Skip to: Content
Skip to: Site Navigation
Skip to: Search
SATURDAY, NOVEMBER 21, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter

NEWS ABOUT: financial stocks

financial stocks stories: 44 news summaries

1 - 20 of 44 Stories | 1 2 3 Next >>

Switch to grid view »

Insider Trading Probe Targets 2 SEC Officials

Lawyers at regulator alleged to have traded financial stocks

May 15, 09 8:12 AM CDT
(Newser) - Two lawyers with the SEC are under federal investigation for alleged insider trading, Reuters reports. The SEC's internal watchdog claims that they traded stock in a large financial services company, despite warnings from other employees that the company was under investigation. One of the two works in the SEC's Office... More »

MORE ABOUT:
insider trading • SEC • financial sector • financial stocks • Inspector General • Securities and Exchange Commission

MARKETS

 Dow Rallies on Housing; Up 214 

Financials and materials firms gain on construction spending, existing home sales

May 4, 09 3:17 PM CDT
(Newser) - Stocks rallied today on positive economic news, with the S&P 500 surpassing the psychologically significant 900 mark, the Wall Street Journal reports. Surges in construction spending and existing-home sales fueled investor optimism, with financials and materials firms pacing advances. The Dow rose 214.33 to close at 8,426.... More »

MORE ABOUT:
Dow Jones • Alcoa • construction • Nasdaq • US Steel • existing home sales • S&P 500 • financial stocks

(Newser) - The ongoing rally in global financial markets could be setting investors up for another crash, analysts tell the Financial Times, warning that it could be a so-called “bear market bounce.” The fact that financial stocks, which took a beating as markets tumbled, are leading the uptick is particularly... More »

MORE ABOUT:
stock market • rally • bear market • emerging markets • financial stocks

MARKETS

 Dow Down 148, Up for Week 

Indices manage to hold on to weekly gains despite Friday dip

Mar 27, 09 3:22 PM CDT
(Newser) - Stocks fell today, though not enough to offset broad-based weekly gains, the Wall Street Journal reports. Financials dropped, in part due to comments by JP Morgan Chase CEO James Dimon, who said the bank had more trouble in March than in the first 2 months of the year. JP Morgan... More »

MORE ABOUT:
Citigroup • Dow Jones • Nasdaq • S&P 500 • JPMorgan Chase • financial stocks

MARKETS

 Banks Fall; Dow Slides 122 

But indices lock in first two-week winning streak in nearly a year

Mar 20, 09 3:20 PM CDT
(Newser) - Stocks fell today but managed to lock in the first two consecutive weeks of gains since May 2008, the Wall Street Journal reports. Comments from FDIC chair Sheila Bair that she expects bank failures to drain her agency sank financials, with the broader market following suit. The Dow dropped 122.... More »

MORE ABOUT:
Dow Jones • Nasdaq • FDIC • S&P 500 • bank failure • financial stocks • Sheila Bair

MARKETS

 Dow Up 4 as Stocks Waver 

Caution follows yesterday's rally

Mar 11, 09 3:12 PM CDT
(Newser) - Stocks finished below today’s session highs but closed with slight gains, barely making the first two-day winning streak in a month, the Wall Street Journal reports. Financials mostly gained, with shares of Citigroup, Morgan Stanley and Bank of America up at least 4%. The Dow closed up 3.91... More »

MORE ABOUT:
Citigroup • Bank of America • Dow Jones • Morgan Stanley • Nasdaq • S&P 500 • financial stocks

MARKETS

 Dow Up 32; Big Weekly Losses 

Investors quit trying to call a recovery

Mar 6, 09 3:23 PM CST
(Newser) - Stocks ended mixed after falling for most of today as investors lost hope in a quick recovery, the Wall Street Journal reports. With the job market reaching new lows, General Motors took another big fall. Apple, Verizon and Amazon also saw losses. The Dow pulled up in the last half-hour... More »

