Stocks Sink After Republicans Cancel Budget Vote
Stocks fell sharply after House Republicans called off a vote on tax rates and left federal budget talks in disarray 10 days before sweeping tax increases and government spending cuts take effect.
10-year U.S. Treasury note
Election Day 2012: Stocks Rise as Investors Wait for a Winner
Major stock-market indexes climbed Tuesday as investors waited for the finish of a closely fought U.S. presidential election.
Retail Sales, Banks, Pharma Drive Dow to Biggest Gain in a Month
Stocks rose on Monday after a strong gain in retail spending suggested that consumers could be getting more confident about the economy. Bank stocks rose broadly after Citigroup delivered a strong earnings report.
Fed Officials Weighed Need to Help Economy Further
Federal Reserve officials spoke with increased urgency at their last meeting about the need to provide more help for a weak U.S. economy. Many members felt further support would be needed "fairly soon" unless the economy improved significantly, the minutes of the July 31-Aug. 1 meeting show.