Stocks are a share of the ownership of a company. If the company does well, or even if everyone thinks the company is going to do well, the price of the stock goes up. In addition, many companies give a little dividend payment each year to the stockholders, which provides extra value.
Showing posts with label Dollar falls as stock rally. Show all posts
Showing posts with label Dollar falls as stock rally. Show all posts

Dollar falls as stock rally

The US dollar and yen fell sharply on Thursday as fresh efforts by world leaders to fight the economic crisis spurred optimism and gains in stocks on Wall Street eroded safe-haven flows into the two currencies. The euro jumped above $1.35, getting an additional lift after the European Central Bank cut interest rates less than expected and made only vague hints that it could adopt more aggressive means to boost growth.

Saturday, April 4, 2009

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