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 New York.. Show all posts
Showing posts with label New York.. Show all posts

Forex outlook: dollar may gain amid slew of data, G20 meeting

Demand for the US dollar will increase next week amid a slew of key economic data from Asia, Europe and Japan, an European Central Bank meeting and a gathering of G20 finance ministers. "Next week is shaping up like a battle royale between dollar bulls and dollar bears fed by heightened volatility and a heavy G7 calendar," said Michael Woolfolk, a senior currency strategist at The Bank of New York Mellon in New York.

Saturday, March 28, 2009

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