Tech shares increase on Wall Street

U.S. stocks sank in a thinly traded session Wednesday as weakness in the technology sector dragged the market lower.
The Dow Jones industrial average (INDU) was down 47 points, or 0.4%, in afternoon trading. The S&P 500 (SPX) eased 5 points, or less than 0.4%, and the Nasdaq composite (COMP) fell 27 points, or [...]

Shares rebound on Australian stock market

THE Australian share market closed higher today, buoyed by bargain-hunters who helped to make up ground from the previous day’s loss.
Official figures showing slower than expected wages growth helped calm inflationary expectations and also provided a boost for investors.
At 16:15 (AEST) the benchmark [...]

US Stocks to Open Sharply Lower trend on S&P Downgrade

US Stock market futures pointed to a sharply lower open on Wall Street Monday following on from last weeks downgrade of America’s credit rating from triple-A for the first time in history by ratings agency Standard & Poor’s (S&P).
S&P came in for significant criticism from US Treasury [...]

Stock market dives 513 points; O.C. responds

513 points plunged today of Dow Jones industrial amid renewed worries about a possible double-dip recession, the U.S. deficit and Europe’s continuing debt problems.The S&P 500 fell 60 points to 1,200. The Nasdaq declined 137 points to 2,556.It was the worst day for the market since the October 2008 when stocks sank as widening mortgage [...]

Market Fear Factor: Bond Market Edition

NEW YORK (CNNMoney) — Fear is running high in the bond market.
Treasury prices began the week sharply higher, sending the benchmark 10-year yield below 3% for the first time since June 27.
“Being under 3% means a fear trade — we need to get back to at least 3% to have more confidence,” said William Larkin, [...]

Stock market subdued ahead of Wall Street return

Today’s stock market - Global stock markets pushed modestly higher Tuesday as investors awaited a raft of U.S. economic data this week that culminates with closely-watched payrolls figures.
Now that concerns over an imminent Greek debt default have been dampened by the Greek Parliament’s vote to back fresh austerity measures, investors are turning their gaze to more [...]

Stock Prices

Stock Prices in the Stock Market.
Let’s say that a new corporation is created and in its IPO it raises $20 million by selling one million shares for $20 a share. The corporation buys its equipment and hires its employees with that money. In the first year, when all the income and expenses are added up, [...]

Bush Statement on Financial Crisis

The following is President Bush’s statement Saturday on the financial crisis, as released by the White House. He spoke in the Rose Garden after meeting with financial ministers from the G-7 nations:
Thank you all very much. Good morning. [Treasury] Secretary [Henry] Paulson, Secretary [of State Condoleezza] Rice and I just had a productive discussion with [...]

World’s Financial Leaders Vow to Unite

WASHINGTON — President Bush and the world’s financial leaders staged repeated displays of unity Saturday to combat an unfolding credit crisis, hoping to calm investors whose panic has spread despite bold and accelerating government action.
While there were no concrete offers of new moves made on Saturday, Mr. Bush pledged anew that his administration was doing [...]

Financial crisis: US stock markets suffer worst week on record

US stock markets have suffered their worst week on record following another torrid day of trading despite growing hopes that the government could step in to guarantee bank deposits and lending between financial institutions.