Wall Street

Stocks end higher

Housing and Home Depot, those were the two big boosters on Wall Street today, adding more gains for the major stock averages. Investors were also in a buying mood thanks to encouraging news about inflation.

Kevin Syms | Little Palm Resorts & Spa

After close to a year and a half of pumping money into the stock market, mom-and-pop investors have spent most of the summer in hiding. Since May, money has been streaming out of mutual funds that invest in the stock market—particularly those that are focused on U.S.-based equities. Domestic equity mutual funds surrendered some $26.6 …

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Even as retail investors shy away, Wall Street is still making a dash for trash. In fact, the recent exodus of funds from high-yield bonds has only whetted the appetite of institutional investors, who are using the slump in junk prices as a buying opportunity, according to an analysis from the Wall Street Journal. The mom-and-pop crowd ditched …

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George Soros, billionaire and founder of Soros Fund Management, speaks during an interview in London in March.

Soros Fund Management, the large family office that manages assets for billionaire George Soros, raised its protection against a U.S. stock market drop dramatically, sparking concerns that the powerful investment firm is expecting a big fall in equities. During the course of the second quarter, which ended June 30, Soros Fund Management’s position in puts—the right …

Sizable gains on Wall Street

The major averages posted some sizable gains despite a slump in retail stocks.

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Andrew Hemingway was introduced to bitcoin four years ago while working as a tech entrepreneur. At 32, he is now the Republican candidate for governor of New Hampshire—the youngest gubernatorial candidate in state history—and the first to accept bitcoin donations. In May, a unanimous vote by the Federal Election Commission made it legal for bitcoin …

Staff Sgt. Michael R. Holzworth | U.S. Air Force
Air Force airmen conduct an operational check on a F-16 Fighting Falcon at Balad Air Base, Iraq, in this March 22, 2007 file photo.

In the face of turmoil in Ukraine, sputtering growth in Europe and now U.S. involvement in Iraq, it’s safe to say the macro front is fairly chaotic. On Thursday, U.S. officials confirmed that military aircraft are conducting limited strikes on the artillery of anti-government insurgents (on top of airdropping humanitarian aid). Add that to the widening Ebola emergency, the …

Choppy trading day

On Wall Street stocks ended a choppy trading session with modest gains.

Bull vs. bear

Even though stocks rallied today, there’s still plenty to debate between the bulls and the bears on Wall Street.

Wild day on Wall Street

Stocks kicked off the new week closing to the downside as geopolitical tensions weighed on the markets.

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A Pier 1 Imports store in New York.

It’s Wall Street’s latest worry: The current state of the American consumer. Despite a blockbuster June employment report, buffeted by positive auto sales and same-store retail sales numbers, many investors and strategists worry that American consumers just don’t have the cash, or the willingness to spend it, that is required for the recovery to continue. …

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A trader works on the floor of the New York Stock Exchange.

At no other point in recent memory has speed in trading been more at the forefront of public discussion. The entire financial services community can thank noted author Michael Lewis for that. His “Flash Boys” book highlights the world of high-frequency trading and sets out a story line that has put computer-driven trading strategies under …

Deals, turmoil & data

Three big issues dominated trading on Wall Street today: a flurry of mergers and acquisitions, more violence and political turmoil in Iraq and also positive data on the economy ahead of the Federal Reserve meeting.

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JPMorgan Chase headquarters in New York.

JPMorgan Chase bankers may be facing a pay cut. Bank chief financial officer Marianne Lake said at an investor conference Wednesday that JPMorgan could cut compensation for investment banking employees if it continues to post lower revenue, according to The Wall Street Journal. Read More JPMorgan shareholders back directors, exec pay Lake also said there could be “too much …

Eric Cantor's coming exit from Congress means that Wall Street will lose a key ally on Capitol Hill.

Eric Cantor’s coming exit from Congress means that Wall Street will lose a key ally on Capitol Hill. Cantor, the second-ranking Republican in the House of Representatives, received significant support from financial firms and was known as a leading industry ally on related regulation. “The majority leader is someone the financial industry has always been …