Stock Markets Jump as Banks Lead Dow, S&P to New Highs
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.
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.
With the market setting records, it's natural to worry that stocks have gone up too far. But higher priced stocks may still be a good deal.
The Dow and S&P 500 advanced to all-time closing highs on Friday, with major indexes jumping 1 percent after an unexpectedly strong April jobs report.
Stocks are rising in early trading on Wall Street Thursday following encouraging news about the job market and higher profits from CBS, Facebook and other companies.
Technology companies led the stock market higher Monday, pushing the Standard & Poor's 500 index above the all-time closing high it reached earlier this month.
Disappointing earnings results weighed on the stock market in morning trading on Thursday, following two steep drops this week.
The S&P 500 hit new highs in April, but earnings aren't always following suit. Consider these four surprising powerhouses expected to post lower earnings than last year.
Rite Aid, Ross Stores and other retailers surged Thursday after turning in better sales, and major stock market indexes rose for a fourth day straight.
The stock market's robust rally was slowing even before Friday's jobs report, but the red flag sent up by the weak payrolls data makes the path to more gains less secure.
With stock indexes at record highs, even investors who've avoided the market since 2008 are returning. But the adage says, "Sell in May and go away." Is now a bad time to buy?
For the second time in less than a month, the stock market marched past another milepost on its long, turbulent journey back from the Great Recession.
Three weeks after the Dow Jones industrial average blew past its all-time high, the broader Standard & Poor's 500 index joined it in the history books.
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.
Goldman Sachs expects the S&P index to hit 1625 this year, and Morgan Stanley (MS) raised its target to 1600. Both had been pretty bearish on the market. The S&P closed yesterday at 1552.














