Technology stocks drove the Nasdaq to a 13-year high, but the Dow and S&P 500 dropped into the red on Black Friday. Both the Dow & S&P 500 had opened higher and the latter touched an intra-day high before they both closed in negative territory during a short trading session. Technology emerged as the biggest gainers among the S&P 500 […]
Better-than-expected earnings from Hewlett-Packard along with a couple of encouraging domestic reports guided benchmarks higher on Wednesday. Initial claims numbers and the Michigan consumer sentiment report boosted investor confidence. Meanwhile, manufacturing activity in Chicago declined in November from the previous month but came in above market expectations. The technology sector was the biggest gainer among the S&P 500 industry groups […]
* US stock markets rose steadily from the open and held on to early gains despite some profit taking mid-session.* European stock markets rose the most in two weeks, after German consumer confidence and UK growth were better than expected.* Asian markets edged lower across the region for a second session, as traders took profits with stock valuations at six […]
Facebook (FB) started its life as a publicly traded company with disappointment. FB stock crashed about 50% in the four months after its 2012 IPO.But in 2013, Facebook stock has found new life. The social media giant is up over 60% year-to-date.However, it’s impossible to overlook the past problems at Facebook and the recent softness in FB stock after a […]
Encouraging economic reports through last week helped indices post a number of records on Friday. The S&P 500 closed above 1,800 for the first time and the blue-chip index recorded its longest stretch of weekly gains in three years. The tech-laden Nasdaq also joined the party, hitting a new 13-year high. The health care sector was the biggest gainer among […]
Amazon.com (NASDAQ:AMZN) announced Black Friday deals will start a day earlier this year, beginning on Sunday, November 24, with new daily deals — as often as every ten minutes. Customers can also enjoy free shipping on millions of eligible items including leading electronics and some of the most anticipated toys, or unlimited Free Two-Day Shipping on more than 15 million […]
This Isn’t a Stock Market Bubble… Here’s Whyby Alexander Green, Chief Investment Strategist, The Oxford ClubFriday, November 22, 2013: Issue #2171In the past week, there have been major stories in both The Washington Post and The Wall Street Journal – as well as a cover story in Barron’s – asking the same pointed question: Is this stock market a bubble?And […]
marketsStocks rise; S&P 500 sets record finish above 1,800
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The Dow finally recorded its first close above the 16,000 mark yesterday driven by encouraging jobs data. The Nasdaq too finished in the green while the S&P 500 snapped its three-day losing streak. Meanwhile, annual inflation rate came in lower than the Federal Reserve’s target. President of the Federal Reserve Bank of St. Louis and a voting member of the […]
Investopedia explains ‘Stock Market’
The stock market lets investors participate in the financial achievements of the companies whose shares they hold. When companies are profitable, stock market investors make money through the dividends the companies pay out […]
