Thomson ReutersA man walks inside the Athens Stock Exchange in GreeceATHENS (Reuters) – Greek bank shares sold off sharply pressure for the third day in a row on Wednesday with the bank sector share index losing 14.8 percent in early deals.The broader market reversed small opening gains to trade lower, dragged down by the banks which comprise about 20 percent […]
I recently returned from Istanbul, Turkey. I had the opportunity to meet with a director of the central bank, along with stock exchange officials, regulators, major investors and one of Turkey’s wealthiest men, Ali Ağaoğlu, a flamboyant property developer known as “the Donald Trump of Turkey.”I also spent time with everyday citizens from store owners to taxi drivers and more. […]
Even stock markets, and their followers, appreciate a break every once in a while. On Black Friday, they get one.The New York Stock Exchange and the Nasdaq will both close early at 1 p.m. Friday. The bond market, meanwhile, will close at 2 p.m.Traders were first treated to a shortened day following Thanksgiving on Nov. 27, 1992, with a 2 […]
Daimler AG (USA) (OTCMKTS:DDAIF), along with its subsidiaries, develops, produces, distributes, and sells passenger cars and off-road vehicles, trucks, vans, buses, and related spare parts and accessories worldwide. The company operates through Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses, and Daimler Financial Services segments.Daimler AG (USA) (OTCMKTS:DDAIF) started its trading session with the price of $82.38 and closed at […]
What can possibly go wrong with stocks these days? Consumer confidence in March leaped to the highest level since January 2008, just before the financial crisis annihilated it. Institutional investors’ risk appetite, as measured by State Street’s confidence index, backed off only a smidgen in March to the second highest level in the data series going back to 2005, down […]
Editor’s Note: Todd posts his vibes in real time each day on our Buzz & Banter where subscribers can follow over 30 professional traders as they share their ideas in real time. Want access to the Buzz plus unlimited market commentary? Click here to learn more about MVPRO.Over the last few weeks, we spent our time mapping the stock market […]
Originally published February 24, 2014 at 6:27 AM | Page modified February 25, 2014 at 6:27 AM
NEW YORK — The stock market ended higher Monday, but a late fade kept it from closing at an all-time high.The market marched broadly higher most of the day, helped by optimism about the economy and more corporate mergers, only to slowly […]
Originally published February 24, 2014 at 6:27 AM | Page modified February 25, 2014 at 6:27 AM
NEW YORK — The stock market ended higher Monday, but a late fade kept it from closing at an all-time high.The market marched broadly higher most of the day, helped by optimism about the economy and more corporate mergers, only to slowly […]
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The myth has been old and strong – Microsoft Corporation (MSFT – Analyst Report) and Wal-Mart Stores Inc. (WMT – Analyst Report) were once […]
It appears all of the worries about Asia, the credit crisis in China and disaster in Turkey, were imaginary–like friends. The market tends to scare people into giving up their wares, like stick up men, but without the guns.Janet Yellen’s speech was written by Ben Bernanke, at least that’s what I like to believe. The idiots in Congress will not […]
