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Yahoo! News: Stock Markets News
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Stock Markets News
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Asian shares mostly rise as Europe worries ease
(AP)
AP - Asian shares were mostly higher Thursday following advances on Wall Street and in Europe after a successful bond sale by Portugal eased debt crisis worries. But Chinese shares fell on fears that authorities might do more to cool the property sector.
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SEC defends $75 million deal with Citigroup
(AP)
AP - The government is defending as "fair and adequate" its $75 million settlement with Citigroup Inc. over charges it misled investors about billions in potential losses from subprime mortgages.
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Flash crash cause still a mystery
(Investor's Business Daily)
Investor's Business Daily - The SEC, which is probing the stock market "flash crash" on May 6, still hasn't identified a single cause, but a trade practice known as "stub quotes" and other issues contributed to the market's dramatic drop, sources said. Stub quotes are orders placed by market makers that are well off the market prices for stocks. The SEC wants to ban stub quotes.
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SEC says proposed Citi settlement is fair
(Reuters)
Reuters - The top securities regulator defended its proposed $75 million settlement with Citigroup , saying the penalty reasonably accounts for the seriousness of the bank's alleged misconduct, according to a document filed in court on Wednesday.
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Summary Box: Stocks rebound as Europe worries ease
(AP)
AP - BACK ON TRACK: The Dow Jones industrial average and other market indicators rose Wednesday as concerns about Europe's financial system eased thanks to a successful sale of debt by Portugal. The Dow rose five out of the last six days.
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How the major stock indexes fared Wednesday
(AP)
AP - Stocks resumed their rally Wednesday after a successful auction of Portuguese government debt eased worries about Europe's financial system. Major indexes pulled back from their highs in the afternoon after the Federal Reserve said more regions of the country saw slower growth late in the summer.
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Stocks resume rally as European debt worries ease
(AP)
AP - Stocks resumed their rally Wednesday after a successful auction of Portuguese government debt eased worries about Europe's financial system.
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Wall Street climbs in low-volume session
(Reuters)
Reuters - Stocks rose on Wednesday as investors latched onto positive news out of Europe in the latest in a string of low-volume sessions suggesting little confidence in market direction.
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Flash crash report: plunge still a mystery: sources
(Reuters)
Reuters - Regulators probing the stock market "flash crash" last May still have not uncovered a single cause but will point to "stub quotes" and other previously identified issues as having exacerbated the market's dramatic drop, according to two sources familiar with the probe.
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Kuwait appoints first stock market regulator
(AFP)
AFP - Kuwait has appointed its first independent regulatory body, the Capital Market Authority, to oversee its stock exchange, Commerce Minister Ahmad al-Harun said on Wednesday.
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