All Articles Tagged "stocks"
Economic Data Keeps A Lid On Stocks
(Forbes) –Less-than-stellar economic data led U.S. equities lower Thursday as jobless claims unexpectedly rose and and the Philadelphia Federal Reserve’s index of regional manufacturing grew at a slower pace than economists had hoped for. The Philly Fed said manufacturing did grow in June but at a reading of 8, from 21.4 in the previous month, a signal that economic recovery may be easing too much.
The Man Who Made Economics Freaky
(CNN Money) — Had Steven Levitt taught your college Econ 101 lecture, you’d surely remember more of it. The University of Chicago professor takes the basic tools of economics — reams and reams of data, and the understanding that human beings respond to incentives for gain — and applies them to surprising new subjects.
Stocks Set for Higher Open
(CNN Money) –Stocks were set to open higher Thursday as investors prepared for new readings on the labor market and inflation. At 7 a.m. ET, Dow Jones industrial average (INDU), Nasdaq (COMP) and S&P 500 (SPX) futures were all about 0.3% higher. Futures measure current index values against perceived future performance.
3 Funds With South African Exposure
(Smart Money) — The World Cup presents an opportunity for many countries to gain rare exposure on a global stage. It also gives interested investors a closer look at a market they may have overlooked before the event. But investing in South Africa isn’t easy, especially for those looking to do so through a mutual fund.
Stocks Set To Pop
(CNN Money) –U.S. stocks were set to bounce higher at Thursday’s open, rebounding from a downturn triggered by the energy sector. Dow Jones industrial average, Nasdaq and S&P 500 futures were all higher.Futures measure current index values against perceived future performance. U.S. stocks slumped Wednesdayafter investors fled energy shares. The Dow fell 0.4%, the S&P 500 lost 0.6% and the Nasdaq declined 0.5%.
3 Stocks With Large, Growing Dividends
(Smart Money) — Each of the three stocks below has a dividend yield of around 5%. A yield that large is rare, but only by modern standards. The S&P 500 index of large American companies has a yield of just over 2%. Fewer than one in 10 of its members pays more than 5%. Over two centuries ended 2002, however, U.S. shares offered an average dividend yield of 4.9%. The stock market’s recent performance underscores the importance of dividends. The S&P 500 index currently trades close to its level of 12 years ago. An investor who goes a dozen years without price gains while using a 5% dividend yield to buy more shares ends up with a profit of more than 80%, thanks to the power of compounding payments.
With BP’s Stock Rapidly Declining, Is Now The Time To Buy?
(Newsweek) — Apparently we should all be buying BP stock right now. At least that’s the recommendation of the people paid to know these things: financial analysts who follow the company. Of the 17 surveyed by Bloomberg this week, 12 recommended it as a “buy.” Five said hold. None said sell. Of course, analysts rarely label a stock as a sell, and a hold is often construed as nearly the same. Still, seriously? Two days after the stock tanked 15 percent, erasing $30 billion of BP’s market capitalization, and not one analyst thinks you should sell it?
Stocks Extend A Run
(CNN Money) — Stocks gained Thursday, building on the previous session’s advance, as investors looked past some weaker-than-expected economic news and focused on recovery hopes. The Dow Jones industrial average (INDU) gained 46 points, or 0.4%. The S&P 500 index (SPX) rose 5 points, or 0.5% and the Nasdaq composite (COMP) gained 13 points or 0.6%.
Stocks: New Month, Same Malaise
(CNN Money) –Investors return from a long holiday weekend having bid adieu to the Dow’s worst May since 1940. But the issues that caused the collapse haven’t gone anywhere. On Friday, ratings agency Fitch downgraded Spain’s debt to a lower investment grade. The nation’s debt remanins well above junk status, and the move surprised few market watchers, but it pummeled stocks nonetheless, reminding investors that Europe’s debt crisis is far from over.
