The first upside target for the Dow is 13,900, even though many will focus on the psychologically convenient round number target of 14,000.
Archive for March 26th, 2012
Shares of the two largest cruise operators Royal Caribbean Cruises Ltd. and Carnival Corp. climbed on Monday as an analyst said people in North America seem to be booking more trips.
Sector follows Wall Street’s lead, with crude futures also supplying a bit of support.
Shares of Morgan Stanley, MetLife lead sector higher after Fed chairman comments indicate cheap-money policies aren’t going away any time soon.
Stocks leapt to one of their biggest gains of the year Monday after Federal Reserve Chairman Ben Bernanke suggested that the economy still needs help to produce faster job growth.
Stocks extended their rally Monday as Fed Chairman Ben Bernanke’s speech on the economy gave investors reason to believe interest rates will stay low and even signaled that further quantitative easing from the central bank may be on the horizon.
Last fall, comedians making light of Occupy Wall Street were forced to tread lightly and provide balance on both sides. Now, as a widely seen commercial from Interactive Brokers shows, it may be open season on the movement.
U.S. stocks rise sharply in early trading Monday, rebounding from last week’s losses, after a speech from Federal Reserve Chairman Ben Bernanke signaled the central bank is committed to a monetary policy that’s helped buoy stocks for three years.
Stocks Gain on Bernanke Comments U.S. stocks rose after remarks on the U.S. labor market from Bernanke and a round of positive German economic data. More From MarketBeat Bernanke Notes Labor Market Concerns Euro Tops $1.33 | U.S.
Shares of Microsoft led a tech sector rally as the broader market advanced on Fed Chairman Bernanke’s comments on the economy.