Tech stocks were felled by a rare earnings miss at Apple, Inc. The Dow fell 72 points to 11504 after trading high for most of the day, as Apple's poor earnings results helped drag down tech stocks.
Tech stocks moved broadly lower in midday trading after Apple earnings come in below expectations. Despite gloom over tech stocks, Intel breaks out after strong earnings growth.
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.
Debt limit deal causes jump for stocks in Asia and stock futures in US. But big cuts from second step of debt limit plan would be needed for a durable rally.
GE earnings to get plenty of scrutiny after Japan nuclear fallout, tax stories. Dozens of high-profile companies will report earnings Thursday.
ETFs focused on precious metals, Indonesian stocks, and lithium mining have investors piling into them.
Concerns are rising that faulty mortgage paperwork may spawn a boom in lawsuits against big banks. For now, a second financial crisis seems unlikely – but not impossible.