There were no signs of a celebration on Wall Street after the Dow Jones industrial average closed at an all-time high Tuesday. Maybe the memories of the financial meltdown are too fresh, or outlook for the economy is too uncertain.
The Dow Jones industrial average closed at a record Tuesday, beating the previous high it set in October 2007, before the financial crisis and the Great Recession.
Shares of the Indianapolis-based bank finished their first day on the NASDAQ exchange at $28.50, a 75-cent drop from their opening price. The stock had been listed on the thinly traded over-the-counter market.
Insiders at Indianapolis-area companies cashed in millions of dollars of their own companies’ shares this month, a selling spree that might reflect growing sentiment the market rally is ending.
The stock market highs over the past few months have many folks confused.
The Standard & Poor's 500 index closed above 1,500 on Friday for the first time since the start of the Great Recession in 2007, lifted by strong earnings from Procter & Gamble and Starbucks.
Analyst Stephen Volkmann lowered his rating on the engine maker's stock to "Hold" from "Buy," noting that the shares have risen 30 percent from their October lows and are now just 10 percent below all-time highs.
The "fiscal cliff" compromise, even with all its chaos, controversy and unresolved questions, was enough to send the stock market shooting higher Wednesday, the first trading day of the new year.
Kirr Marbach’s ‘mid-cap blend’ outpaces similar Indiana-based investments.
You know the investing climate is unusual when a stock’s dividend yields more than bonds issued by the same company.
Defying decades of investment history, ordinary Americans spooked by the Great Recession have been selling more stocks than they’ve been buying. The selling has not let up despite unprecedented measures by the Federal Reserve to persuade people to buy and the come-hither allure of a levitating market.
Shares of the Pendleton-based company opened Thursday at $15.85 each and climbed to $16.50 by the end of the day. The stock had previously been listed on the thinly traded pink sheets.
Health insurance stocks sank deeper than the broader market Wednesday after President Barack Obama's re-election helped clarify the future of his health care overhaul, a sweeping law that some investors fear will pinch profits.
Major stock-market indexes climbed Tuesday as investors waited for the finish of a closely fought U.S. presidential election.
Stock trading will be closed in the U.S. for a second day Tuesday as Hurricane Sandy bears down on the East Coast. Bond trading will also be closed.
Stocks sank sharply Tuesday morning, driving major indexes to their lowest point since early September, after big-name companies reported weak quarterly earnings and lowered their expectations for the rest of the year.
The Evansville-based packaging products maker raised $470 million by selling 29.4 million shares at $16 apiece.
Economic growth is pitiful. So why are the major stock indexes just a few percentage points shy of an all-time record? Start with two words: Ben Bernanke.
Stocks opened higher Friday, on track to record one of their best weeks since June, after the Federal Reserve stepped in again to help the disappointing economic recovery.
Event organizers say Wall Street isn’t the only place to drum up interest in stocks.
