Positive economic data spurs a rise in the stock indexes
Stocks rose on Thursday December 22nd putting the Standard & Poor’s 500-stock index on the cusp of finishing out the year higher as another decline in jobless claims pointed to further improvement in the labor market.
Category: Stocks
These High-Tech IPOs Are Fueling the Nasdaq Rally
From the depths of the 2009 bottom, the Nasdaq is up 139%, hitting levels it hasn’t seen in more than 10 years.
In the last three months alone, the bellwether index is up nearly 19% — outpacing the 12% gain in the S&P 500.
But here’s the thing: It’s not all about Apple.
The high-tech IPO market is practically on fire. One of them is Jive Software (NASDAQ: JIVE).
Since Jive debuted last December, shares have jumped 25% from the offering price on the first day.
Since then, the stock has done nothing but power ahead. At the close of trading Thursday, Jive had nearly doubled in less than four months!
Stock Market Sees Best Month In Nearly A Decade, After Big Drop
Stocks had their best month in almost a decade, rising from their low point of the year in an almost uninterrupted four-week rally. The juice mostly came from Europe, which appeared to finally find a strategy for taming its debt crisis.
Stock Market News for December 23, 2011
Stock Market News for December 23, 2011-Investors received a pre-Christmas gift in the form of encouraging economic data, which led the benchmarks higher on Thursday.
Recovery next year for world stocks: poll
Investors too are entering the fourth quarter with a slightly raised exposure to shares and holding high reserves of cash that could quickly be used to fuel a stock rally, a Reuters poll showed on Thursday
The survey also suggested strong gains lie ahead on some rich-world bourses, with bourses in the United States, Australia, France, Germany and Japan expected to yield double-digit returns from now until mid-2012….