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U.S. stocks were mostly higher on the final trading day of May, as both the S&P 500 and Dow indices close at record highs, despite disappointing consumer spending data reported on Friday morning. Loretta Mester, the soon to be Cleveland Fed President argued in a speech the importance of...

U.S. stocks rose on a light volume trading session following a three day weekend. Regardless, the S&P 500 index hit a new intraday all time high of 1,912.28. Tuesday's trading session saw the release of mostly positive economic data including durable goods and the S&P/Case-Shiller...

U.S. stocks rose at the opening bell and continued to rise throughout the trading session. Investors and traders breathed a sigh of relief when the Federal Reserve indicated a rate hike is not likely in the short term. According to the Fed, it is examining multiple strategies to tighten its...

U.S. stocks finished higher as the Dow approached its all time high of 16,631.60. The index trading on Tuesday as high as 16,559.39. The S&P 500 index is also not that far away from its all time highs of 1,897.28. The Federal Open Market Committee began its two-day meeting in Washington....

In an effort to force Moscow to backtrack on its actions in Ukraine, the US and Europe have imposed more economic sanctions against Russia. The sanctions, designed to target government individuals and businesses linked to President Vladimir Putin, were not as strict as some were expecting which...

The earnings crunch continues this week. Among the highlights will be scheduled quarterly reports from Exxon Mobil and Chevron, from Bristol-Myers Squibb and Merck, from Time Warner and Viacom, and also from Twitter. Early Thursday, Exxon Mobil (NYSE: XOM) is expected to say that it had earnings...

Samsung (OTC: SSNLF), the South Korean electronics giant, sells more smartphones than anyone. According to market research firm, Strategy Analytics, the company shipped 319.8 million units in 2013, most of them powered by Google's (NASDAQ: GOOG) Android operating system. Perhaps not for long...

U.S. stocks traded lower as investors worry Russia's next step in its use of military force in Ukraine. The Dow saw its worst day in a month while other major indices finished noticeably lower. Investors moved away from equities and found what is believed to be a safe haven in gold and other...

Android giant, Samsung (OTC: SSNLF) may have stolen thunder with the launch of its long-awaited Galaxy S5 Monday at the Mobile World Congress in Barcelona, but as keen observers noted, Mozilla had a little thunder-stealing of its own up its sleeve. With all the attention on Samsung, not...

U.S. stocks rose as investors as the S&P 500 traded at new historical highs and clearing its 2014 losses. Investors shrugged off disappointing earning reports and economic data and chose to focus on several prominent merger and acquisition activities. The S&P 500 hit a new intra-day...

Over the past 15 months, Apple (NASDAQ: AAPL) has bought more than 20 relatively small companies that seem to have one thing in common: the products are intended for living room use. One of the company's Apple acquired reads body movements, another recommends TV programs. Several others offered...

U.S. stocks overcame mixed economic data and earning reports as the S&P 500 inches towards new all time highs and the Dow recorded an almost triple digit point gain. Jobless claims declined less than expected while consumer prices met expectations and rose slightly. Data from the...

Chinese smartphone maker, ZTE Corp. (OTC: ZTCOY), as expected, will unveil a plethora of new and updated devices at the Mobile World Congress in Barcelona, Feb 24, according to a company press release. First, there will be the Grand Memo 2 LTE, a follow-up to a device launched at last year’s...

Microsoft (NASDAQ: MSFT) has officially announced that Satya Nadella has replaced Steve Ballmer as CEO. The news follows a number of reports claiming that Nadella would receive the job. Up until now, Nadella was the Executive VP of Microsoft's Cloud and Enterprise group. His CEO appointment is...

Traders and investors woke up Thursday morning to troubling news out of China. Chinese January HSBC flash PMI declined to 49.6 from a 50.5 in December. The data is re-starting the Chinese slowdown debate and according to Reuters has “reinforced concerns about global growth, especially in...