Category: Markets

Asian Stocks Rise After U.S. Data Calms Investors

Regional markets took their lead from Wall Street (HONG KONG) — Asian stocks rose Friday as upbeat U.S. economic data lifted investors’ spirits following days of stomach-churning turbulence sparked by a heavy sell-off in...

U.S. Stocks Surge in Rebound From 6-day Slump

Markets have been volatile since China decided to weaken its currency earlier this month (NEW YORK)—U.S. stocks surged Wednesday in a broad rally, rebounding from a big slump that was driven by worries about...

U.S. Stock Market Closes Down 588 Points

The day marked the biggest decline—almost 1,100 points—on record in a trading day In a historic day of turbulence, the stock market whipped between nauseating drops and roaring comebacks on Monday before closing with...

Learning To Love Preferreds With Yields Over 5%

Preferreds are the redheaded stepchildren of income investing. They just don’t get any respect, even though in these times of diminished rates of return on all but the lowest-rated junk bonds, failing to consider...