U.S. stocks closed at highs after encouraging domestic data alleviated concerns over continued signs of slowing growth in Europe and China.» Read More
Every day, millions of Americans stand at store checkout counters and make a seemingly random decision: after swiping their debit card, they choose whether to punch in a code, or to sign their name. It is a pointless distinction to most consumers, since the price is the same either way. But behind the scenes, billions of dollars are at stake.
The pipeline of initial public offerings for 2010 looks promising as private equity firms look to cash in on their investments after coming back to the nearly defunct market in the fall.
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Stocks closed at a 14-month high Monday as news of an energy deal and a lifeline for Dubai helped buoy the market — and investors' appetite for risk.
Stocks were higher in afternoon trading Monday as news of an energy deal and a lifeline for Dubai helped buoy the market.
Stocks are starting the week on a positive note, putting both the Dow and S&P at new 52-week highs. This comes despite dollar strength over the past week and a half (U.S. Dollar Index now up over 3 percent from recent low) and lower commodity prices.
Stocks opened slightly positive Monday as investors grew less jittery about the situation in Dubai and a big merger deal helped juice the energy sector.
Stock index futures pointed to a positive open for Wall Street on Monday as investors cheered news that Abu Dhabi would provide $10 billion of surprise aid to neighbor Dubai.
The big banks have rebounded very strongly since the early March lows and investors are trying to see if the trend will continue into 2010. Fred Cannon, co-director of research and chief equity strategist at KBW shared his outlook on the sector.
Big financial institutions that have survived government bailouts, as well as regional banks that swallowed weaker rivals, are best-positioned to succeed in 2010, according to a Keefe, Bruyette & Woods.
Analyst research reports these days are way too negative for the Mad Money host, so he wrote his own.
Both the Dow and S&P closed lower on Thursday with selling accelerating into the close largely due to jitters about Friday’s jobs report.
Is the chase for performance on? Should you expect stocks to climb higher through the end of the year?
Shortly before the end of trade, the bulls took control of the market on a growing belief that the fall out from Dubai’s debt woes will be contained.