• Employers unexpectedly cut jobs in December

    U.S. employers unexpectedly cut 85,000 jobs in December, cooling optimism on the labor market's recovery and keeping pressure on President Barack Obama to find ways to spur job growth.
  • Employers unexpectedly cut jobs in December

    U.S. employers unexpectedly cut 85,000 jobs in December, cooling optimism on the labor market's recovery and keeping pressure on President Barack Obama to find ways to spur job growth.
  • Stock futures little changed as dollar rebounds

    Stock index futures were little changed on Friday as a pullback in commodity prices weighed on natural resource shares as the U.S. dollar rebounded.
  • Stock futures little changed as U.S. dollar rebounds

    Stock index futures were little changed on Friday as a pullback in commodity prices weighed on natural resource shares as the U.S. dollar rebounded.
  • Futures gain on profit optimism, GE upgrade

    Stock index futures rose on Thursday following another string of stronger-than-expected quarterly corporate profits, a broker upgrade for General Electric Co , and fresh indications that the global economic downturn is easing.
  • Futures rise on profit optimism; GE upgraded

    Stock index futures rose on Thursday following another string of stronger-than-expected quarterly corporate profits, including from Visa Inc , and fresh indications that the global economic downturn is easing.
  • Stock futures rise on Home Depot optimism, oil

    Stock index futures rose on Tuesday, positioning Wall Street to recoup the rest of last week's losses, as upbeat quarterly results from Home Depot Inc bolstered hopes the economic downturn was easing.
  • Stock futures jump as Citi chairman fuels bank optimism

    Stock index futures pointed to a fourth straight day of gains on Friday after Citigroup said it did not need any more government capital infusions, bolstering investor optimism that banks might be seeing some stabilization.
  • ANALYST VIEW: Citi, BofA slide anew on nationalization fear

    Shares in Bank of America Corp and Citigroup Inc tumbled to new multi-year lows in premarket electronic trading on Friday on what analysts and investors said was growing fears the two longtime pillars of the U.S. financial sector could soon be nationalized.
  • Bank worries sink Wall Street; Citi plunges

    U.S. stocks tumbled on Friday, depressing the Dow to levels last seen more than six years ago as investors worried a financial sector rescue might involve nationalization of major banks, wiping out shareholders. The mounting fear sent investors scurrying to the relative safety of U.S. government bonds and gold, which rose above $1,000 an ounce. Shares of Bank of America tumbled mor...
  • Bank worries set to trip Wall Street at open

    U.S. stocks headed for a drop at Friday's opening that would extend a rout which has pulled the Dow Jones industrials to a fresh bear-market low, as worries about the fate of major banks escalated. Fears that the U.S. government's bank rescue plan might involve nationalization and that the recession is worsening had investors scurrying toward the relative safety of U.S. government bonds as stoc...
  • Futures signal more Wall Street pain on bank woes

    U.S. stock index futures fell on Friday, putting Wall Street on track to extend a rout that has pulled the Dow Jones industrials to a fresh bear-market low as worries about the fate of major banks mount. Fears that the U.S. government's bank rescue plan might involve nationalization and that the recession is worsening had investors scurrying toward the relative safety of government bonds, with s...
  • Citi, BofA down on nationalization fears

    Shares of Citigroup and Bank of America fell in premarket trade on Friday on the fear that the banks would be nationalized, according to traders. There's that fear that we nationalize banks and this market gets killed, said Matt McCall, president of Penn Financial Group in Ridgewood, New Jersey Citigroup slid 5.2 percent while Bank of America lost 5.9 percent. The Frankfurt-listed shares o...