Portfolio

Investors came back refreshed and eager to buy Monday, pushing stocks from most every industry higher and suggesting that perhaps -- finally -- the market has stabilized in the aftermath of the debt rating downgrade and sustained gains will become the rule rather than exception.

Sell-side analysts' refusal to admit there wrong after they've gone out on a limb -- only to find their initial opinions were incorrect -- has exposed clients and the markets as a whole to more losses for years, according to a new study.

Wells Fargo is buying up most of Citadel’s troubled investment bank operation, which the Chicago-based hedge fund recently decided to unload after concluding that’s its plan to convert the company into an investment bank was not working out.

Jefferies Group named Thomas Fetzer as the new managing director of its global industrials group where he'll be responsible for coverage of capital goods clients across German and throughout Central Europe.

Hedge funds have been holding their own amid the severe market swings of the past week, with the Dow Jones Credit Suisse Core Hedge Fund Index declining only -3.66% month-to-date through Aug. 14. By comparison, the Dow Jones Industrial Average fell -11.58% in that time, and the S&P 500 declined -13.18%.

During the first trading session after Standard & Poor's downgraded its rating of U.S. debt from AAA to AA+, investors got out of stocks and parked their money in ... U.S. Treasury bonds.

It is ironic that Standard & Poor's, one of the three major credit rating agencies at the heart of the financial crisis, would downgrade the United States' credit rating from triple-A to AA+. After all, S&P should have properly assessed the asset-backed housing securities that led to the Great Recession not as investment-grade but what they actually were. Junk.

As the financial markets hit investors with gale-force gyrations last week, most advisers are telling their clients to drop anchor.

It is ironic that Standard & Poor’s, one of the three major credit rating agencies at the heart of the financial crisis, would downgrade the United States’ credit rating from triple-A to AA+. After all, S&P should have properly assessed the asset-backed housing securities that led to the Great Recession not as investment-grade but what they actually were. Junk.

As trading opens on another nervous week on Wall Street, mainstream investors are casting their votes on prospects by racing out of mutual funds that invest in stocks long-term.