Stocks wavered between small gains and losses on Thursday to close little changed as traders weighed generally strong earnings reports against the falling fortunes of energy companies.
The European Central Bank on Sunday will reveal the results of a yearlong search through the books of Europe’s 130 biggest banks, a key part of the region’s effort to recover from its debt and economic crisis.
New federal Ebola response squads — likened to public health SWAT teams — are being readied to rush to any U.S. city where a new Ebola case might be identified, officials say.
Stocks fell in late afternoon trading on Wednesday, a day after the Standard & Poor’s 500 index had its biggest gain of the year. That broad index is on track to end four days of gains after a stretch of tumultuous trading in recent weeks.
Investors flooded into the U.S. Treasury market in a way not seen since the depths of the financial crisis, causing the yield on the benchmark 10-year Treasury note to fall below 2 percent for the first time in more than a year.
The turbulence that’s roiling financial markets is punishing stock investors, raising worries for major U.S. companies and will likely produce even punier returns for savers.