Stocks Fall Sharply as Inflation Fears Grow
As Wall Street worried that the Fed may continue to raise interest rates, the Dow Jones dropped 1.6 percent today.
May 31, 2006
McDonald's Stock Trading at 4-Year High
McDonald's Corp. shares rose Monday to their highest point in four years after receiving an upgrade from Wall Street one day ahead of what investors hope will be a strong February same-store sales report from the fast-food behemoth.
NYSE Dissidents Grill Goldman Sachs
Dissident seat owners of the New York Stock Exchange said Monday that Goldman Sachs Group Inc., by advising both sides of the NYSE's planned $6 billion acquisition of Archipelago Holdings Inc., cheated the owners out of a better deal.
Nasdaq 2nd-Quarter Profit Nearly Triples
Electronic stock trading marketplace Nasdaq Stock Market Inc. said Thursday that second-quarter earnings nearly tripled despite an 11 percent decline in average daily share volume, and the company raised guidance for the full year.
