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General Motors shares jump on Wall Street return

General Motors shares jump on Wall Street return

The GM IPO could wind up as the largest in history. Earlier this week, GM raised the high end of its initial price range from $29 to $33 and increased the number of shares it was offering from 365 million to 478 million common shares because investor demand was so high. Counting preferred stock issued by the company, the deal's value could top $23 billion.

 

Stocks hit new highs for year

The Federal Reserve wanted to push interest rates lower and jump-start financial markets with its $600 billion economic stimulus plan. So far the Fed is getting the results it wants.

 

Markets Higher as U.S. Goes to the Polls

Investors are awaiting the outcome of the midterm elections and the Federal Reserve’s two-day meeting amid speculation over stimulus programs.

 

Dow jumps 100 points

Stocks rallied Wednesday as investors continue to anticipate more stimulus measures from the Federal Reserve.

 

Jobs Report Good Enough For Stocks As Dow Tops 11,000

Jobs Report Good Enough For Stocks As Dow Tops 11,000

Traders tiptoed around stocks early Friday as they absorbed the government's jobs report, but the market flipped a switch mid-morning and settled into a rally mode that pushed the major indexes up to their best levels since May.

 

Stocks Jump on Durable Goods Report

Stocks Jump on Durable Goods Report

Traders were encouraged that orders for manufactured goods excluding the volatile transportation sector rose sharply last month.

 

Stocks Carry July Momentum Into August

New month starts higher after European bank profits boost U.S. financials.

Senh: Can we finally get close to 11,000. Only about 300 points to go.

 

Stocks Soar As AT&T, Caterpillar Raise Forecasts

Stocks Soar As AT&T, Caterpillar Raise Forecasts

The economy won out over earnings season Wednesday, when a round of mostly better-than-expected reports couldn't stop a triple-digit slide in the Dow Jones industrial average.

 

Stocks surge after Alcoa, CSX report strong profit

Stocks rose sharply Tuesday after earnings reports from Alcoa and CSX reassured investors about the pace of the economic recovery.

 

Wall Street Stages Biggest Rally Since May

Wall Street Stages Biggest Rally Since May

The stock market staged its biggest rally since May on Wednesday, driving the Dow Jones industrial average above 10000, as investors rushed to buy blue-chip shares near their lowest levels this year. The hope was that coming quarterly ...

 

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