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 mid-afternoon trade: stocks jump as Wells Fargo boosts banks. Show all posts
Showing posts with label Thursdays mid-afternoon trade: stocks jump as Wells Fargo boosts banks. Show all posts

Thursdays mid-afternoon trade: stocks jump as Wells Fargo boosts Thursdays mid-afternoon trade: stocks jump as Wells Fargo boosts banks

US stocks jumped on Thursday after Wells Fargo said it expects to report a record quarterly profit, providing a ray of hope for the struggling financial sector and adding fuel to the month-long rally.

Friday, April 10, 2009

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