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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.
Stocks continued to reach new highs Wednesday in an absence of economic data as trading volume continued to be light. McDonald's and Chevron rose, while P&G fell.
Microsoft’s Kinect was a solid hit this holiday season, but the game console’s success alone may not be enough to boost the video game industry for next year, said Evan Wilson, entertainment analyst at Pacific Crest Securities.
Markets are going to be “very frustrating” for both bullish and bearish investors next year, according to Ken Fisher, founder and chairman of Fisher Investments and a Forbes columnist.
Facebook likes big numbers — it now has more than 500 million users, each one of whom can have as many as 5,000 friends. Yet as a privately held company, its ownership base must remain small, or it will have to disclose publicly its financial results, the New York Times reports.
Technology is the third worst performing sector in the S&P this year, only beating out healthcare and utilities. This may surprise most investors since a handful of tech stocks had a good 2010.
You want to see a "V"? Look at the rebound last year in spending of software and equipment by businesses:
According to commodities investor Dennis Gartman, China's rate hike shouldn't slow gains in at least one name.
The Financial Times has named Apple CEO Steve Jobs as person of the year. When he first hit the headlines, he was younger even than Mark Zuckerberg is now. His formative role in popularizing the personal computer, and Apple’s initial public offering on Wall Street – which came when Mr Jobs was still only 25 – made him the tech industry’s first rock star, the paper said.
ARM Holdings hit A 52 week high Wednesday on reports Microsoft will use the company's chips in its mobile operating systems. Is the game changing in the chip space?
Stocks closed modestly higher amid quiet trading Wednesday, but still gathered enough momentum to hit news levels as the S&P 500 beat a September 2008 high not seen since Lehman Brothers filed for bankruptcy. JPMorgan and Bank of America rose, while Intel fell.
Stocks rose modestly amid quiet trading Wednesday, but still gathered enough momentum to hit news highs as the S&P 500 was on pace to beat a September 2008 high not seen since Lehman Brothers filed for bankruptcy. JPMorgan and Bank of America rose, while Intel fell.
One investment research firm thinks so. With strong options activity and shares surging, the "Fast Money" team weighs in.
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.
Stocks rose slightly Wednesday after news third-quarter GDP grew slightly more than reported previously, but less than expected. BofA rose, while Intel fell.
Stock index futures pointed to a mixed open for Wall Street Wednesday, with home sales data and a final figure for third-quarter economic growth among the main macroeconomic highlights.
To the chagrin of all those Scrooges, Grinches and bears out there it appears that Wall Street may have a very merry Christmas after all.
Stocks rallied to new highs as the S&P 500 Index reached its highest close since Lehman Brothers went bankrupt in September 2008 amid light trading and several strong earnings reports. Bank of America and JPMorgan rose, while 3M fell.