Bullish Blog

AFP - World stock markets were under strain on Wednesday over a deadline for European banks to repay 442 billion euros in crisis funding and an ominous drop in confidence in global recovery prospects.

Reuters - U.S. stocks staggered to the end of a dismal second quarter on Wednesday in another low volume session as investors found little reason to take on risk after conflicting economic data.

Reuters - Asian stocks fell on Wednesday and ended the second quarter with their worst performance since the collapse of Lehman Brothers as investors got out of shares and high-yielding currencies on concerns over bank funding in Europe.

AP - World markets were mixed Wednesday, with major indexes in Asia closing lower but markets elsewhere on the upswing despite concerns the global economic recovery has lost steam.

Reuters - The U.S. Securities and Exchange Commission on Tuesday agreed to pay $755,000 to a former staff attorney who was fired while he was probing possible insider trading at a prominent hedge fund.

AP - The Securities and Exchange Commission is paying $755,000 to settle a lawsuit with a former staff lawyer who accused the agency of blocking his investigation of a prominent hedge fund.

The oil disaster in the Gulf and concerns over global warming could spur greater interest in building nuke plants. That means new options for investors to explore.

AP - A suburban Philadelphia man described by authorities as a “securities fraud recidivist” ran a $16 million Ponzi scheme through several business entities and hedge funds he controlled, federal regulators said in a complaint filed Tuesday.

AP - BIG SLIDE: Stocks plunged Tuesday after worries about a global slowdown pushed nervous traders to sell. The Dow Jones industrial average fell 268 points, while the benchmark Standard & Poor’s 500 index dropped 3.1 percent to its lowest close since October.

AP - Stocks and interest rates plunged Tuesday after signs of slowing economies from China to the U.S. spooked traders who were already uneasy about a global recovery.