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  • Netflix tops S&P 500 in 2013, investors eye earnings report

    The S&P 500 has advanced more than 15.7 percent since the first of the year, defying weak earnings reports and ongoing US Fed speculation. Last week the benchmark gauge hit multiple record highs on the back of strong US job numbers and upbeat financial sector profits. At the centre of the S&P’s far-reaching success has

  • McDonald’s second quarter disappoints

    McDonald’s Corporation (NYSE:MCD) reported its second quarter earnings before the market open on Monday morning. Early in the session shares traded to the downside by 3% as the results failed to meet analyst exceptions. The company reported earnings of $1.38 per share, up 4.5% from $1.32 during the second quarter of last year. Revenue increased

  • S&P 500 hits a new all-time high
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    S&P 500 hits a new all-time high

    July 23, 2013, 11:36 GMT

    Stocks in the US drifted lower on the open as conflicting earnings reports, kept investors on their heels.  Google and Microsoft released earnings after the bell on Thursday disappointing investors with misses on both the top and bottom line.  GE on the other hand, showed that industrials are making headway, giving better than expected guidance

  • Jobs & earnings reports boost US stocks

    The US stock market continued its upward march on Thursday, as the fundamentals aligned to send benchmark indices to record highs. The S&P 500 and Dow Jones Industrial Average surged to fresh record highs following the release of upbeat US job figures and strong earnings reports from Morgan Stanley and UnitedHealth Group Inc. The markets

  • Stocks surge on strong earnings
    Stock market »

    Stocks surge on strong earnings

    July 19, 2013, 10:20 GMT

    Stocks in the US were mixed on the open with the Dow and S&P higher and Nasdaq 100 moving lower.  Earnings after the bell on Wednesday and prior to the opening bell on Thursday were largely positive with IBM, American Express and Morgan Stanley beating expectations, and Ebay coming in worse than expected.  After the

  • Investors weigh Bernanke’s latest testimony

    Federal Reserve Chairman Ben Bernanke had the opportunity to set the record straight Wednesday, following a week of renewed speculation about the future of the Fed’s monetary policy. In a speech that followed last week’s June FOMC meeting minutes, Bernanke told investors that the days of loose monetary policy weren’t over, and that stimulus was

  • Bernanke’s stance on monetary policy remains the same

    Stocks in the US moved higher on the open as confirmation of Bernanke stance on monetary policy remained the same with a dovish tilt. The Chairman later needed to face a question and answer session from the House of Representatives, formerly known as the Humphrey Hawkins testimony. Housing starts were released prior to the opening

  • Google adds primary, social, and promotion tabs to the Gmail inbox

    If you, like me, use Google’s (NASDAQ:GOOG) Gmail email service nearly all day for work and personal contacts, you may have be slightly overwhelmed with the quantity of emails that pour into your inbox day after day. However, Google as always, is looking to make your life a little simpler through an enhanced version of

  • US stocks fall, S&P’s longest rally in 7 months snapped

    The S&P 500 ended its longest winning streak since January after an earnings report from Coca-Cola (NYSE:KO) showed declining profits in the last quarter. Poor sales in North America are largely to blame, as soda sales declined 4 percent. Coca-Cola’s overall North American sales declined 1 percent, despite a boost in the Asian markets, most

  • What will Bernanke’s testimony mean to stocks?

    On Wednesday Fed Chairman Ben Bernanke will testify in front of Congress and deliver his Humphrey Hawkins testimony on the state of monetary policy. The chairman will discuss the current state of the US economy, the monetary stimulus that is currently in place and potentially any fiscal measures that he believes could help the economy