Category Archives: Banks

Stocks rebound after early losses to close with modest gains

Following a weak opening, U.S. stocks quickly rebounded and ended modestly higher on Wednesday.

Posted in Banks, Europe, Stocks

Stocks resume their fall despite good PMI reports

Tuesday was a day of mostly positive purchasing managers’ indexes from around the globe but the good news wasn’t enough to prevent U.S. stocks from resuming last week’s downtrend.

Posted in Banks, China, Europe, Purchasing Managers' Index

Stocks close lower again, led by bank sell-off

U.S. stocks closed lower Thursday for the second straight day and the fourth time in the past five sessions, although the losses were more modest than those on Wednesday. The Dow Jones Industrial Average ended with a fractional loss after … Continue reading

Posted in Banks, Economy, Housing, Jobs

Stocks fail to hold early gains, end lower

Up nearly 100 points shortly ahead the open Wednesday, the Dow finished the day down nearly 100 points, for a 0.6% drop and a 1.3% high-to-low intraday swing. The S&P 500 closed 0.7% lower, while NASDAQ fell 1.4%, as biotech … Continue reading

Posted in Banks, Capital Spending, Stocks