S&P

Traders work on the floor of the New York Stock Exchange

U.S. Equity Strategy: Intermediate-term low is near

RBC Capital Markets said the ultimate low in the U.S. equity markets might not have been reached, but a bottoming process has probably started. The brokerage said most of the technical indicators suggest that an intermediate-term low is near. Readings from sentiment, positioning and internal momentum indicators reveal much more damage under the hood than at the index level.

Banking M&A to Heat Up in 2011: Analysts

M&A
The merger and acquisition activity in the banking sector is expected to pick up in 2011 as banks are expected to face several revenue growth headwinds in the coming days.
More news

Four reasons why US stocks will scale new highs in 2011

U.S. stocks recorded solid performance in the second half of the last year though the early part of the year was jittery. While the Dow Jones Industrial Average rose 11 percent, the Nasdaq Composite gained 17 percent and the Standard & Poor's 500 index rose 13 percent. Where do U.S. stocks go from here? There are analysts who think stocks are poised to show further gains this year.
IBTimes Logo

Carry trade vs S&P 500: which one outperformed?

It’s not exactly groundbreaking research, but PIMCO’s Mark Taborsky and Sebastien Page just released a well-constructed chart illustrating the outperformance of the carry trade versus the S&P 500 in the last decade.
Governor Chris Christie speaks at the Groundbreaking Ceremony for Cooper Medical School of Rowan University in Camden, N.J. on Wednesday, Oct. 27, 2010.

S&P cuts New Jersey bond rating

Ratings agency Standard & Poor's downgraded New Jersey bon d rating by one notch to “AA-“ from “AA” (both with stable outlooks).
IBTimes Logo

US stocks open with gains on deal news

U.S. stocks advanced in early trade on Monday with the S&P 500 Index gaining 4.88 points, or 0.37 percent, to trade at 1,315.75 at 9:50 a.m. EDT. The Dow Jones Industrial Average advanced 36.63 points, or 0.30 percent, to trade at 12,128.78. The Nasdaq Composite Index gained 0.31 percent.

US Stocks Higher on Earnings, Consumer Spending

Dow Jones Index was up 21.99 points, or 0.19 percent, to 11,845.69 and the S&P 500 index rose 4.54 points, or 0.36 percent, to trade at 1,280.88. Meanwhile, Nasdaq gained 0.39 points, or 0.01 percent, to 2,687.28.
IBTimes Logo

Gold steadies off 4-month lows, China demand to rise strongly

The China Gold Association estimates... that the demand for gold in the first half of the year will rise by 15 percent year on year, citing growing demand for alternative investments and protection against inflation, said Commerzbank in a note.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.