Submitted by Michael Snyder of The Economic Collapse blog,It is time to crank up the Looney Tunes theme song because Wall Street has officially entered crazytown territory. Stocks just keep going higher and higher, and at this point what is happening in the stock market does not bear any resemblance to what is going on in the overall economy […]
Stock Market News Today, Dec. 27: U.S. stocks are yet again forging higher in this post-Christmas holiday. As of 10:30 a.m., the Dow Jones Industrial Average is up 22.5 points, or 0.14%, at 16,502.38. The Standard & Poor’s 500 Index is up just 1.89 points, or 0.10%, at 1,843.91. The Nasdaq is up 2.70, or 0.06%, at […]
Analysis of people’s perception on Nelson Mandela’s deathWho was Nelson mandela? An anti-apartheid revolutionary, an ex-south Africa president, a war prisoner, a philanthropist, or a politician?
Madiba, as he was known by his followers, served as the president for South Africa during the 1990s. He fought apartheid and will be remembered as one of the most iconic leaders in […]
The holiday-shortened trading session on Tuesday saw the Dow and S&P 500 extending their record runs propelled by encouraging economic numbers. Higher orders for manufactured goods, encouraging new home sales and a report which revealed that corporates were investing at a rapid pace in their businesses acted as gifts on Christmas Eve. Volumes were among the lowest for the year […]
For today’s special Christmas Eve Outside the Box, my good friend Ed Easterling brings us pearls of wisdom on the subject of rowing vs. sailing. “Rowing?” you ask. “Sailing?” And, you’re thinking, “I would surely prefer to be a sailor.” Well, not so fast. Let Ed explain why putting your back […]
marketsStocks close at record highs before Christmas break
Kate Gibson
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The Christmas week started on a positive note as the Dow and S&P 500 hit all-time highs buoyed by news of a key deal involving Apple and consumer sentiment reaching a five-month peak. The all-day bullish sentiment was also aided by indications from IMF that it would upgrade the U.S.’s economic outlook. The tech-laden Nasdaq also listed itself in the […]
Christine Lagarde, who said the IMF will raise its forecast for US growth . Photograph: FRANCOIS LENOIR/REUTERSGood morning, and welcome to our rolling coverage of events across the world economy, the financial markets, the eurozone and the business world.And a rather quiet morning it is too. Especially in London where workers who haven’t clocked off for Christmas may struggle to […]
Originally published December 23, 2013 at 5:45 AM | Page modified December 24, 2013 at 3:17 AM
NEW YORK — Stocks rose in quiet trading Monday as investors start to close the books on 2013.Apple helped lift technology stocks after the company reached a deal to sell the iPhone to China’s largest wireless carrier.The market has been moving broadly […]
A tourist with a protective mask watches the buildings at the Bund under heavy haze in Shanghai, China, this morning. Photograph: Eugene Hoshiko/APGood morning, and welcome to our rolling coverage of event across the financial markets, the world economy, the eurozone and the business world.There’s an cautiously optimistic mood in the stock markets this morning, after the latest Chinese trade […]
