Wall Street Roundup: Disappointing returns. Suspicious trading.
Promising signs. The newest housing and unemployment data were hopeful enough to make investors forget about the troubles in Greece and send stocks up Thursday morning.
Disappointing returns. A trio of hedge fund magnates who made billions betting against the sub-prime mortgage market are having a much harder time finding good investments today.
Suspicious trading. Sen. Charles Grassley (R-Iowa) revealed that there have been many more tips than had been previously disclosed about suspicious trading at SAC Capital, one of the most successful and controversial hedge funds.
-- Nathaniel Popper
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