Tagged: BAC

Stocks Tumble on Fiscal Cliff Worries

Stocks plunged in trading today, with all three major indexes ending at session lows, as rising worries over the looming “fiscal cliff” weighed down investors’ sentiment. Stocks were also dragged lower by worries over...

Stocks Rally as Fed Launches QE3

Stocks surged in trading today, finishing at multi-year highs, as the Federal Reserve announced a new bond buying program to spur economic growth. The Dow Jones ended the day 1.55% higher at 13,539.86, the...

Stocks Hold on to Gains in Late Trading

Stocks are holding on to their gains in late trading after Federal Reserve Chairman Ben Bernanke reiterated before the Congress that the U.S. economy is not likely to slip back into a recession and...

Stocks End Near Session Highs

Stocks ended a volatile week on a strong note, with all three major indexes finishing sharply higher in trading today. Stocks bounced back after Thursday’s huge sell-off. The Dow Jones ended the day 0.53%...

Stocks End on a Mixed Note

Stocks ended on a mixed note on Friday even as digested some solid earnings reports and stronger than expected euro zone economic data. The Dow Jones ended the day 0.50% higher at 13,029.26, the...

Bank of America’s Q1 Profit Falls (BAC)

Bank of America Corp.’s (NYSE: BAC) profit fell sharply as declining consumer banking business and an accounting charge tied to its value of its debt weighed on its both revenues and the bottom line....

Stocks Tumble in Early Trading

Stocks are sinking in early trading today as investors digest a weaker than expected jobs report for the month of March. The March jobs report, which was released last Friday, showed that the U.S....

Stocks Rise Sharply after Bernanke Comments

Stocks have risen sharply in early trading today after the Federal Reserve Chairman Ben Bernanke suggested that the central bank would continue with its monetary policy even though the labor market is improving. The...