Stocks, commodities fall again as Greeks set new vote

The European financial crisis continued to weigh on stocks across the globe on Wednesday. Continue reading

Posted in Commodities, Europe, Federal Reserve

Grrrrrrrreece…

The Dow Jones Industrial Average fell 0.5% Tuesday, its ninth decline over the past 10-trading sessions, as worries about a possible bank run in Greece offset some positive economic data in the U.S. and Europe. Continue reading

Posted in Europe, Retail sales

Greece is the word in Monday’s markets, but “Grexit” is a close second

U.S. stocks opened the middle week of the second quarter with losses of 1% as worries about Greece’s future within the euro heightened. Continue reading

Posted in Commodities, Energy, Europe

Positive economic data help offset JPMorgan losses

A couple of positive economic reports Friday helped offset a weak opening caused by J.P. Morgan’s startling announcement after the close on Thursday that it lost upwards of $2 billion in arcane credit instruments. Continue reading

Posted in Commodities, Consumer Confidence, Inflation

Big banks never learn

Stocks in Europe rallied after big losses the prior two days, and U.S. stock market averages were also mostly higher, albeit most of the day’s best gains were given back in the final two hours of trading. Continue reading

Posted in Europe, Stocks

Europe worries continue to depress stocks

Stocks prices remained under pressure amid new concerns that March’s Greek bailout deal may yet unravel and growing worries about Spain. Continue reading

Posted in Europe, Housing, Stocks

Stocks finish Tuesday lower but off their lows

Euro-worries took stocks lower in Europe and then spread to the U.S., where losses were smaller after a late-day rally. Continue reading

Posted in Europe, Stocks