NEW YORK CITY (CNN)-Despite a recent string of positive economic news, Americans say they aren’t feeling the improvements.A new CNN/ORC poll released Friday showed people were pessimistic that the economy was improving. Nearly 70% said the economy is generally in poor shape, and only 32% rated it good.Two-thirds of respondents said most of the economic news they’ve heard recently was […]
Encouraging holiday season sales numbers and labor data helped the Dow and S&P 500 continue their record run on Thursday. Initial claims dropped for the week ending Dec 21 and holidays sales were reported to have improved between Nov 1 and Dec 24 period. Positive holiday sales numbers lifted the retail sector into the green and was among the major […]
Originally published December 27, 2013 at 6:21 AM | Page modified December 28, 2013 at 1:56 AM
NEW YORK — Wall Street’s six-day rally stalled out on Friday as stocks ended the day mostly flat in quiet trading.Bond yields continued to rise. The yield on the 10-year Treasury note climbed above the 3 percent mark. The yield hasn’t consistently […]
ReadWriteReflect offers a look back at major technology trends, products and companies of the past year.
Thank the U.S. National Security Agency for bringing Big Data onto the national stage. The agency’s questionable use of data mining and analysis in the name of national security raised Main Street’s awareness of Big Data like never before.
Making sense of a wellspring of unstructured […]
The flu season is upon us, and if last year is any guide, it could be a bad one. Last year was one of the worst in recent history. For companies in the business of helping people through their aches, pains, fevers, runny noses, and the rest, there is money to be made. But first you’ve got to find those people. To […]
The S&P 500 is heading for returns of between 25% and 30% for 2013. Exceptional? Not totally. LPL Financial ‘s Jeff Kleintop has compiled the historic frequency of stock returns on the S&P 500 since 1927. It turns out that 25%-30% gains range is not terribly rare: there have been five other years that saw such gains. In fact, the […]
Bespoke Investment GroupWith the stock market hitting all-time highs on a daily basis, optimism does not appear to be slowing down. All three major indices reached new milestones this year and crushed any bear that stood in the way. However, the large crowd of bulls may give some investors reason for concern.Bears appear to be in full hibernation mode. According […]
Originally published December 23, 2013 at 12:56 PM | Page modified December 23, 2013 at 8:56 PM
NEW YORK — 2013 was a great year for the average investor, but few market strategists believe that 2014 will be anywhere near as good. The simple strategy of buying U.S. stocks, selling bonds and staying out of international markets isn’t going to […]
Last year, I made several predictions about storage and big data – including one about the mad dash for software-defined storage (SDS). Well that’s certainly turned out to be true, with literally dozens of new products hitting the market this year with various attributes of software-defined storage! VMware also made some big news in this space with the launch of VSAN […]
Record year for stockmarket
LAURA WALTERS
Last updated 05:00 21/12/2013
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