may 6 stock market plunge

Market Turmoil Sends a Signal: Diversify!

May 6 reminded investors of the need for diversification to reduce risk to their portfolios. So, how much risk is right for you, what emerging markets are good investments and is gold really a safe haven?

One Manager's Way of Immunizing Against Panics

Are the markets sending you racing for a defensive strategy? Peter Newell, managing director at Vontobel Asset Management, has a stock-picking approach that guards against calamities.

Domino Effect Sends Asian Markets Down

Shares in Asia plummeted Friday, following the turmoil in the U.S. markets. In Japan the Nikkei tumbled 3.1%, in China the Shanghai Composite Index sank 1.9%, and Hong Kong's Hang Seng fell 1.1%.

Rumors Swirl as Market Plunges on Debt Fears

Amid a market growing increasingly paranoid about Europe's debt crisis, errors were cited as the reason for Thursday afternoon's stock market plunge. But there is likely more to the story.

Did a Trader's Error Worsen the Market Fall?

The Dow suffered its single worst intraday drop on Thursday. But were legitimate concerns about Europe exacerbated by human error at Citigroup? And worse, did computerized trading send it into overdrive?

Gold Shines as Markets Take a Bumpy Ride

As the stock market plunged nearly 1,000 points before closing down 347 points on Thursday, investors flocked to gold, proving that the yellow metal is still considered a safe haven in times of uncertainty.

MGM Mirage Reports First-Quarter Loss as Convention Business Fizzles

MGM Mirage reported a loss of $96.7 million for the first quarter of 2010. Contributing to the results were anemic convention business and condominium write-downs at the new $8.5 billion CityCenter. The company's stock was also caught up in the general market slide Thursday.

How Investors Should React to the Plunge

Thursday's panicked stock sell-off could be the start of the fourth great market plunge in a decade. But it could also present some real opportunities. So stay calm, and stay ready.

Dow Drops Nearly 1,000 Points Before Paring Loss

The Dow fell dramatically in afternoon trading before bouncing back to a 350 point loss. Traders piled out of equities and into the relative safety of Treasurys and the U.S. dollar. Oil prices plummeted and gold touched $1,200 an ounce.