Stocks Rise; Freddie Mac Reports Record Loss, Seeks Funding, Shares Plunge 28%
Stocks are staging something of a recovery on Tuesday, after yesterday’s drubbing. Today’s advance comes despite more credit related losses being reported, with Freddie Mac announcing a record loss.
TradingMarkets 7 Options You Need to Know for Today
Today’s list includes: IntercontinentalExchange, Bear Stearns and Credit Suisse.
TradingMarkets 7 Trading Ideas for Today
Today’s list includes: Citrix Systems, Uranium Resources and Bob Evans Farms.
Plunging Dollar Drives Commodity Prices Higher
The U.S. dollar, which hit a record low versus the euro, appeared to be the deciding factor in today’s market action as investors sought to shift assets out of the sinking greenback.
Stocks Rise Despite Fed’s Bearish Outlook and Freddie Mac Loss
A choppy session saw stocks close modestly higher. Early gains were wiped out after the Fed’s minutes were released, which showed the FOMC has a number of ongoing inflation and slow growth concerns. That news, coupled with Freddie Mac’s record loss, seemed enough to lead to another day of losses, but a late recovery saved the day.
TradingMarkets 7 Options You Need to Know for Today
Today’s list includes: salesforce.com, Goldman Sachs and Moody’s.
Stocks Sink to Start the Week
U.S. stocks opened the week with heavy losses, with the troubled financial sector leading the decline. Overnight losses in Asia and Europe set the tone for today’s weak start.
Stocks Plunge on Credit Concerns
U.S. stocks opened the week with heavy losses, with the troubled financial sector leading the decline.
TradingMarkets 7 Options You Need to Know for Today
Today’s list includes: Biogen Idec, sina.com and Research in Motion.
Stocks Rise; Cisco Buyback Boosts Confidence
Stocks are higher on Friday, despite another day of mixed earnings and lowered forecasts.
Stocks Rise, Slight Gains for the Week
Stocks ended the week with modest gains, after another day of mixed earnings and lowered forecasts.
Stocks Slip on Credit Losses, Earnings News
Stocks moved lower on Thursday as more credit related losses were disclosed, lackluster earnings, and mixed economic data combined to provide a gloomy outlook.