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Latest stock market news from Wall Street - CNNMoney.com
From CNN and Money magazine, CNNMoney.com combines business news and in-depth market analysis with practical advice and answers to personal finance questions.
As Iran continues to grapple with the West over its nuclear ambitions, experts say the nation could double its already sizable oil output if sanctions were lifted to allow foreign investment into its oil industry.
The chief executive of Nasdaq OMX said he was "embarrassed" after technical glitches caused Facebook's widely-anticipated IPO to be delayed Friday, according to several news reports.
Facebook is finally trading. And even though the stock didn't explode out of the gate, the company is still worth more than $100 billion. It shouldn't be.
Whether you do or don't like Facebook, you may already own a piece of the social media site: over the past year, nearly 70 mutual funds have snapped up pre-IPO shares on private markets.
European markets were mixed Friday as investors remained anxious about Spanish and Greek banks, while Asian stocks sold off sharply amid worries of a further slowdown in China.
Investors fled stocks and made a rush toward the safety of U.S. Treasuries Thursday, sending 10-year yield to a record low close, as worries about Greece's future in the eurozone continued to escalate.
Treasuries sold off Tuesday in the wake of better-than-expected retail sales and manufacturing data, pushing the benchmark 10-year yield to its highest level since late May.
The quarterly celebration known as earnings season gets underway this week, and investors are eager to see how a resurgent Corporate America is coping with rising energy and commodity prices.
The dollar strengthened against the Japanese yen Thursday ahead of a conference call of G-7 finance ministers that might be the first step toward intervention by Japanese authorities in currency markets.
