U.S. stocks rebounded Thursday, snapping a three-day losing streak for the Dow Jones industrial average and the Standard & Poor’s 500 index.Encouraging data on the U.S. job market and inflation helped lift the market, pushing the S&P 500 to a record high. The Dow came within 36 points of its own record. The indexes are up for the month and […]
Comedy movies and risky stock trading – linked?Attention stock-market followers – have you considered whether weekend comedy-movie attendance, and investment in risky stock-market assets on the following Monday might be linked? This question has been the subject of an in-depth investigation by Gabriele M. Lepori, (formerly) Assistant Professor of Finance at Copenhagen Business School, Denmark (now at Keele Management School, […]
NEW YORK (Reuters) – Wall Street shares fell on Monday, dragged lower by biotech and healthcare stocks, while European shares and the euro advanced on optimism over talks between Greece and its lenders after Greece reshuffled its negotiating team.The Nasdaq Biotech Index .NBI and the S&P Healthcare index .SPXHC posted their biggest daily percentage losses in about a month, after […]
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The Nasdaq is back at all-time highs. After closing at 5,048 back in March 2000, the Nasdaq took more than 15 years to close above that level, closing at 5,056 on Thursday to make a new record closing high. During the day on Thursday, the S&P 500 also breached an intraday record high. And while it’s been a long road for […]
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The Nasdaq is back at all-time highs. After closing at 5,048 back in March 2000, the Nasdaq took more than 15 years to close above that level, closing at 5,056 on Thursday to make a new record closing high. During the day on Thursday, the S&P 500 also breached an intraday record high. And while it’s been a long road for […]
NEW YORK (AP) — Netflix soared, big corporations turned in quarterly results, and investors welcomed new companies into the market. There was plenty of news, but major indexes finished the day just short of where they started.Stocks drifted lower at the start of trading, followed oil prices higher in the early afternoon, then flipped back to slight losses in the […]
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Benchmarks posted solid gains on Monday after weak jobs report raised hopes of a delay in interest rate hike. Friday’s nonfarm payroll data showed job additions slumped to a 15-month low in March. Meanwhile, U.S. service sector growth rate also touched a three-month low last month.For a look at the issues currently facing the markets, make sure to read today’s […]
NEW YORK — Expectations that the Federal Reserve will be slow to raise interest rates, spurred by a weak jobs report last week, helped send the stock market up Monday. A jump in the price of crude oil set off a rally in energy stocks.The stock market was closed Friday, the day the Labor Department reported that employers added just […]
Wall Street on Friday closed higher for the first time in a week, lifted by rising tech stocks, while oil prices slumped 5 percent on receding fears about Middle East fighting disrupting supplies.U.S. Treasury debt prices jumped on government data indicating U.S. economic growth was slowing and the dollar was down, while gold had its first losing day after a […]
