into positive territory ...
The Source ArticleStocks rose modestly on Wall Street Thursday, breaking a six-day losing streak for the Dow Jones industrial average, after the government said weekly jobless claims edged down.The lower jobless number ...
U.S. stock futures are higher with the government reporting that weekly jobless claims edged downward last week, suggesting that employers may accelerate hiring this month.Weekly applications dropped 1,000 ...
Global stockpiles of corn and soybeans are set to rise next autumn after years of thinning inventories, the U.S. Agriculture Department was expected to say on Thursday, offering hope for a break in the ...
Stocks fell for the fifth day in six on Wednesday as investors kept their focus on the turmoil in Europe, but news that Greece will receive its latest debt bailout payment helped cut losses late in the ...
Stocks fell for the fifth day in six on Wednesday as investors kept their focus on the turmoil in Europe, but news that Greece will receive its latest debt bailout payment helped cut losses late in the ...