As stocks continue to rise, so do the stakes for Friday’s big summit of Europe’s leaders.
Archive for December 5th, 2011
Some Big-Cap Stocks Find Gains Won’t Stick
Stocks finish modestly higher and Standard & Poor’s places the credit ratings of 15 eurozone countries on negative watch after the close.
Cloud-computing stocks soared Monday in midday trading on the news that SAP made a $3.4 billion cash bid for SuccessFactors, and one analyst said two other companies within the sector were worth a look.
Often above-average volume moving into an equity precedes a large spike in volatility.
Shares of several auto suppliers rose Monday, along with the broader market, on expectations that automakers will continue to increase vehicle production for the rest of this year and into next, boosting demand for the components that go into them.
Sin stocks surge on Wall Street
Stocks of several cloud-computing companies rose on Monday, after German software giant SAP offered to buy Web-based software maker SuccessFactors at a high premium on Friday.