Good morning! For May 14, 2015, U.S. stock futures forecasted a 30-point increase from Thursday's close as continued weakness in the dollar squeezes out even more from the markets' bull run.
The S&P 500 soared to a new high on Thursday and the DJIA Index rose 191 points on news that weekly jobless claims remained near a 15-year-low. A falling U.S. dollar fueled optimism about the possibility of stronger international sales for domestic-based companies.
Good morning! For May 14, 2015, U.S. stock futures forecasted a 30-point increase from Thursday's close as continued weakness in the dollar squeezes out even more from the markets' bull run.
The S&P 500 soared to a new high on Thursday and the DJIA Index rose 191 points on news that weekly jobless claims remained near a 15-year-low. A falling U.S. dollar fueled optimism about the possibility of stronger international sales for domestic-based companies.
We put together a roundup of the top 10 most important market-moving events that made investment news this week.
Stock market today, July 28, 2014: U.S. stock markets were up modestly on Monday ahead of a critical round of data that will be released by the federal government this week.
Today, a report indicated that the services sector reached a four-and-a-half-year high, creating new optimism about the nation's economic recovery. On Wednesday markets will see their first glimpse of second-quarter GDP, while Friday centers on the July unemployment rate.
Here are the top stories from the U.S. stock market today…
El Pollo Loco Holdings Inc. (Nasdaq: LOCO) stock soared more than 33% from its offer price today (Friday), the company's first day of trading.
LOCO stock opened at $19 and climbed as high as $20. The company had announced last night that it priced its shares at $15 each, which was on the high end of its initial $13 to $15 range. Through the IPO, LOCO sold 7.1 million shares and raised $107.1 million.
