Gains in small-cap and high-growth stocks drove benchmarks higher on Thursday and led the S&P 500 close to a record high. The Nasdaq was boosted primarily by gains in bio-tech stocks. Markets also received mixed economic data. While claims for unemployment benefits increased, existing home sales data rose for the first time this year.For a look at the issues currently […]
Benchmarks enjoyed a late-day reversal to end in the green on Friday, boosted by gains in small-cap stocks and advances in the consumer discretionary sector. Markets also received mixed economic data on Friday. While a surge in construction of new U.S. homes in April lifted investor sentiment, an unforeseen fall in consumer sentiment in May adversely affected the mood. Despite […]
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]]>How can big data and smart analytics ignite growth for your company? Find out at DataBeat, May 19-20 in San Francisco, from top data scientists, analysts, investors, and entrepreneurs. There are less than 50 tickets left!Several cities across the U.S. have been severely hit by the economic downturn in recent years. Budget cuts […]
Originally published May 16, 2014 at 6:33 AM | Page modified May 17, 2014 at 2:43 AM
NEW YORK — Better results from retailers and demand for telecommunications shares helped push the stock market to a small gain on Friday.Telecoms rose the most among the 10 industries in the Standard & Poor’s 500 index. Their jump followed news that […]
The Dow and the S&P 500 closed at record highs for the second consecutive session on Tuesday driven by an upward revision of March’s retail sales data and encouraging small-business sentiment. However, the Nasdaq ended in negative territory after Cisco forecasted disappointing fiscal third quarter results. A new deal between Keurig Green Mountain and Coca-Cola was also welcomed by the […]
Malaysia’s Exports Weighed Down By Weaker Demand From Major Trading Partners• According to data from the Statistics Department, Malaysia’s export growth slowed in March to an annualised 8.4 percent, lower than the 9.2 percent expected by economists in a Bloomberg survey. Imports also weakened considerably to a 0.5 percent growth from 9.5 percent in February and 7.2 percent in January.• […]
Selling pressure in Internet stocks and a decline in AIG’s quarterly income dragged the benchmarks down on Tuesday. While Twitter led the decline among Internet stocks, AIG adversely affected the financial sector. New deals in the health care sector failed to restrict the day’s losses. Meanwhile, investors kept an eye on the latest developments in Ukraine. The day’s economic reports […]
Stocks tumbled on Tuesday, a day after the Dow and S&P 500 closed near record highs, as Twitter shares fell sharply and insurance giant American International Group reported a decline in profit.The Dow Jones Industrial Average closed unofficially 129 points lower, while the S&P 500 lost 16 points and the Nasdaq shed 57 points, or 1.38 percent.”The primary reason we’re […]
Credit: JD Hancock / photo on flickrIn January, the Obama
administration put together a “working group” to analyze how huge
swaths of Americans’ data are being gathered and stored and what
sort of privacy issues need to be addressed. The group’s report was
just released this week.Before you ask: No, it’s not about the National Security Agency
(NSA) sweeping up huge amounts of metadata from […]
Benchmarks finished Thursday’s choppy run mostly lower as investors took a cautious approach ahead of Friday’s nonfarm payroll report. While the day’s mixed economic reports had some negative impact on the S&P 500 and the Dow, the Nasdaq ended in positive territory due to gains in Internet stocks.For a look at the issues currently facing the markets, make sure to […]
