Stocks jump as Street cheers Greece, China; Apple rebounds 2.5%
U.S. stocks surged as a second day of recovery in Chinese stocks and hopes of a resolution in Greece boosted investor sentiment.
MONEY (MSM)
GM recalling nearly 780K SUVs to fix power lift gate problem
General Motors is recalling nearly 780,000 crossover SUVs mainly in North America because the rear power lift gates can suddenly fall and hit people. The company said Friday that it has 56 reports of injuries …
US wholesale stockpiles post biggest gain in 6 months in May
U.S. wholesalers boosted their stockpiles in May by the largest amount in six months, while sales rose by a modest amount. Wholesale stockpiles rose 0.8 percent, double the gain in April and the largest …
US wholesale stockpiles post biggest gain in 6 months in May
U.S. wholesalers boosted their stockpiles in May by the largest amount in six months, while sales rose by a modest amount. Wholesale stockpiles rose 0.8 percent, double the gain in April and the largest …
GM recalling nearly 780K SUVs to fix power lift gate problem
General Motors is recalling nearly 780,000 crossover SUVs mainly in North America because the rear power lift gates can suddenly fall and hit people. The company said Friday that it has 56 reports of injuries …
GM recalling nearly 780K SUVs to fix power lift gate problem
General Motors is recalling nearly 780,000 crossover SUVs mainly in North America because the rear power lift gates can suddenly fall and hit people. The company said Friday that it has 56 reports of injuries …
China's rich seek shelter from stock market storm in foreign property
SYDNEY/LONDON (Reuters) – Realtors in Australia, Britain and Canada are bracing for a surge of new interest in their already hot property markets, with early signs that wealthy Chinese investors are seeking a safe haven from the turmoil in Shanghai’s equity markets. Sydney realtor Michael Pallier said in the past week alone he has sold two new apartments and shown a A$13.8 million (6.65 million pounds) house in the harbourside
Short sales at highest level since the financial crisis
Unfazed by three years of money-losing bets against stocks, short sellers increased their bearish wagers in June to the highest level since the financial crisis, according to data compiled by the New York Stock Exchange.
Will Chinese buyers flee or flood US housing?
Will trouble in the Chinese stock market translate into more or less cash coming into American neighborhoods?
US stocks rebound after big loss; European, China markets up
NEW YORK (AP) — U.S. stocks are moving higher in midday trading, bouncing back from a loss the day before, as investors anticipate that last-ditch talks would produce an agreement between Greece and its creditors.