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Citigroup socked away less cash to cover loan losses than analyst expected last quarter. But why?
Normally such a decision can be interpreted as a sign of improving credit...
Remember when Citigroup was racking up billion-plus volume days on the regular? Well, trading has quieted down a lot.
In August, the average daily NYSE Composite volume for Citigroup averaged...
Gold stretched higher early Thursday afternoon, with futures prices briefly touching $1,060 an ounce. The conventional wisdom on Wall Street is that gold’s run higher is fueled by some...
The September jobs report isn’t pleasing the stock market. S&P futures saw a steep fall following the 8:30 a.m. release. The Journal reports:
Nonfarm payrolls declined by 263,000 in September,...
Near as we can tell, the late day sell-off started gaining steam after Goldman Sachs issued a somewhat gloomy note cutting its outlook for tomorrow’s all-important payrolls report. Here’s...
Dow Industrials, up 47.69 points this week, or 0.46% to 10318.16
Today, it fell 14.28 points, or 0.14%
Up for the third week in a row.
Longest weekly winning streak since the four week ended August 7.
Up 6.23% over the three week...
Nymex crude for December delivery gained 37 cents per barrel, or 0.48%, this week, to $76.72.
Today, it is down $0.74 or 0.96%.
Up two of the last three weeks.
Comex gold for November delivery gained $30.30 a troy ounce this week, or...
Next week’s calendar is ablaze with data, despite the Thanksgiving holiday. The reports that have the biggest potential to move markets probably will be the multi-readings on housing and on consumer
attitudes.
The boost from the federal tax credit...
One of President Obama’s most-important jobs during his recent jaunt to China was convincing officials to continue to plow their money into Uncle Sam by buying government-backed debt. Was he a success?
The yields of longer-dated Treasurys might be the...
We’ve all gotten so used to the clockwork impact that the movement of the U.S. dollar has on everything lately. But here are some interesting factoids from Gluskin Sheff’s David Rosenberg, via a rather swell post over at Pazzomundo.com.
The U.S....
