Greece's vote to raise taxes and cut spending boosts the euro; oil and metals move higher. Big risks remain, though. Bank of America rises after settling a huge mortgage dispute. Stocks may have their best week since March.
But the rally fades in the last hour. Apple and Amazon.com shares pop on analyst upgrades. Nike earnings cheer the Street. Bank of America is declared undervalued. Gold drops below $1,500; crude oil falls, too.
The blue chips fall 60, but the Greek news lets them regain most of their early losses, driven by economic worries. Crude oil falls below its 2010 finish after the US says it will sell oil from its Strategic Petroleum Reserve. Exxon and Chevron sag.
The tech giant could partner with a television maker to 'blow Netflix and all those other guys away.'
Apple is later than usual with the update of its flagship smartphone, but the features may make it worth the wait for investors and consumers alike.
As the market slides, the iPad maker is looking more attractive, prompting this safety-first researcher to add it to its 5-star-stock list.
The share price has fallen below key technical support levels, yet some analysts say now is the time to buy.
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Despite paying record fines and charging high fees, financial institutions are no longer hated.
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.
More than half of online shoppers say they've purchased from sites whose security seemed questionable, and most said they would provide personal data not normally needed for a transaction.
The IRS is struggling to combat identify thieves who file fraudulent tax returns in the names of older residents who don't need to file.