Over the next two decades in the United States, it's going to cost $2 trillion to keep the lights on.
After decades of neglect, we're depending on an electrical grid that has components a century old or more - and much of the rest is based on antiquated technology. We have no choice to fix it - no matter how much it costs.
Here are today's closing numbers:
DOW: 16,551.23; +0.2%
S&P 500: 1,875.66; -0.1%
NASDAQ: 4,051.50; -0.4%
Now check out the top 10 stories from today’s trading session.
Financial news today, May 8, 2014: The Dow Jones Industrial Average jumped Wednesday after Fed Chair Janet Yellen told the Joint Economic Committee of Congress that the U.S. economy needed additional support to buffer the "considerable slack" in the labor market. Yellen also stressed risks in the housing market and rising geopolitical tensions.
This morning (Thursday), U.S. futures are flat on positive Chinese trade data and the anticipation of jobless claims.
Here’s what you need to know to make your Thursday profitable:
The Dow Jones Industrial Average rose today.
Here are the closing numbers, plus the top market news you can’t miss.
The Dow Jones Industrial Average rose marginally today (Monday) after strong manufacturing data outshone concerns over geopolitical problems in Ukraine. It gained 17.66 points (0.11%) to finish at 16,530.55.
Here's your post-market report of today's major financial news.
Dow Jones Today: The markets slid on Friday despite the fact that the unemployment rate slipped to a five-year low.
The jobless rate fell to 6.3%, beating expectations of 6.6%. In April, the U.S. economy created 288,000 jobs, but the labor participation rate slipped to 62.8% from 63.2%.
The Dow Jones Industrial Average was down 46.04 points to finish at 16,512.83. The S&P 500 slid 2.56 points to close at 1,881.12, while the Nasdaq was down 3.55 points to finish at 4,123.90.
Here’s your recap of today’s major market events.
Three stock market crash indicators are suggesting that the current bull market may be running out of steam and is susceptible to a significant correction.
Two of the stock market crash indicators are weakness in key sectors, and the other is a technical development on the Standard & Poor's 500 index chart.
Here’s what each indicator is telling us, and here’s what investors can do about it.
Wall Street news today, May 1, 2014: The markets closed on Wednesday in the black after the Federal Reserve committed to cutting another $10 billion from its bond-purchasing program.
This morning, Federal Reserve Chairwoman Janet Yellen will speak to kick off a heavy economic calendar.
Here’s what you need to know to make your Thursday profitable.
The Dow Jones Industrial Average today hit a record high for the first time in 2014.
The index closed at 16,580.84 (0.3% higher than the previous close).
Here's your recap of today's major market events.
Dow Jones Today: Markets roared again on Tuesday on easing geopolitical tensions in Eastern Europe and stronger earnings results. The Dow Jones Industrial Average climbed 86.63 points to 16,535.37. The S&P 500 was up 8.9 points to finish at 1,878.33, and the Nasdaq rose 29.14 points to finish at 4,103.54.
Here's your recap of today's major market events...
Stock market news today, April 29, 2014: Tuesday sets up to be an interesting day for the markets as the Federal Open Market Committee (FOMC) kicks off its two-day meeting. The markets were mixed yesterday, while shares of tech-giant Apple Inc. (Nasdaq: AAPL) struck a 52-week high.
Here's what you need to know to make your Tuesday profitable.
The Dow Jones today was topsy-turvy, surging in early morning trading on increased M&A activity, only to turn down sharply after lunchtime. It finished up 0.53% to 16,447 points. The Nasdaq ended flat, down 0.03% to 14,074 points and the S&P 500 was up 0.32% to 1,869 points.
Here's your recap of today's major market events...
Stock market news today, April 28, 2014: U.S. stock futures are in the black this morning on anticipation of increased mergers-and-acquisitions activity.
Here's what you need to know to make today profitable.
Dow Jones Today: A sharp Friday selloff turned markets negative for the week. The Dow Jones Industrial Average fell 139.87 points to finish the week at 16,361.78. The Nasdaq dropped 72.78 points to finish at 4,075.56 and the S&P 500 was down 15.20 points to close at 1,863.41.
Consumer discretionary stocks like Amazon.com Inc. and Ford Motor Co. were off big in afternoon trading. Ford announced quarterly profits fell by 39% due to an increased allocation of money to fix defects and currency devaluations in South America.
In addition, uncertainty over Russia’s decision on how to handle Ukraine is wearing on investors.
Here’s your recap of today’s major market events...
It could be a tough day for markets. Violence in Ukraine has escalated, triggering concerns that Russia may invade the nation in the coming days. Following the killing of pro-Moscow rebels by Ukrainian soldiers, Russia has begun war games along the border.
