By Sinead Carew NEW YORK (Reuters) – Global equities dipped on Thursday as investor enthusiasm was dampened by a pullback in oil prices related to rising inventories, while the dollar rose as economic data drove expectations that the Federal Reserve will raise interest rates. The U.S. S&P 500 <.SPX> ended down, led by an 1.8 Read More
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The Dow Jones Industrial Average (^DJI) made a fresh high, joining its cousin the S&P 500 (^GSPC) and now we await the Nasdaq (^IXIC) to push above 5,048. Instead of celebrating prosperity here’s what the media is likely to do which is the wrong attitude. Trot out the usual cast of fearmongers to tell everyone Read More
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stock index futures were little changed on Thursday ahead of a flurry of economic data, after the Dow edged up to a new record a day earlier while the Nasdaq snapped a 10-session winning streak. * Investors were looking ahead to data on the labor market and Read More
It was widely noted yesterday that the NASDAQ (NASDAQ: .IXIC) has been up 10 days in a row, but several other indicators seem a bit stretched as well. By “stretched” I mean many big indices are far above their 50-day moving averages. Typically, when these indices get too far from that average, there is a Read More
The rise in tech stocks in 1999 and 2000 was the biggest bubble “any of us will experience in our lives,” billionaire Jeff Vinik told CNBC on Wednesday. With the Nasdaq Composite (NASDAQ: .IXIC) at 15-year highs again and the Dow Jones Industrial Average (Dow Jones Global Indexes: .DJI) and the S&P 500 (INDEX: .SPX) Read More
Stocks were mixed at midday Tuesday as the Dow (^DJI) and S&P 500 (^GSPC) touched new highs and chatter grew louder about “Nasdaq 5000 (^IXIC).” If things stay the way they are (more or less) right now, today will not be the day to pop the champagne over the Nasdaq. Yahoo Finance’s Jeff Macke says Read More
It has taken an amazing 15 years for the Nasdaq (NASDAQ: .IXIC) to reach new highs, and now Jim Cramer is hearing chatter of a new bubble forming. So, what? “First, let me just say that it does your career no harm to call this move a bubble. If the market implodes, you look like Read More
Stocks are flatter than the Oscar telecast this morning as investors continue to play out the clock in what is turning out to be a sneakily huge February. Here’s what you need to know as we get cranking up on a Tuesday: 1. Stocks were lower yesterday except for the Nasdaq (^IXIC) which inched slightly Read More
The market isn’t as frothy as it was in 2000, but it’s very expensive comp_0224 MA MB MC MD ME MG MP MZ ZG ZQ ZR ZS ZT ZU Though the NASDAQ Composite (^IXIC) has finally clawed its way back to the 5,000 level it hit at the top the Internet bubble in March 2000, Read More