May 7, 2012 | Banking and Finance
Equity markets closed sharply lower on Friday and on the week after the April payrolls report showed the U.S. economy created just 115,000 new jobs, the fewest in six months. The S&P 500 lost 2.4% last week, its largest weekly retreat since mid-December. The Dow...
Mar 14, 2012 | Banking and Finance
U.S. stocks opened mildly higher, extending gains into a sixth day on follow-on strength from yesterday’s surprise Fed stress test results which allowed a dividend-increase melee among banks. The actions reiterate the Fed’s view that strains in global financial...
