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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.
To make things a little easier, we’ve compiled a list who's offering the sharpest discounts and everything else you needs to know to trade retail this holiday season.
Shopping can be so chaotic this time of year, even when you're buying stocks. So to make things a little easier we’ve compiled all our favorite retail plays!
The Retail ETF traded higher on Monday ahead of Black Friday, the unofficial start of the holiday shopping season. What's the trade?
For the first time in a decade, more people paid their credit card bills on time in the third quarter this year than in the second quarter.