BRIC Countries

In new yet-to-be released commentary on Wall Street Week, Kyle Bass of Hayman Capital sheds light on his view into the deteriorating emerging market situation. Bass said he thinks emerging markets are "probably in the mid-fifth inning...maybe entering the sixth" of their current selloff...

In a moment of financial market irony, it appears that a major investment bank is turning its back on BRIC-based investments just as many investors are bidding the region higher. Earlier this week, Goldman Sachs’ asset-management unit folded its money-losing BRIC fund, which invests in...

U.S. stocks recovered and posted strong gains as concerns over a military conflict involving Russia and Ukraine dissipated overnight. The Dow posted a triple digit point gain, recording its best day of the year. The S&P 500 surged to new all time highs of 1,876.23 while the Nasdaq hit new...