Category Archives: U.S. Stock Market

Wall Street Bill Tied Up by Blanche Lincoln Primary

The Obama administration doesn’t love it. Senate Democrats aren’t wild about it, either. Even respected financial watchdogs like Paul Volcker oppose it. But a controversial proposal by Sen. Blanche Lincoln (D-Ark.) that would force investment banks to spin off their derivatives businesses appears to enjoy a quirky protected status until Tuesday — primary election day [...]

Posted in 2010 Elections, Congress, Politico, Solid Principles, U.S. Stock Market, Wall Street | Tagged as: , , , , | Leave a comment

U.S. Stock Futures Claw Back Gains After Tumult

By STEVE GOLDSTEIN U.S. stock futures rose Friday after one of the most tumultuous sessions in history, ahead of key nonfarm payrolls data, as investors eyed Greece developments and the outcome of tight U.K. elections—and braced for further volatility. Over three hours before the start of trading, Dow Jones Industrial Average futures added 37 points. [...]

Posted in Business, Greece, Solid Principles, U.S. Stock Market, Wall Street, Wall Street Journal | Tagged as: , , , , , | Leave a comment

Brasilian Exchange (Bovespa) Down 2,360 pts.

Brazil’s Stock market sold off today in reaction to the Greek credit crisis, plunging 2,360 points. The ratings agencies downgraded Greek’s debt to junk status and it’s stock market plummeted 6% today.  The selloff spread through the rest of Europe as investors worried whether Germany would come to Greece’s rescue. ~~John Cronin~~ Recommend on Facebook Share [...]

Posted in Bond Markets, Business, Solid Principles, U.S. Stock Market, Wall Street | Tagged as: , , , , | Leave a comment