U.S. stocks posted their biggest gain in almost five years yesterday (Monday) – despite yet another volatile trading session
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Stocks
Weak Jobs Report, More Credit Woes Sends Stocks Skidding
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By Jason Simpkins U.S. stocks tumbled Friday – the Dow Jones Industrial Average recorded its third-worst day of the year – after an unexpected increase in the nation’s jobless rate and new revelations about the growing U.S. credit-market mess seemed to fuel concerns about the health of the country’s economy. The Dow plunged more than […]
Manage Your Risk and Boost Your Profits, Even in a Volatile Market
News Corp. and Dow Jones Reach Deal Last Night
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From Staff Reports It appears that media mogul Rupert Murdoch finally has his prize. The boards of directors of Wall Street Journal parent Dow Jones & Co. Inc., and Murdoch’s News Corp. (NYSE: NWS) late yesterday were reported to have approved a deal in which News Corp. will buy Dow Jones for $5 billion in […]
U.S. Stocks Rebound, Aided by Upbeat Profit Reports
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By Jason Simpkins Following a week in which U.S. stocks posted their worst showing since March 2003, shares yesterday posted some solid gains after a day of choppy trading. After being down as much as 46 points, the Dow Jones Industrial Average reversed course and rebounded to gain nearly 93 points, or 0.70%, to close […]
Stocks End Their Record Run
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After five straight gains, and four consecutive days of record closing highs, stocks took a beating and fell yesterday because of housing worries and fears the subprime crisis could spread.
Never Trust an Investor With a Microscope
Anytime stocks are on a record run, and you sense that investors are searching a little too hard for the good news needed to keep the advance alive, it's probably a good time to start being a little cautious.
Ackerman Hedge Fund Puts Bulls eye on Target
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Pershing Square Capital Management LP, the hedge fund run by activist investor William Ackerman, has taken a 9.6% stake in upscale discounter Target Corp., the New York-based investment fund disclosed in a Securities and Exchange Commission filing yesterday.
Industrial Lead Hits Another Record
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From Staff Reports In yet another example of the impact that demand in China is having on global commodity prices, industrial-grade lead soared to yet another record yesterday, and according to some estimates has climbed by nearly 90% so far this year. The heavy metal, especially useful in the production of the power-storage cells for […]
Inflation Still The Fed's Main Concern
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Despite an abysmal housing market and a timid stock market, inflation remains the chief concern of Federal Reserve Chairman Ben S. Bernanke.
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