Skip to: Content
Skip to: Site Navigation
Skip to: Search

WEDNESDAY, NOVEMBER 25, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter

NEWS ABOUT: markets

markets stories: 74 news summaries

61 - 74 of 74 Stories | << Prev 1 2 3 4

Stocks Climb Following Surprising Home Sales Numbers

Markets, optimism surge as turmoil eases

(Newser) - The Dow closed at 13,378.87 today, up 142.99 on strong durable goods orders and a better-than-expected home sales forecast. The S&P 500 jumped 16.87 to 1,479.37, and the Nasdaq rose 34.99 to 2,576.69. Nucor Corp., the second-largest American steel manufacturer,... More »

Reality Bites Wall Street Whiz Kids

Quant fund eggheads screwed up just as badly as everyone else

(Newser) - The eggheads who run Wall Street's "quant funds," using complex algorithms to play the markets but neglecting the human element, screwed up as badly as everyone else during the Dow's recent dive. "They are very smart in front of a textbook but not smart enough to understand... More »

Credit Crisis: Damaging or Deserved?

Economist calls risk adjustment necessary, if hazardous

(Newser) - The Economist takes the long view on the turmoil that has engulfed the financial markets, noting that investors have long wondered whether the "the securitisation of just about every form of debt into a tradable asset" would, in the end, spread risk efficiently or lead to cataclysmic failure. The... More »

MORE ABOUT:
investors finance markets credit market risk management

(Newser) - Stocks rallied in early trading today after the Federal Reserve shaved a half-point off of one of its key interest rates, the Wall Street Journal reports. The Dow initially shot up more than 300 points; after settling some, it was up 150.46 by midmorning. European stocks were buoyed as... More »

MORE ABOUT:
stock market New York Stock Exchange Federal Reserve stocks markets FTSE

Fed Shaves
Half- Point Off Discount Rate

Surprise cut boosts futures trading and Euro markets

(Newser) - In a surprise move, the Fed cut its discount rate, which it charges on direct loans to banks, from 6.25% to 5.75% this morning. The central bank acted to calm fears about uncertainty in the global markets surrounding the worsening credit crunch and underlying subprime-loan crisis. The federal... More »

MORE ABOUT:
economic growth Federal Reserve subprime mortgages loans finance bank markets global market discount rate

European Markets Continue
to Skid

London exchange drops after opening higher

(Newser) - Financial markets across Europe were off again in midmorning trading. In London, the FTSE opened slightly higher and then suffered new losses as UK traders continued to reel from yesterday's steep fall-off, the exchange's most calamitous one-day drop in years. At mid-morning the index was down 0.2% and markets... More »

MORE ABOUT:
stocks markets credit crisis European markets FTSE

Paulson: Downturn
Won't Provoke Recession

Economy tough enough to take market turmoil

(Newser) - The current turmoil in the financial markets will take its toll on the economy, but  won't cause a recession, Treasury Secretary Henry Paulson tells the Wall Street Journal in his first interview since the downturn began. Paulson says the crisis comes in the context of a very strong global economy—... More »

MORE ABOUT:
Henry Paulson finance recession global economy US economy markets financial crisis

European Markets Dive

FTSE 100 Index falls lower than 6,000

(Newser) - European markets took a dive this morning—after the Dow's plunge yesterday and the overnight collapse of Asian stocks. London's FTSE 100 index has fallen below 6,000, its lowest level since last October. London weathered the storm yesterday, but had nowhere to run today, the Guardian reported, as the... More »

MORE ABOUT:
stock market Europe Dow Jones subprime mortgages Henry Paulson markets FTSE 100

Stocks Drop, Market Awaits Fed Cuts

Dow sinks below
13,000 as credit
tremors continue

(Newser) - Major indexes sank again after a volatile day, as analysts continue to speculate on a possible interest-rate cut. The New York Fed put about $7 billion into the system with an overnight repurchase agreement, which put an early bounce in the Dow before it lost 167.45 later in the... More »

MORE ABOUT:
stock market Federal Reserve subprime mortgages Nasdaq markets Asian markets

Stocks Take Another Tumble

Mortgage woes
persist, retail down

(Newser) - The markets lost again today, as a small cash manager’s move to halt investor pullouts agitated fears about liquidity, as well as deeper jitters over mortgage woes seeping into credit markets. The Dow fell 207.61 points to 13028.92, dragged down heavily by two major retail components, Wal-Mart... More »

MORE ABOUT:
stock market subprime mortgages trade deficit Nasdaq Home Depot markets S&P 500 Wal-Mart

Nasdaq Debuts $100M Fat Cat Exchange

High-rolling private bourse will be free from federal regulation

(Newser) - Nasdaq is launching a regulation-free private stock market for the super-rich, offering those who can pony up at least $100 million access to the first-ever private investment exchange. Any private company can then sell stock to these elite shareholders, without having to worry about making their finances public—or being... More »

MORE ABOUT:
private equity Wall Street IPO Nasdaq markets Portal Market

Euro Bank  Injects $190B to Avoid Crash

ECB's largest-ever emergency cash injection aims to stave off crisis

(Newser) - The European Central Bank has released $190 billion in emergency funds in a desperate attempt to restore liquidity to the region's markets. The Financial Times reports that the ECB's emergency injection echoes moves by central banks in Japan, the US and Canada but is unprecedented in scale. The move rattled... More »

MORE ABOUT:
investors subprime mortgages stocks loans finance markets BNP Paribas European Central Bank liquidity

(Newser) - Wall Street is dizzy after mixed signals threw traders into buy mode despite an abundance of bearish indicators today, making for one of the most volatile days in weeks. The Dow finished up 150.38 points at 13362.37, even after Asian markets plummeted across the board last night, a... More »

MORE ABOUT:
Wall Street Asia subprime mortgages Bausch and Lomb Bear Stearns hedge fund trading markets Nikkei Hang Seng Beazer

Funds Find One Bet They Can't Hedge: Trust

It's 1998 all over again as Bear Stearns buckle triggers panic

(Newser) - The recent collapse of two Bear Stearns hedge funds, and the resulting informal SEC investigation, have once again placed the complex system and its impact on markets under the spotlight. The Washington Post delves into the history and ethos of the powerful funds, comparing them to the Wizard of Oz... More »

MORE ABOUT:
Wall Street Bear Stearns finance SEC hedge fund markets

61 - 74 of 74 Stories | << Prev 1 2 3 4