Another roller coaster saw stocks rally from a steep sell-off after midday only to fade into the close.
The Dow lost 337.94. The Nasdaq Composite closed lower by 79.85. And the S&P 500 ended the day off 38.00.
Here are 7 Stocks You Need to Know for Monday.
In a memo to employees, Citigroup ( C | Quote | Chart | News | PowerRating) CEO said that the company's revenues are "strong and stable."
Sun Microsystems ( JAVA | Quote | Chart | News | PowerRating) announced on Friday that it was cutting up to 6,000 jobs.
Reporting a quarterly loss of more than $25 billion, mortgage finance giant Freddie Mac ( FRE | Quote | Chart | News | PowerRating) petitioned the U.S. Treasury for more than $13 billion in emergency funding.
Belgian brewer InBev won U.S. antitrust approval for its proposed acquisition of Anheuser-Busch ( BUD | Quote | Chart | News | PowerRating). Shares of BUD have gained more than 20% since making an oversold low in late October.
After a dramatic intraday reversal on Thursday, Dell ( DELL | Quote | Chart | News | PowerRating) was one of the best performers in the S&P 500 on Friday, rallying by more than 6% intraday.
More retail earnings on deck for Monday. Target ( TGT | Quote | Chart | News | PowerRating) reports before the bell, with analysts expecting earnings per share of 0.49. Also reporting before the market opens on Monday is Lowe's ( LOW | Quote | Chart | News | PowerRating). Lowe's is expected to announce EPS of 0.28.
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