Stocks Rally as Fed Launches QE3
Stocks surged in trading today, finishing at multi-year highs, as the Federal Reserve announced a new bond buying program to spur economic growth. The Dow Jones ended the day 1.55% higher at 13,539.86, the...
Tagged: FCX
Stocks Tumble in Early Trading
Stocks are sinking in early trading today as investors digest a weaker than expected jobs report for the month of March. The March jobs report, which was released last Friday, showed that the U.S....
Stocks Rise Sharply after Bernanke Comments
Stocks have risen sharply in early trading today after the Federal Reserve Chairman Ben Bernanke suggested that the central bank would continue with its monetary policy even though the labor market is improving. The...
Stocks Sharply Lower in Mid-Day Trading
Stocks are sharply lower in mid-day trading as global growth worries continue to weigh down investors’ sentiment. The concerns have overshadowed some better than expected economic data in the U.S. At last check, the...
Freeport-McMoRan Copper & Gold fourth-quarter results reflect strong operating performance in the Americas and in Africa
Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) Reports Fourth-Quarter and Year Ended December 31, 2011 Results Net income attributable to common stock for fourth-quarter 2011 was $640 million, $0.67 per share, compared with net income...
Stocks End Sharply Higher on Earnings Optimism
Stocks rose sharply in Tuesday’s trading session as a strong start to the U.S. corporate earnings season lifted investors’ sentiment. The Dow Jones ended the day 0.56% higher at 12,462.47, the S&P 500 ended...
Stocks Surge after Central Banks’ Action to Boost Liquidity
A joint move by top central banks, including the Federal Reserve and the European Central Bank, sparked a huge rally in U.S. and European equity markets. Stocks were also pushed higher after China slashed...
Stocks Headed for a Strong Finish as Investors Cheer Bank Liquidity Move
Stocks are headed for one of their strongest finishes in months after top central banks, including the Federal Reserve, announced that they will take coordinated action to boost liquidity in the financial system. Stocks...
Stocks Extend Losses in Late Trading; Dow Jones Sheds More than 350 Points
Stocks have extended their losses in late trading, with all three major indexes near session lows. Investors are continuing to take risk off the table as they remain worried about the debt crisis in...
Stocks Continue to Tumble in Mid-Day Trading
Stocks have continued to their slide in mid-day trading, with all three major indexes down sharply currently. Stocks have been pushed lower on renewed worries over the euro zone after Moody’s cut Spain’s credit...