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 Wall Street rallies by corporate earnings. Show all posts
Showing posts with label Wall Street rallies by corporate earnings. Show all posts

Wall Street rallies by corporate earnings

US stocks rallied on Friday as earnings showed companies have weathered the recession and economic data raised hopes the economic cycle may have hit a bottom. Investors were also undeterred by a government release of a much anticipated concept paper on stress tests for the 19 biggest US financial services companies.

Sunday, April 26, 2009

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