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Stocks

“Stocks close at records after strong data, earnings”

“The S&P 500 was up nearly 2% for the week. The Dow rose 1.8%, and the Nasdaq climbed 2.3% on a weekly basis. Here’s where the markets settled at the end of regular equity trading: S&P 500 (^GSPC): +0.39% or… Continue Reading…

Stocks

“U.S. stocks climb again in Santa Claus rally as all three main indexes close at records”

“U.S. stocks powered higher again Thursday, helped by reports of record year-end retail sales… How are benchmarks performing? The Dow Jones Industrial Average DJIA, +0.05%   rose 105.94 points or 0.37% to 28,621.39 and has gained for 9 of the past 11 trading… Continue Reading…

Economy, Stocks

“Dow closes at record high as Disney pops more than 7%”

“The Dow Jones Industrial Average hit an all-time high on Wednesday as Disney shares popped while investors digested testimony from the top-ranking Federal Reserve official.  The 30-stock average closed 92.10 points higher, or 0.3% at 27,783.59, notching intraday and closing records. Disney jumped 7.4%… Continue Reading…

Economy

“Mexican economy stagnates in second quarter…”

” Mexican gross domestic product was unchanged in the second quarter from the preceding three months, slightly weaker than a preliminary estimate published last month, data from the national statistics agency INEGI showed on Friday. The figures showed the Mexican… Continue Reading…

Economy, Stocks

“S&P 500 and Nasdaq close at record highs after strong GDP report”

“The S&P 500 climbed 0.5% to 2,939.88, an all-time closing high. The tech-heavy Nasdaq ended the day up 0.3% at 8,146.40. The Dow Jones Industrial Average rose 81.25 points to 26,543.33 and closed 1.5% below its all-time high. First-quarter gross… Continue Reading…

Economy, Stocks

“S&P 500, Nasdaq post record closing highs”

“The S&P 500 (^GSPC) rose 0.88%, or 25.7 points, as of market close to reach 2,933.68. This exceeded the index’s previous record close of 2,930.75, but remains below the index’s all-time intraday high of 2,940.91. The Nasdaq (^IXIC) rose 1.32%,… Continue Reading…

Economy

“American retailers already announced 6,000 store closures this year. That’s more than all of last year”

“This year, US retailers have announced that 5,994 stores will close. That number already exceeds last year’s total of 5,864 closure announcements, according to a recent report from Coresight Research. Bankruptcies in the retail sector are piling up and chains… Continue Reading…