|
Top Stories Market Snapshot: U.S. stocks rebound on Facebook U.S. stocks rebound from a week of losses, with shares of Facebook Inc. trading in their trading debut on the Nasdaq.
Currencies: Dollar index slips after 14-session rally The U.S. dollar index edges lower against most major currencies Friday, pulling back a bit after its longest rally since at least 1985, with traders eagerly awaiting news from this week’s Group of Eight meeting.
Earnings Watch: Updates, advisories and surprises A roundup of the latest corporate earnings reports and what companies are saying about future quarters.
Tech Stocks: Tech stocks active ahead of Facebook debut Social networking giant ready to start trading at $38 a share; Yahoo reportedly in deal to sell at least some of its Alibaba assets back to the Chinese e-commerce company.
See All Top Stories >> |
See All Overnight Stocks >> |
See All Ups & Downs >> |
May 18, 2012 11:29 AM EDT
There were no real economic data to chew on. The National Federation of Independent Business, NIFB, released their optimism index, which showed a 1.8% increase in May to 92.2. Don’t get too excited. The IBD/TechnoMetrica Market Intelligence Economic Optimism Index fell 5.1% in June to 46.2 from 48.7. This is a June survey, so it may reflect the fact that the market fell over 10% throughout the month of May. Between the two reports, it was most... full story >>