Category: Markets

Will Markets Go Up in 2014?

Will Markets Go Up in 2014?

That’s the big business question of the year. On the pro-side — markets, like rolling stones, tend to stay in motion. Bull runs create their own momentum, and then often takes a few months...

Record Highs on Wall Street in Pot Sector

Record Highs on Wall Street in Pot Sector

Stocks in marijuana-related companies surged Thursday on the first day of trading since Colorado became the first state to allow the sale of the drug for recreational use. Medical Marijuana Inc. saw its stock...

Nikkei Logs Best Year Since 1972

Nikkei Logs Best Year Since 1972

  Japan‘s main stock index ended 2013 at its highest level in more than six years, closing out its best year since 1972, though most other markets were lackluster Monday ahead of the New...

Dow Jones Reaches Another Record High

Dow Jones Reaches Another Record High

The Dow Jones Industrial Average set another record high when it rose for the sixth consecutive session, adding 122.33 points to finish at 16,479.88 Thursday. The rally was sparked by the Labor Department’s morning...

Merry Christmas: Markets Close at Another Record High

Merry Christmas: Markets Close at Another Record High

The stock market closed at its 48th record high of 2013 on Monday, aided by Apple’s weekend deal with China Mobile to offer iPhones to 700 million-plus subscribers next year. The Dow Jones average...

Stocks Reach Record Highs After a Week of Bullish Data

Stocks Reach Record Highs After a Week of Bullish Data

Both the Dow Jones Industrial Average and the S&P 500 index closed at record highs today, buoyed by revised GDP figures which showed that the U.S. economy grew at a 4.1% annualized clip in...

Stocks Reach Record Highs Following Fed Announcement

Stocks Reach Record Highs Following Fed Announcement

Stock markets surged this afternoon, following the Federal Reserve’s announcement that it would trim its bond-buying program by $10 billion per month going forward. The Dow Jones Industrial Average rose 293.54 points, or 1.85%,...

Big Oil’s Latest Risky Gambit: Moving in on Wall Street’s Turf

Big Oil’s Latest Risky Gambit: Moving in on Wall Street’s Turf

The Volcker Rule, finalized just last week, is already having a big effect on the Wall Street—with banks losing commodity derivatives business to non-bank companies like BP, Cargill, and Koch Industries. The regulation prevents banks...

U.S. Stocks Cut Week’s Losses on Friday

U.S. Stocks Cut Week’s Losses on Friday

U.S. stocks mostly gained on Friday with the Dow Jones climbing 15.93 points or 0.1 percent. However, the blue-chip index was still down overall for the second week in a row. Overall, the Dow...

What Wall Street Can Do to Avoid Overregulation

What Wall Street Can Do to Avoid Overregulation

Complaints and lawsuits cannot solve the problem of overregulation, only ideas can, but for an industry built on ideas for success, Wall Street seems surprisingly short of creativity. Broadly speaking, Wall Street exists for...