AP – Wall Street edged higher Wednesday following reports that the International Monetary Fund could get more cash to help countries struggling to manage their debt.
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Reuters – Stocks were poised for a slightly lower open on Wednesday as initial enthusiasm over the International Monetary Fund’s plan to bolster lending to struggling euro zone nations flagged.
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Read More »Reuters – Stock index futures pointed to a higher open for equities on Wall Street on Wednesday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 up 0.4-0.5 percent at 1045 GMT.
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Read More »Reuters – David Kotz, the tough internal watchdog at the Securities and Exchange Commission, is leaving the agency at the end of January to join a private investigative service.
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AP – Asian stock markets rose Wednesday as expectations that China will loosen its monetary policy to boost growth overcame nervousness sparked by mixed earnings reports from big U.S. banks.
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Read More »AP – The inspector general for the Securities and Exchange Commission is leaving his position after four years, during which he put the agency under harsh scrutiny and exposed serious lapses in detecting or pursuing major fraud schemes.
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Reuters – Stocks advanced on Tuesday, pushing the S&P 500 to its highest since early August, but sharply pared gains late in the session as Citigroup’s steep drop in profit gave investors a reason to unload bank shares.
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Read More »Reuters – Stocks pared gains on Tuesday as Citigroup’s sharp drop in profit prompted investors to sell bank shares. The concerns about the financial sector overshadowed earlier optimism about the economy, which had pushed stocks up about 1 percent.
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