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NEW YORK (Money) — Question: I’m very worried that we may see another stock market correction. Since the market low of early March, my 401(k)’s value has risen 77%, which seems like an awfully large jump. So last week I moved the majority of my investments into bond and money-market funds, although I did leave 50% of my international holdings intact. Do you think I jumped too soon? –Rick G., Corona, Calif.

Answer: I don’t think the question is whether you jumped too soon, but whether you should be jumping at all.

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NEW YORK (CNNMoney) — Last week’s big selloff did more than just rattle investors: it put an end to a seven-month win streak that had pushed the S&P 500 more than 60% above the March lows.

While the monthly decline was small — less than 2% — it emerged after a tumultuous week dictated by a stronger dollar, sliding energy and financial issues, and a variety of quarterly financial reports. A stronger-than-expected rise in third-quarter GDP growth — the strongest sign yet that the recession is over — provoked a one-day rally and nothing more.

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NEW YORK (CNNMoney.com) — Microsoft Corp.’s stock soared early Friday after the software giant reported quarterly sales and profit that fell from year-ago results but easily beat Wall Street’s forecasts.

Shares of Microsoft (MSFT, Fortune 500) rose more than 10% in early trading. It surged as high as $29.35 at the open, hitting its highest level, on an intraday basis, since June 13, 2008.

The Redmond, Wash.-based software giant said its first-quarter net income fell 18% to $3.6 billion, or 40 cents per share, for the period ended Sept. 30. Analysts polled by Thomson Reuters were expecting earnings of 32 cents per share.

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NEW YORK (CNNMoney.com) — AIG Chief Executive Robert Benmosche’s $10.5 million annual pay package has been formally approved by Obama administration pay czar Kenneth Feinberg.

According to a letter to Treasury’s compensation committee dated Oct. 2, Feinberg said Benmosche’s package, $4 million of which is in stock options, is comparable to that of other CEOs.

Benmosche, who took over the bailed out insurer’s reins in August, will take home $3 million in cash. His “stock salary” will come in equally divisible, bimonthly payments of common shares. Under the terms of his pay deal, he can’t sell those shares until August 2014.

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NEW YORK (CNNMoney.com) — Sunburned and barbecued out, Wall Streeters returning to work Tuesday face the first big challenge to the six-month-old rally.

Even after a down week on Wall Street, punctuated by a mixed August jobs report, the S&P 500 remains 50% above the 12-year lows hit in March.

Stocks churned in a narrow range for most of August, ending the month higher. But with fewer people around and trading in August, the market rally didn’t really face much of a challenge. That won’t be the case in September.

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NEW YORK (CNNMoney.com) — Dow Jones & Co. is looking to sell its stock-market index business, according to The Wall Street Journal.

Dow Jones, which was purchased by News Corp. (NWS, Fortune 500) in 2007, owns a basket of stock market indexes, each of which average a group of stocks to determine market trends.

The best known of all the indexes is the Dow Jones industrial average. The group of 30 stocks, often referred to as “the Dow,” is one of the most commonly used major indicators for blue-chip stocks like Alcoa (AA, Fortune 500), Home Depot (HD, Fortune 500), Caterpillar (CAT, Fortune 500) and Microsoft (MSFT, Fortune 500) among others. But, if sold, the index could bear the name of its new owner.

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NEW YORK (CNNMoney.com) — Wall Street erased most of its losses by the close Wednesday, as investors set aside concerns about the economy to gear up for the quarterly reporting period, which got underway after the closing bell with Alcoa.

The Dow Jones industrial average (INDU) gained 15 points, or 0.2%. The S&P 500 (SPX) index lost 1 point, or 0.2%. The Nasdaq (COMP) ended just above unchanged.

Stocks slipped through most of Wednesday as investors continued to worry about the economy and the quarterly reporting period in the aftermath of a big run up. But after touching fresh multi-month lows in the afternoon, sto

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NEW YORK (CNNMoney.com) — Stocks churned Friday, at the end of a mixed week on Wall Street, that nonetheless left the Dow industrials in positive territory for the year for the first time since January.

The Dow Jones industrial average (INDU) gained 28 points, or 0.3%, ending above its 2008 close of 8,776.39.

The Dow has now risen in 12 of the last 14 weeks, rising 33% in that time, for its best 14-week stretch since March 1975, according to Dow Jones.

The S&P 500 (SPX) index added 1 point, or 0.1%, to end at a seven-month high.

The Nasdaq composite (COMP) fell almost 4 points, or 0.2%, after ending the previous session at an eight-month high.

For the week, the Dow and S&P 500 ended with modest gains, while the Nasdaq ended lower.

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NEW YORK (CNNMoney.com) — General Motors has fallen far short of the bondholder support it needed for its proposed debt-for-stock offer, according to a source familiar with the matter, virtually guaranteeing that the nation’s largest automaker will be forced to file for bankruptcy court protection within the week.

The bondholders own $27 billion in corporate notes. GM (GM, Fortune 500) needed owners of 90% of those bonds to accept stock in return for the debt in order to reduce its interest expenses to a more manageable level.

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NEW YORK (CNNMoney.com) — The gloom may lift on Wall Street, at least for a little bit, when stock markets open Tuesday after the Dow Jones industrial average fell below 7,000 for the first time since 1997.

At 4:30 a.m. ET, Nasdaq-100, Standard & Poor’s 500 and Dow futures were all higher.

The Dow plummeted nearly 300 points Monday, to finish at 6,763.29, after AIG posted the biggest quarterly loss in history and got a revision to its massive government bailout. The Nasdaq and S&P tumbled as well.

Budget:

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NEW YORK – Don’t think of the government’s new investment in Citigroup as cash. Think of it as time.

Citigroup will save $2 billion a year now that it doesn’t have to pay the government dividends. But what the move really does is give the bank a bit longer to prove itself viable — and do some ruthless restructuring, analysts say.

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WASHINGTON – The Federal Reserve is letting banks know they need to be careful when they decide to pay dividends to shareholders.

The central bank, which regulates the nation’s large bank holding companies, said in a guidance letter on Tuesday that banks need to consult with the Fed if they plan to pay any dividends that could raise “safety and soundness concerns.”