A weak consumer report prompts selling, especially in retail shares. Gold falls to its lowest level since April. DuPont beats estimates.
Robert Dudley will step in for Tony Hayward on Oct. 1. The company reports a $17 billion second-quarter loss but will claim a $10 billion tax credit from the oil spill costs.
The retail giant will add 500 new financial centers this year alone. But it says it's not interested in starting a bank for now.
A boost in guidance from FedEx and better-than-expected new-home sales give stocks a lift. BP rises on reports CEO Hayward will step aside.
Tony Hayward will get his life back, reports say, after a company board meeting today. Robert Dudley is expected to succeed him.
The Dow jumps 102 points after Ford's and Verizon's earnings cheer investors. Stress-test results on European banks bring relief. GE boosts its dividend. Genzyme soars on a buyout report.
Results of stress tests on 91 banks in 20 countries suggest most banks are in pretty good shape. But skeptics think the test wasn't tough enough.
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The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
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