S&P 500 Inches Up for New Record as Stocks Mostly Hold Steady
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.
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.
The market has hit new highs, but plenty of bears think prices will soon fall. Here are the 5 stocks with the biggest short positions, and why traders have bet against them.
The Federal Reserve said it plans to keep its benchmark rate near zero as long as unemployment exceeds 6.5 percent -- a level expected into 2015.
It's impossible to predict how the Dow Jones industrial Average will move next. But we can look at the previous times the Dow hit record highs to see what followed.
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 fell for a fifth day on concern that Washington lawmakers will fail to reach a budget deal before a self-imposed year-end deadline. The five-day losing streak for the Dow Jones industrial average was the longest since July.
IntercontinentalExchange announced this morning that it has reached a definitive agreement to acquire NYSE Euronext Inc. in a stock and cash transaction valued at $33.12 per NYSE Euronext share, a premium of nearly 38% to last night's closing price. The total value of the deal is $8.2 billion.
Many state and local governments offer businesses tax credits to give them an incentive to create jobs. A good deal -- unless your company's tax bill is already too low for tax credits to help. Enter, the new Online Incentives Exchange -- a place where companies can turn those credits into cash.
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 New York Stock Exchange opened on Wednesday -- because it had to open. In a bit of welcome news for fund managers, investors and even the economy, the company that operates the iconic exchange at 11 Wall Street announced it would not extend its trading shutdown to a third day.
The New York Stock Exchange will reopen for regular trading Wednesday after being shut down for two days because of Hurricane Sandy.
U.S. stock exchanges are looking at opening on Wednesday after monster storm Sandy receded from New York, and the New York Stock Exchange is testing a new plan to help resume trading.
With Hurricane Sandy approaching landfall in the Northeast, the major stock exchanges didn't want to take chances. There were no stock orders executed on Monday. There will be no trading on Tuesday, either.
A number of major U.S. companies postponed quarterly earnings reports Monday as Hurricane Sandy bore down on the East Coast and financial markets were closed: Among the biggies waiting until the rain stops: Pfizer, Thomson Reuters, NRG Energy, and Martha Stewart Living Omnimedia.












