Is the stock market rally of 2012 already over? Nobody knows. But investors might be glad to know that the strong gain in stocks that began last Oct. 4 has survived six other 200-point drops in the Dow Jones industrial average like the one investors endured Tuesday. On Nov. 21, the Dow fell 248 points after a congressional committee failed… (more…)
People are reflected on an electronic board of a securities firm, which shows the yen-dollar foreign exchange rate, a day after after the Bank of Japan weakened its currency to help Japanese exporters, in Tokyo, Japan, Tuesday, Nov. 1, 2011. On Monday, The Bank of Japan says it sold yen and bought dollars during Tokyo trading in order to pull… (more…)
(Reuters) ? Big U.S. Internet computing companies should outshine their plainer PC cousins when earnings season kicks off next week, as corporations and fast-growing Web players dramatically accelerate their pace of hardware spending. Corporations are increasingly turning to new technology to make themselves more productive in a downtrodden global economy. Meanwhile, a social networking and e-commerce boom is spurring massive… (more…)