Stocks ended higher on Tuesday as news that Bank of America would boost its dividend amid a stronger profit forecast than analysts expected lifted financials, and oil prices eased amid news OPEC is considering a boost in output. Bank of America and AmEx rose, while McDonald's fell.
Stocks ended higher on Tuesday as news that Bank of America would boost its dividend amid a stronger profit forecast than analysts expected lifted financials, and oil prices eased amid news OPEC is considering a boost in output. Bank of America and AmEx rose, while McDonald's fell.
Stocks added to strong gains as volatility in the oil markets eased amid news OPEC is considering a boost in output. Bank of America and AmEx rose, while McDonald's fell.
Stock index futures turned higher again after news that OPEC had no plans for an extraordinary meeting.
Stocks closed down, although off the lows of the day, as tech stocks dragged down the market amid high oil prices and continued turmoil in the Middle East. Alcoa and Intel sank, while McDonald's gained.
Stocks eased losses in the final hour of trading, although remained lower, as tech stocks fell particularly hard amid high oil prices and continued turmoil in the Middle East. Alcoa and Intel fell, while 3M rose.
Stocks extended losses amid volatility in oil prices, and as technology stocks slumped. Disney and Alcoa fell, while Exxon rose.
U.S. stock index futures pointed to a slightly higher open for Wall Street Monday, despite surging crude oil prices and a volatile-early morning trading session in Europe.
Stocks edged slightly higher for the week amid wild daily swings, including on Friday, as the markets climbed back in the final minutes of the session to pare losses for the day nearly in half.
Facebook, the social networking giant, is now valued at $65 billion and moving up 30 percent in the last six weeks, making it one of the most highly valued private companies out there today. This high valuation is a function of scarcity of shares that has created a supply, demand imbalance, according to one venture capitalist.
Stocks shrugged off a handful of robust economic reports to extended losses Friday as oil prices surged amid increased violence in Libya.
On Thursday the S&P 500 sees it’s biggest percentage and point jump since December 1, 2010 and yet the stock that is its best performer (+202 percent!) over the last 52 weeks, does not participate in the rally: Netflix spacer (NFLX). It closed down half of a percent, adding to the steady, quiet decline that has chopped $40 (18 percent) off Netflix’s stock price in 12 trading days.
*Money managers pull $1.4 bln from COMEX gold in May 14 week. Money managers, including hedge funds, pulled $1.4 billion from the U.S. gold futures market for the week ended May 14 by trimming their net long positions in the metal, according to Reuters calculations of data released by the Commodity Futures Trading Commission.
*Money managers pull $1.4 bln from COMEX gold in May 14 week. Money managers, including hedge funds, pulled $1.4 billion from the U.S. gold futures market for the week ended May 14 by trimming their net long positions in the metal, according to Reuters calculations of data released by the Commodity Futures Trading Commission.