Stock market news today, May 27, 2014: The big stock market news today (Tuesday) was the S&P 500's climb to an intraday record. Fueling U.S. stock markets' rise were positive economic data, including growing consumer confidence, and expansion in the U.S. service sector.
Here's the scorecard from today's trading session:
DOW: 16,675.50, +0.42%
S&P 500: 1,911.91, +0.60%
NASDAQ: 4,237.07, +1.22%
And here are the top stories in Tuesday’s stock market news:
by Tara Clarke
Best stocks to buy for the week ending May 23, 2014: Last week, Money Morning highlighted profitable plays in tech, oil and natural gas, emerging markets – and even two profitable beer stocks nab before summer sales skyrocket.
One of the recommendations on our list is a tech leader that has a stranglehold on a special smartphone component. Two of the other tech stocks we singled out are top plays in the billion-dollar U.S. robotics industry. And we highlighted two ETFs that are dominating broad emerging markets exposure.
Get these plus more of our latest, best stocks to buy...
by David Zeiler
With the Winklevoss Bitcoin ETF, more formally known as the Winklevoss Bitcoin Trust, on track for approval before the end of the year, and an exchange already selected (the Nasdaq), we’re waiting on just one more big piece of news: the ticker symbol.
With a product as controversial as a Bitcoin ETF, choosing the right ticker symbol can help foster wider acceptance of the digital currency as well as make the ETF easy for investors to remember.
But coming up with a catchy ticker may prove trickier than you'd imagine...
Penny stocks to watch 2014: The best penny stocks can have huge profit potentials, and investors who buy in at the right time can see huge gains in a matter of days. But first, investors need to know where to look…
Some of the top penny stocks have been in on the ground-floor of burgeoning markets, while others have been the takeover targets of large corporations. Pharmaceutical companies working on breakthrough drugs can also be big winners.
With that in mind, here are three of the best penny stocks to watch in 2014…
by Diane Alter
In a move that derails Hillshire Brands Co. (NYSE: HSH) simmering $4.3 billion takeover of Pinnacle Foods Inc. (NYSE: PF), Pilgrim's Pride Corp. (Nasdaq: PPC) offered on Tuesday to pay $6.4 billion in cash for Hillshire Brands.
HSH stock surged more than 22% to a 52-week high of $45.52 on the news. Pinnacle shares sank some 7% to $30.87.
Here’s what’s behind this deal and what it means for investors…
by Diane Alter
Investors are crowding into top dividend stocks not simply for their dividend yield, but also because they drive long-term performance in the stock market.
According to a recent study, $100 invested in the S&P 500 in late 1940 would have amounted to $17,460 by the end of 2013 if dividends weren't reinvested, but $265,851 with dividend yields reinvested.
IPO Calendar for the week of May 26, 2014: The IPO calendar this week is light – only one company scheduled to go public.
Here's the detailed look at that debut.
The Dow Jones Industrial Average jumped Friday after new home sales in the United States surged to a three-and-a-half-year high. The S&P 500 closed above 1,900 for the first time ever.
Here’s what you should know in Dow Jones and other market news make your Tuesday profitable...
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Beware of unintended consequences.
That's the advice I'd give Western leaders when imposing sanctions on Russia over the Ukraine crisis.
You see, Putin's been racking up his air miles, hastening the pace to replace the petrodollar.
It's a topic I recently discussed here, along with an investment idea for a "counterattack."
At the end of Putin's two-day trip to China last week, the two nations signed a landmark natural gas supply deal, driving another large nail in the dollar's coffin.
The Dow Jones Industrial Average jumped after new home sales surged in the U.S. to a 3.5-year high.
Check out the scorecard from today, as well as the top market stories.
