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By Robert McCurtain |
May 23, 2013
All major indexes met the requirements for a major technical signal. Here's what to expect now.
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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 Howard Mustoe |
May 22, 2013
Three U.K. business lobby groups told the European Union its proposed financial transaction tax will harm the economic recovery.
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By Press Release |
May 22, 2013
The SEC charged the City of South Miami, Fla., with defrauding bond investors about the tax-exempt status of certain bonds.
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By Susanne Walker and Cordell Eddings, Bloomberg |
May 22, 2013
Treasuries fell, pushing 10-year note yields above 2 percent for the first time since March, after Federal Reserve Chairman Ben S. Bernanke told Congress the Fed may cut the pace of bond purchases at the next few meetings if policy makers see indications of sustained economic growth.
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By Lu Wang and John Detrixhe, Bloomberg |
May 22, 2013
Treasuries tumbled with gold and the dollar rallied, while U.S. equities retreated, as concern grew that the Federal Reserve will scale back its stimulus efforts if the labor market continues to improve.
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By Jeff Kearns and Joshua Zumbrun, Bloomberg |
May 22, 2013
Many Federal Reserve officials said more progress in the labor market is needed before deciding to slow the pace of asset purchases, according to minutes of their last meeting.
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By Adam Satariano, Bloomberg |
May 22, 2013
Tim Cook’s tenure at the helm of Apple Inc. has been a crash course in crisis management. In almost two years since Cook became chief executive officer, Apple has lurched from one reputation-threatening public-relations predicament to the next.
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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.
