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    Stock Markets Headlines
    Barclays stake sale weighs on London shares (AFP)

    London's stock market fell on Tuesday, hit by news that Abu Dhabi will sell a large stake in Barclays bank, while other European markets steadied after recent sharp gains.(AFP/File/Ben Stansall)AFP - London's stock market fell on Tuesday, hit by news that Abu Dhabi will sell a large stake in Barclays bank, while other European markets steadied after recent sharp gains.


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    Tue, 02 Jun 2009 11:59:09 GMT - Yahoo! News: Stock Markets News
    Cox Questioned Fannie, Freddie Oversight While at SEC (Bloomberg)
    Bloomberg - June 2 (Bloomberg) -- Christopher Cox, in one of his last acts as Securities and Exchange Commission chairman, took Fannie Mae and Freddie Mac’s regulator to task in a letter questioning whether the agency was upholding its legal duty to “preserve and conserve” the mortgage companies’ assets. -- read full article
    Tue, 02 Jun 2009 13:41:24 GMT - Yahoo! News: Stock Markets News
    Goldman Sachs names ex-SEC chief Levitt as advisor (Reuters)
    Reuters - Clinton-era Securities and Exchange Commission chairman Arthur Levitt has signed on as an advisor to Goldman Sachs Group Inc , the Wall Street firm announced on Tuesday. -- read full article
    Tue, 02 Jun 2009 15:17:53 GMT - Yahoo! News: Stock Markets News
    FTSE 100 dips on Barclays share sale (AFP)

    A man uses a cashpoint machine at a branch of Barclays Bank in Hounslow, west London. The London stock market wobbled on Tuesday as Barclays led the banking sector lower on news that Abu Dhabi will sell a large part of its stake in the British banking giant.(AFP/File/Adrian Dennis)AFP - The London stock market wobbled on Tuesday as Barclays led the banking sector lower on news that Abu Dhabi will sell a large part of its stake in the British banking giant.


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    Tue, 02 Jun 2009 16:48:27 GMT - Yahoo! News: Stock Markets News
    Wall Street trims gains as financials offset data (Reuters)

    A Trader works on the floor of the New York Stock Exchange, June 1, 2009. REUTERS/Brendan McDermidReuters - U.S. stocks reduced earlier gains on Tuesday as financial shares came under pressure after several companies announced stock offerings. Major indexes had been higher in morning action after better-than-anticipated housing data bolstered hopes that the recession is abating.


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    Tue, 02 Jun 2009 17:11:12 GMT - Yahoo! News: Stock Markets News
    Stocks trade in tight range following rally Monday (AP)

    A Trader works on the floor of the New York Stock Exchange, June 1, 2009. REUTERS/Brendan McDermidAP - Investors are holding onto their gains a day after rushing into the stock market.


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    Tue, 02 Jun 2009 17:46:02 GMT - Yahoo! News: Stock Markets News
    Nasdaq CEO: short ban did not affect stock price (Reuters)
    Reuters - Data suggests that the U.S. ban on short selling of financial stocks in 2008 did not impact stock prices, the chief executive of exchange operator Nasdaq OMX Group Inc told business leaders on Tuesday. -- read full article
    Tue, 02 Jun 2009 17:55:19 GMT - Yahoo! News: Stock Markets News
    Banks shares feel pressure from capital raises (AP)
    AP - Financial stocks came under pressure Tuesday as several big banks scrambled to raise capital to help repay government bailout funds. A negative outlook on the sector from Moody's also weighed on stocks. -- read full article
    Tue, 02 Jun 2009 17:57:43 GMT - Yahoo! News: Stock Markets News
    SEC adds COO job to tighten agency's management (Reuters)

    U.S. Securities and Exchange Commission Chairman Mary Schapiro speaks during the Reuters Global Financial Regulation Summit in Washington April 28, 2009. REUTERS/Hyungwon KangReuters - The U.S. Securities and Exchange Commission is creating a chief operating officer job to tighten management of the agency, which has been criticized by lawmakers for failing to detect the Bernard Madoff investor fraud and other lapses.


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    Tue, 02 Jun 2009 17:58:43 GMT - Yahoo! News: Stock Markets News
    Oil jumps 3 percent, factory data spurs recovery hope (Reuters)

    A gas station attendant is reflected on a pair of eyeglasses as he fills gasoline at a Petron station in Manila May 12, 2009. REUTERS/Cheryl RaveloReuters - Oil jumped more than 3 percent to hit a near seven-month high over $68 a barrel on Monday as improving global factory activity bolstered expectations of an economic recovery.


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    Mon, 01 Jun 2009 19:47:08 GMT - Yahoo! News: Stock Markets News
    Dow Jones swaps Travelers for Citigroup (AP)
    AP - Seven years after being spun off by Citigroup Inc., Travelers Cos. is supplanting its former parent as a member of the Dow Jones industrial average. -- read full article
    Mon, 01 Jun 2009 19:39:15 GMT - Yahoo! News: Stock Markets News
    How the major stock indexes fared on Monday (AP)
    AP - The stock market rallied Monday after another batch of benign economic data. Readings on manufacturing, consumer spending and construction spending came in better than expected. The Dow Jones industrial average climbed to its highest close since early January, and the Standard & Poor's 500 index and Nasdaq composite advanced to their highest levels since last year. -- read full article
    Mon, 01 Jun 2009 21:10:43 GMT - Yahoo! News: Stock Markets News
    Wall Street jumps on recovery bets and GM; AmEx off late (Reuters)

    Traders work near the kiosk where GM is traded on the floor of the New York Stock Exchange, June 1, 2009. REUTERS/Brendan McDermidReuters - U.S. stocks rose on Monday, sending the S&P 500 to its highest close in seven months, as reassuring economic data reinforced hopes that demand will stabilize, while General Motors' long-expected bankruptcy filing ended uncertainty about the automaker's fate.


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    Mon, 01 Jun 2009 21:31:32 GMT - Yahoo! News: Stock Markets News
    Dow Jones swaps Travelers, Cisco for Citigroup, GM (AP)

    Specialist George Moerler III, left, directs trades in share of Travelers on the floor of the New York Stock Exchange Monday, June 1, 2009. The Dow Jones industrial average announced Monday it is dropping GM as a component after the automaker filed for bankruptcy, as well as Citigroup, in which the government now owns a significant stake. GM and Citi will be replaced with Travelers Cos. and Cisco Systems Inc. next week.(AP Photo/Richard Drew)AP - The Dow Jones industrial average is the latest Wall Street institution to be reshaped by the financial crisis.


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    Mon, 01 Jun 2009 21:32:57 GMT - Yahoo! News: Stock Markets News
    Stocks rally after positive economic data (AP)

    A man checks his mobile phone while walking by an electronic stock board of a securities firm in Tokyo, Japan, Tuesday, June 2, 2009. Most Asian stock markets have gained modestly after more encouraging signs that the global recession is starting to let up. Japan's Nikkei rose 26.56 points, or 0.3 percent, to close at 9,704.31. (AP Photo/Itsuo Inouye)AP - The stock market began June with a big rally, thanks to another wave of encouraging economic data.


    -- read full article
    Mon, 01 Jun 2009 22:27:19 GMT - Yahoo! News: Stock Markets News
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