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 in London. Show all posts
Showing posts with label Dollar falls in London. Show all posts

Dollar falls in London

The dollar fell on Friday, hitting its lowest in five months against a basket of currencies as concerns about the US sovereign rating accelerated a recent drive to move away from the greenback. Concern about the triple-A ratings status of the United States after Britain's outlook was downgraded the previous day triggered a triple-whammy selling in US assets, although signs of a rebound in US equities and bonds emerged on Friday.

Saturday, May 23, 2009

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