What a difference a year makes. I last wrote those words on Oct. 8, 2008, one year after the U.S. stock market peaked. This time, the occasion is happier.

LONDON (MarketWatch) — Capital One Financial was cut to neutral from buy at Goldman Sachs as the broker said it’s becoming more cautious because loan shrinkage is continuing, a new Fed late fee directive could reduce subprime revenue by 5% to 10% and February delinquencies may tick up. Discover Financial Services was kept [...]

U.S. stock futures extended gains Friday after a report showing a 36,000 drop in nonfarm payrolls during February.