Markets: Shaky after the slump
February 7th, 2010 admin
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Wall Street avoided a bigger walloping late last week, with sellers finally calling it quits after a nearly 10% plunge in less than three weeks. But the week ahead could be pivotal as investors either jump back in – or retreat even further.
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Stock futures were trading in a narrow range Wednesday as investors avoided making big bets ahead of a key report on the service …
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Wall Street broke a four-week losing streak last week, but investors are still worried about China, Greece and the impact of a global recovery that could be far more sluggish than had been thought.
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Stocks tumbled Thursday, with the Dow and S&P 500 near 3-month lows, amid fears of sovereign debt woes in Europe and a rise in weekly jobless claims ahead of Friday’s big monthly employment report.
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After the worst week on Wall Street in almost a year, investors will return to work looking for greater clarity — from Washington, from the banks and from corporate America.
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Stocks tumbled Friday, with the tech-heavy Nasdaq leading the way down, as investors bet that the strong economic growth seen in the fourth quarter of last year can’t be sustained.
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Stocks ended with modest gains Tuesday, giving up a bigger advance, as investors weighed February auto sales, some upbeat company news and signs that Greece won’t default on its debt.
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Wall Street set to keep on rolling Monday, as investors maintained a positive view of the economic recovery.
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Stocks ended mixed Monday, fighting back from big losses, as investors weighed Moody’s warning about the United States’ AAA rating and a proposed bank regulation bill ahead of Tuesday’s Federal Reserve meeting.
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The worst month on Wall Street in nearly a year has left market pros and retail investors wondering if the long-in-the-works correction is finally here.
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Stocks rallied Tuesday afternoon as growing bets that European officials will rescue Greece from its debt problems reassured investors following a four-week selloff.
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