MORE ABOUT:
Dow Jones • Nasdaq • S&P 500 • financial stocks

MARKETS

 Stocks Plummet; Dow Falls 281 

Dow blows by Tuesday low

Mar 5, 09 3:24 PM CST
(Newser) - Stocks fell today, with the Dow passing the bear-market low it set Tuesday, and two giants of US banking and manufacturing trading at less than $2, MarketWatch reports. Mounting problems at Citigroup and General Motors drove their shares to $1.02, and $1.95, respectively. The Dow dropped 281.40... More »

MORE ABOUT:
Citigroup • Dow Jones • General Motors • Nasdaq • bear market • S&P 500 • financial stocks • financial crisis

MARKETS

 Big Banks Up; Dow Down 80 

Troubled financials boosted by Bernanke comments, Treasury plan

Feb 25, 09 3:17 PM CST
(Newser) - Stocks suffered modest losses today, though prominent financial institutions gained, the Wall Street Journal reports. Details of the Treasury’s “stress tests” and comments from Ben Bernanke disavowing nationalization buoyed Citigroup, Bank of America and Wells Fargo—but another dismal home-sales report depressed the broader market. The Dow fell... More »

MORE ABOUT:
Ben Bernanke • Dow Jones • Nasdaq • Treasury Department • S&P 500 • financial stocks

MARKETS

 Stocks Mixed; Dow Up 3 Points 

Greenspan comments on nationalization keep financials down

Feb 18, 09 3:17 PM CST
(Newser) - Stocks vacillated between minor gains and losses today, perking up slightly after President Obama announced his housing plan, MarketWatch reports. Financials continued to slide after Alan Greenspan suggested in a Financial Times interview that bank nationalization would be the “least bad” way to solve the crisis. The Dow gained... More »

MORE ABOUT:
Barack Obama • Dow Jones • mortgage • housing • Nasdaq • S&P 500 • financial stocks

 Dow Plunges Nearly 300 

Global markets set losing tone for NYSE

Feb 17, 09 3:14 PM CST
(Newser) - Stocks plunged today as President Obama signed the economic stimulus package into law, MarketWatch reports. With a negative tone set by losses in the overseas stock markets, financials led declines, with Bank of America, Citigroup, JP Morgan Chase, and American Express all down at least 9%. The Dow lost 297.... More »

MORE ABOUT:
Citigroup • Dow Jones • American Express • Nasdaq • Nikkei • S&P 500 • financial stocks

MARKETS

 Dow Ends Bad Week Down 82 

Energy firms see gains on oil rally

Feb 13, 09 3:23 PM CST
(Newser) - Stocks fell today after treading water for most of the session, the Wall Street Journal reports. Financials fell, but a rise in energy stocks spurred by a $3.53 gain in the price of oil buoyed indices somewhat. The House passage of the stimulus plan seemed to have little effect... More »

MORE ABOUT:
Dow Jones • energy industry • Nasdaq • economic stimulus package • S&P 500 • financial stocks • oil prices

MARKETS

 Dow Plunges 382 Points 

Geithner's rescue plan lacks sufficient detail to reassure investors

Feb 10, 09 3:14 PM CST
(Newser) - Stocks plummeted today as investors found Timothy Geithner’s description of the bank rescue plan too broad to spur a revival in financial stocks, MarketWatch reports. Analysts criticized Geithner’s announcement for failing to sufficiently describe the role of private capital in the rescue. Citigroup and Bank of America both... More »

MORE ABOUT:
Dow Jones • Nasdaq • rescue • financial sector • S&P 500 • financial stocks • Timothy Geithner

MARKETS

 Stimulus Hope Lifts Dow 217 

Market shrugs off 7.6% unemployment

Feb 6, 09 3:21 PM CST
(Newser) - Stocks rallied today as investors anticipated quick action on a stimulus package, MarketWatch reports. Unemployment for January was 7.6%, but investors are betting the frightening figure will spur Congress to expedite the bill. The Dow rose 217.52  to close at 8,280.59. The Nasdaq gained 45.47... More »

