Stocks popped at the open Monday as investors welcomed a slew of deal news, including the latest in the potential Microsoft-Yahoo combination and a possible $5 billion investment for mortgage lender Washington Mutual.
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Every Monday morning at 7:29 A.M. Northwest flight 533 from LaGuardia to Detroit pulls out of the gate, its first-class cabin filled with bankers, consultants, and lawyers who work with beleaguered auto companies. These days some of them have become such regulars that they’ve given the DC-9 its own moniker - the Distress Bus.
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Markets were pointing higher as investors weigh reports of several major corporate deals in the works and awaited the start of earnings season.
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Stocks were mixed Friday - at the end of an otherwise upbeat week on Wall Street - as the dismal March jobs report vied with hopes that the worst may be over for the market.
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Stocks clung to modest gains Friday afternoon as investors weighed the weak March jobs report with hopes that the worst may be over for the market.
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Stocks turned higher early Friday afternoon, as investors took in stride a weak March jobs report and instead redirected their focus on hints that the worst may be over for the market.
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Stocks turned higher early Friday afternoon, as investors took in stride a weak March jobs report and instead redirected their focus on hints that the worst may be over for the market.
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Bonds rose Friday morning after a disappointing report on the U.S. job market raised fears that the economy is in a recession.
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Bonds rose Friday morning after a disappointing report on the U.S. job market raised fears that the economy is in a recession.
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