Investors Take a Pass on Goldman
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Its hedge fund business continues to stumble.
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Wall Street fell Monday as investors, showing their cautious side after the market's best week in four years, cashed in profits while they debated their next move.
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Stocks fell moderately today as Wall Street traded nervously and lightly ahead of a decision Tuesday by the Federal Reserve on interest rates.
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Investors were reminded of the uncertainty plaguing Wall Street.
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Goldman Sachs Group Inc. on Tuesday   said third-quarter profit fell less than expected as strong   investment banking results offset a summer slump in trading,   sending its shares higher.
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Yet investors are growing increasingly worried that Goldman Sachs will fail to match its 2007 performance next year.
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NEW YORK - Investors adopted a wait-and-see attitude on the economy, despite Federal Reserve Chairman Alan Greenspan's improved assessment, and bid stocks modestly lower Wednesday as Wall Street waits for better economic and earnings news.    While Greenspan said the economy has "regained some traction" after the summer's slowdown, investors looked past his congressional testimony, focusing instead on uncertainty about the health of the economy, third-quarter earnings pre-announcements and fiscal policy...
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Stock investors will take a break from   parsing Fed chatter and predicting interest-rate moves this   week, turning instead to the nitty gritty of earnings.
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Investors still appeared skittish ahead of the Federal Reserveâs interest rate decision.
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Investors were cautious after a series of negative reports from companies that are considered barometers for the economy.
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Stocks fell on Thursday in the latest leg of a global equities sell-off as investors' diminishing appetite for risk drove them toward safer assets like bonds.
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Wall Street looked set to take another beating Wednesday, as investors reacted to disappointing outlooks from Apple and Motorola and remained haunted by recession fears.
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Goldman Sachs Group Inc.  barely managed to show a rise in quarterly profit as a sharp drop in fixed income trading revenue offset record investment banking fees and strong equities income.
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Wall Street retreated Monday as investors nervously awaited fresh economic data to be published later this week.
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U.S. stocks slipped on Thursday in the latest leg of a global equities sell-off as investors' diminishing appetite for risk drove them to safer assets like bonds.
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U.S. shares slipped on Thursday as investors showed some caution about Friday's jobs report and the economy's prospects and seized the opportunity to take profits.
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U.S. stocks closed lower on Monday as growing concerns about the subprime mortgage market dragged down shares of Bear Stearns Cos.  and Goldman Sachs Group .