Final week of August is expected to be quiet with low volume with much of investor focus on the Fed’s annual retreat in Wyoming, where Fed Chairman Bernanke and ECB president Mario Draghi are scheduled to speak. See full story.
Bernanke says scope for more Fed easing
Federal Reserve Chairman Ben Bernanke says there’s room for the central bank to take more action in responding to critical questions from a top lawmaker on Capitol Hill. See full story.
U.S. stocks end higher on central-bank hopes
U.S. stocks tallied strong gains Friday, with the Dow industrials bouncing back following a four-session slide, after Federal Reserve Chairman Ben Bernanke said the U.S. central bank has more tools, if needed, to stimulate the economy. See full story.
Stocks to watch Monday: Tiffany, SeaDrill
Among the stocks that could see active trade in Monday’s session are Tiffany, SeaDrill and Donaldson. See full story.
10 stocks from Buffett, Soros and more top players
Here’s the starting lineup for your fantasy fund-manager team: from Berkshire Hathaway, Warren Buffett; from Soros Fund Management, George Soros; from Greenlight Capital, David Einhorn; from Baupost Group, Seth Klarman, and from Pershing Square Capital Management, Bill Ackman. See full story.
All eyes have been diverted recently by the drama being played out by the Dow. Yet Mark Hulbert advises to also take a look at the Dow Jones Transportation Average, which is more than 5% off its early May highs. See full story.