Morning technical analysis – 3 March 2014March 3, 2014 by Craig Erlam in Technical analysisEURUSDThe euro is trading higher against the dollar this morning after gapping lower over the weekend. The flight for safety has seen the dollar strengthen against most currencies over the weekend, although we have seen the euro pare some of these losses already today. The pair […]
Berkshire Hathaway’s annual letter to shareholders has included pages on the stock market and where it’s headed in previous years. This year? Silence.FORTUNE — The Oracle of Omaha’s crystal ball must be cloudy these days.In Warren Buffett’s annual letter to Berkshire Hathaway (BRKA) shareholders, released Saturday morning, he says little about the stock market or where shares might be headed. […]
Standard Life has cut payouts on endowment policies by 2%. Photograph: David Sillitoe for the GuardianThe millions of people who have clung on to mortgage endowment policies received more miserable news this week, with many insurers cutting payouts despite the rising stock market. The biggest endowment provider, Standard Life, said it was slicing 2% off payouts despite the 12% rise […]
Originally published February 28, 2014 at 6:52 AM | Page modified February 28, 2014 at 1:20 PM
NEW YORK — Stocks were mostly higher in late trading Friday as the market mostly recovered from an afternoon stumble. The Standard & Poor’s 500 index edged further into record territory, but weakness in technology stocks held back the Nasdaq composite.KEEPING SCORE: […]
Posted Wednesday, February 26 – 7:45 AM(AFP) – US stocks gained modestly in early trade Wednesday with investors mostly tentative ahead of Federal Reserve Chair Janet Yellen’s testimony in Congress on Thursday.An hour into trade, the Dow Jones Industrial Average was up 54.46 points (0.34 percent) at 16,234.12.The broader S&P 500 gained 5.54 (0.30 percent) at 1,850.66, while the Nasdaq […]
Morning technical analysis – 26 February 2014February 26, 2014 by Craig Erlam in Technical analysisEURUSDThere was quite a lot of choppiness in this pair at times yesterday and yet it still never managed to break out of the ascending triangle it entered a week ago. At one point there was plenty of pressure on the bottom of the triangle but […]
Today marks Verizon Communications Inc.’s (VZ) first day of trading after it completed the acquisition of its remaining shares from Vodafone Group Plc (VOD). The company’s stock price is trading 0.78% lower as of 3:29 PM EST, after being down more than 1% earlier.The company gave guidance on its performance expectations after completing a deal that enables the largest wireless […]
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 […]
By George LeongAt the beginning of the year, I thought the technology sector would deliver some of the top potential for gains this year.Nearly two months into the year, the technology sector has, so far, made the biggest strides in what has been a relatively cautious start to the year.So far this February, the technology sector is leading the broader […]
George Soros, the billionaire hedge-fund manager who has broken the British pound and some Republican hearts, is betting that the U.S. stock market could break, too.Soros Fund Management had $1.3 billion wagered at the end of 2013 that the Standard & Poor’s 500-stock index would fall, the Bullion Baron blog reported last week, citing the fund’s latest regulatory filing. It […]
