AP – BAD END TO A BAD QUARTER: The Dow Jones industrial average fell 96 points Wednesday. The Dow and the Standard & Poor’s 500 had their lowest closes for the year. The S&P 500 lost 11.9 percent during the second quarter, while the Dow lost 10 percent.
AFP – The US stock markets, chastened by less encouraging US economic indicators, face a key monthly jobs report next week that could prove negative for the first time in five months.
AP – BANKS OUTPERFORM: Bank stocks rallied after lawmakers agreed on a financial regulation bill. The bill was milder than investors feared, so they were reassured that financial companies’ profits won’t be devastated.
AP – A vintage sign that once marked an intersection near the New York Stock Exchange has sold for $116,500 at auction.
AFP – US stocks ended the week more than two percent higher amid optimism over the global economic recovery, but as Wall Street braced for a volatile week with a heavy dose of US economic data.
