The Dow gains 21 points as traders start to see hope for the region's debt crisis and as Spanish bond yields fall. The S&P 500 nearly hits 1,400. Best Buy's founder wants to take the company private. Oil and gold are higher.
Former Citigroup CEO Sanford Weill says the big banks are too big and should be broken up. Weill was a pioneer in building the banks that have gotten 'too big to fail.' Wall Street is astonished.
The blue chips gain 59 points in a volatile day. Because of Apple's earnings miss, the S&P 500 and Nasdaq end lower for a 4th day. Because of Facebook issues, Zynga shares fall more than 35%. Whole Foods earnings cheer. New-home sales disappoint.
The blue chips fall 1% for the week; tech stocks move higher. Financial stocks, led by JPMorgan Chase, rally after Moody's downgrade. Oil and gold are higher. Facebook jumps 10.1% on the week. Research In Motion falls under $10.
Stocks fall broadly, and crude oil sinks below $80 as a widely watched manufacturing report disappoints. Existing-home sales dip. Bed Bath & Beyond and Celegene shares slump. Big banks are downgraded by Moody's.
The Dow rises 62 points; the S&P 500 nears break-even for 2011. The market is poised for a third weekly gain in the last four as new reports suggest the economy is firming. Wall Street loves an Akamai deal. Oil flirts with $100.
The blue chips top 11,500 for the first time since 2008. Nike shares sell off despite strong earnings. Jabil Circuit and Adobe shares jump.
Earnings are strong as investors pour nearly $3 billion into target-date funds. A good stock market helps, too.
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