On Wednesday, the final trading session of 2008, stocks staged a modest rally. Asian markets also ended 2008 on a higher note, with Australia’s S&P/ASX 200 closing up 1.9%, and shares in Europe finished broadly higher too.
The Dow finished at 8776 Wednesday, up 108 or 1.25%, and the S&P was up 12.61 at 903.25, up [...]

Popularity: 17% [?]

Many people thinks that the Santa Claus rally is a result of people buying stocks in anticipation of the rise in prices during the month of January, known as the January effect, usually occurs in the week between Christmas and New Year’s Day.
There are numerous explanations for the Santa Claus Rally phenomenon, including tax considerations, happiness [...]

Popularity: 36% [?]

On Monday, U.S. Stocks were slammed again at the close to end sharply lower after multiple fits and starts, with a September rebound in new-home sales failing to stem ongoing fears of a worldwide recession.
Equities pulled back as crude-oil futures ended Monday’s volatile session down for a second day after earlier rising to $65.77 a [...]

Popularity: 18% [?]