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Market Wrap for October 29: Dow, S&P 500 Hit New Highs on Hopes Fed Won't Taper Bond-Buying
Tuesday, October 29, 2013 - 5:00pm | 1367Stocks pushed higher Tuesday in a rally that sent the Dow Jones industrials and the Standard & Poor's 500 Index to new highs. The Nasdaq Composite Index finished at a 13-year high. The rally was built on expectations the Federal Reserve will leave its current bond-buying program in place...
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Unemployment Rate No Longer a Good Market Indicator
Friday, July 13, 2012 - 3:35pm | 852By Dennis Dick, PreMarketInfo.com Through the years, the mainstream media has chosen to emphasize different economic reports as the tell-all signal for the future direction of the stock market. Much attention is paid to the GDP, Consumer Confidence, Trade Deficit, Housing and other various...