The markets ended the week on a high note with encouraging economic news, a surprise jump in consumer sentiment and a drop in the trade deficit, among other things. Is the Fed’s latest round of stimulus working?
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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.
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When all is said and done, General Motors could easily vault to the top of the list, surpassing Visa’s IPO as the biggest U.S. company offering, and beyond Agriculture Bank of China as the biggest ever in the world. Here’s a lo…
Beyond the next series of economic indicators, what really matters now is a strong holiday selling season. If it materializes, that could pole-vault the market to new highs, making 12,000 on the Dow by year-end well within reac…
Stocks and commodities fell sharply Friday amid anxiety that China will hike interest rates to keep its economy from overheating. The Dow flirted with a triple-digit loss. Gold and oil prices likewise plunged.
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