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 Wednesdays afternoon trade: US stocks move higher. Show all posts
Showing posts with label Wednesdays afternoon trade: US stocks move higher. Show all posts

Wednesdays afternoon trade: US stocks move higher

US stocks rose on Wednesday as a proposed take-over in the homebuilder sector boosted optimism about share valuations and technology shares jumped on hopes of a recovery in both business and consumer spending. News of government aid for some life insurers also helped underpin sentiment, along with news that Pulte Homes would buy Texas-based builder Centex for $1.3 billion in stock.

Thursday, April 9, 2009

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