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Latest stock market news from Wall Street - CNNMoney.com
From CNN and Money magazine, CNNMoney.com combines business news and in-depth market analysis with practical advice and answers to personal finance questions.

Wall Street braces for reports U.S. stocks were set to open higher Tuesday ahead of new reports on services, home sales and manufacturing. Stocks finish lower Stocks fell Monday, retreating after last week's big rally, as investors digested President-elect Barack Obama's stimulus plan, monthly auto sales and surging oil prices. Congress looks for answers in Madoff scandal Lawmakers took a hard look at the alleged $50 billion investment scam engineered by Bernard Madoff Monday, and one key Congressman vowed to take action to shake up the regulation of the nation's financial system. Gold sinks to 2-week low The price of gold fell to a two-week low Monday as the U.S. dollar rallied on new details about President-elect Barack Obama's fiscal stimulus plan. Tax cuts: Pillows for a hard landing So it looks like about 40% of President-elect Barack Obama's stimulus plan will come in the form of tax cuts. Long-term Treasurys tumble Long-term government debt prices tumbled for the second session in a row Monday as investors shifted into riskier bonds and as President-elect Barack Obama pitched his stimulus package to both houses of Congress. Dollar soars against euro The dollar rose sharply against major currencies Monday ahead of anticipated interest rate cuts by the European Central Bank. Oil up 38% since Christmas Oil prices soared again Monday - moving closer to the $50 mark - as the movement of Israeli forces into the Gaza Strip this weekend added to worries about Middle East supply disruption. World markets rally Read full story for latest details. Wall Street: Bracing for bad news After a strong start to the new year in very light trading, Wall Street gets serious.

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