U.S. stocks are poised for a higher start Wednesday, following Spain's announcement of drastic cuts as it aims for fiscal responsibility.
U.S. stocks are likely to get a lift from news over the weekend of a $125 billion bailout for Spanish banks and stronger-than-expected Chinese trade.
U.S. stocks were poised for a mixed open Tuesday as investors turn their attention to two reports on housing and await Apple's earnings after the close.
U.S. stocks were headed for a weak open Thursday, taking their cue from world markets on the final trading session of the week, as worries about the European debt crisis bubbled up.
U.S. stocks were poised to open higher Monday as Fed chairman Ben Bernanke's comments on the job market gave investors reason to believe interest rates will stay low.
U.S. stocks were headed for a lower open Tuesday as Asian and European markets lost ground and investors digest new data on the housing market.
For investors, the words credit default swap can bring back painful memories of 2008. But in the case of Greece, the dreaded derivatives may not be the ticking time bomb some have feared.
Gas prices approaching $4 a gallon on average are causing severe economic pain for millions of Americans. Pump prices spiked 5% in the past month alone. Crude oil prices stood at $108 on Friday, up from only double digits at the beginning of the month.
It looks like Greece will avoid an outright default in the short run now that eurozone finance officials have signed off on a second bailout for the debt-stricken nation.
U.S. stocks were poised to open lower Thursday, as nervous investors continue to question whether Greece will secure a second bailout.
Facebook's upcoming IPO will make founder and CEO Mark Zuckerberg a billionaire -- but it will also stick him with an eye-popping tax bill that could reach as high as $2 billion.
U.S. stock futures lost momentum after a weaker-than-expected U.S. economic report, and while Europe's debt crisis still looms in the background.
U.S. stock futures got an early boost Thursday after Italy and Spain's first bond auctions of the year drew solid demand, calming fears about Europe's debt crisis. But futures quickly lost momentum after the release of weak economic reports from the U.S. government.
U.S. stocks were headed for a higher open Friday, following a stronger-than-expected jobs report.
More than a year ago, federal regulators tried to put new limits on the types of risky bets on foreign sovereign debt that brought down Wall Street firm MF Global this week.
A government regulator said in court Wednesday that roughly $600 million is missing from the books of bankrupt brokerage MF Global. The firm, headed by former New Jersey governor and Goldman Sachs CEO Jon Corzine, filed for Chapter 11 protection on Monday following a panic from investors over its holdings of risky European debt. (MF Global: Sorting through the debacle.)
The $633 million that allegedly disappeared from customers' accounts at MF Global seems to have vanished just days before the company folded, according to the operator of the nation's major commodities and futures exchanges.
The FBI and federal prosecutors are investigating how some $600 million of MF Global customers' money has gone missing, CNN learned Tuesday from sources close to the probe.
U.S. stocks were set to open higher on Thursday, as investors weighed improving jobs data with a weaker final reading on economic growth. Dow Jones industrial average, S&P 500 and Nasdaq futures were all higher ahead of the opening bell, but the indicators came off their earlier highs. Stock futures indicate the possible direction of the markets when they open at 9:30 a.m. ET.
U.S. stocks are gearing up for a higher open, but trading could be choppy Friday as investors also close out options and futures contracts that expire.
U.S. stock futures hovered around breakeven Tuesday morning, as investors remain cautious after S&P issued a eurozone warning.
U.S. stock futures were higher Monday, as investors looked to European leaders to ease debt concerns.
With the economy wobbling, what's the best way to tell whether the stock market is headed for a complete meltdown or poised for a roaring rally? Simple: Watch the spreads. No, not the latest lines from Vegas oddsmakers. Rather, experts point to three key metrics in the credit markets that have historically given investors a good sense of the risk environment ahead.
Investors better buckle up. U.S. stocks are headed for a sell-off at Wednesday's open, after Italy's key bond rate rose above 7%, sparking worry that Italy may be forced to seek a bailout.
U.S. stocks were set to tumble at the opening bell Tuesday after Greece's prime minister called an unexpected public referendum to approve Europe's bailout deal.
U.S. stocks geared up for a mixed open Tuesday, as investors mull over more company earnings, a faster-than-expected rise in producer prices and slower Chinese economic growth.
U.S. stocks were headed for a lower open Tuesday as investors await Slovakia's vote to expand the European bailout fund and the first corporate results of the third quarter.
U.S. stocks were set to open higher Thursday, as investors took in the latest interest rate decisions from the Bank of England and European Central Bank.
Stocks were headed for a strong open Thursday after the latest reading on U.S. economic growth came in much stronger than expected.
Europe default risks are on the rise. Take one look at the market for credit default swaps, and the probability that Greece will default on its $345 billion in debt is near 100%. Portugal, Ireland, Spain and Italy aren't too far behind.
The debt crisis in Europe is knocking on Italy's door, but American banks still appear to be well insulated from the dreaded contagion.
