Advertisement

Wall Street Roundup: Following Europe. Rookie advantage.

Share

This article was originally on a blog post platform and may be missing photos, graphics or links. See About archive blog posts.


Gold: Trading now at $1,909 an ounce, up 1.7% from Friday. Dow Jones industrial average: Trading now at 10953.80, down 2.6% from Friday.

Europa, Europa. After watching European markets plunge during Labor Day, American traders came to work Tuesday and started selling.

Advertisement

Taking private equity public. Carlyle Group, the powerful private equity manager, took the long-awaited step of filing for an initial public offering on Tuesday morning.

Rookie advantage. There are some indications that young, fledgling hedge fund managers actually do better than veterans.

Ten years of recovery. The Wall Street Journal looks at how successfully its namesake street bounced back from the September 11 terrorist attacks, including one boutique firm that was in the twin towers.

-- Nathaniel Popper

twitter.com/nathanielpopper

Getty Images/Stan Honda

Advertisement