Archive for August, 2010

U.S. stocks down despite global rally

Tuesday, August 31st, 2010

U.S. stocks down despite global rally U.S. stocks were lower on Monday as concerns lingered about the health of the domestic economic recovery. Remarks by officials, including Fed Chairman Ben Bernanke and President Barack Obama failed to curb the growing concerns. Read more on Calcutta News

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Financial Stocks: Financials pare gains after FOMC minutes

Tuesday, August 31st, 2010

Financial Stocks: Financials pare gains after FOMC minutes The financial sector gives up some of its session gains after the release of the minutes of the latest Federal Reserve policy meeting highlight internal debate on the economic outlook. Read more on Market Watch

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Stock futures flat after M&A flurry as investors cautious

Tuesday, August 31st, 2010

Stock futures flat after M&A flurry as investors cautious Stock index futures were flat on Monday as investors awaited data on personal spending for a signal the economy can avoid a double-dip recession and after a flurry of mergers-and-acquisition activity. Read more on Reuters via Yahoo! News

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