Stocks reversed an early gain on Wall Street Monday as traders returned to worrying about the European economy. Optimism about a deal to prevent financial collapse in Cyprus had briefly pushed the Standard & Poor's 500 index to within a half-point of its record closing high, but the indexes soon...
U.S. stocks rose after Cyprus secured a bailout to prevent the collapse of its banking system. The deal boosted the Standard & Poor's 500 index to within a half-point of its record high.
Strong earnings results from big U.S. companies offered investors a whiff of hope Friday. Stocks rose after a two-day slump, but remained on track for their worst week this year.
The U.S. government is accusing the debt rating agency Standard & Poor's of fraud for giving high ratings to risky mortgage bonds that helped bring about the financial crisis.
Jobless Americans are paying millions in unnecessary fees to collect unemployment benefits because of state policies encouraging them to get the money through bank-issued payment cards, according to a new report from a consumer group.
Investors seized on hope that Washington will reach a deal on the federal budget and drove stocks Monday to their biggest gain in two months. A pair of strong corporate earnings reports also helped.
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"uri": "/2013/03/25/stocks-fall-on-broad-concern-about-europe/",
"title": "Stocks fall on broad concern about Europe",
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"summary": "Stocks reversed an early gain on Wall Street Monday as traders returned to worrying about the European economy. Optimism about a deal to prevent financial collapse in Cyprus had briefly pushed the Standard & Poor's 500 index to within a half-point of its record closing high, but the indexes soon...",
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"summary": "U.S. stocks rose after Cyprus secured a bailout to prevent the collapse of its banking system. The deal boosted the Standard & Poor's 500 index to within a half-point of its record high.",
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{
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"summary": "Fear of a revived debt crisis in Europe faded from the stock market Wednesday, freeing the Dow Jones industrial average to touch an all-time high.",
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"summary": "Strong earnings results from big U.S. companies offered investors a whiff of hope Friday. Stocks rose after a two-day slump, but remained on track for their worst week this year.",
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"summary": "U.S. stocks continued a two-day slide Thursday on weak economic data and concern about the Federal Reserve's resolve to keep juicing the market.",
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"summary": "U.S. stocks continued a two-day slide Thursday on weak economic data and concern about the Federal Reserve's resolve to keep juicing the market.",
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"uri": "/2013/02/05/feds-sue-sp-over-pre-crisis-mortgage-ratings/",
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"summary": "The U.S. government is accusing the debt rating agency Standard & Poor's of fraud for giving high ratings to risky mortgage bonds that helped bring about the financial crisis.",
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"summary": "Jobless Americans are paying millions in unnecessary fees to collect unemployment benefits because of state policies encouraging them to get the money through bank-issued payment cards, according to a new report from a consumer group.",
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"summary": "Strong earnings reports from big U.S. companies helped push the Dow Jones industrial average to its eighth gain in nine sessions.",
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