Volatility spiked on Thursday after the tragedy of a downed civilian jetliner in Ukraine and the mounting death toll in Gaza and Israel interrupted the summer trading slumber.
Tags: S&P 500
Wall St. leads stocks selloff; dollar slides on Fed views
Stocks on Wall Street tumbled in late selling on Monday as the technical picture soured for the S&P 500, while the U.S. dollar posted its worst day in a year after comments from Federal Reserve officials hinted at delays in expected interest rate hikes.
Wall Street sells off on growth concerns; volatility picks up
The S&P 500 on Thursday posted its largest percentage decline in six months on concerns about the strength of the global economy and its effect on corporate earnings.
Surging dollar may be triple whammy for U.S. earnings
The suddenly unstoppable U.S. dollar is posing a triple threat to American companies' profits: driving up the costs of doing business overseas, suppressing the value of non-U.S. sales and, perhaps most worryingly, signaling weak international demand.
Futures point to flat Wall St. open; S&P 500 near record
U.S. stock index futures pointed to very slight gains at the open on Tuesday, with investors finding few reasons to buy after a rally in the previous session that took the S&P 500 index above 2,000 for the first time.
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Tim Cook, incumbent chief executive of Apple Inc, has received $4.25 million in salary and bonus for the fiscal year 2013. A proxy filing by Apple also revealed that the tech giant's chief executive did not receive stock-based compensation for the last two fiscal years.
U.S. fund managers increased their holdings of stocks in November, riding a global stock market rally that began when the Federal Reserve put off reducing its monetary stimulus.
The market has quieted a day before the US Thanksgiving, but retail stocks Barnes & Noble, Crocs, and Rite Aid are still making waves all over the world.
J.C. Penney was dropped from the Standard & Poor's 500 index after losing more than half of its market value this year alone. Its downward spiral began during a failed transformation under former CEO Ron Johnson, who was fired last April after 17 months in the job.
Multinational telecommunications company CenturyLink Inc. said it will sell USD750 million in newly-issued unsecured senior notes due in 2023. Proceeds from the offering will be used to repurchase 2018 notes of its subsidiary Qwest Communications.
The Federal Reserve announcement that it would continue with its monthly bond purchases caused US stocks to drop.
Investors were forced to short sell, or sell securities it does not own, due to the prolonged partial government shutdown.
Europe's equities have earned better in the past week compared to the US stocks. The mood now for investors is upbeat as it searches for a rebound from the previous week's drubbing on Wall Street and the Dow Jones average.
Apple stocks led a rally to keep losses of tech stock at bay. Wednesday afternoon at the stock exchange saw most US stocks in the red. However, tech stocks, led by Apple, rallied to limit the losses.
