Breakfast Bites: Equities are slipping this morning as worries about the prospects for global economic growth brought about by the lack of progress with the sequester and the Chinese government’s policy on housing, has prompted investors to take a step back from equities that are within reach of record highs
U.S. February ISM New York Business Conditions rose to 58.8 from 56.7 the previous month
The $85 billion spending cuts officially started taking effect over the weekend.
Warren Buffett said he was buying stocks now, but not because he thought they would keep going up. Instead, he said he was buying them because they were a good value.
The Chinese government implemented new measures to curb the rise in home prices, including higher down payments and mortgage rates on second homes in some cities and a capital gains tax on existing homes
For today support on the S&P 500 is at 1509/1512...
Ahead of the Bell: Dow futures are trading down 18 points and S&P futures are trading down 2 points on concerns of slowing growth in China and Europe, coupled with the impact of the automatic spending cuts in the US. Investor sentiment was weakened after China said it might raise interest rates which could dampen global growth. According to the second largest economy in the world, it could tighten property controls, potentially stunting the country's demand for raw materials. China also said it could increase required down payments and loan interest rates for buyers in cities where prices are rising too quickly.
On the economic calendar today, no reports are due. The dollar is down against the major currencies. Gold is trading at $1,613. Crude oil is currently trading at $95 a barrel.
Last week; stocks finished up on better than expected economic data and assurance from the...
One of the many ways large corporations innovate is to turn to startups for new ideas, disruptive technologies and implementation.
How does your company access new technologies or bring revolutionary ideas to market? Are you taking full advantage of the pool of talent offered by startups? Are you engaging with the “right” startups?
De AEX-Index®, de bekende graadmeter van de Amsterdamse beurs van NYSE Euronext, viert vandaagzijn 30e verjaardag. De AEX® ging op 4 maart 1983 van start en was de allereerste nationale Blue Chip index in Europa.
De AEX-Index bestaat uit de 25 meest verhandelde ondernemingen op de Amsterdamse beurs. De index bevat ondernemingen uit het topsegment van de beurs, waaronder vele multinationals, zoals Royal Dutch Shell, Unilever, ING Groep, Royal Philips Electronics en ArcelorMittal. De AEX is de graadmeter voor het beursklimaat in Nederland en biedt internationale zichtbaarheid voor de ondernemingen die er deel van uit maken. De AEX-Index werd destijds gelanceerd om derivaten op te verhandelen, zoals opties en futures. Door de jaren heen groeide het aantal producten op de index snel. Momenteel zijn er al meer dan 1000 producten aan...
General Electric, The March of Dimes and the New York Stock Exchange came together on Thursday, February 28th, to kick off the 2013 March for Babies. The event at the NYSE was just the beginning of what hopes to be a galvanizing 75th anniversary of an fundraiser that raises monies to help premature babies have a chance at a healthy life.
Bill Fitzgerald, General Manager of Commercial Engines Operation at GE Aviation and National Chairman of March for Babies along with Dr. Jennifer L. Howse, President of the March of Dimes, were at the closing bell. They were joined by a very special guest - eight-year old Nina Centofanti, March of Dimes 2013 National Ambassador, born premature weighing 2 lbs., 15 oz. She and her family rang the bell.
Since its founding in 1938 by President Franklin D. Roosevelt to defeat...