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: Wall Street slips. Show all posts
Showing posts with label Wednesdays afternoon trade: Wall Street slips. Show all posts

Wednesdays afternoon trade: Wall Street slips

US stocks retreated on Wednesday as technology shares fell after news IBM is planning layoffs and a disappointing Treasury note auction raised concerns of flagging foreign interest in US government debt, which could bode poorly for the economy. The news overshadowed an early rally after unexpected increases in home sales and orders for durable goods fuelled hopes the economic downturn may have found a bottom.

Thursday, March 26, 2009

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