Investors fear failure to fix the fiscal cliff will lead to recession. European stocks slump after ECB President Draghi says even Germany is weakening. Apple has fallen 20% since September. Bank and energy stocks fall. Oil and gold slip.
The Dow ends up 90 after the Fed Chairman says the central bank won't shy from trying to boost the economy. Facebook hits a new low. Gold hits a 5-month high. September historically can be rough.
The Fed chairman is worried about Europe and the 'fiscal cliff' but avoids saying how the central bank may boost the economy. Mattel and Coca-Cola lead a rebound from an early pullback. Intel shares rise on 2nd-quarter results. Crude oil rises.
The Fed chairman tells Congress that recent improvements in the US economy may lessen the need for further monetary easing.
Investors want to see if Friday's unemployment numbers show a growing economy -- or not. Green Mountain Coffee Roasters' results cheer the Street. Jobless claims drop. Macy's boosts 2012 guidance. Zynga shares jump on Facebook excitement.
Prices rally as the Federal Reserve chief says the central bank will discuss whether to implement any new stimulus measures at its September meeting.
The Federal Reserve's rate-making body will certainly promise Tuesday to keep rates low. It may hint at another program to boost the economy, but don't look for a blockbuster move.
The central bank sees depressed real estate and supply disruptions from the Japanese earthquake hampering the recovery. But inflationary pressures should ease. Jabil Circuit shares jump on decent earnings. Oil and gold rise.
VIDEO ON MSN MONEY
Copyright © 2013 Microsoft. All rights reserved.
Quotes are real-time for NASDAQ, NYSE and AMEX. See delay times for other exchanges.
Fundamental company data and historical chart data provided by Thomson Reuters (click for restrictions). Real-time quotes provided by BATS Exchange. Real-time index quotes and delayed quotes supplied by Interactive Data Real-Time Services. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by SIX Financial Information.
The Dow jumps 109 points after rising as many as 191. Oil-price jitters and rising rates trim gains. Those factors and the Fed may weigh on markets Tuesday.
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.
Children from lower income families are at greater risk of suffering accidental injuries and being sickened by food, according to a Consumer Federation of America study.
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.