Investment News – Jeff Macke, Dow Jones, China, RBS, Dow Hits All-Time High: What?s Next for Lofty Stock Market?
In the face of great skepticism and a laundry list of reasons why it shouldn’t be happening, the Dow Jones Industrial Average burst higher in early trading today, eclipsing the previous closing high of 14,164 set on October 9, 2007.
US futures rise; Dow closes in on record high
NEW YORK (AP) — U.S. stock futures are rising after a volatile start to the week and the Dow is again within striking distance of an all-time closing high.
China Bank Securitizing U.S. Loans
Add one more item to the list of products “made in China”: debt backed by commercial mortgages.
RBS plans IPO for U.S. arm Citizens in next two years
LONDON (Reuters) – British state-backed lender Royal Bank of Scotland is set to signal this week that it plans a partial sale of its U.S. bank Citizens this year or next, a source close to the matter said.