Stocks pared gains in the final minutes of trading but still ended at new highs in light trading Wednesday as investors remained optimistic about the prospects for equities next year. McDonald's and Disney rose, while Alcoa fell.
Stocks continued to trade at new highs in light trading Wednesday as the closing bell approach despite an absence of fresh economic reports, as investors remained optimistic about the prospects for equities next year. McDonald's and Disney rose, while Alcoa fell.
After China’s unexpected rate hike, investors are wondering if Beijing will sacrifice market gains to keep prices in China from increasing too quickly.
Joel Levington, managing director of corporate credit at Brookfield Investment Management, said one strategy is to fish for winners among the lower-rated investment grade bonds.
The rally continues…new highs for the S&P 500, with the index now up 6.3% this month. That gives the S&P its best December since 1991.
This holiday season, consumers are beginning to shop and make purchases on their mobile phones. The shift from buying presents in front of the computer at home or work to doing it during bus commutes or while standing in line at cafes is small, but, for the first time, noticeable and even significant. Tthe New York Times reports.
Stocks closed narrowly mixed, as technology and bank stocks gained strength and drug stocks fell, amid more evidence of a recovering economy in the U.S. and passage of a bill extending Bush-era tax cuts. American Express fell, while Boeing rose.
Stocks continued to trade mixed despite further evidence of a recovering economy and passage of a bill extending Bush-era tax cuts, as strong earnings by tech leaders nudged the Nasdaq slightly higher. Merck fell, while Boeing rose.
The company's new software sales surged and beat its own forecasts, and Oracle reported profit ahead of Wall Street estimates, pushing its shares higher in extended trading Thursday.
President Obama is holding a meeting today with 20 prominent business leaders to share ideas on how to grow the economy and create jobs. Here is a look at how these companies performed since President Obama took office.
Nearly half of the 20 CEOs meeting with President Obama Wednesday are from technology and financials services companies, while noticeably absent are big oil and retail and such government-controlled enterprises.
Stocks gained Wednesday following several positive economic reports. How should investors be positioned going forward? Neil Hennessy, portfolio manager and CIO of Hennessy Funds, and Andy Bischel, CIO of SKBA Capital Management, shared their insights.
Stocks trimmed gains and turned mixed amid light volume Monday as retailers, and technology stocks slipped amid a market generally gaining support from M&A activity and as the market awaited word out of Washington on extending the Bush-era tax cuts. Caterpillar and Chevron rose, while HP fell.
Stocks turned mixed Monday as retailers were among the few sectors to struggle amid a market generally gaining support from M&A activity as well as the lack of an expected interest rate hike in China. Caterpillar and Walt Disney rose, while Intel fell.
Kicking yourself for not buying Apple? You're in good company.
Stocks traded modestly higher as deal activity lifted investor sentiment, and as the market awaited the expected approval of Bush-era tax cuts. Caterpillar and Disney fell, while HP rose. hr<!-- -->
U.S. stock index futures made slight gains ahead of the open Monday as investors drove up the yield of 10-year Treasurys to a six-month peak ahead of the expected approval of Bush-era tax cuts.
Apple shares should jump by more than a third as the technology giant is posed to take advantage of the long-term changes in the industry such as the shift to tablet computers, Goldman Sachs said in a note Monday.
The blogs and social networks were all a-twitter, if you will, chatting about the latest billionaire to donate the majority of their fortune to charity.
Stocks trimmed losses to end narrowly mixed Thursday as Treasury prices firmed and the dollar stabilized. McDonald's and DuPont fell, while BofA rose.