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Kansas Mutual Fund Is Linked to Market’s Plunge

Futures trades by Waddell & Reed, a mutual fund based in Kansas, have been linked to the May 6 “flash crash” of the Dow.

 

Futures Barely Higher After Jobless Claims

Stock futures were only slightly higher after weekly jobless claims showed only the slight improvement already expected by economists. Several major Wall Street banks slipped in premarket trading.

 

SEC says no single cause of market plunge

SEC says no single cause of market plunge

The top securities regulator said no single event had been found to explain Thursday's mysterious market plunge, but the shocking drop was unacceptable and additional safeguards were coming.

 

SEC, Exchanges Agree to Create Market-Wide Circuit Breakers

SEC, Exchanges Agree to Create Market-Wide Circuit Breakers

The SEC and the major trading exchanges agreed that a market-wide "circuit-breaker" system should be established to handle the type of market volatility demonstrated in Thursday's unsettling market plunge.

 

SEC probing stock market plunge — source

SEC probing stock market plunge — source

President Barack Obama said Friday that regulatory authorities were probing one of the wildest trading days in Wall Street history that left investors, government officials and traders scratching around for a cause.

 

Investors upbeat about health care bill

There were more winners than losers on Wall Street on the first trading day after the landmark health care bill was passed by ...

 

Markets at Highs Not Seen Since 2008

Markets at Highs Not Seen Since 2008

The stock market continued its advance of the past month after the Fed said it would keep interest rates low to revive the economy.

 

GMAC Plans IPO to Repay Its U.S. Aid

GMAC plans to return to the stock markets with an IPO in the next two years, in a move aimed at gradually exiting from government help and eventually repaying its rescue aid.

 

Stocks Start Weak; Kraft Down

Stocks Start Weak; Kraft Down

Materials and energy stocks were among those pulling the U.S. stock market to a weak opening. Home Depot gained on Lowe's earnings report.

 

U.A.E. Pledge Calms Markets but Dubai Fears Remain

U.A.E. Pledge Calms Markets but Dubai Fears Remain

Wall Street shares were slightly lower as investors tried to assess the fallout from Dubai’s debt crisis as well as retail sales from the kickoff of the Christmas shopping season.

 

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