BREAKING NEWS

AM BUSINESS BRIEF 6-19-13

AM BUSINESS BRIEF 6-18-13

Upbeat reports on home construction and inflation helped fuel a rally on Wall Street today. Traders are also optimistic the Federal Reserve will continue programs aimed at propping up the economy. The Fed wraps up a two-day meeting tomorrow.

Stocks posted strong gains today on expectations that the Fed will continue with its economic stimulus program when it meets this week.

AM BUSINESS BRIEF 6-14-13

After several down days, Wall Street bounced back today, with the Dow, the NASDAQ and the S&P all closing higher.

AM BUSINESS BRIEF 6-13-13

AM BUSINESS BRIEF 6-12-13

AM BUSINESS BRIEF 6-11-13

A losing day on Wall Street, with the Dow, NASDAQ and the S&P closing lower. U.S. markets followed the lead of their Asian and European counterparts, where the key benchmarks lost one percent - or more - after the Bank of Japan declined to take new steps to spur that country's economic growth. Investors say it adds to a sense that global central banks are easing back on efforts to support economic growth and keep interest rates low.

A mixed close for Wall Street, despite the Standard & Poor's ratings agency saying it's growing more optimistic about the U.S. economy. S&P has upgraded its outlook on long-term U.S. debt.

AM BUSINESS BRIEF 6-10-13

An impressive turn-around on Wall Street today. The key averages bounced back from steep losses to close in positive territory!

AM BUSINESS BRIEF 6-6-13

AM BUSINESS BRIEF 6-5-13

A sell-off today on Wall Street, with the key averages losing more than one-percent on the day.

AM BUSINESS BRIEF 6-4-13

Wall Street began the day with a rally that fizzled in the afternoon. And the stock market's key averages closed lower. One analyst suggests traders are preparing for the government's monthly jobs report on Friday.

The House Ways and Means committee will hear from conservative groups who were victimized by the IRS targeting scandal.

A measure of U.S. manufacturing fell last month to its lowest level since June 2009!

AM BUSINESS BRIEF 5-31-13

AM BUSINESS BRIEF 5-30-13

A couple of lackluster economic reports helped Wall Street recover from yesterday's losses by reassuring investors that the Fed will not start to scale back its economic stimulus, specifically its $85 billion dollars worth of monthly bond purchases.

Wall Street stocks have giving back a big chunk of what they gained in yesterday's rally, with the key averages closing in the red. Standard and Poor's stock analyst Sam Stovall is not surprised:

AM BUSINESS BRIEF 5-29-13