Browsing Category »Business«
→ May 12, 2012
By Caroline Valetkevitch NEW YORK | Fri May 11, 2012 9:38pm EDT NEW YORK (Reuters) – More volatility could be in store for stocks next week as investors grapple with less certainty about the economic outlook and a new blow to the financial sector after JPMorgan Chase’s (JPM.N) trading loss. Europe is expected to keep [...]
→ May 11, 2012
By Angela Moon NEW YORK | Fri May 11, 2012 5:09pm EDT NEW YORK (Reuters) – Shares of U.S. banks slumped on Friday after JPMorgan said it lost billions of dollars on bad trades, but the overall market ended only modestly lower, thanks to gains in technology shares. JPMorgan Chase Co (JPM.N), the largest U.S. [...]
→ May 10, 2012
By Chuck Mikolajczak NEW YORK | Thu May 10, 2012 12:45pm EDT NEW YORK (Reuters) – Stocks advanced modestly on Thursday as investors snapped up beaten down shares after a spate of weakness, but a disappointing outlook from tech bellwether Cisco Systems limited gains. The latest uncertainty surrounding Greece and the euro zone’s sovereign debt [...]
→ May 9, 2012
By Chuck Mikolajczak NEW YORK | Wed May 9, 2012 12:42pm EDT NEW YORK (Reuters) – Stocks rebounded from session lows on Wednesday as optimism grew that Greece was likely to get a bailout payment approved. Stocks had tumbled more than 1 percent earlier in the session, with the SP 500 hitting a two-month low [...]
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