Stocks surged at the end of the week, with major indices rallying to fresh highs as investors reacted positively to the October jobs reports, which showed a better-than-expected pick-up in payroll growth and further improvement in the unemployment rate. The …
Market Focus Another day, the S&P 500 index and the Nasdaq 100 index once again set a record closing. This marked the close of six records of the two indexes in the past six trading days. The S&P 500 index …
Market Focus The Fed currently buys $120 billion in bonds every month to inject liquidity into the financial system. The Fed is expected to scale back its bond purchase program starting this month and develop a plan to stop buying …
Market Focus The relentless climb in stocks pushed major U.S. benchmarks to their historical highs just a day ahead of the Fed’s policy meetings. The rally of the stock was underpinned by the better-than-expected corporate earnings results. S&P 500 rallied …
Market Focus Wall Street stocks rose slightly on Monday, continuing the recent record gains of major stock indexes. The S&P 500 Index rose 0.2%, the Dow Jones Industrial Average rose 0.3%, and the Nasdaq Index rose 0.6%. The gains pushed …
Market Focus Stocks ended at records on Friday as investors digested disappointing earnings results from Apple (AAPL) and Amazon (AMZN) that came during an otherwise solid quarterly reporting season from many major companies. The S&P 500 set record intraday and …
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