Tag Archives: Wall

Is Wall Street Like a Used Car Lot?

A board above the trading floor of the New York Stock Exchange shows the Dow Jones industrial average closing number above 21,000 on Wednesday. (RICHARD DREW/AP) By Steven Pressman In 1792, before there was the Internet, the telephone or even the telegraph, securities trading began on Wall Street. A small group of dealers, who met under a buttonwood tree on ... Read More »

Wall Street Dragged Lower On Tech Stocks; China Tension Weighs

Analysts said investors were anxious and turned to defensive sectors in stocks as well as US Treasuries. New York: US stocks fell on Friday, weighed by a more than 4 per cent drop in Oracle shares, while recently battered stocks in the real estate and utilities sectors posted the largest gains. Oracle dropped 4.3 per cent to $39.10 after its ... Read More »

Wall Street Snaps Up Shares in Late-Day Scramble

Wall Street moved higher on Thursday, adding momentum to a recent recovery as the energy and financial sectors emerged into positive territory for the year. The S&P 500’s increase was the most recent in four weeks of mostly steady gains that have left the index down 2.5 percent in 2016 after the worst January since 2009. It was the second ... Read More »

It Can be Healthy to Let Your Kids Put up a Wall

Image credit: Istock I am 10 years old and sitting in the storage space under my platform bed. It’s a good-sized structure, taking up about a quarter of the living room. It’s dark under there except for the nightlight that I have plugged into the wall, a green Christmas bulb screwed into its top. I can hear my parents talking ... Read More »

Bulls Chalk One Up after Late-Day Surge on Wall Street

U.S. stocks mounted a late-session rally to close higher on Wednesday after an increase in oil prices helped reduce investors’ fears about banks’ vulnerability to energy companies struggling to pay their debts. Nine of the 10 major S&P sectors rose, with the materials index up 0.99 percent. The S&P energy sector gained 0.9 percent, trimming its loss in 2016 to ... Read More »