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New York Mercantile Exchange › (NYMEX:ON.K12.2700P)

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Trader's Blog

Stocks edge lower as investors reassess Fed fears 2 hours, 7 minutes ago
This is what I said on CNBC Asia before the crash 9 hours ago
Market sell-off goes on 9 hours ago
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Today's News

ECB official: New bank authority 'indispensable'

1 hour, 34 minutes ago

European Central Bank President Mario Draghi said it was "imperative" that Europe's leaders create a new agency with powers to restructure busted banks in order to help the region leave its economic and financial crisis behind it once and for all. The agency, dubbed the single resolution mechanism, would be able to force banks creditors and shareholders to take losses first when a bank goes under _ instead of getting the money from taxpayers. European leaders have made a start on strengthening their banking system by agreeing to put the ECB in charge of supervising banks. But they have not yet agreed on how to proceed with the resolution mechanism.

AP Top Extended Financial Headlines At 5:32 p.m. EDT

1 hour, 32 minutes ago

Stocks edge lower; Dow recoups a big early loss as investors reassess Fed stimulus fears ECB's Draghi: Europe's banking reform must include agency to wind down busted banks

AP Top Financial News At 5:32 p.m. EDT

1 hour, 34 minutes ago

Stocks edge lower as investors reassess Fed fears Why worry? Less aid by Fed would point to recovery ECB's Draghi: 'Imperative' to set up new bank body

AP Top Extended Financial Headlines At 5:31 p.m. EDT

1 hour, 34 minutes ago

Stocks recover from an early swoon as investors reassess fears that Fed will slow stimulus Sears reports bigger-than-expected loss for 1st quarter Gap's 1st-quarter net income rises 43 percent on strong sales as turnaround continues

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