MORE ABOUT:
Bank of America • Dow Jones • Nasdaq • S&P 500 • employment report • financial stocks • financial crisis

MARKETS

 Dow Up 201 on Fed News 

Obama plan for 'bad bank' inspires confidence

Jan 28, 09 3:10 PM CST
(Newser) - The Fed’s announcement today that it will keep target rates near zero sustained a rally led by financials, the Wall Street Journal reports. Financials continued to rise off the Obama administration’s plan to create a “bad bank” to buy toxic assets, with the Financial Select Sector Fund,... More »

MORE ABOUT:
Ben Bernanke • Citigroup • Bank of America • Federal Reserve • Dow Jones • Nasdaq • S&P 500 • financial stocks

MARKETS

 Dow Gains 68 Despite Banks 

Options expirations cause market volatility

Jan 16, 09 3:29 PM CST
(Newser) - US stocks clawed back to gains today amid turmoil in the financial sector and volatile price swings stemming from the expiration of January options contracts, MarketWatch reports. Although 100 points off its open at midday, the Dow finished with a gain of 68.73, to 8,281.22. The Nasdaq... More »

MORE ABOUT:
Citigroup • Bank of America • Barclays • Dow Jones • Nasdaq • S&P 500 • financial stocks

OPINION

 Cramer Shares 
 'Obama Portfolio' 

Guru picks hot stocks for 2009

Dec 1, 08 12:47 PM CST
(Newser) - America isn’t out of the economic woods, but savvy investors should drop some kindling on their investment fires, James Cramer writes in New York. “Obama’s swift transition and desire to spend trillions to get us moving could prove that happier days will eventually beckon, at least for... More »

MORE ABOUT:
investing • stock market • investments • financial markets • stock • James Cramer • Mad Money • financial stocks

MARKETS

 Dow Up 397 on Positive News 

Financials lead as government moves to help banking giant

Nov 24, 08 3:22 PM CST
(Newser) - Stocks rallied today in a vote of confidence for the $326 billion Citibank rescue plan and Barack Obama’s team of economic advisers, MarketWatch reports. Combined with Friday's surge, the rally was the largest 2-day jump in over 20 years. The Dow rose 396.97 points to close at 8,... More »

MORE ABOUT:
Barack Obama • Citigroup • Bank of America • Goldman Sachs • Dow Jones • Morgan Stanley • Nasdaq • economic stimulus package • S&P 500 • financial stocks • Genworth Financial • Hartford Financial

 Euro Stocks Follow Asia Plunge 

London, Paris, Frankfurt all dive at opening

Oct 10, 08 3:40 AM CDT
(Newser) - Stock markets across Europe took a pounding this morning, following a dramatic market dive in Asia that saw the Tokyo exchange suffer its worst loss in 20 years. In London the FTSE opened down 10%, with similar losses in Paris and Frankfurt. Banking stocks were among the biggest losers in... More »

MORE ABOUT:
Lehman Brothers • Nikkei • bear market • FTSE • CAC 40 • DAX • European stocks • financial stocks

MARKETS

 Dow Falls 678 to Sub-9,000 Close 

Dow falls below 9,000 for first time since 2003

Oct 9, 08 3:32 PM CDT
(Newser) - Stocks plunged in the last hours of trading today as a number of government moves did little to shore up investors' confidence, MarketWatch reports. The Dow’s losses accelerated sharply after it dropped below the psychological threshold of 9,000 points. It closed down 678.91 at 8,579.19;... More »

MORE ABOUT:
Dow Jones • General Motors • Wachovia • Ford • Nasdaq • AIG • Treasury Department • S&P 500 • financial stocks • financial crisis

1 - 20 of 44 Stories | 1 2 3 Next >>


from our news partners