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By Dan Gramza |
May 23, 2013
After selling off following comments from Ben Bernanke, buyers came back into the Nasdaq 100 market late yesterday, and Dan Gramza is looking for them to continue to find strength today.
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By Jesse Westbrook, Bloomberg |
May 22, 2013
Hedge funds’ returns have stayed “lackluster” this year, with the $2.3 trillion industry trailing the gains of the Standard & Poor’s 500 Index by about 10 percentage points, according to Goldman Sachs Group Inc.
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By Anthony Lazzara |
May 22, 2013
The JUN13 E-mini S&P 500 rallied quick and hard this morning to 1685 upon the market digesting Bernanke’s testimony. Now the market is up 12.50 points to 1678.
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By Dan Gramza |
May 22, 2013
With Fed Chairman Ben Bernanke set to talk today, stocks made small gains in yesterday's trading.
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By Lu Wang and Inyoung Hwang, Bloomberg |
May 21, 2013
U.S. stocks rose, erasing earlier losses, after Federal Reserve Bank of St. Louis President James Bullard said the central bank should continue its bond buying to boost growth that is slower than expected.
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By Whitney Kisling, Bloomberg |
May 21, 2013
Goldman Sachs Group Inc. said the U.S. stock-market rally may last at least another 2 1/2 years, sending the Standard & Poor’s 500 Index up 26% to 2,100.
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By Chris Burritt, Bloomberg |
May 21, 2013
Home Depot Inc., the largest U.S. home-improvement retailer, posted first-quarter profit that topped analysts’ estimates and raised its forecast for earnings this year as the housing rebound boosts renovation spending.
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By Dan Gramza |
May 21, 2013
The stock market moved slightly higher yesterday, but Dan Gramza says most markets are waiting to see what Fed Chairman Ben Bernanke will say tomorrow.
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By Douglas MacMillan, Bloomberg |
May 20, 2013
Yahoo! Inc. is buying blogging network Tumblr Inc. for about $1.1 billion as Chief Executive Officer Marissa Mayer seeks to lure users and advertisers with her priciest acquisition to date.
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By Alexis Xydias, Bloomberg |
May 20, 2013
The most-indebted U.S. companies are rallying more than any time in almost four years compared with the rest of the stock market amid the broadest rally since at least 1995.