Yahoo! Finance News – Ben Bernanke, Beazer Homes, J.P. Morgan, Phoenix, Germany, An Odd New Worry for Investors: A Pickup in Jobs
In Wall Street’s contrary logic, the stock market thrives on a little bad news every now and then. That’s in part because weakness in the economy makes it more likely the Federal Reserve will continue its aggressive loose-money policies, which may be the single-biggest factor fanning a bull market.
Stocks Open Sharply Higher on Wall Street
A jump in home prices is helped send the stock market sharply higher in early trading.
J.P. Morgan Slashes 2013 Metals and Gold Forecasts
Analysts at J.P. Morgan Cazenove lowered the price forecasts for most metals, including cutting the outlook for gold in 2013 to ,595 an ounce from ,745 expected previously.
U.S. Home Prices Rise 10.9%, Most Since 2006
U.S.home prices jumped 10.9 percent in March compared with a year ago, as a growing number of buyers bid on a tight supply of homes helping the housing market recover.
EADS to continue to work with Germany on scrapped drone deal
European aerospace and defence group EADS and partner Northrop Grumman say they will continue to work with the German government on a drone project that Berlin canceled earlier this month.