economy, stock market

Weak open for stocks as P&G issues grim outlook

Investors appeared unimpressed Wednesday with the Federal Reserve's latest step to help the economy, an extension of a program to lower long-term interest rates. Stocks were little changed for the day, and the yields on Treasury bonds were trading about where they were before the Fed's announcement.

Weakness in China, turmoil in Europe hobble world markets

Concerns over a slowdown in the world's biggest economies hit world markets on Friday, with weak indicators out of China and Europe's financial turmoil unsettling investors ahead of a crucial U.S. jobs report.

Euro up, stock markets mixed after votes in France and Greece

Investors nervous about the changing political winds in Europe initially drove down the euro and sent stock markets falling across the region Monday morning, though markets were bouncing back later in the day following renewed signs of strength in the German economy.

Senh: "On one hand, a number of economists and politicians including Hollande have argued that a single-minded focus on cuts has done more harm than good, driving a number of the region’s economies into recession and sending unemployment soaring. They argue that fiscal restraint should now be paired with new policies also aimed at fueling growth." This is Barack Obama's been doing for the last three and a half years. I guess the French approves of how that's been going to vote in someone who wants to do the same.

Another Election Year, Another Attempt to End Oil Speculation

Tue, 04/17/2012 - 5:23pm — Sin-Mao Yang

It might have started a couple months earlier, but this is eerily similar to the summer of 2008 when gas prices were at record highs, which is around $4 per gallon. Back then, congress proposed a bill to regulate oil speculation, but nothing came of it. It was shelved when people fought back by driving less and using alternative methods of transportation, lowering gas prices to the point where it no longer became an issue.

Stocks suffer worst slump of the year

Wall Street took a drubbing Wednesday as investors worried that the Federal Reserve might not be willing to pump more money into the U.S. economy.

Dow falls more than 200, interrupting 2012 rally

Stocks suffered their biggest losses in three months Tuesday, the first hiccup in a strong and steady rally to start the year. Wall Street worried about the global economy and waited while Greece pressured the last investors to sign on for its bailout.

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Dow crosses 13,000 for first time since May 2008

U.S. stocks moved higher in a choppy session Tuesday, with the Dow Jones industrial average moving above 13,000 for the first time since May 2008. The 13,000 level doesn’t hold a great deal of significance to market analysts, but “it’s nice to see a symbolic number,” Art Cashin, UBS director of floor operations, told CNBC. The Dow last moved above 13,000 on an intra-day basis on May 20, 2008. It last closed above that level on May 19, 2008.

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