The Dow rose 68.91 points to close at 11,061.12 in September's second gain
Stocks may be chaotic, but they also offer opportunities if you look in the right place. Plunging stocks now make some sectors appealing.
Bank of America's woes are so large that it could take a page from the asbestos settlements trusts of more than a decade ago. Bank of America faces a raft of lawsuits claiming it knowingly sold them securities backed by shoddy home loans.
The Dow fell 303.68 points to close at 10,992.13. The S&P lost 31.67 points to 1,154.23, and the Nasdaq dropped 61.15 points to end the day at 2,467.99.
Mortgage loan problems threaten bank of America. Up to 750 branches could close, and 45,000 layoffs could result as the banking giant splits into separate consumer and commercial units, struggling under the weight of toxic mortgage loans.
The Dow lost 119.05 points to close at 11,295.81 as Bernanke's address failed to outline specific plans for economic recovery
Stocks rose as fears about Europe's debt crisis subsided. The Dow went up 2.75.56 points to close at 11,414.86, and nine stocks rose for every one that fell on the New York Stock Exchange.
The Dow fell 110.96 points to 11,139.30 in its worst start to September since 2002
Global markets reflect worry about rising interest rates for eurozone's weakest nations and possibility of a US recession. Among global markets to tumble most: Germany, down 5.3 percent and France, down 4.7 percent.
Faulty mortgage loans were a major contributor to the recession and now a US regulator is suing 17 big banks for their role in those faulty loans.