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 Thursdays afternoon trade: Wall Street surges. Show all posts
Showing posts with label Thursdays afternoon trade: Wall Street surges. Show all posts

Thursdays afternoon trade: Wall Street surges

US stocks jumped on Thursday as changes in bank accounting rules boosted optimism the financial system may stabilise in the short term, while world leaders agreed on measures to fight the recession. US regulators relaxed rules on how banks price assets, which had shaken financial institutions with hefty write-downs, and leaders of the G20 announced an additional trillion dollars to support the International Monetary Fund and boost trade.

Friday, April 3, 2009

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