Stock Markets News

AUSTIN, Texas - Brothers Charles and Sam Wyly, born a year apart during the Great Depression, almost always have been joined at the hip. Full Story »

WHAT A MONTH: The Dow Jones industrial average and Standard & Poor's had their best month since July 2009 and their first winning month since this past April. Strong earnings were behind the big gains. Full Story »

NEW YORK - Stocks had a fitting end to a choppy July as prices seesawed their way to a narrowly mixed finish. The market still had its best month in a year. Full Story »

NEW YORK (Reuters) - U.S. stocks are unlikely to break above a key technical level next week unless monthly jobs data and consumer company results paint a more promising picture of the recovery. Full Story »

Stocks had a fitting end to a choppy July as prices seesawed their way to a narrowly mixed finish. Full Story »

NEW YORK (Reuters) - U.S. stocks closed little changed on Friday, but Wall Street wrapped up its best month in a year after the earnings season rounded the final turn with a group of strong results that offset the impact of poor economic data. Full Story »

LONDON (AFP) - Leading shares in London slipped lower on Friday after weaker-than-expected US growth figures stirred concern about the strength of the economic recovery, dealers said. Full Story »

Investors still trust the safety of bond funds. June was another good month for fixed income. The Investment Company Institute reported that overall, mutual funds saw net inflows, mostly into bond funds. Bond funds experienced inflows of more than $20 billion--up about $6 billion from May. Meanwhile, stock funds saw more outflows. The WSJ reports that investors haven't consistently put money into stock funds since the market hit its low in March 2009. Low-yielding money market funds also continued to see outflows, which brings their total outflows for the year to more than $500 billion. Full Story »

LONDON - European and U.S. stock markets dropped sharply Friday after figures showed the U.S. economy slowed faster than expected in the second quarter, further eroding confidence in the recovery in the world's largest economy. Full Story »

LONDON (AFP) - Europe's main stock markets fell on Friday as investors looked ahead to key economic growth figures from the United States, after dissecting news of a major takeover, company earnings and eurozone data. Full Story »

DALLAS - Sam and Charles Wyly, Dallas billionaire investors known for their support of conservative candidates and causes, made $550 million in undisclosed profits through 13 years of insider trading, according to a Securities and Exchange Commission lawsuit filed Thursday. Full Story »

NEW YORK (Reuters) - Citigroup Inc will pay $75 million to settle charges that it failed to disclose subprime exposure to investors in 2007, the U.S. Securities and Exchange Commission said on Thursday. Full Story »

WASHINGTON - Banking titan Citigroup Inc. is paying $75 million to settle civil charges that it misled investors about its potential losses from subprime mortgages as the housing bust hit in 2007. Full Story »

NEW YORK (Reuters) - The Securities and Exchange Commission charged billionaire Samuel Wyly and his brother Charles with fraud for reaping more than $550 million of illicit gains by trading stock in four companies while they were serving as directors. Full Story »

A look at economic developments and activity in major stock markets around the world Thursday: Full Story »

NEW YORK (Reuters) - Trading in Cisco Systems Inc shares was briefly halted on Thursday after triggering a circuit breaker. Full Story »

Canada think tank sees loophole in emissions plans

OTTAWA (Reuters) - Proposed Canadian regulations to cut emissions from cars and trucks may have little to no effect as early "action credits" banked by automakers may be able to carry them through the compliance period, an environmental think tank said on Thursday. Full Story »

LONDON (AFP) - London's leading shares rose slightly at the start of trading on Thursday as positive corporate earnings figures countered weak US economic data. Full Story »