On Thursday, stocks clawed back nearly of the week’s prior losses. Lifting investors’ spirits were an easing of concerns over Irish debt, GM’s massive IPO and some surprisingly positive economic reports.
Contin…
The Dow tumbled Tuesday as part of a global sell-off in stocks fueled by further speculation that China will hike interest rates to fight inflation and renewed worries over the wobbly finances of Ireland, Portugal and Greece.
…
Stocks don’t move in a straight line, and a relatively light week of earnings reports and economic data should give the market a much-needed break after the major indexes have run up to two-year highs. But long-term, the direct…
Stocks closed slightly higher Friday despite the best jobs report in months, as a six-session rally that has taken the market to a two-year high was due for a breather. The Dow finished up nine points, while the S&P was up five…
Investor sentiment is a remarkably accurate contrarian indicator: When investors become exuberantly bullish, the market is nearing a high, and when investors are strongly bearish, market lows are a good bet. Be warned: Right no…