Investors recovered their poise after a shaky start to trading on Wall Street that sent stocks sharply lower.
Why worry? Less aid by Fed would point to recovery
Paul Wiseman, Associated Press |
posted 38 minutes ago
Investors have grown nervous that the Federal Reserve will scale back its efforts to boost the U.S. economy sooner than many expected.
Pepper your wardrobe with 'Gatsby' glitz for less
Anne D'innocenzio, Associated Press |
posted 38 minutes ago
Baz Luhrmann's big screen adaption of "The Great Gatsby" is shining a spotlight on Roaring Twenties glam fashions, from drop-waist dresses and head scarves to crisp bow ties and spectator shoes. But you don't need a wallet the size of Jay Gatsby's to get the look.
Sears reports bigger-than-expected 1Q loss
Michelle Chapman and Anne D'innocenzio, Associated Press |
posted May 23rd - 2:53pm
Sears Holdings Corp. reported a steeper-than-expected loss for its first quarter with the beleaguered retailer blaming a cooler spring for falling sales.
McDonald's can't shake criticism about nutrition
Candice Choi, Associated Press |
posted 7 minutes ago
McDonald's once again faced criticism that it's a purveyor of junk food that markets to children at its annual shareholder meeting Thursday _ including some sharp remarks from a 9-year-old girl.
Summary Box: Stocks recover from an early swoon
The Associated Press |
posted 13 minutes ago
UPS AND DOWNS: Stocks plunged at the opening of trading but recovered by midday. A rout overseas and in the early going on Wall Street was set off by a slowdown in China and worries that the Federal Reserve might slow down its bond purchases. By the afternoon the U.S. market had recouped nearly all of its loss.
Wheat gains on overseas demand
The Associated Press |
posted 17 minutes ago
The price of wheat rose by the most in two weeks Thursday after the U.S. government reported strong demand for the grain from overseas buyers.
How the Dow Jones industrial average fared
The Associated Press |
posted 26 minutes ago
Investors recovered their poise after a shaky start to trading on Wall Street that sent stocks sharply lower. The dip gave investors who missed this year's stock market surge an opportunity to get into the market, and by midday stocks had recouped most of their early losses. The Dow was down as much as 127 points.
Merck ends development of Parkinson's disease drug
Associated Press |
posted 33 minutes ago
Merck & Co. says it is ending development of an experimental Parkinson's disease drug because the drug wasn't working.
GM aims new Chevy Cruze diesel at Volkswagen Jetta
Tom Krisher, Associated Press |
posted 34 minutes ago
The marketing people at Chevrolet make no secret of the goal for the new diesel version of the Chevrolet Cruze: Take sales from Volkswagen.
US Treasury bond market at a glance
The Associated Press |
posted 41 minutes ago
Campbell buying Plum Organics
Associated Press |
posted 52 minutes ago
Campbell Soup says it's buying Plum Organics, which makes food for babies and kids, for an undisclosed amount as it looks to move into faster-growing categories.
Hewlett-Packard, Rue21, Buckle are big movers
The Associated Press |
posted May 23rd - 2:59pm
Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:
News Summary: J&J predicts surge of new medicines
The Associated Press |
posted May 23rd - 2:41pm
BIG PLANS: Johnson & Johnson says it's poised by 2017 to seek regulatory approval for a dozen new medicines and two dozen variations of existing ones.
Figures on government spending and debt
Associated Press |
posted May 23rd - 2:31pm
Gap's 1st-quarter profits rises 43 percent
Anne D'innocenzio, Associated Press |
posted May 23rd - 2:27pm
After years of struggling, Gap is back in style.
Markets
DJIA
15294.50
-12.67
Nasdaq
3459.42
-3.88
S&P 500
1650.51
-4.84
Most Popular
CNBC Top Headlines
Sears Shares Drop 13% After Big Loss
Thu, 23 May 2013 21:38 GMT
Pandora Shares Jump After Revenue Beat
Thu, 23 May 2013 21:16 GMT
Gap's Earnings Beat Forecasts
Thu, 23 May 2013 20:24 GMT
Immigrants Please Apply: Rust Belt Cities Need You
Thu, 23 May 2013 18:27 GMT
Retailers Sue Visa and MasterCard
Thu, 23 May 2013 16:52 GMT
CNNMoney.com Headlines
Obamacare premiums in California lower than predicted
Thu, 23 May 2013 17:06:39 EDT
Beware of shadow banks - opinion
Thu, 23 May 2013 16:33:56 EDT
Ashton Kutcher: 'Media @&$#%! Twitter up'
Thu, 23 May 2013 14:50:28 EDT
McDonald's gives Charles Ramsey free food for a year
Thu, 23 May 2013 14:24:14 EDT
Can Microsoft's Kinect finally deliver for gamers?
Thu, 23 May 2013 14:19:15 EDT
NYTimes.com Biz News
European Parliament Moves to Limit Scope of Eventual U.S. Trade Deal
Thu, 23 May 2013 21:07:24 GMT
Gap Profit Soars as Aeropostale First Quarter Sales Plummet
Thu, 23 May 2013 20:35:58 GMT
DealBook: Rue21 to Sell Itself to Apax for $1.1 Billion
Thu, 23 May 2013 20:32:42 GMT
Corner Office: Brad Garlinghouse of YouSendIt, on Clear Leadership
Thu, 23 May 2013 20:22:27 GMT
Wall Street Recovers After Worldwide Slump
Thu, 23 May 2013 20:14:32 GMT
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