6 results for ""Steve Rothwell""
A summer swoon for the stock market appears to be over for now.
The stock market isn't the only place that's been signaling jitters among investors. The $2.3 trillion market for risky U.S. corporate debt has also been under pressure.
U.S. stocks stabilized on Wednesday after earnings from a major beer brewer helped the market stem its recent declines.
NEW YORK The Dow Jones industrial average closed at an all-time high Wednesday as the good narrowly outweighed the bad for the stock market.
JPMorgan Chase, the biggest U.S. bank by assets, said Friday its first-quarter earnings fell 20 percent, driven by a decline in investment banking and mortgage lending.
The price of gold touched $1,420 an ounce last week, a three-and-a-half month high, as escalating tensions in the Middle East, volatile currency markets and renewed demand for jewelry in China and India drove prices up.