Latest News in Stock Market and Investments – August 24, 2011 | Stock Market News

Latest News in Stock Market and Investments – August 24, 2011

Please note it is your responsibility to evaluate the accuracy, completeness and usefulness of any information, opinion or advice contained in the content below.

Stocks shed early gains, turn mixed

Stocks pulled back from an early rally and turned mixed Wednesday, as investors remain cautious about the economy ahead of Federal Reserve Chairman Ben Bernanke’s key speech later this week.

Treasury yields boosted by economic bright spot

Treasury yields rose after a better-than-expected report on orders for long-lasting goods temporarily distracted investors from looking ahead to Federal Reserve Chairman Ben Bernanke’s speech in two days.

Japan unveils plan to reel in yen’s rise

The Japanese government announced a plan aimed at weakening its currency, without directly intervening.

The zombie banks are back

I don’t come to praise the big banks. But I am not here to bury them either — even though several of the larger banks are looking suspiciously zombie-like again.

Is yield curve signaling a recession?

Amid the growing number of signs that the United States may tip back into a recession, the bond market is sounding its own siren.

Bank stocks get hammered

Shares of the biggest U.S. banks fell to fresh 52-week lows Tuesday following talk that Bank of America may need to raise up to $200 billion to recapitalize.

Oil rallies, putting Libya on back burner

Oil prices jumped 2% Tuesday as investors put Libya’s turmoil on the back burner and focused on the stock market rally.

Bank of America’s stock takes a beating

Bank of America shares fell within spitting distance of a new 52-week low Monday, fueled by investors’ nervousness over the bank’s balance sheet and its continued exposure to mortgage-related losses.

Gold tops $1,900, looking ‘a bit bubbly’

Gold prices have been on a tear lately, topping a fresh record high above $1,900 an ounce late Monday– just two weeks after rising above $1,800.

Libyan oil could take years to come back

If Libyan rebels are successful in their bid to oust the country’s longtime dictator, Moammar Gadhafi, analysts say Libya’s prized “light oil” should begin trickling back on the market within a few months.

Should HP be kicked out of Dow?

The Dow Jones industrial average already has a successful technology company that has pulled back on consumer gadgets in order to emphasize software and services. Its name is IBM.

Oil market’s ‘knee jerk reaction’ to Libya

Oil prices were mixed Monday as Moammar Gadhafi’s regime appeared to be closer to tottering on the brink of defeat.

Is Europe facing a credit crunch like 2008?

The sovereign debt problems in Europe have roiled financial markets around the world.

Stocks may recover. But don’t expect much.

The major stock indexes are now down for the year thanks to the turmoil this August, but Wall Street experts are optimistic that the market will stage a comeback soon.

Stocks: Fear takes center stage

Nervous investors hoping for a reprieve this week will be disappointed.

Latest News (external links)

Free Newsletter

Sign up for the free Daily newsletter, filled with tips and advice on Stock Market Investing, Stock Market Fundamentals, Day Trading, Online Trading, Commodities, Mutual Funds, Foreign Exchange and Options. Your email address will be kept confidential and won't be shared. Easily unsubscribe at any time.

If you enjoy the free information available on this site, you're sure to enjoy the free newsletter as well:

Site Search Tags:

Share and Enjoy:

August 24 2011 08:55 am | Stock Market News

Trackback URI | Comments RSS

Stock Markets Investment

Advice, Strategy, & Research to Stock Market Investments