10 Updates

Stocks end little changed after Fed rally fizzles

Source: Mail.com, Dec 12 2012, 4:53pm CST

NEW YORK (AP) — Stocks ended the day little changed Wednesday after a rally prompted by the Federal Reserve's latest economic stimulus program fizzled out. The Dow Jones industrial average closed down 2.99 points at 13,245 ...

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Update
10

34 minutes ago

U.S. dollar retreats broadly on caution before Bernanke

Source: Reuters Mobile  |   May 20 2013, 7:58pm CDT

1 of 2. A picture illustration shows U.S. 100 dollar bank notes and Japanese 10,000 yen notes taken in Tokyo August 2, 2011. NEW YORK (Reuters) - The dollar fell against the euro and yen on Monday as traders pared back expectations Federal Reserve ...

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Update
9

2 hours ago

Aust bonds slightly weaker in quiet trade

Source: The Daily Telegraph  |   May 20 2013, 6:27pm CDT

AUSTRALIAN bond futures prices are a touch weaker after a quiet night of trade, with no economic data releases to drive price action. St George economist Janu Chan said the big event for markets this week is the appear ...

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Update
8

22 weeks ago


Quote:
"I don't think you're seeing markets react hugely ... Clearly what is driving markets right now is the fiscal policy. What's holding markets hostage....is uncertainty around the fiscal cliff."


Source: Mail.com

 

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Update
7

2 hours ago

Fed confidence grows as jobs picture in U.S. brightens

Source: Globe and Mail  |   May 20 2013, 6:07pm CDT

U.S. Federal Reserve officials are growing more confident in the U.S. economic recovery, stoking speculation on Wall Street that the central bank is preparing to wean financial markets off a steady diet of Fed cash. Since Septe ...

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Update
6

2 hours ago

Small company stock are a bright spot

Source: Mail.com  |   May 20 2013, 5:37pm CDT

NEW YORK (AP) — Small-company stocks were a bright spot in a subdued start to the week for Wall Street. The Russell 2000, an index of small-company stocks, climbed above 1,000 points for the first time and ended higher Monday, e ...

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Update
5

3 hours ago

How the Dow Jones industrial average fared Monday

Source: Anchorage Daily News  |   May 20 2013, 4:49pm CDT

The Dow Jones industrial average and the Standard ...

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Update
4

4 hours ago

US STOCKS-Wall St ends flat on correction worries

Source: Reuters  |   May 20 2013, 3:48pm CDT

* Yahoo to buy Tumblr for $1.1 bln, vows not to screw up * JA Solar's margin bets pay off, shares surge NEW YORK, May 20 (Reuters) - U.S. stocks ended little changed on Monday, with indexes hovering near record levels as concerns about a correct ...

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Update
3

5 hours ago

UPDATE 1-Fed could end bond buys in autumn if jobs outlook sure -Evans

Source: Reuters Mobile  |   May 20 2013, 3:28pm CDT

CHICAGO May 20 (Reuters) - The U.S. Federal Reserve could continue full-speed ahead on its bond-buying program through the summer, but end it abruptly in the autumn if by then it is confident that the improvement in the jobs outlook is here to sta ...

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Update
2

5 hours ago

Russell 2000 small-company index surpasses 1,000

Source: CBC News  |   May 20 2013, 3:17pm CDT

Small companies took the limelight Monday on a slow but choppy start to the week. The Russell 2000, an index of small-company stocks, rose above 1,000 for the first time. The index is outpacing the Dow Jones industrial average and the S ...

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Update
1

5 hours ago

Any 'Helicopter Money' Will Miss the Economic Target

Source: Wall Street Journal  |   May 20 2013, 2:44pm CDT

Daniel Arbess's advocacy of an overt monetary policy ("Bring on the 'Helicopter Money,'" op-ed, May 15) in which the Federal Reserve sends cash to the Treasury as "an equity investment" is flawed in that it effectively advocates monetizing t ...

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