DOW JONES

US Stocks - Time To 'Sell In May And Go Away'?

US Stock Market
You can't blame investors for feeling a bit squeamish regarding deploying new money in the U.S. stock market these days, with the Dow Jones Industrial Average?s (DJIA) recent slide from 13,300 to 12,450 unnerving even the most experienced institutional investors. Where?s the market headed in the next six months?

US Stocks Close Mostly Up Week With Mostly Down Day: Daily Markets Wrap

New York Stock Exchange
U.S. equities closed a moderately green week with a moderately red day on Friday, as the Dow Jones Industrial Average fell 74.92 points, or 0.60 percent, to 12,454.83, the S&P 500 index dropped 2.86 points, or 0.22 percent, to 1,317.82, and the Nasdaq Composite index dipped 1.85 points, or 0.07 percent, to 2,837.53.
More news
Traders on the floor of NYSE

Stocks Post Late-Session Recovery: Daily Markets Wrap

U.S. stocks cut losses late in Wednesday's trading session, with two key indexes barely squeaking into positive territory on the strength of surging commodities prices and the shares of companies that produce them.
Markets

European Stocks Boosted By Positive Outlook: Daily Markets Wrap

Comments regarding a rebound in the Chinese economy from the Organization for Economic Cooperation and Development lifted stocks earlier Tuesday and kept Asian and European bourses in the green. The comments came after Chinese Prime Minister Wen Jiabao said last weekend his government would focus more on growth than inflation.
Nasdaq

Stocks Rally, China Hints At Stimulus: Daily Markets Wrap

The strain in this relationship between Germany and France was apparent Monday as finance ministers from both countries failed to resolve the question whether the euro zone would benefit from issuing joint European bonds. Berlin rejects the idea, stipulating that struggling economies need to clean up their messes before being given a reason not to.
Traders work on the floor of the New York Stock Exchange

US Stock Futures Signal Rebound Monday

Futures on major U.S. indices point to a slight rebound on Wall Street Monday after a string of losses last week amid worries Greece might leave the euro and an emerging debt crisis in Spain.
US Stock Market

US Stock Index Futures Signal Higher Open Monday

U.S. 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.
A technician of computer microprocessors maker AMD poses for the media with a wafer at the chip plant in Dresden

ARM, Intel Battle Heats Up

Low-power processor maker ARM Holdings PLC (Nasdaq: ARMH) is stepping up the rhetoric against chip rival Intel Corp. (Nasdaq: INTC), saying it expects to take more of Intel's share in the notebook personal-computer market than Intel can take from it in the smartphone market.
Facebook IPO

Stocks Slump On European Risk, Tepid Facebook IPO: Daily Markets Wrap

World stock markets fell Friday, slammed by ratings cuts for Greece and five of its banks, which were announced ahead of a crucial Group of 8 summit this weekend. While Facebook's much-anticipated initial public offering provided a temporary distraction for traders, its first-day performance concluded with more of a whimper than a bang.
ArcelorMittal Chief Financial Officer Aditya Mittal.

Steelmaker Nucor Buys Skyline For $605 Million

U.S. steelmaker Nucor Corp. (NYSE: NUE) said Friday it will buy Skyline Steel LLC and its subsidiaries from Luxembourg's mining and steel company ArcelorMittal (NYSE: MT) for $605 million.
Spanish Economy

Spanish Non-Performing Debt Highest In 18 Years

The ratio of bad debt held by Spanish banks increased in March and hit an 18-year high of 8.37 percent, or $187.5 billion, the country?s central bank announced on Friday. The number of nonperforming loans with payments that are 90 days overdue is now about 10 times larger than it was during the peak of the property boom in 1997.
Madrid stock exchange

Spain, Greece Spur Fear, Boosting US Dollar, Bonds: Daily Markets Wrap

European stocks lost big Thursday as Greek banks were cut loose from European Central Bank support and Spain's borrowing costs kept skyrocketing. The head of the International Monetary Fund, Christine Lagarde, also warned today of the extremely expensive consequences of Greece leaving the currency bloc.
Banking on superhero

ECB To Greek Banks: You're On Your Own, For Now

The European Central Bank in Frankfurt said Wednesday it is temporarily cutting off liquidity to Greek banks that are inadequately capitalized, pushing the onus of emergency assistance on the Greek central bank.
File photo of a man looking at employment opportunities at a jobs center in San Francisco

US Jobless Claims Flat At 370,000 - Higher Than Expected

More Americans than expected filed for jobless benefits last week, echoing comments in the minutes of the April Federal Open Market Committee meeting that suggested policymakers feel unsure about the true state of the labor market.
Traders work on the floor of the New York Stock Exchange

US Futures Flat Thursday

Futures on major U.S. indices point to a flat opening on Thursday ahead of economic data including weekly jobless claims
Greece

Greece Concerns Counteract Good News In US: Daily Markets Wrap

Greece continued to weigh heavily on confidence Wednesday as bank customers there began sending cash out of the country or hiding it under their beds -- this despite hints from German Chancellor Angela Merkel that a stimulus would be forthcoming if the country stuck to its austerity commitments.
US Housing Starts

US April Housing Starts Rebound, But Permits Fall

U.S. builders began work on more homes than expected in April, government figures showed on Wednesday. But the data suggested that builders might also be slowing their future construction plans.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.