Bullish Blog

AP - Better-than-expected U.S. economic indicators helped European stocks trim losses and pushed Wall Street higher, easing tensions among investors worried about a downturn in the global manufacturing sector.

AP - A stock trader nicknamed the Octopussy because he had his hands on so much inside information has told a New York judge before his sentencing that he’s a changed man.

AP - It was a quiet end to a wild month for financial markets.

AP - QUIET END: Stocks edged higher Wednesday on a report that factory orders surged in July. The Dow Jones industrial average turned higher for the year. The Dow’s four-day winning streak ended a tumultuous August that had the most 400-point swings in the history of the index.

Reuters - Sino-Forest is facing accusations in a proposed class-action suit that go beyond fraud allegations that have triggered investigations, its CEO’s resignation and its removal from Toronto’s main stock index.

AP - A look at economic developments and activity in major stock markets around the world Wednesday:

Reuters - One out of every 10 companies in the S&P 500 index — including stalwarts like Apple and JPMorgan Chase — is now cheaper than during the 2008-2009 market meltdown.

AP - It was a quiet end to a wild month for financial markets.

Reuters - Stocks closed out the worst month in more than a year on an up note on Wednesday, with sharp gains in the last several days still not enough to repair the damage from a U.S. credit downgrade and fears of a slide back into recession.

Reuters - World stocks rose for the fourth session in a row on Wednesday on hopes the U.S. Federal Reserve will ride to the economy’s rescue with another stimulus package, though global shares were still set to post their biggest monthly drop in 15 months.