On Wall St on Friday, the Dow Jones Industrial Average index rose 258.3 points, or 2.94 per cent, to 9034.69 as investors awaited details of a fiscal stimulus plan to be offered by the administration of US President-elect Barack Obama to revive the spluttering economy.
The broader Standard & Poor's 500 index gained 28.55 points, [...]
(RTTNews) -
The Thai stock market has finished higher now in four straight sessions, collecting more than 10 points or 2.5 percent in the process. Off since [...]
NEW YORK (CNNMoney.com) -- Stocks rallied Friday, with investors starting off a new year on the right foot, after an abysmal 2008, and the Dow closing above 9,000 for the first time since November.
) rose 258 points, or 2.9%. It was the second-best start of the year on a point basis, according to Dow [...]
THE logic behind decoupling, one of 2007’s big ideas, was that foreign markets and economies were strong enough to withstand an American recession. Then stocks plunged every bit as much overseas as here.
The theory is proving more resilient than the markets. It is drawing new adherents who contend that decoupling was not the wrong [...]
An investor would have to be made of Pyrex to withstand the extremes of 2008.
As the closing bell rang Wednesday afternoon, it mercifully ended the third-worst stock market year in history.
500 stock index fell 38.5 percent in 2008, rivaling the 38.6 percent drop in 1937 and the record 47.1 percent plunge in 1931.
[...]
Emerging-Market Stocks Sink in 2008, May Rebound on BRICs Rally
Jan. 1 (Bloomberg) --
fell the most
ever last year and investors are looking for Brazil, Russia,
India and China to lead a reversal in 2009.
tumbling 54 percent in 2008,
compared with a 38 percent drop in the Standard & Poor’s 500
Index and a 42 percent loss [...]
U.S. stocks rose firmly Tuesday to end at session highs, helped by a late
rally in financial shares and after the government boosted its aid for
General
Motors Corp.
, which in turn said it will offer new financing to lure consumers
back into dealers' showrooms.
Hope for the auto industry helped offset morning news that consumer confidence
slumped [...]
[BRIEFING.COM]
S&P futures vs fair value: +1.20. Nasdaq futures vs fair value: +4.30.
Share volume is expected to remain relatively light in post-holiday trading.U.S. market participants will take another holiday on Thursday, Jan. 1 in observance of New Year's Day. Light trading volume has the potential to induce pronounced swings in individual stocks andbroader indices, [...]
[BRIEFING.COM]
S&P futures vs fair value: +2.50. Nasdaq futures vs fair value: +2.50.
Stock futures currently point to a higher start. Volume is expected to be light in this shortened session (U.S. stock markets close at 1:00 PM ET).Early headlines surround economic data. November durables goods new orders fell a less-than-forecast 1.0%, but the trend [...]
U.S. stocks finished higher after a shortened pre-holiday trading session
Wednesday, gaining ground as data on consumer spending and durable goods orders
for November came in better than expected.
1 p.m. ET
, ahead of the Christmas
holiday.
"We're on the plus side, which is sort of a treat, considering that the market
has been down for the past [...]