What a difference a year makes! One year ago Wall Street was in party mode as the stock market reached all-new lifetime highs, but that was then....and this is now. The Dow has tumbled some 35 percent since its record close of 14,163. And the benchmark S&P 500 is down 37 percent from its lifetime closing high of 1,565. Worries a credit crunch sparked by poisonous mortgage loans may cause a global economic recession has beat stocks down for the past six sessions, but Alan Valdes director of floor operations at Hilliard Lyons is hopeful the market is forming a short-term bottom. SOUNDBITE: Alan Valdes, director of floor operations, Hilliard Lyons (English) saying: "You saw the housing numbers, pending home sales, up 7.4 percent - a good sign the other day. You see IBM - good sign. You see the banks work in union; the Bank of England, Fed cutting rates yesterday; these are positive signs and you are just getting this feeling that maybe, just maybe we are turning the...
Global investors took another beating on signs the financial crisis is spreading beyond the United States. Panic selling briefly plunged the Dow 800-points lower; in a global sell-off that was so...
The U.S. Senate is set to vote Wednesday night on a $700-billion US financial bailout plan that was narrowly defeated Monday in the House of Representatives. Following a day of closed-door...
Investors bet the Federal Reserve will cut rates at its meeting on Wednesday - which helped offset lingering worries of a recession. Stocks bounced back from a lower opening to rally 176 points...
Stocks posted solid gains with beaten-down financial shares staging a comeback on news of a big capital infusion into a major global bank. The Dow jumped 101 points. The S&P posted an...
Price hikes, waning consumer confidence and profit warnings took the steam out of U.S. markets Tuesday. At the close the Dow lost 34 points, the S&P 500 gave up 3, and the Nasdaq shed 17....
Yahoo has finally given an answer to Microsoft - no thank you. The Internet media company called Microsoft's unsolicited $41 billion bid - too low- saying the cash and stock deal...
Wall Street enjoyed a happy ending to what was the worst January for the Nasdaq on record. At one point the market was up more than 2 percent on Thursday. The Dow settled with a 207 point gain....
Early hopes of an end to the brutal sell-off on North American stock markets quickly faded Friday as investors appeared unimpressed by White House efforts to revive a slumping U.S. economy....
Despite a global selloff, Wall Street seems to have dodged the bullet - for now. Although stocks dropped 2 percent at they open, following steep losses in Asia and Europe, they quickly pared back...
A parade of positive earnings led the stock market to its best gain in two weeks. The Dow surged 256 points. The S&P 500 rallied 30 points. The Nasdaq jumped 64, a gain of 2.8 percent. Intel...
Truveo video search lets you search and find videos from across the Web. Use Truveo to find all types of online video including hit television shows, full-length movies, breaking news clips, sports highlights, music videos, or the latest viral videos. If you are looking for a specific video, Truveo video search can help you find exactly the video you want. Truveo can also help you browse through video across the web and discover new videos that you might like.