This must happen to many parents. Your kid grows up, goes to college, moves away from home and becomes an adult you hardly even recognize anymore.
U.S. stocks were set to open lower Tuesday, amid renewed fears of a eurozone debt crisis and concerns about the global economy.
Investors were taking a step back early Tuesday, with stocks headed for a modestly lower open, ahead of a report on consumer confidence and minutes from the latest Federal Reserve meeting.
U.S. stocks were headed for a slightly higher open Wednesday, as investors digested a report showing tame wholesale inflation and latest batch of corporate earnings.
U.S. stocks were set for a higher open Friday, following a choppy week of trading and huge gains in the previous session, as investors reacted to a healthy report on retail sales.
Fear is high and investors are fleeing to gold.
U.S. stocks were set to fall Wednesday, following the previous session's huge rally in the aftermath of the Federal Reserve's pledge to keep interest rates exceptionally low through the middle of 2013.
With its winners and losers, Wall Street is often likened to a big casino for obvious reasons. And even when it comes to a possible U.S. default next week, at least a few financial players are looking to cash in on such a bleak turn of events.
U.S. stocks were set to drop at the opening bell Friday, after the monthly jobs report showed employers added just 18,000 positions in June.
U.S. stock futures pointed to a muted open Thursday, following one of the worst sessions of the year, as investors remained on edge ahead of the highly-anticipated May jobs report due Friday.
Federal regulators charged five oil speculators Tuesday with manipulating the price of crude and making a $50 million profit from the scheme.
Commodity prices across the board took a dive Wednesday, as the dollar rallied against the euro and investors feared that higher global inflation will force central banks to boost interest rates.
Stocks were headed for another day of gains Thursday, with tech stocks primed for a significant advance after Apple reported strong quarterly earnings.
U.S. stocks were headed for a major sell-off at the start of trading Tuesday, following an 11% drop in Japan's leading index in the wake of a nuclear crisis caused by last week's earthquake.
Congressional Republicans intent on big spending cuts are on a collision course with Wall Street's top regulators over a plan to slash millions from agency budgets.
Stock exchanges around the world are struggling to gain a foothold in areas where their biggest customers - banks - already have a significant stronghold.
More investors appear to be betting that the United States' ever-rising debt load is going to get worse and are working to protect themselves against it.
Want Congress to freeze government spending? Well, it already has.
The U.S. Commodity Futures Trading Commission filed suit Wednesday against 14 foreign exchange dealers it alleges were engaged in illegal currency trading.
updated: Tue Jan 18 2011 21:53:00
Apple's Steve Jobs announced Monday he's taking a medical leave of absence. So, what will this mean for the tech giant?
A man identified as a former commodities trader has been arrested on charges that he issued online threats to kill government officials, the FBI and federal prosecutors said Friday.
Stock futures turned lower Friday after a government report showed that U.S. job growth in November was much slower than expected.
A large investor using an automated trading software to sell futures contracts sparked the brief-but-historic stock market "flash crash" on May 6, according to a report by federal regulators released Friday.
U.S. stocks were poised for early gains ahead of the market open Tuesday, after reports that showed an bigger-than-expected uptick in new home construction.
Better-than-expected earnings from Oracle and Research in Motion were expected to lift U.S. stocks, particularly the tech sector, at Friday's open.
U.S. stock futures were mixed Monday, signaling a weak open, as investors digested billion-dollar corporate deals and a move by the Bank of Japan to shore up its economy.
U.S. stock futures popped Friday as investors digested a better-than-expected downward revision of second-quarter economic growth. Traders also awaited key speech from Federal Reserve Chairman Ben Bernanke on the economic outlook and monetary policy.
As investigators comb through the wreckage of the financial meltdown, one fact remains clear and startling: Credit default swaps and collateralized debt obligations, as well as debt and equity from large financial firms were useless as indicators of fiscal health. One of the biggest revelations has been the utter failure of markets to capture the relevant information required to set accurate prices on securities.
Volatility in the stock market is a lot like turbulence on an airplane: scary, nausea-inducing, and, if at all possible, best to ignore. Just as a plane almost certainly will land safely despite the uncomfortable bumps, the market usually rises over time (the gruesome past decade notwithstanding). Yet while for the vast majority of investors the sensible thing to do in the face of choppy markets is nothing at all, some yearn to seize the day. After all, seesawing prices can mean opportunity.
Stocks were set to open little changed Friday as investors appeared to take a wait-and-see attitude toward the markets during "quadruple witching," a day when four key types of stock contracts all expire simultaneously and can increase market volatility.
Could predicting the next box office flop make you rich? Not if Hollywood has its way.
Investment firm Waddell & Reed responded Friday to a media report that it placed a large sell order for certain stock futures that regulators believe may have contributed to last week's brief-but-historic stock market crash.
Airlines and banks tend to be on the same page when it comes to regulation of business -- they don't want it.
