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281. S&P turns positive for '09 on bank hopes, data
U.S. stocks rallied on Monday, driving the S&P 500 into positive territory for the year as investors bet banks' capital shortfalls may be manageable and housing data fueled hopes the recession is easing.
05 May 2009
282. S&P 500 turns positive for 2009 on bank hopes, data
U.S. stocks rallied on Monday, driving the S&P 500 into positive territory for the year as investors bet banks' capital shortfalls may be manageable and housing data fueled hopes the recession is easing.
05 May 2009
283. Bank hopes and data lift market as S&P 500 tops 900
Stocks rose on Monday, pushing the benchmark S&P 500 above 900 for the first time since early January, on bets that banks won't have to raise as much capital as previously thought, and housing data fueled hopes that the recession is ebbing.
05 May 2009
284. JPMorgan CEO sees more bank consolidation ahead
JPMorgan Chase & Co <JPM.N> may be called on by regulators for more acquisitions, as the U.S. banking sector is likely to see further consolidation, Chief Executive Jamie Dimon said on a webcast call on Monday.
05 May 2009
285. Wall Street advances on bank hopes, housing data
Stocks rose on Monday as investors bet that the government's stress tests won't force banks to raise as much capital as originally thought and housing data fueled hopes that the economic slump is abating.
04 May 2009
286. U.S. banks make final plea as stress tests conclude
The United States' largest banks made their case to regulators on Monday that they have the financial firepower to withstand a deeper recession, as Bank of America denied a report it was trying to raise $10 billion.
04 May 2009
287. Bank stocks leap on stress test optimism
U.S. bank shares rose on Monday after analysts said government stress tests of financial institutions would show most would need less new capital than previously feared.
04 May 2009
288. Wall Street gains on bank, economic optimism
Stocks rose on Monday as investors bet the government's stress tests on the financial sector won't force banks to raise as much capital as originally thought, driving the market higher.
04 May 2009
289. Wall Street higher as banks lift shares
Stocks rose on Monday as investors hoped stress tests on the biggest banks will provide a clearer picture of the extent of the problems facing the financial sector and whether the banks will be able to raise any capital they may need.
04 May 2009
290. Stock futures up on hopes banks able to raise capital
Stock futures pointed to a higher open on Monday as investors were hopeful banks will be able to raise any capital they may need as a result of findings in the government stress tests.
04 May 2009
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