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Wall Street Week Ahead: Market is oversold, but major signs say "sell"

Sun, 20 May 2012 10:32:02 EDT

Normally a big decline would set up Wall Street for a technical rebound. But that may not be the case this week, even after the market posted its worst weekly loss for the year and the S&P fell for six straight sessions.

Facebook stock seen facing crucial week after modest debut

Sun, 20 May 2012 20:00:03 EDT

Newly issued shares in Facebook Inc may have a hard time in the coming week if lead underwriter Morgan Stanley stops supporting the stock and managers lower down in the IPO book who were hoping for an early surge decide to get out before going underwater.

Stocks rise from year's lows, euro flat

Mon, 21 May 2012 15:16:02 EDT

Global stocks rebounded from lows for the year and the euro steadied on Monday as world leaders emphasized support for growth in the euro zone and China said priority should be given to maintaining its economic expansion.

Banks, commodities lead FTSE bounce after torrid week

Mon, 21 May 2012 04:48:02 EDT

Britain's top shares moved higher on Monday, recovering modestly after a torrid time last week, with banks and commodity stocks in the vanguard, although the underlying mood remained cautious as worries over the euro zone sapped overall investor sentiment.

Stock index futures signal early rebound

Mon, 21 May 2012 04:56:01 EDT

Stock index futures pointed to a higher open on Wall Street on Monday, with futures for the S&P 500 up 0.85 percent, Dow Jones futures up 0.49 percent and Nasdaq 100 futures up 0.79 percent at 0842 GMT.

Banks, commods push FTSE up but outlook limits gains

Mon, 21 May 2012 07:24:02 EDT

Banks and commodity stocks helped Britain's leading share index to bounce on Monday, after sharp falls last week with sentiment tainted by lingering doubts over stability of the euro zone and G8 leaders doing little to calm investors' long-term fears.

Stock futures higher as G8 wants Greece in euro

Mon, 21 May 2012 07:32:02 EDT

Stock index futures rose on Monday after Wall Street posted its worst weekly loss for the year and on assurances that world powers want debt-laden Greece to remain in the euro.

Stock futures signal rebound, G8 assures investors

Mon, 21 May 2012 08:32:02 EDT

Stock index futures rose on Monday after Wall Street posted its worst weekly loss for the year and on assurances that world powers want debt-laden Greece to remain in the euro zone.

Wall Street set to rise, but Facebook weighs on sentiment

Mon, 21 May 2012 09:32:02 EDT

Wall Street was set for a higher open on Monday, rebounding from its worst weekly decline for the year, on assurances that world powers want debt-laden Greece to remain in the euro zone.

Wall Street rises at open after worst week of year

Mon, 21 May 2012 10:08:02 EDT

Wall Street edged higher at the open on Monday, rebounding from its worst weekly decline for the year, on assurances that world powers want debt-laden Greece to remain in the euro zone.

JPMorgan suspends stock buybacks in face of loss

Mon, 21 May 2012 10:08:02 EDT

JPMorgan Chase & Co Chief Executive Officer Jamie Dimon said on Monday the bank has suspended its repurchases of its stock but is maintaining its dividend, while working down losing trades in credit derivatives.

Wall Street rises, Facebook weighs on Nasdaq

Mon, 21 May 2012 10:08:03 EDT

Stocks edged up in morning trading on Monday, bouncing back from their worst weekly decline for the year, as world leaders expressed support for Greece to stay in the euro zone, but the Nasdaq was pressured as shares of Facebook fell more than 10 percent.

Wall Street edges up but Facebook's decline weighs

Mon, 21 May 2012 10:24:04 EDT

Stocks edged up on Monday from their worst weekly decline for the year as world leaders expressed support for Greece to stay in the euro zone, but gains were limited as shares of Facebook dropped more than 13 percent shortly after the open.

Nasdaq, S&P 500 gain 1 percent

Mon, 21 May 2012 10:56:02 EDT

Stocks rose on Monday, with the Nasdaq and the S&P 500 up 1 percent as markets recovered from their worst weekly decline for the year after world leaders expressed support for Greece to stay in the euro zone.

JPMorgan stops stock buybacks, maintains dividend

Mon, 21 May 2012 15:00:04 EDT

JPMorgan Chase & Co CEO Jamie Dimon took another step that showed humility and caution in the wake of a stunning $2 billion loss, or more, on derivatives by announcing on Monday that the company will quit spending capital on stock buybacks.