Originally published November 29, 2013 at 8:33 AM | Page modified November 30, 2013 at 1:35 AM
NEW YORK — The stock market fizzled Friday at the end of a holiday-shortened trading day, but still logged its longest streak of weekly gains in a decade.The Standard & Poor’s 500 index ended down one point, or 0.1 percent, to 1,805.81. […]
REUTERS/Eric ThayerA competitor adjusts his hat before the gate opens for him to begin his ride, during the Professional Bull Riders invitational at Madison Square Garden in New York, January 6, 2013.At one point this year, we declared Jefferies’ Sean Darby the most bullish strategist on Wall Street.
In his new US 2014 Outlook note, Darby maintains a bullish stance, slapping […]
Now that the U.S. government shutdown is behind us it is instructive to review what we went without for those weeks. Recently writing for the Financial Times, Robin Harding reported that experts feared that the U.S. government would be “flying blind” without access to the big data collected by the government, and which was imperiled by the shutdown.We would have been […]
Originally published November 15, 2013 at 7:44 AM | Page modified November 16, 2013 at 1:23 AM
NEW YORK — Investors stayed upbeat Friday, pushing U.S. stock indexes deeper into record territory.Stocks climbed to all-time highs for the third straight day as investors assessed the prospect for further economic stimulus from the Federal Reserve.Agilent Technologies, which makes scientific instruments, […]
The Dow notched another record high on Wednesday to join the S&P 500 in the green. The index was boosted by gains made by Microsoft, encouraging European economic data and investors’ expectations of the Federal Reserve continuing with its stimulus program. However, Nasdaq finished in the negative zone dragged by a significant drop in Tesla Motors’ shares. Among the S&P […]
stocksStocks close mostly down in ‘nervous’ trading day
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“Where I’d avoid is the consumer-related names. Stay away from the retail-type of names. I think consumer confidence is going to be hit hard,” he said. “But I think some of these commodity names take a bid. The dollar continues to get weaker. Emerging market data gets better, so a Rio Tinto, that type of names—those are where […]
By Lance Roberts, CEO, StreetTalk AdvisorsIf you have been watching television, or reading headlines much as of late, you are undoubtedly aware that interest rates have risen. The current belief is that rising interest rates are a sign that the economy is improving as activity is pushing borrowing rates higher. In turn, as investors, this bodes well for corporate profitability which […]
