Stocks News
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U.S. stocks advanced, driving the Standard & Poor’s 500 Index toward the biggest increase in almost a month, after China signaled it would support the economy and German and French officials met before a summit.
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Facebook Inc., the social networking site that raised $16 billion in an initial public offering, fell below its $38 offer price in its second trading day.
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With only six months before the election, the stock market is giving President Barack Obama the worst returns since Ronald Reagan was seeking a second term.
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Nasdaq OMX Group Inc., under scrutiny after shares of Facebook Inc. were plagued by delays and mishandled orders on its first day of trading, blamed “poor design” in the software it uses for driving auctions in initial public offerings.
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