U.S. ‘dangerously close’ to recession – Morgan Stanley report
A pessimistic report on the global economy from Morgan Stanley — particularly about the United States and Europe — sent the world’s stock markets tumbling Thursday.
HK stock market in JV talks with China exchanges (AP)
AP – Hong Kong’s stock exchange is in talks with its counterparts in mainland China to set up a joint venture to develop new financial products in another step toward closer ties with markets in the world’s second biggest economy.
US stock futures little changed (AP)
AP – U.S. stock futures were little changed Wednesday after companies offered a mixed picture of how the economy will affect their profits.
Summary Box: Stocks rise after acquisition flurry (AP)
AP – THE SPARK: Google said it will buy wireless phone maker Motorola Mobility Holdings for $12.5 billion in cash. Time Warner Cable, Cargill and Transocean also announced purchases of more than $1 billion each
Lowe’s 2Q net income flat on muted demand (AP)
AP – Lowe’s Cos.
Lowe’s 2Q net income flat on muted demand (AP)
AP – Lowe’s Cos.
Dow up 423 as Wall Street whipsaws again (AP)
AP – Lurching higher in its week of whiplash, Wall Street recorded one of its biggest gains of all time Thursday after investors seized on a few signs that the economy might just be able to avoid a new recession.
Stocks resume sell-off; Dow finishes down 519 (AP)
AP – Back to reality and back down, Wall Street focused on the bleak landscape ahead for the economy Wednesday and wiped out its big gains from a day earlier — and then some.
Stocks resume sell-off; Dow finishes down 519 (AP)
AP – Back to reality and back down, Wall Street focused on the bleak landscape ahead for the economy Wednesday and wiped out its big gains from a day earlier — and then some.
Stocks resume sell-off; Dow finishes down 519 (AP)
AP – Back to reality and back down, Wall Street focused on the bleak landscape ahead for the economy Wednesday and wiped out its big gains from a day earlier — and then some.