Last week's brief-but-historic stock market plunge was triggered by a combination of unusual factors, but its ultimate cause remains a mystery, executives from the nation's leading stock exchanges and market regulators told Congress on Tuesday.
The first thing you learn when you start looking at Wall Street, which I've been doing for 40 years, is to never trust the salesmen. What they promise you isn't necessarily what you get. You need to use common sense, watch out for your own interests, and at least make an attempt to understand the fine print.
The U.S. Commodity Futures Trading Commission says it has levied a multimillion-dollar fine against a division of Morgan Stanley and a smaller fine against UBS for violating trading rules on the New York Mercantile Exchange.
Stocks slipped Friday as a strong dollar dragged on commodity prices, giving investors a reason to step back after pushing the Dow, S&P 500 and Nasdaq composite to 18-month highs in the previous session.
U.S. stocks were poised to open little changed Friday, as investors remain reluctant to place big bets following the recent run up.
U.S. stock futures fell Friday, as the Federal Reserve's decision to raise its emergency funding rate triggered worries about tighter credit.
Stocks ended higher Friday, with technology shares leading the rebound, amid heavy volume on a day of contract expirations and little economic news.
Stocks were poised for early gains Friday after struggling amid weakened investors sentiment and a stronger U.S. dollar.
Stocks were set to open higher Monday after Dubai secured financing, helping to stem the country's ongoing debt troubles, and Citigroup announced it will repay its bailout funds.
You could hear John Arnold trying to choose his words carefully. Seated at a conference table inside a drab government building in Washington, D.C., in August, Arnold hardly fit the stereotype of a swaggering, 35-year-old billionaire natural-gas trader.
Gasoline prices jumped nearly 18 cents over the past two weeks, the first two-week rise since early August, according to a survey published Sunday.
The government's case in what it is calling the largest insider trading case involving a U.S. hedge fund contains a detailed list of trades involving household-name companies.
Wall Street stretched to new one-year highs Friday as investors weighed economic optimism with jitters about the pace of the rally amid the "quadruple witching," a big quarterly options expiration.
Investors readied for a moderately higher open on Wall Street Friday, as optimism about the economic recovery offset concerns about the recent surge in stocks.
Stocks ended modestly lower Thursday as investors struggled to balance hopes for an economic recovery with fears that equities have surged too far, too fast.
U.S. stocks were poised for a flat open Thursday, following government reports on the job and housing markets.
Did you know you can invest in the weather? It's true. You can actually make money speculating that the temperature in Sacramento, California, will be warmer than it normally is. If that's too dull for your portfolio, you can put money down on the inches of snowfall next winter in Boston, Massachusetts, or the strength of hurricanes in the Gulf of Mexico.
Stocks were set to open lower Monday as investors await a speech by President Obama about financial services reform and keep an eye on a China-U.S. trade spat.
Last year Andrew Hall, the head of Citigroup's energy trading unit, made over $100 million, making him one of the highest paid people on Wall Street.
Derivatives are largely an insiders' game. That's one conclusion to be drawn from a new report suggesting that five big banks account for an overwhelming percentage of the total market. That could be bad news for those arguing against tougher regulation of the market.
The Obama Administration has given itself two months to tell Congress what new legislation is needed to control over-the-counter derivatives, and testimony by Secretary of the Treasury Timothy Geithner late last week indicated how incredibly difficult the job of writing a law is going to be.
The ever-present derivatives threat for big banks eased a bit in the first quarter.
Since it is chillingly clear that U.S. financial institutions have for a good while been regulated no more stringently than, say, demolition derby drivers, Washington has belatedly locked the garage door and begun to debate strict new rules. The blueprint at hand is President Obama's sweeping proposal in mid-June to revamp the responsibilities of government agencies and impose new regulations on the financial establishment. Nothing about this plan will fall easily into place: Too many government agencies will dig in their heels. Too many financial companies will battle every aspect of reform that threatens their bottom lines.
Treasury Secretary Tim Geithner set plans Wednesday to rein in the wild and wooly derivatives markets.
One corner of the wild and wooly world of derivatives is about to get a little tamer -- and not a moment too soon for those who fret over the rising cost of bailouts.
Former AIG Chief Executive Maurice "Hank" Greenberg, blaming his successors for the mistakes that led to the company's failure, told Congress Thursday that the government's plan to unwind the giant insurer is not working and threatens its ability to pay back the billions it has received in taxpayer funds.
The derivatives traders that hit the jackpot with last fall's AIG bailout are getting more attention from the government.
Treasury Secretary Tim Geithner called for new rules Thursday that would allow regulators to police the darkest corners of the financial markets, including big hedge funds and derivatives trading.
Treasury Secretary Tim Geithner returns to Capitol Hill on Thursday and is expected to reveal a much anticipated list of Obama administration priorities for preventing future financial collapses.
A year after the government rescued Bear Stearns, the economy has stumbled badly.
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