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 early afternoon trade: data boosts Wall Street. Show all posts
Showing posts with label Wednesdays early afternoon trade: data boosts Wall Street. Show all posts

Wednesdays early afternoon trade: data boosts Wall Street

US stocks rose on Wednesday following factory and home sales data that may point to a healthier economy later in the year, boosting investor optimism. Shares of big manufacturers Caterpillar Inc and US Steel Corp rose sharply after data showed factory activity in March fell at a slower rate than the month before, while pending sales of existing homes rose in February amid further price declines.

Thursday, April 2, 2009

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