Investment News – US Federal Reserve, NEW YORK, Peter Tuz, S&P 500, Fed Clears Capital Return From Most Banks, Flags Issues For Four
Fourteen of the 18 banks that must submit to the Federal Reserve’s annual stress tests and capital reviews had their 2013 plans approved by the central bank. Four were not approved
US stocks waver after seven straight gains
NEW YORK (AP) — Stock indexes wavered between small gains and losses on Wall Street following a seven-day rally.
The other Dow record: Dividends
The Dow has been marching to new all-time highs for a week, and dividends for these bluest of blue chips are hot on the heels of a new record too.
S&P’s (Meaningless) Milestone
Just days after this bull market’s fourth birthday, the S&P 500 is mere basis points from its all-time high of 1565.15.