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A few companies kept their development teams intact in the recession, and are now building new facilities and expanding their operations. And as lending loosens, they say, they are poised to benefit from the housing needs of America’s aging population.
Futures shaved earlier losses Wednesday after durable goods orders jumped much more than expected in July, but still remained under pressure after Moody’s downgraded Japan’s economy by one notch on concerns over the size of the country’s budget deficit.
Stocks closed near session highs Tuesday, with the Dow posting its biggest gain in almost two weeks, despite a 5.8-magnitude earthquake in Virginia that shook parts of the U.S. East Coast and after investors shrugged off a handful of disappointing economic news.
Futures were higher Tuesday, boosted by better-than-expected manufacturing data in Germany and China, and ahead of a handful of reprots in the U.S.
Stocks squeezed out a small gain in thin, choppy trading Monday, erasing most of the session's earlier rally as traders were hesitant to fully jump in without any proper market conviction.
Futures rose on Monday, helped by a gains in the European markets and after all three major averages logged their biggest four-week decline since Mar. 2009 in the previous week.
U.S. economic conditions improved slightly in July, amid a pickup in industrial and manufacturing production, according to report Monday from the Federal Reserve Bank of Chicago.
Stocks accelerated their selloff to finish near session lows in light, choppy trading Friday as investors were reluctant to remain in the market ahead of a weekend, amid worries over a global recession in addition to the ongoing euro zone jitters.
The week's top business news and investment advice, including how to trade Europe, US financials, HP's sharp drop and the run-up in gold.
Futures were off their worst levels Friday, but were still lower, pressured by losses in Asia and Europe and many investors concerned the world economy is on the brink of another recession.
Stocks closed off their worst levels Thursday, but were still down sharply, following a handful of disappointing economic news and over continuing worries over the stability of euro zone banks.
Futures extended their sharp losses Thursday after a gloomy forecast on global growth, continuing worries about the European debt crisis and following news that jobless claims rose more than expected last week.
An enforcement lawyer at the Securities and Exchange Commission says that the agency illegally destroyed files and documents related to thousands of early-stage investigations over the last 20 years, according to information released Wednesday by Congressional investigators, reported the New York Times.
The Dow and S&P closed near the flat line after toggling between small gains and losses for most of the afternoon in light volume trading Wednesday. The Nasdaq fell, however, as tech stocks dragged on the market.
What awaits New York Yankees third baseman Alex Rodriguez if his physical decline continues at the rate it has been going?
The excavation of the Panama Canal is an initial step in the building of a larger set of locks that should double the amount of goods that can pass through it each year. The New York Times reports.
Futures remained mixed Wednesday after news core producer prices rose at their fastest pace in six months in July, but were buoyed by several positive earnings news from big retailers.
Stocks staged a late-day comeback from session lows Tuesday after traders were disappointed by comments from Sarkozy and Merkel, but the gains were not enough for the market to finish in positive territory.
Futures tumbled Tuesday following a handful of economic reports in addition to news that German GDP growth slowed more than expected.
With the 10-year Treasury yield reaching lows not seen since the collapse of Lehman Brothers in 2008, some experts argue that a volatile economic climate with a recession is now likely.