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Category Archives: Facebook
Following two days of rising prices, stocks resumed their steep fall on Thursday, as investors continued to dump technology, biotech and internet stocks.
Led by a rebound in beaten-down technology and social media stocks, the major U.S. equities indexes recorded their first gains in three days on Tuesday.
The latest “Beige Book” report on economic conditions in the 12 Federal Reserve districts showed “modest to moderate” growth in economic activity from January to early February, with bad weather a factor in many districts.
U.S. stocks got off to a weak start on Thursday following another negative report on the Chinese economy and a disappointing earnings report from Walmart but moved higher the rest of the day to close solidly in the green.
Ahead for most of the morning and flat at the 2:00 (EST) release of the minutes of the Fed’s January 28-29 policy meeting, the Dow Jones Industrial Average drifted lower over the final two hours of trading, closing Wednesday down … Continue reading
U.S. stocks rebounded strongly on Thursday, helped by a fairly robust fourth quarter GDP report and some good corporate news.
Global stocks ended the next to last day of 2013 narrowly mixed as traders and investors made last-minute tweaks to their positions and awaited the new year.
The global stock rally continued into Christmas week on Monday, boosted by positive U.S. economic reports, upbeat comments by the head of the International Monetary Fund about American economic growth, and a big gain in the price of Apple Inc. … Continue reading
The Dow Jones Industrial Average closed down 130 points or 0.8% today, a somewhat perverse reaction to the tentative budget deal reached Tuesday night by the Paul Ryan and Patty Murray Committee, which holds out the promise of averting another … Continue reading