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By Inyoung Hwang, Bloomberg |
March 5, 2013
The Dow Jones Industrial Average rose to its highest level ever, erasing losses from the financial crisis after a four-year rally fueled by the fastest profit growth since the 1990s and monetary stimulus from the Federal Reserve.
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By Stephen Kirkland and Leslie Picker, Bloomberg |
February 21, 2013
Global stocks tumbled the most since November and commodities fell as a report signaled the euro- area’s economy contracted more than forecast and concern grew that the U.S. Federal Reserve may slow the pace of stimulus.
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By Nikolaj Gammeltoft and Sarah Pringle, Bloomberg |
February 20, 2013
U.S. benchmark stock indexes tumbled from five-year highs while oil, gold and silver led commodities lower as minutes from the Federal Reserve’s last meeting showed policy makers debated the risks and benefits of bond purchases.
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By Adria Cimino and Leslie Picker, Bloomberg |
February 13, 2013
U.S. stock futures rose, indicating the Standard & Poor’s 500 Index will extend a five-year high, as President Barack Obama proposed spending on infrastructure and environmental projects in his State of the Union address.
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By Margaret Talev and Mike Dorning |
February 12, 2013
President Obama addressed the deficit, spending cuts, unemployment, a minimum wage spike and other potentially market-moving topics in his annual State of the Union address to Congress.
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By Shobhana Chandra, Bloomberg |
February 8, 2013
The trade deficit in the U.S. narrowed more than forecast in December, led by record exports of petroleum that gave the world’s largest economy a boost at the end of 2012.
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By Inyoung Hwang |
February 1, 2013
U.S. stocks rallied for a fifth week, with the Dow closing above 14000, on improvement in the labor market and better-than-expected earnings from key companies.
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By Shobhana Chandra, Bloomberg |
February 1, 2013
Manufacturing in the U.S. expanded more than forecast in January, reaching a nine-month high and showing the industry is starting to improve.
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By Shobhana Chandra, Bloomberg |
January 30, 2013
The economy in the U.S. unexpectedly shrank in the fourth quarter, restrained by the biggest plunge in defense spending in four decades and dwindling inventory growth, as household purchases picked up.
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By Stephen Kirkland and Susanne Walker, Bloomberg |
January 28, 2013
Treasury 10-year yields touched 2% for the first time since April after U.S. durable-goods orders climbed more than forecast. The Standard & Poor’s 500 Index retreated following an eight-day rally, its longest since 2004.
