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The Dow slid almost 400 points today after a scare went through the World Markets. The French markets started the slide, by freezing assets of mortgage companies that are about to go bankrupt. After a quick morning slide, the US markets seemed to be gaining some of that slide back. However, as more of the […]
Rupert Murdoch has officially bought Dow Jones, adding to his ever growing list of news sites and business resources. This recent buy, just in time for his new FoxBusiness venture, will help Murdoch to further his global hold on the news, both economically and globally. In other news, the price for crude oil soared to […]
Thanks to a Blue Chips deal involving Verizon, the Dow was pushed to a new record today…It closed at 13.950.58, after reaching a high only 11 points shy of the 14k mark. Look for us to be one of the first to publish news if the Dow does break the 14k mark!
The family that controls Dow Jones & Co, the parent of the Wall Street Journal, has announced that they will consider an offer from Rupert Murdoch to buy the company. They are also considering options from other potential buyers. Look for the stocks of these two to be mixed tomorrow, depending on if an offer […]
There are several things happening in the economic world that is helping to push the stock markets to new record highs. First off, after a huge sell off of China’s stock market yesterday, it has rebounded tremendously. However, yesterday’s sell off did not hurt the US markets, which instead reached another all time high. The […]
The Dow set ANOTHER record today, crossing the 13,000 mark for the first time ever. This surge was due to great economic news, profits from businesses, and better than expected results in the US economy as a whole. After reaching 13,036.99, the Dow retreated to just under 13,000. As of mid morning, […]
By showing just how strong the economy is running, the Dow closed over 12,800 for the first time ever on Wednesday. The Dow moved as high as 12,838 before slipping back down to around 12,803. This lift was mainly due to large companies like Caterpillar and JPMorgan Chase, which itself saw a 55% […]
The Dow has been trading up near record high territory again today. The all-time closing high is just over 12,786, and currently the Dow has already seen 12,790 today. Currently the Dow is hovering around 12,781. This climb is due to good news coming from the housing markets showing an increase in […]
As we predicted yesterday, the markets rebounded strong, with the Dow finishing up over 68 points!!! Hopefully this trend will continue on Friday, and in through next week, as the Dow approaches another all time high!
US markets again took a deep dive Monday morning, but by midday had seemed to gain some of that dive back. This stabilization can be looked at as the first of the end of the effects caused by last week’s major hit. As investors and companies alike re-evaluate their holdings, look for the […]