new york stock exchange

Wall Street Watch Tuesday: Sandy Wreaks Havoc

With Hurricane Sandy approaching landfall in the Northeast, the major stock exchanges didn't want to take chances. There were no stock orders executed on Monday. There will be no trading on Tuesday, either.

Hurricane Sandy Leads Companies to Postpone Earnings Reports

A number of major U.S. companies postponed quarterly earnings reports Monday as Hurricane Sandy bore down on the East Coast and financial markets were closed: Among the biggies waiting until the rain stops: Pfizer, Thomson Reuters, NRG Energy, and Martha Stewart Living Omnimedia.

Hurricane Sandy Closes All U.S. Stock Exchanges

The New York Stock Exchange will close its trading floor Monday as Hurricane Sandy barrels its way up the Northeast, but Big Board trading will continue electronically. NYSE Euronext said Sunday it is putting in place its contingency plans beginning Monday and will announce later when the trading floor will reopen.

Realogy Soars in 1st Day of Trading on NYSE

Shares of real estate services provider Realogy, whose brands Century 21, Coldwell Banker and The Corcoran Group, soared more than 22 percent in their first day of trading on the New York Stock Exchange.

Occupy Wall Street Marks Anniversary with NYSE Protest

A few hundred Occupy Wall Street activists gathered in New York's financial district on Monday but police kept them well back from the New York Stock Exchange, which they had threatened to surround as part of a day of protests marking the movement's one-year anniversary.

NYSE Paying $5 Million Fine to Settle Charges on Data

The New York Stock Exchange is paying $5 million to settle federal civil charges that it gave some customers an unfair head start by providing them with trading data ahead of the wider public. It marked the first time the Securities and Exchange Commission ever imposed a fine on an exchange.

Stocks Fall as Consumer Spending Fails to Impress

Stocks gave ground Thursday as investors were underwhelmed by news of higher consumer spending. By late morning, the Dow Jones industrial average was down 92 points to 13,015. The Standard & Poor's 500 fell 10 to 1,400. The Nasdaq slipped 28 to 3,053.

S&P Touches Highest Level Since 2008, Then Falls

The Standard & Poor's 500 index is closing lower after hitting a four-year high. The S&P 500 lost five points to close at 1,413. The index had climbed to 1,426 in morning trading, its highest since May 19, 2008.

Beleaguered Knight Capital Gets a $400 Million Financing Lifeline

Knight Capital says investors have agreed to supply it with $400 million in financing, which would help the trading firm stay in business after last week's disastrous software glitch that shook stock trading across the market, cost the firm $440 million, and jeopardized its future.

JPMorgan's 'London Whale' Losses May Hit $9 Billion

JPMorgan Chase & Co is under renewed scrutiny in the wake of a The New York Times report that losses from a bungled credit-derivatives trade could be as much as $9 billion, much more than earlier estimated.

3 Black Success Stories Share Their Finance 'Secrets'

In honor of Black History month, DailyFinance asked three prominent African Americans to share their thoughts about what economic empowerment means to them, and illuminate what it takes to achieve it -- no matter who you are.

Wall Street's Hurricane Irene Contingency Plan

When it comes to bold weather-related boasts, it's hard to beat the Post Office's unofficial motto: "Neither snow nor rain nor heat nor gloom of night stays these couriers from the swift completion of their appointed rounds." Yet even the USPS pales beside the standard set by the New York Stock Exchange: Wall Street hasn't closed for weather since Hurricane Gloria in 1985.

Nasdaq, ICE Drop $11 Billion Bid for NYSE Euronext

Nasdaq and IntercontinentalExchange are withdrawing their $11 billion bid for the New York Stock Exchange after recognizing that it wouldn't receive regulatory approval. The decision leaves the path open for NYSE Euronext to merge with the German exchange operator Deutsche Boerse.

The Dow Snaps Its
Two-Day Losing Streak

Stocks closed mixed Friday as better-than-expected earnings from General Electric helped the Dow and S&P 500 snap two-day losing streaks, but the Nasdaq closed lower after disappointing results from Advanced Micro Devices.

What's an Exchange-Traded Fund?

Laura Morrison, head of U.S. ETF trading and listings operations at NYSE Euronext, explains what these increasingly popular investment vehicles are and how they can best be used in an investment portfolio. She also talks about how how interested investors can purchase ETFs.

Advice from Muriel Siebert on How to Make It in Business

Muriel Siebert overcame many hurdles to earn the reputation of Wall Street's First Woman. An advocate of women in business and transparency for investors, "Mickie," discusses her accomplishments, dispenses advice and voices her concerns about America's young.

Where Were You When Lehman Brothers Collapsed?

From the floor of the New York Stock Exchange to the cubicles and boardrooms of New York's biggest banks, when Lehman Brothers failed, it was clear that the rules had suddenly changed. Here are some recollections of that day in September, 2008.

Stock Market Keeps September Rally Going

Stocks closed higher Friday for the seventh time in the last eight sessions, helped by a stronger-than-expected reading on wholesale inventories and sales. Volume was especially light at the end of the holiday shortened trading week but September's mini-rally continued nonetheless.

It's Too Early for Investors to Start Celebrating

After suffering its worst August in nearly a decade, the blue-chip Dow found a welcome way to put summer behind it. But don't be disappointed if last week's market euphoria fails to carry over the long holiday weekend into this week's trading and beyond.

Another Suspect in the Flash Crash: 'Quote Stuffing'

Quote stuffing is just another way high-speed traders make a few cents by exploiting small price differences between the exchange where a trader buys and the one where he sells using huge orders that are immediately canceled. Such a ploy gone awry could be the culprit.

Why the Markets Won't Be Going Anywhere Fast

The months-long pattern of sleepy, range-bound trading is likely here to stay -- at least until the midterm elections, says Jason Weisberg, a trader and senior vice president with Seaport Securities Corp.

August Could Be a Slack Month for Stocks

Stocks were surprisingly resilient after the lousy July jobs report was released on Friday. Now, with the report behind us and earnings season just about over, what will drive the market in the week ahead?

The Sign Wall Street Really Wants to See

The third peak week of earnings season is here. But if stocks have any hope of breaking out of their range-bound rut, the market will need proof of a consistent drop in weekly jobless claims, says Kenny Polcari, managing director at interdealer broker ICAP Corporates.

At Long Last, KKR Begins Trading on the NYSE

Henry Kravis, George Roberts and Jerome Kohlberg started the firm back in 1976 and achieved fame by focusing on -- making hefty profits from -- leveraged buyouts. Today, its business is much broader, and it's making its debut as a publicly traded company.

A Strong Week for Stocks,
With Caveats

This week's rally was welcome -- the Dow, S&P 500 and Nasdaq all tacked on about 5% in the last four days. But there's not much to read into the action because so many traders are still on vacation from the July 4 holiday.