The Dow topped 14,000 Friday morning. And while you would think this would be cause for raucous celebration, traders on StockTwits were humming the opening track off Miles Davis' classic "Kind Of Blue" album: So what?
Looking for my 'Dow 14,000 - Thank You Bernanke' T-shirt $DJIA
You mean to tell me that you think the Federal Reserve is pumping this market up to irrationally exuberant levels with its wanton spending on MOREPaul R. La Monica - Feb 1, 2013 12:18 PM ET
It was 25 years ago today when Wall Street suffered one its biggest market crashes in history.
On October 19, 1987, the Dow Jones industrial average (INDU) tumbled 508 points, losing more than 22% of its value and marking the second-largest percentage loss in a singly day. (The worst was when the Dow lost 24% on December 12, 1914, when the New York Stock Exchange reopened after having been closed for MOREHibah Yousuf - Oct 19, 2012 2:53 PM ET
Investors continued to punish Hewlett-Packard (HPQ) Thursday, a day after the company issued a grim outlook for 2013.
Hewlett-Packard extended the previous day's decline, after getting hammered on Wednesday. The stock has had a rough year, sinking more than 40% so far. That makes HP the worst Dow (INDU) performer by far this year.
In fact, it's been a tough couple of years for HP as the company struggles to stay MORECatherine Tymkiw - Oct 4, 2012 12:47 PM ET
Investors might want to stop and thank the iPhone 5's clamoring herds for a boost to their stock portfolio this year.
Shares of Apple (AAPL) have surged 74% this year, helping the S&P 500 (SPX) log a respectable 16% increase. Take Apple out of the mix and the broad index would only have gained 14%, according to research from S&P/Dow Jones Indices.
Apple accounts for nearly 5% of the market cap of MOREMaureen Farrell - Sep 21, 2012 2:11 PM ET
Global demand for U.S. securities is still strong, with China remaining the largest foreign holder of U.S. debt, according to the Treasury Department's latest report on foreign holdings.
The U.S. government's top international creditor continued to add to its holdings, albeit modestly, according to the July Treasury International Capital report, which measures the flow of funds into and out of U.S. securities, including Treasuries, agency-backed securities, corporate debt and stocks, MORECatherine Tymkiw - Sep 18, 2012 12:44 PM ET
Is the Fed really that powerful? One look at CNNMoney's Fear & Greed Index says yes.
Early Friday, the index surged to 94! That's a record high for the index, with data available since 2004.
The index has been in 'extreme greed 'territory for the past week, as investors have been betting that central bankers around the world would do something to inject life into the sluggish global economy. And boy have MORECatherine Tymkiw - Sep 14, 2012 12:49 PM ET
Securities regulators in Spain and Italy both instituted short-selling bans Monday as financial markets tumbled.
The move is designed to limit the downward pressure on markets by preventing investors from betting against shares of certain companies.
The ban in Italy applies only to short positions in shares of banks and insurance companies, according to the Commissione Nazionale per le Società e le Borse, or CONSOB.
Spain's Comisión Nacional del Mercado de Valores (CNMV) MOREBen Rooney - Jul 23, 2012 10:44 AM ET
A spate of good earnings reports seems to be doing the trick...for now.
CNNMoney's Fear & Greed index has only been in greed mode twice since April 5, when worries about Europe finally topped out (although that was short lived).
Any reading above 55 signals investors growing more optimistic. The index got there earlier this month. On July 5, it hit 58. Investors were feeling pretty good after celebrating America's independence and MORECatherine Tymkiw - Jul 19, 2012 4:17 PM ET
Investors continue to diss stocks, as they grapple with worries about Europe's debt problems and signs of a slowing global economy.
U.S. stock mutual funds lost $620 million during the week ended June 13, according to the Investment Company Institute. Tallying it up, that means investors have yanked money out the stock market for 16 of the last 17 weeks.
Interestingly, investors added money to U.S. stocks during the final week of May MORECatherine Tymkiw - Jun 21, 2012 3:18 PM ET
Investors went back to bailing out of the stock market during the first week of June, as worries about sluggish U.S. job growth and ongoing debt problems in Europe kept investors on edge.
U.S. stock mutual funds lost $3.1 billion in the week ended June 6, according to the Investment Company Institute. That marks the 15th out of 16 weeks that investors have yanked money out. In an unexpected twist, investors MOREHibah Yousuf - Jun 13, 2012 3:52 PM ET
Not a member yet?Sign up now for a free account
|This concrete can trap CO2 emissions forever|
|103 Uber drivers accused of sexual assault or abuse|
|Stockton, California to give $500 in basic income to some residents|
|3 reasons to retire as early as you can|
|You won the $1.5 billion Powerball! Here's your tax bill|