Midday Dip News Today

Im kayla tausche with cnbc market wrap. stocks staging a serious comeback after a midday dip. dow jones industrial finishing 80 points higher. s&p 500 adding 13. the nasdaq climbing 22. investors now looking ahead with even more anticipation than usual to tomorrows government jobs report for may. thats because fed chairman ben bernanke indicated the central bank could start tapering off its bond buying program if the jobs market continues to improve. thats it from cnbc, first in business world...

It was banks that led the way lower, and it was on the word that the federal reserve had failed to convince regulators in switzerland to relax capital requirements for the next rounds of reform. anyway, retailers struggled on word that huge black friday discounts and demand are resulting in a surprisingly large slump in pre-holiday sales. but if youre an investor in wynn dixey supermarkets, congrats. that stock soared 70% after buy low agreed to buy it for $760 million in cash. airline stocks sl...

Midday dip with banks leading the way. the dow grinding out a three-point gain. the nasdaq adding 18. a big day for citigroup, shares jumping 6% after a vote of confidence on cnbc. investors interested in reports the bank is considering selling real estate unit. american eagle shares climbing 6% on a better than expected quarterly report. profits up 81% from a year ago. oil prices hit an eight-week high at $81 a barrel. another surprise drop. this time in wholesale inventories. after january sal...