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 US stocks market gain on consumer survey. Show all posts
Showing posts with label US stocks market gain on consumer survey. Show all posts

US stocks market gain on consumer survey

US stocks rose on Friday, capping the S&P 500's longest weekly winning streak since 2007, helped by a reassuring report on the mood of consumers and stabilisation in General Electric and Citigroup's quarterly results. The Reuters-University of Michigan survey showed that US consumers have more confidence in the economy than they have had since the sudden collapse of Lehman Brothers in September.

Sunday, April 19, 2009

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