JP Morgan Chase

Financials Spur Rally for Stocks

The financial sector led a furious stock-market rally Thursday, with banks and brokerages snapping back from a deep selloff a day earlier, while commodities prices continued a rapid retreat from record levels.

Vested Interest: 
The market
Stock Symbol: ^DJI DOW JONES INDUSTR Stock Price: $12745.88 Todays Change: -120.90 (-0.94%)

Bear Stearns Deal Not Going The Way The Fed Hoped For

Why Bear Stearns shares rising up is a bigger problem than it looks. Also, Bear Stearns head honcho Alan Schwartz has an overflowing cup of woes. Forbes - SEC planning investigation and potential inquiries. Reuters - Bear Stearns Cos Inc Chairman James Cayne and top shareholder Joe Lewis are quietly searching for another bidder.

Vested Interest: 
No vested interest
Stock Symbol: BSC BEAR STEARNS COS Stock Price: $10.23 Todays Change: +0.07 (+0.69%)