Why Bad News Makes the Stock Market Happy
For now, bad news is good for the stock market. Investors judged that the latest weak economic reports will make it more likely that the Fed will keep stimulating the economy
For now, bad news is good for the stock market. Investors judged that the latest weak economic reports will make it more likely that the Fed will keep stimulating the economy
U.S. stocks rallied to fresh highs on Tuesday as investors picked up large-cap companies' shares on the expectation that central bank stimulus will propel the rally further.
Bank of America led a rally in big-bank stocks in mostly quiet trading on Monday. Stock indexes ended little changed, though the S&P 500 rose 3 points and set another record.
Stocks were slipping on Wall Street Monday morning after an industry group reported that U.S. manufacturing growth cooled in March and was weaker than economists had forecast.
The S&P rose six points to 1,569, a gain of 0.4 percent, beating its previous record by four points. The index is still shy of its all-time trading high of 1,576.
Encouraging news from the job market pushed the stock market up early Thursday, putting the Standard & Poor's 500 index near its all-time high. The S&P 500 rose seven points to 1,561 -- just four points away from the high it hit in October 2007 -- before retreating marginally after 10 a.m.
With the Dow Jones industrial average soaring to new all-time highs, investors are enjoying the new-found prosperity reflected in their brokerage statements. But it you want to keep those paper profits, now's the time to start making some tough decisions.
From Costco checking in with its latest financials to a highly anticipated video game that could breathe life into the moribund gaming industry, there will be plenty of news breaking in the coming days. Here are some of the items that will shape the week ahead on Wall Street.
The Dow is closing at a record, beating the previous high it set in October 2007, before the financial crisis and the Great Recession. The Dow Jones industrial average rose 126 points, or 1 percent, to 14,253 Tuesday, beating its previous record by 89 points.
Stocks are closing lower on Wall Street following news that several top Federal Reserve officials are doubtful about continuing the central bank's economic stimulus. The S&P 500 index had its biggest loss of the year.
Stocks are edging higher in early trading on Wall Street after a report showed that the U.S. trade deficit narrowed sharply in December, to $38.6 billion -- the smallest it's been in nearly three years.
Stocks edged lower on Wall Street Friday, pulling the Standard & Poor's 500 index below a five-year high reached the day before. The S&P 500 fell two points to 1,470 as of noon Eastern. It closed at 1,472 Thursday, its highest level since December 2007. The Dow Jones industrial average fell a point to 13,469. The Nasdaq composite index dropped three points to 3,119.
U.S. stocks fell Tuesday as traders awaited the start of the corporate earnings season. Market-watchers expect the quarter's results could include many surprises because of events like Superstorm Sandy, the presidential election, and the narrowly avoided "fiscal cliff."
From new small gadgetry too old banking behemoths, there will be plenty of news waiting to break in the coming days. Let's go over some of the items that will help shape the week that lies ahead on Wall Street.
Investors typically sell stocks to cut their losses at year end. But worries about the "fiscal cliff" -- and the possibility of higher taxes in 2013 -- may act as the greatest incentive to sell both winners and losers by Dec. 31.
Major stock-market indexes climbed Tuesday as investors waited for the finish of a closely fought U.S. presidential election.
Major stock-market indexes climbed Tuesday as investors waited for the finish of a closely fought U.S. presidential election. The Dow Jones industrial average was up 146 points at 13,259 just before 1 p.m. EST.
The Standard & Poor's 500 index is closing lower after hitting a four-year high. The S&P 500 lost five points to close at 1,413. The index had climbed to 1,426 in morning trading, its highest since May 19, 2008.
A late recovery on Wall Street wiped out most of the stock market's losses Thursday, leaving the Dow Jones industrial average down just 25 points. The Dow had been down as much as 177 points but came back sharply at the end of the day.
Stock futures are rising with a new survey suggesting that economists are a bit more optimistic about housing and employment. The National Association for Business Economists' forecasters expect modest growth for the rest of 2012, with the pace picking up in 2013.
Markets dipped Monday after official data confirmed that Spain is back in its second recession in three years. Investors had initially bid up stocks on hopes that the Fed would provide more stimulus to the U.S. economy.
Forget black cats, broken mirrors and unstoppable psychopaths in hockey masks -- on Friday the 13th, the biggest terrors sometimes hit our wallets. No, the Great Crash of 1929 didn't start on a Friday, but a fair number of financial disasters did.
The re-weighting of the Nasdaq-100, which is expected to be announced today, could harm Apple's share price. But that may be the least of the tech giant's problems right now.






















