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FILE – In this July 24, 2014 file photo, Facebook staff members attend the opening ceremony of their new office in Hong Kong. The world’s biggest online social network knocked Wal-Mart, the world’s largest retailer, out of the top 10 list of the highest-valued companies in the Standard & Poor’s 500 index on Monday, […]
For June 23, 2015, here’s what the stock market did today, including closing numbers for the Dow Jones Industrial Average, S&P 500, Nasdaq, the top stock market news, and stocks to watch…Stock Market’s Final Numbers Dow Jones: 18,144.07; +24.29; +0.13%S&P 500: 2,124.20; +1.35; +0.06%Nasdaq: 5,160.10; +6.12; +0.12% The DJIA today added 24 points. The markets reversed early losses after Federal Reserve Governor Jerome Powell […]
NEW YORK (AP) — Facebook is now bigger than Wal-Mart, at least when it comes to its value on the stock market.The world’s biggest online social network knocked the world’s largest retailer out of the top 10 list of the highest-valued companies in the Standard & Poor’s 500 index on Monday and the gap widened on Tuesday.While the switch is […]
We just received one of the biggest stock market crash indicators we’ve seen since the 2008 financial crisis.A Bank of America Merrill Lynch note today shows the bank’s clients sold more than $4.1 billion in U.S. stocks last week. That’s the largest amount in any week since January 2008, according to analyst Jill Carey Hall.And as this chart shows, most […]
China’s stocks look to be falling back down to reality.After an epic rally that saw the Shanghai Composite index climb more than 40% this year and the tech-heavy Shenzhen Composite rise a world-leading 90%, a correction — or maybe worse — looks to be in the works.Last week both indices lost more than 10%, falling solidly into correction territory. But […]
FacebookIn this June 11, 2014, photo, a man walks past a Facebook sign in an office on the Facebook campus in Menlo Park, Calif. In a report released Tuesday, Aug. 26, 2014, the Pew Research Center found that most people who regularly use social media sites are actually less likely to share their opinions, even offline. (AP Photo/Jeff Chiu, File) […]
Avalanche Biotech (NASDAQ:AAVL)Shares of Avalanche Biotech fell as much as 40% in after-hours trading on June 15, 2015 after the company announced results from its phase 2 wet-age related macular degeneration — wet-AMD — trial. The drop is huge but many investors should be assured that the drop was justified because the results were mediocre at best. In addition if […]
Fission Stories #191News such as last year’s closure of four nuclear power reactors, this year’s closure of another reactor, and Exelon’s claim that many of its reactors cannot break even absent even greater subsidies suggests that now might not be the best time to invest in nuclear technology. But it doesn’t mean that nuclear technology need not be considered when […]
Stocks Peak in 2000The chart below shows the 2000 peaking process in the NASDAQ. The index made a lower high, a lower low, and then dropped below the 50-day moving average shown in blue.Stocks Peak In 2007The chart below shows the 2007 peaking process in the NASDAQ. The index made a lower high, a lower low, and then dropped below […]
Hopes of Greece and its creditors reaching a deal later this week helped benchmarks end higher on Monday. Greece has submitted new fiscal proposals to avert a default. Separately, the Nasdaq closed at an all-time high lifted by gains in biotech stocks.For a look at the issues currently facing the markets, make sure to read today’s Ahead of Wall Street […]
