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Friday is the big day.
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Friday is the big day.
The debt crisis in Greece is sending the stock market on a roller coaster. So, how will it affect our economy?
Wall Street is wrapping up a shaky week of investing and Michael Gardner of Wedbush visited the KCAL 9 studios to give viewers financial advice.
Dr.Larry Harris, Fred V. Keenan Chair in Finance at the USC Marshall School of Business, visited the KCAL 9 studios Thursday to talk about the recent decline in the stock market.
Local investors are especially busy this week as they brace for continued economic uncertainty.
Residents across Los Angeles are rattled by the staggering stock market plunge. The stock market buckled Monday under the weight of a crisis in Europe and danger of recession at home. Reeling from a downgrade of American debt, the Dow Jones industrials plunged 634 points.
Banks and airlines are nudging stocks lower Monday, while economic worries continue to weigh on markets.
New hopes that a deal would be reached for Greece to avoid defaulting on its debts sent stocks higher Tuesday. The market gave up some of its gains following a surprise drop in U.S. consumer confidence.
The biggest corporate hiring spree in five years is reversing a weeklong slide in the stock market.
Stocks lost some of their early gains and turned mixed Monday despite the death of Osama bin Laden, several strong earnings reports and a major drug industry acquisition.
Mixed corporate earnings reports sent stock indexes wobbling Monday.
Johnson & Johnson led the Dow Jones industrial average higher on Tuesday. The health-care heavyweight rose 3 percent after reporting earnings that beat Wall Street's expectations. The company also raised its full-year earnings forecast.
A warning from Standard & Poor's that the agency might lower its rating on U.S. government debt sent stocks on their steepest slide in a month Monday.
Stocks are edging higher in midday trading at the start of the last full week before the next round of corporate earnings reports begin.
Stocks plunged Tuesday and bond prices rose as the nuclear crisis in Japan intensified following a deadly earthquake and tsunami. The Dow Jones industrial average fell more than 150 points.
Mounting concerns over the impact of the massive earthquake in Japan are pushing stocks lower in midday trading. The earthquake and tsunami along Japan's northeast coast killed thousands and has raised fears of a slowdown in the world's third-largest economy.
