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Forget stocks, study says Birkin bag is a better investment
Looking for new investment opportunities in 2016? A new study says your best bet is to buy a luxury handbag. Not just any handbag, an Hermes Birkin bag. A symbol […]
S&P 500 down in 2016’s first stock trading
With problems in the China markets today, the S&P 500 Index was down 2.7 percent today, MarketWatch reported. The stocks hit the hardest today spanned a range of industries with […]
S&P 500 closes at a record high, beating ’07 mark
NEW YORK — The stock market has reached another milestone. The Standard & Poor's 500 index closed at a record high Thursday, beating the mark it set in October 2007, a year before the peak of the financial crisis. The S&P rose six points to 1,569, a gain of 0.4 percent, beating its previous record by four points. The index is still shy of its all-time trading high of 1,576. The Dow Jone[...]
Kevin Fusco: Market has corrected, not collapsed
After more than a 10 percent move to the downside, accounting for the worst monthly performance in more than a year, the stock market as measured by the S&P 500 […]
Sean Somerville: Dividend growth strategy can avoid traps
If you learned of an investment that had returned an average of 8.6 percent over the last 25 years — through the tech bubble, the real estate bubble and the […]
Legg Mason’s Miller to step down from day-to-day running of fund
The long-time manager of Legg Mason’s flagship mutual fund, Bill Miller, is stepping down next year. After 30 years at the helm of the Legg Mason Value Trust, the company […]
Stocks slide as Germany cools hope for debt deal
NEW YORK — Stocks opened the week lower Monday after the German government played down hopes that a solution to Europe’s debt crisis was imminent. Expectations that a resolution to […]
Gary S. Williams: Tips on how to gauge a stock’s potential vs. the market
With Wall Street’s recent seismic shifts, true stock jockeys may be tempted to buy on the dips. But this desire raises an important question: Is a low price by itself […]
Stocks jump; Dow notches best gain in 2 weeks
NEW YORK — Stocks posted their biggest jump in nearly two weeks on Tuesday. Investors picked up cheaply priced stocks after fears that the U.S. would slip into a recession […]
Stocks rise broadly, second day of gains
NEW YORK — Stocks are sharply higher in midday trading for the second day in a row. Exxon Mobil Corp. rose the most of the 30 stocks in the Dow […]
Stocks inch higher, shaking off 4 weeks of losses
NEW YORK — It was another day of big swings in the Dow Jones industrial average, but at least Monday ended with a modest gain. The Dow soared 200 points […]
Stocks open higher, breaking 4-week losing streak
NEW YORK — Stocks are opening sharply higher, breaking a four-week losing streak. Many traders are looking ahead to a speech by Ben Bernanke, the Federal Reserve chairman, at an […]
