| Japan stocks drop on overnight US losses
(AP) |
| July 25th, 2008 02:36 AM |
|  AP - Japanese stocks fell sharply Friday as Wall Street's overnight plunge renewed lingering concerns about the U.S. economy.
|
| Wall St. futures higher, durable goods data eyed
(Reuters) |
| July 25th, 2008 01:43 AM |
|  Reuters - (Reuters) Futures for the Nasdaq were up 0.4 percent at
4:17 a.m. EDT on Friday while the the Dow Jones industrial
average and the S&P were both up 0.1 percent.
|
| Stocks tumble after sales of existing homes fall
(AP) |
| July 24th, 2008 03:11 PM |
|  AP - Wall Street abruptly ended an earnings-driven rally and closed sharply lower Thursday after a steeper-than-expected decline in existing home sales and worries about the financial sector chilled the market's recent optimism. The major indexes fell about 2 percent, including the Dow Jones industrial average, which lost more than 280 points.
|
| Accounting change not meant to shock: SEC's Cox
(Reuters) |
| July 24th, 2008 01:23 PM |
|  Reuters - An accounting change that could
force banks to bring trillions of dollars of off-balance sheet
transactions back on their books will be implemented in a way
that will not create unnecessary shocks, the chairman of the
U.S. Securities and Exchange Commission said on Thursday.
|
| SEC, Fed push for authority over investment banks
(Reuters) |
| July 24th, 2008 12:55 PM |
|  Reuters - The head of the U.S. Securities and
Exchange Commission on Thursday urged Congress to give his
agency authority to oversee investment banks, even as a top
Federal Reserve official said the central bank needed similar
powers to do its job.
|
| Stocks tumble 200 points, financials drag
(Reuters) |
| July 24th, 2008 10:54 AM |
| Reuters - The Toronto Stock Exchange's main index
slumped further on Thursday, falling more than 1 percent in a
broad decline led by weak financial shares.
|
| SEC, Fed push for tougher bank regulation
(Reuters) |
| July 24th, 2008 07:52 AM |
|  Reuters - The head of the Securities and
Exchange Commission said on Thursday that his agency should
oversee investment banks under a new regulatory regime aimed at
averting another credit crisis.
|
| European stocks return to slippery slope
(AFP) |
| July 24th, 2008 04:01 AM |
|  AFP - A brief surge for Europe's main stock markets came to a halt on Thursday, with share prices falling again as heavyweight energy stocks tumbled in London amid cooler oil prices.
|
| Wall St. futures rise; eyes on earnings, Beige Book
(Reuters) |
| July 23rd, 2008 03:13 AM |
| Reuters - (Reuters) Both Dow Jones futures and S&P 500 futures
were up 0.55 percent at 0945 GMT (5:45 a.m. EDT), while
Nasdaq futures were 71 percent higher.
|
| Bush says Wall Street has hangover, must sober up
(AP) |
| July 22nd, 2008 02:08 PM |
|  AP - President Bush, in an unguarded moment, said Wall Street "got drunk and now it's got a hangover."
|
