| Stock Markets Headlines |
| Dow ends up 152 on decline in oil, Bernanke talk
(AP)
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| AP - Wall Street finished sharply higher Tuesday as oil prices dropped for the second straight day and investors were encouraged by the possibility of more help for the ailing financial system. The Dow Jones industrials gained more than 150 points, and all the major indexes were up more than 1 percent.
-- read full article |
| Tue, 08 Jul 2008 22:15:27 GMT - Yahoo! News: Stock Markets News |
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| Asian, European markets fall
(AP)
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| AP - European and most Asian stock markets fell Tuesday, hit with renewed fears over U.S. credit problems and their impact on financial companies after weakness in the previous session on Wall Street.
-- read full article |
| Tue, 08 Jul 2008 12:41:33 GMT - Yahoo! News: Stock Markets News |
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| SEC finds shortcomings in credit raters
(Reuters)
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| Reuters - Credit rating agencies did not
properly manage their conflicts of interests when assigning
ratings to structured products such as mortgage-backed
securities, a report by the U.S. Securities and Exchange
Commission said on Tuesday. -- read full article |
| Tue, 08 Jul 2008 17:30:20 GMT - Yahoo! News: Stock Markets News |
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| Wall St. flat as oil drops as GE gains
(Reuters)
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| Reuters - Stocks were little changed in a seesaw
session on Tuesday as a pullback in oil prices calmed inflation
concerns and rekindled optimism about corporate profits but
sent energy shares lower.
-- read full article |
| Tue, 08 Jul 2008 18:26:36 GMT - Yahoo! News: Stock Markets News |
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| Toronto stocks knocked down by oil
(Reuters)
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| Reuters - The Toronto Stock Exchange's main index
fell more than 2 percent on Monday, putting it on the cusp of a
correction, as it was dragged down by weak resources and gloom
over the outlook for economic growth.
-- read full article |
| Mon, 07 Jul 2008 21:35:22 GMT - Yahoo! News: Stock Markets News |
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| Financial worries weigh on Wall Street
(Reuters)
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| Reuters - Stocks fell on Monday on concerns that
the top two mortgage providers would have to raise even more
capital, severely devaluing existing shareholders' stakes,
while big energy companies fell along with oil prices.
-- read full article |
| Mon, 07 Jul 2008 21:35:48 GMT - Yahoo! News: Stock Markets News |
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| Stocks fall on worries about financial sector
(AP)
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| AP - Wall Street lost more ground in extremely volatile trading Monday, as investors recoiled at a cautious economic outlook from a Federal Reserve official and the possibility of more financial troubles of Fannie Mae and Freddie Mac.
-- read full article |
| Mon, 07 Jul 2008 21:39:52 GMT - Yahoo! News: Stock Markets News |
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| Economy - Monday
(Investor's Business Daily)
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| Investor's Business Daily - The Federal Reserve and the SEC formally agreed to share information about commercial and investment banks. Regulators want to beef up oversight of Wall St. firms, especially now that the Fed has started letting brokerages borrow directly from the central bank since Bear Stearns' mid-March near-collapse. The Fed has oversight of bank and financial holding companies, while the SEC regulates securities firms, including brokerage giants Goldman Sachs , Lehman Bros. , Merrill Lynch and Morgan Stanley . -- read full article |
| Mon, 07 Jul 2008 22:55:40 GMT - Yahoo! News: Stock Markets News |
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