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Articles Written by: PETER A. MCKAY
NEW YORK — Investors sought safety Friday by selling stocks for a third straight day in favor of the dollar and Treasurys, including some short-term debt that offered almost no return.
The energy sector led the stock market lower because of a pullback ...
From PETER MCKAY,
Denver Post,
21 Nov 2009
NEW YORK — Stocks finished the session higher Friday, helping cement solid gains for the week, as key corporate earnings from consumer names helped offset news that sentiment remained shaky among U.S. consumers.
The Dow Jones industrial average gained 7 ...
From PETER MCKAY,
Denver Post,
14 Nov 2009
The currency markets on Friday are giving new meaning to the term “almighty dollar.”
The greenback is enjoying a bustling rally despite a dismal U.S. employment report showing that the country’s payrolls shed 2.6 million workers last year, the most ...
WSJ.com’s inside look at the markets
This post was written by Geoffrey Rogow, Rob Curran, and Peter A. McKay.
Are investors becoming inured to big job losses in the U.S.?
With a much-anticipated employment report on the way, the stock market has ...
A little more than a year ago, regulators eliminated some of the stock market’s circuit breakers, or index-based threshholds to trigger trading pauses. And now that the market is actually in an October plunge, the ones that remain look less potent ...
Even after its summer swoon, oil is still expensive by every medium- or long-term measure, posing a threat to the broader economy. The trading of both energy and consumer stocks seems to reflect this.
Crude futures have fallen more than 20% from their ...
Apparently, what’s good for Wall Street is too good for General Motors.
In explaining its action, the SEC cited the potential that a toxic mix of false rumors and so-called “naked” short sales could wreck confidence in particular financial names and, ...
The rallies in oil and other energy products have been so furious that they’ve set off rarely used trading limits, or circuit breakers, designed to keep commodity markets from spiraling out of control. As a hybrid market with both a trading floor and ...
WSJ.com’s inside look at the markets
Peter McKay has this report on manipulation in commodity markets.
In January, the CFTC won its first verdict regarding attempted manipulation, in a case brought against natural-gas trader Anthony Dizona in ...
Oil prices swung wildly Thursday, trading up more than $2 after the Energy Information Administration released data showing surprisingly large drawdowns in U.S. inventories of both crude and gasoline last week. The EIA noted, however, that there have ...
