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Stock Markets News
- Stocks move higher following jobs, housing reports
(AP)
AP - Stocks rose Thursday, extending their gains from the day before, after reports on housing, manufacturing and jobs all indicated that the economy continues to grow. - Stocks rise on economic hopes ahead of payrolls
(Reuters)
Reuters - Stocks rose on low volume on Thursday as data showed improvement in housing and the job market a day ahead of the critical monthly payrolls figures. - Summary Box: Stocks extend gains on economic news
(AP)
AP - ANOTHER LIFT: Stocks gained again on Thursday, though not as much as the day before, on the latest hopeful indicators on the economy. - How the major stock indexes fared Thursday
(AP)
AP - Stocks rose Thursday, extending their gains from the day before, after reports on housing, manufacturing and jobs all indicated that the economy continues to grow. Trading was somewhat muted ahead of the government's closely watched monthly report on employment due out Friday. - "Quote stuffing" a focus in flash crash probe
(Reuters)
Reuters - U.S. regulators probing the May flash crash are focusing on a trading practice known as "quote stuffing", in which large numbers of rapid-fire orders to buy or sell stocks are placed and canceled almost immediately. - US Def Sec: Afghans should lead corruption fight
(AP)
AP - U.S. Defense Secretary Robert Gates said Thursday that while the fight against corruption must be led by Afghans, the U.S. is working on new ways to prevent millions of American dollars flowing into the nation from underwriting bribery and graft. - A look at economic developments around the globe
(AP)
AP - A look at economic developments and activity in major stock markets around the world Thursday: - US data shores up stocks ahead of payrolls
(AP)
AP - Global stock markets pushed modestly higher Thursday after an upbeat U.S. housing survey as investors await payrolls figures that could well set the tone for the rest of the month. - Report: SEC Investigating canceled trades
(AP)
AP - The Securities and Exchange Commission is looking into certain types of stock trade orders that could be distorting share prices and trading volume, according to The Wall Street Journal. - European stocks drop before ECB rate call
(AFP)
AFP - European stock markets slid on Thursday as investors took profits from recent gains amid caution before the latest interest rate decision from the European Central Bank. - Ex-hedge fund manager charged with insider trading
(Reuters)
Reuters - A former hedge fund manager has been accused by a U.S. regulator of illegal insider trading in MedImmune Inc securities prior to the acquisition of the pharmaceutical company by Britain's AstraZeneca Plc. - Some BofA shareholders can apply to tap $150M fund
(AP)
AP - Investors who lost money when Bank of America Corp. bought Merrill Lynch without disclosing Merrill's problems can start applying to tap a $150 million compensation fund. - Equities make bright start to September
(AFP)
AFP - Asian and European stocks rose on Wednesday, lifted by bargain-hunting and upbeat data, as dealers set aside Wall Street's worst August performance in nine years amid stubborn US recovery doubts. - Strong Asian data boosts world stocks
(Reuters)
Reuters - World stocks kicked off September on a stronger note on Wednesday as data showed a manufacturing rebound in China and stronger-than-expected growth in Australia, while the yen held near recent 15-year peaks against the dollar. - SEC says it lacked authority to charge Moody's
(AP)
AP - The Securities and Exchange Commission has declined to seek fraud charges against Moody's Investors Services over its ratings of risky investments that led to the financial crisis. - Fed approves sale of Morgan Stanley stock shares
(AP)
AP - The Federal Reserve has approved a request by a Chinese sovereign wealth fund to acquire up to 10 percent of the voting shares of New York investment giant Morgan Stanley. - Summary Box: September the worst month for stocks
(AP)
AP - SEPTEMBER SLUMP: September is historically the worst month in the market and one of only three, along with February and June, when stock prices typically decline. The Standard & Poor's 500 index has declined an average of 0.6 percent in Septembers since 1950. - September, February are worst months in market
(AP)
AP - No month has brought worse results in the stock market than September. - Goldman swims downstream for PetroAlgae IPO
(Reuters)
Reuters - No client is too small for Goldman Sachs Group Inc these days, even a company with no revenue that's owned by a hedge fund specializing in penny stocks.