Pain in Spain hits Wall Street, Texas Instruments off late

NEW YORK (Reuters) – Stocks fell for a second straight session on Monday, as Spain appeared closer to needing a national bailout and poor corporate results weighed on the market. Weak results from McDonald's Corp added to the cautious tone on Wall Street. Materials stocks w
Read More

Wall Street Week Ahead: Apple, Facebook take the spotlight

NEW YORK (Reuters) – The trend of better-than-expected earnings will be put to the test in the coming week when investors hope Apple can exceed already high expectations for the tech giant and Facebook reports its first quarterly earnings. Apple accounts for a significant propor
Read More

Wall Street drops on tech warnings; P&G cuts Dow’s loss

NEW YORK (Reuters) – U.S. stocks fell on Thursday, hit by more warnings in the technology sector, while a rally in Procter & Gamble helped the blue-chip Dow cut its loss. Shares of consumer products giant Procter & Gamble rose 3.7 percent to $ 63.70 after a source said a
Read More

Jobs selloff erases Wall Street’s gains for week

NEW YORK (Reuters) – Stocks fell about 1 percent on Friday as another month of tepid jobs growth underlined fears the economy was stalling, though not to the point where more economic stimulus from the Federal Reserve was imminent. Friday's losses meant the S&P 500 inde
Read More

Wall Street Week Ahead: Can EU deal lift stocks for more than a day?

NEW YORK (Reuters) – Stocks finished the first half of the year with a bang as investors welcomed news that the euro zone is a step closer to solving its 30-month-long debt crisis. Now for the question: Is this rally strong enough to last for more than a day? The S&P 500 and
Read More

Wall Street gains on data, rising oil prices

NEW YORK (Reuters) – Stocks rose on Wednesday as stronger-than-expected economic data helped lift energy stocks, overshadowing concerns a European Union summit will not yield tangible progress in easing the debt crisis. The energy sector showed the strongest gains among the 10 m
Read More

Wall Street tumbles as little expected from summit

NEW YORK (Reuters) – Stocks fell on Monday, erasing the S&P 500 index's gains for June so far, as investors saw few reasons to buy before a European Union summit this week. Energy and bank stocks led the decline on the S&P 500. U.S. crude futures dropped near last w
Read More

Wall Street rebounds after steep drop, banks lead

NEW YORK (Reuters) – Stocks rose on Friday, led by gains in bank shares, as the S&P 500 index bounced back from its second-worst decline of the year. The benchmark index slid 2.2 percent on Thursday, its biggest drop since June 1, on signs of a global slowdown in manufacturi
Read More

Wall Street ends down amid Greek vote fears

NEW YORK (Reuters) – Wall Street ended lower on Wednesday as fears ahead of the Greek elections over the weekend drove down a market that had been treading water through most of the day. Based on the latest available data, the Dow Jones industrial average was down 78.63 points,
Read More

Wall Street Week Ahead: Time for some more stimulus?

NEW YORK (Reuters) – Things are shaping up for another hot summer on Wall Street, and there is a long, long way to go yet. Federal Reserve Chairman Ben Bernanke will be back on Capitol Hill on Thursday to testify before a congressional committee about the state of the U.S. econo
Read More