Late rally erases steep losses on Wall Street

NEW YORK — A big final-hour comeback pulled the Dow Jones industrial average nearly back to where it started Wednesday.

NEW YORK — A big final-hour comeback pulled the Dow Jones industrial average nearly back to where it started Wednesday.

JPMorgan’s surprise $2 billion trading loss prompted a sell-off in financial stocks Friday, with smaller declines across the broader market as investors decided this was more of a problem for investment banks than for other industries.
NEW YORK — The Nasdaq composite index shot 2 percent higher Wednesday, powered by a surge in Apple. The iPhone maker’s stock climbed $50 after the company once again blew past Wall Street’s profit forecasts.

NEW YORK — Investors sent U.S. stocks barreling to their highest levels of the year Thursday, buoyed by slivers of encouraging news about jobs and housing. At least for a day, they overlooked the lack of clarity about Greece’s marathon negotiation for a bailout.
NEW YORK — Facebook founder Mark Zuckerberg turns up at business conventions in a hoodie. “Cocky” is the word used to describe him most often, after “billionaire.” He was Time’s person of the year at 26.
SEATTLE (AP) — President Barack Obama took his newly combative message to the liberal West Coast on Sunday, aiming to re-energize faithful Democratic voters who have grown increasingly disenchanted with him.
The world is full of great rivalries. There’s the Yankees and the Red Sox, Ohio State and Michigan, Microsoft vs. Apple, Rome vs. Carthage or the Hatfields and the McCoys. When it comes to the legal world, however, one doesn’t typically think of great rivalries. Yet in the field of constitutional law lies a great rivalry that has the potential to have a major impact on the lives of all Americans.