Goldman Sachs (NYSE: GS) must really want to buy more gold; this week it repeated yet again its forecast for gold prices in 2014 to drop to $1,050 an ounce.
Stock market news today, April 9, 2014: The Dow Jones Industrial Average rose 10 points yesterday to finish at 16,256. The Nasdaq increased 33 points to finish at 4,112, while the S&P 500 added 6 points to end the day at 1,851.
Today, the FOMC will release minutes from its March meeting. Investors are seeking clues on when Fed Chair Janet Yellen and the central bank will exercise an increase in interest rates.
Chalk one up for the good guys.
The IEX exchange, a new stock platform that launched Oct. 25 of last year, was designed to negate the advantage that Wall Street’s high-frequency traders have over everyone else.
The post IEX Exchange Short-Circuits Wall Street’s HFT Cheaters appeared first on Money Morning – Only the News You Can Profit From.
After two years of review and lengthy revisions, all five regulatory agencies unanimously passed the controversial Volcker Rule on Tuesday.
Federal regulators will vote tomorrow (Tuesday) on the Volcker Rule, and this latest draft includes stricter language than Wall Street had expected…
With so many factors triggering market uncertainty, like the timing of the Fed taper and a lackluster earnings season, investors continue to love their dividend stocks – especially with so many raising payouts in October.
It’s an interesting time for dividend seekers. According to Fidelity Investments, corporate cash balances sit at some $1.8 trillion – the highest in history. Yet, payout ratios are still at 50-year lows. That suggests there’s plenty of room for dividends to rise.
Today (Monday), Money Morning Chief Investment Strategist Keith Fitz-Gerald appeared on FOX Business’ “Varney & Co.” to discuss how the big banks are putting Twitter stock on sale, and whether investors should buy once it hits the market.
According to some sleuthing from PrivCo, a New York-based firm engaged in the research of privately held companies, the Twitter IPO date is Nov. 15.
This is a syndicated repost courtesy of Money Morning. To view original, click here. In the biggest Dow Index changes in nearly a decade, Alcoa Inc. (NYSE: AA), Hewlett-Packard Co. (NYSE: HPQ), and Bank of America Corp (NYSE: BAC) are being dumped from the closely watched 30-stock index. Athletic gear maker Nike Inc. (NYSE: NKE)…
For what’s usually a boring August, the stock market today – and, this week – has kept traders busy…