Investment News – NEW YORK, Mike Santoli, J.C. Penney, United States, Futures head higher; markets point to new heights
NEW YORK (AP) — U.S. stock futures are heading higher for the third straight day with a raft of economic indicators on tap, ranging from jobs and consumer debt, to productivity and international trade.
With Dow Industrials at Record Highs, When Will Gravity Take Hold?
Four years and 7,800 points ago, the Dow Jones Industrials were on the run and looking for cover. Fast forward to the present, and we are wiping the champagne from our eyes and toasting an all-time high for the very same index.
J.C. Penney Board Said To Consider Sale Later This Year; Wall Street Bull Slashes Outlook
J.C. Penney’s board is reportedly mulling a sale or firing new CEO Ron Johnson if the plunge in sales doesn’t turnaround, casting fresh gloom on the company.
US stock market isn’t the only one racing ahead
U.S. stocks are not alone in racing ahead this year. Many markets in Europe and Asia are trading at multi-year highs, too, in part because of Wall Street’s rally.The advances in some places have been surprising, …