S&P

After Rising To Pre-recession Levels, Stocks Pause; Will Bulls Resume Running?

Mark Memmott — Mon, 28 Jan 2013 16:58:00 +0000

Almost as surely as the sun rises in the east, stories about the stock market hitting new highs are sure to be followed by declines in key indexes.

As Reuters writes, "the S&P 500 on Friday closed at its highest since December 10, 2007, and the Dow ended at its highest since October 31, 2007." Those dates are significant: Officially, the U.S.

The Market's Finally Looking Up: Will It Last?

Chris Arnold — Fri, 16 Mar 2012 20:51:00 +0000

The stock market hit some major milestones this week: The Standard & Poor's 500 index reached its highest level in more than three years, the Dow Jones industrial average settled in above 13,000 — up about 24 percent since early October — and the Nasdaq rose to its highest level in 11 years. Still, the Federal Reserve has been warning not to get too excited about where the economy is headed next.

David Kotok, chairman and chief investment officer at Cumberland Advisors, says there are a bunch of reason for stocks to be rising.

"Europe didn't collapse — that was one," Kotok says.

On Positive Jobs Report, Nasdaq Hits 11-Year High

Eyder Peralta — Fri, 03 Feb 2012 21:49:00 +0000

The better-than-expected jobs numbers released today, sent the markets into positive territory they hadn't seen in years.

The Nasdaq Composite rose to an 11-year high, while the Dow hit its highest reading in almost four years.