AP - Wall Street retreated Monday as traders speculated about the future of General Motors Corp. and awaited a flurry of earnings reports and data that could provide insight into the direction of the economy.
AP - Asian markets gained more ground Monday as Japan's new $150 billion stimulus plan and upbeat news about Chinese bank lending boosted hopes for recovery in the region's major economies.
Reuters - If Wells Fargo's strong first-quarter preliminary performance is any sign, stocks could rally further this week on any reassuring news when three other big banks post quarterly results.
Reuters - The new top cop at the U.S. Securities and Exchange Commission is viewed as the best hope in years to root out financial fraud and convince fuming investors that the regulator that missed Bernard Madoff's massive fraud is up to the job. -- read full article
Reuters - If Wells Fargo's upbeat first-quarter performance is any sign, Wall Street could rally further next week on any reassuring news from three other big banks due to post quarterly results.
Reuters - Japan's government is finalizing plans to provide Pakistan with up to $1 billion in economic aid over the next two years, the Nikkei business daily reported Saturday. -- read full article
AP - Asian stocks finished mostly higher Friday in holiday-thinned trading, extending big gains logged in markets around the world the previous day as investors' newfound confidence in the economy grows.
Reuters - Oil prices rose nearly 5.8 percent on Thursday, fueled by a rally on Wall Street and data showing that the number of workers filing new claims for unemployment benefits fell last week.
AP - Stocks rallied Thursday to their highest levels in two months after Wells Fargo & Co. surprised the market with an early profit report that blew past analysts' expectations. The major market indexes logged their fifth straight week of gains. U.S. financial markets are closed for Good Friday.
AP - Treasury prices fell Thursday after a surprisingly strong profit at Wells Fargo and better-than-expected unemployment data drove investors into stocks. -- read full article
Reuters - Stocks jumped on Thursday after Wells Fargo said it expects to report a record quarterly profit, fueling a month-long rally prompted by hopes that deterioration in the financial sector was abating.
AP - Stocks surged Thursday to their highest levels in two months after banking giant Wells Fargo & Co. surprised the market with an early profit report that blew past analysts' expectations thanks to a strong increase in its lending business.
Reuters - If Wells Fargo's upbeat first-quarter performance is any sign, Wall Street could rally further next week on any reassuring news from three other big banks due to post quarterly results.
