S&P http://www.kunc.org en S&P Accuses U.S. Of Suing To Retaliate For Credit Downgrade http://www.kunc.org/post/sp-accuses-us-suing-retaliate-credit-downgrade In a court filing, Standard & Poor's is accusing the U.S. government of using the Justice Department to retaliate for the agency's decision to downgrade U.S. debt in 2011.<p>The accusation by S&P was made while it tried to defend itself in a lawsuit filed against it by the U.S. Wed, 04 Sep 2013 18:32:00 +0000 49191 at http://www.kunc.org S&P Accuses U.S. Of Suing To Retaliate For Credit Downgrade S&P 500 Index Passes 1,700 Mark For First Time http://www.kunc.org/post/sp-500-index-passes-1700-mark-first-time The Standard & Poor's 500 index, the benchmark of America's largest corporations, surpassed 1,700 points for the first time in early trading Thursday. The rise is being tied to a drop in <a href="http://www.npr.org/blogs/thetwo-way/2013/08/01/207861490/weekly-jobless-claims-drop-mortgage-rates-edge-up">weekly jobless claims</a>, as well as assurances from central banks in the U.S. Thu, 01 Aug 2013 14:09:00 +0000 Bill Chappell 47790 at http://www.kunc.org S&P 500 Index Passes 1,700 Mark For First Time S&P Upgrades U.S. Credit Outlook To 'Stable' http://www.kunc.org/post/sp-upgrades-us-credit-outlook-stable Citing improved tax receipts and some steps taken to address the country's long-term budget issues, Standard & Poor's upgraded the United States credit outlook to "stable." As Reuters reports, the credit rating agency said the chance of a downgrade to the country's credit rating is "less than one in three."<p><a href="http://www.reuters.com/article/2013/06/10/us-usa-rating-sp-idUSBRE9590K820130610">Reuters reports</a>:<p><blockquote><p>"The agency raised concerns about the ability of policymakers to tackle long-standing issues due to a deepening of a partisan divide in Washington in the last d Mon, 10 Jun 2013 13:59:00 +0000 45591 at http://www.kunc.org After Rising To Pre-recession Levels, Stocks Pause; Will Bulls Resume Running? http://www.kunc.org/post/after-rising-pre-recession-levels-stocks-pause-will-bulls-resume-running 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.<p><a href="http://www.reuters.com/article/2013/01/28/us-markets-stocks-idUSBRE90R0B520130128" target="_blank">As Reuters writes</a>, "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, <a href="http://www.nber.org/cycles/cyclesmain.html" target="_blank">the U.S. Mon, 28 Jan 2013 16:58:00 +0000 Mark Memmott 39384 at http://www.kunc.org After Rising To Pre-recession Levels, Stocks Pause; Will Bulls Resume Running? The Market's Finally Looking Up: Will It Last? http://www.kunc.org/post/markets-finally-looking-will-it-last 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.<p>David Kotok, chairman and chief investment officer at Cumberland Advisors, says there are a bunch of reason for stocks to be rising.<p>"Europe didn't collapse — that was one," Kotok says. Fri, 16 Mar 2012 20:51:00 +0000 Chris Arnold 24097 at http://www.kunc.org The Market's Finally Looking Up: Will It Last?