Topic: Frederic Dickson

US stocks brace for volatile week

US stocks ended the week more than two percent higher amid optimism over the global economic recovery, but as Wall Street braced for a volatile week with a heavy dose of US economic data.The blue-chip Dow Jones Industrial Average advanced 2 ...

Unemployment report to weigh on US stocks

A key jobs report will be at the center of market action in the coming week as Wall Street stocks posted their fourth straight weekly gain in the penultimate trading week of the month.Concerns over the Greek fiscal crisis kept the ...
Americans have an estimated $8.85 trillion in cash, bank deposits (CDs and savings accounts) and money market funds. [Chart posted on SiliconInvestor and cites the Federal Reserve Bank of St. Louis and Bloomberg for the statistics. So-called money of zero maturity ...

US stocks pause ahead of holidays

Investors reeling from a roller-coaster ride face a holiday-shortened trading week expected to see light trade and modest portfolio adjustments ahead of the new year.But analysts do not rule out a modest year-end rally to brighten up the mood in the ...

Main Street already hurting as Wall Street stumbles

Main Street has some news for lawmakers who say the Wall Street bailout is aimed at protecting average Americans: they're already suffering.President George W. Bush on Tuesday warned of "painful and lasting" economic hardship that will impact "the financial security ...