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Apple stock hits new high after 4-month dip

  Apple’s stock has hit a new high after a four-month swoon, as investors are looking ahead to the release of a new iPhone model, and possibly a smaller iPad. Already the world’s most valuable company, Apple Inc. saw its stock hit $644.13 in morning trading Friday, before retreating to $642. The previous high for… Continue Reading Apple stock hits new high after 4-month dip

Wall Street’s wildest week since 2008 continued with another 300-point move for the Dow on Thursday. This time, stocks shot up after investors saw small signs that the economy isn’t headed into another recession. Fewer Americans joined the unemployment line last week and a technology bellwether said revenue could grow faster this quarter than analysts… Continue Reading Stocks rise on small but positive economic signs

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U.S. stock futures tumbled Monday amid a rout in global stocks after Standard & Poor’s downgraded the U.S. credit rating for the first time. S&P cut the long-term debt rating for the U.S. by one notch to AA+ from AAA late Friday. The move wasn’t unexpected, but it comes when investors are already feeling nervous… Continue Reading US stock futures tumble after S&P downgrade of US

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The U.S. stock market took a big hit amid worries of declines in consumer confidence, lackluster global economic growth and fears of a declining euro. The stocks that took the biggest hits were industrial and technology – widely viewed as riskier stocks. The concerns sent investors to “safety assets,” sending the dollar, gold and Treasurys… Continue Reading Stocks decline on fears of slow global growth

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