Not a good Friday on Wall Street, but then what else is new? The Dow is down 100 points, and the Nasdaq off 31 points, to 1,585 after a lousy jobs number (but not as lousy as many thought) and a seller’s run on Apple, Cisco Systems, and on semiconductor stocks. The Nasdaq Composite Index... (Read More)

It was the fourth-worst trading day in Wall Street history, with the Dow off 679 points (about 8% of the index's total value) and the Nasdaq falling almost 9%, to 1,398 for the session. There's a lot to point at here, but the main culprit seems to be the fact that a leading economic group has... (Read More)

Is it 2010 yet? Few people want to wish their lives away, but Wall Street might gladly trade a year of its life for a time machine that would take the market straight to 2010, when hopefully this mess will be behind us. Today's Barron's lays out the numbers and it's a grim story, with Nasdaq as... (Read More)

At mid-afternoon trading today the Dow was up 339 points and the NASDAQ is up 47 points. I’m a bit surprised because most of the economic news coming out today was negative. Housing prices are down, foreclosures are up, consumer confidence is at its lowest point in 35 years, and the White House... (Read More)

The stock market is in apparent free fall again this morning, with the Dow Jones Industrial Average down 387 points and the Nasdaq is off 56 points. Global markets are particularly hard hit, with Japan's stock index down 10% - at lows we haven't seen since 2003. Weirdly, gold and oil are also down... (Read More)

Thursday saw another horror show on Wall Street, with the Dow tanking 200 points over the weaker-than-anticipated GDP number and the shaky job market (the U.S. unemployment rate rose to 5.7% today). Still, tech stocks seemed to navigate the tumult of bad news in surprisingly robust fashion. We... (Read More)