- But trading volume continued to be light as investors took a wait-and-see approach ahead of the European Central Bank policy meeting on Thursday and the U.S. government's May nonfarm payrolls report on Friday.
- Stocks gave up early gains on Wednesday as the Dow hovered at its highest level in nearly four years and investors waited for Greece to accept tough reforms in exchange for a new bailout.
- Wall Street was set for a higher open on Monday as strong earnings from Caterpillar offset concerns European policymakers were struggling to narrow differences in tackling the region's debt crisis.
- News that computer hackers had infiltrated the operator of the Nasdaq Stock Exchange is the latest blow for Wall Street as it works to repair an image with investors and traders dented by last year's flash crash.
- Stocks were lower and the S&P 500 remained below a key technical level on Wednesday as conflicting reports showed improved corporate earnings and falling durable goods orders.
- Tech shares led the Nasdaq higher on Wednesday after Intel's strong results, but the Dow and S&P sharply trimmed gains on tepid retail sales figures and ahead of the release of the minutes from the Fed's most recent meeting.
- Stocks advanced on Wednesday, lifted by Intel's strong results, but weaker-than-expected June retail sales limited gains.
Bloomberg: Hedge Funds Frozen in Headlights as Bipolar Market with 1:1 Correlation in All Things Not Named U.S. Treasuries Cause Confusion, Q2 Performance StinkyEven the hedge funds are shaken by HAL9000. Which is ironic since some of the top hedge funds are HAL9000. (but a few of course are not) [May 18, 2010: NYT - Speedy New Traders Make Waves Far from Wall Street] [Aug 28, 2009: WSJ - Meet Getco, High Frequency Trade King] Bu...
- Stocks were little changed on Friday on mixed economic data as major indexes were on track to post their worst week in five.
- Wall Street staged yet another late-day reversal on Wednesday to end lower as news suggesting China was reassessing its euro-zone debt holdings pushed investors into profit-taking mode.
- Stock index futures were set for a lower open on Wednesday as markets were unnerved by Germany's decision to ban naked short selling of certain financial instruments and comments from its chancellor that the euro was in danger.