Latest News in Stock Market and Investments – Dec 07, 2010
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Precious metals outshine stocks
Precious metals like gold and silver took center stage Monday as few investors showed a willingness to jump into the stock market fray on a day with no major economic news on tap.
Stock investors waiting on Bush tax cuts
The economic recovery is still very weak — news Friday that the economy added just 39,000 in November proved that. But stock investors are more focused on Washington policies than economic indicators.
U.S. fraud probe: $10 billion in swindling
More than 300 people have been charged criminally and 189 are facing civil penalties as the result of the first batch of investigations by the Financial Fraud Enforcement Task Force created in 2009, Attorney General Eric Holder said Monday.
The yield on the benchmark 10-year Treasury note staged a mild retreat from its four-month high Friday, but recovered late in the day, closing just over 3%.
Stocks extend rally on retail cheer
U.S. stocks rallied 1% Thursday, building on the previous session’s big gains, as investors cheered strong retail sales and welcomed the European Central Bank’s plan to extend liquidity measures.
Stocks rally: Dow soars 249 points
Stocks surged over 2% Wednesday as signs of economic strength in the United States and China tempered worries about the European debt crisis.
Is the commodities correction finally over?
November was a wild month for commodities, with the market tracking stocks higher in the first week and then scaling way back as the month continued. Now it seems the correction may be over.
Stocks end November with a whimper
Stocks started November with a bang but ended it with a whimper, as all three major indexes closed the day and month lower on Tuesday.
Stocks stage an afternoon comeback
After tumbling early Monday morning, stocks bounced back to end the session still down, but much closer to breakeven.
Investors hope for a Black Friday bounce
Black Friday, the first major shopping day of the holiday retail period, has come and gone.
U.S. stocks went on a wild ride this week, with the Dow posting triple-digit losses one day and triple-digit gains the next.
Stocks end higher on jobless claims drop
U.S. stocks rallied more than 1% Wednesday after a huge drop in unemployment claims signaled some signs of life in the depressed labor market.
Stocks skid on Korean hostilities
Stocks ran into a wall of worry Tuesday as violence erupted on the Korean peninsula, concerns about Europe’s debt crisis expanded and the Federal Reserve issued a dour economic outlook.
Bond prices rise on Korea, Ireland worries
Treasury prices rose Tuesday for the third straight session, as investors shied away from risky assets following military tensions in Korea and debt problems in Ireland.
Bank stocks took a beating Monday after reports of a Wall Street insider trading probe, holding stocks back despite news of Ireland’s bailout.
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December 07 2010 01:38 am | Stock Market News

