July 10 (Bloomberg) -- European stocks fell, led by financial firms and retailers, on concern more writedowns and the economic slowdown will hurt profits. Most Asian shares declined, while U.S. index futures gained.

Shares of Fannie Mae and Freddie Mac soared Monday after Freddie completed a $2 billion debt sale and a Wall Street analyst said a government bailout of the mortgage finance giants may not be inevitable.

In Irrational Exuberance, published in 2000, Yale economics professor Robert Shiller defines a speculative bubble as "a situation in which temporarily high prices are sustained largely by investors' enthusiasm rather than by consistent estimation of rea

Wall Street seesawed but still extended its devastating decline Friday as investors, seeing no resolution to the credit crisis, propelled the Dow Jones industrials to their eighth straight day of losses and worst week ever. Stocks gyrated in the opening m

NEW YORK, May 6 - U.S. stocks rose on Tuesday as Fannie Mae's reassuring comments about the credit and housing markets buoyed financial shares, while record crude oil prices lifted shares of energy companies.