The Standard & Poor’s 500 Index fell, after trimming steeper declines, as speculation European leaders will announce new steps to tame the debt crisis tempered concern the economic recovery is slowing.
Fabrice Tourre, the Goldman Sachs Group Inc. executive director who predicted in 2007 he would be “standing in the middle” as subprime securities collapsed, will be the center of attention on Wall Street today.
U.S. stocks swung between gains and losses as the Standard & Poor’s 500 Index headed for its third straight weekly gain amid improving corporate earnings, which helped offset uncertainty about global currency markets.
U.S. stocks fell, with the Standard & Poor’s 500 Index extending declines in the final hour of trading, amid data showed manufacturing unexpectedly climbed last month and reports on holiday retail sales.
U.S. stocks fell, with the Standard & Poor’s 500 Index’s halting two days of gains, after Secretary of State John Kerry said the president will hold Syria’s government accountable for using chemical weapons.