It’s going to take more than low interest rates to fire up investors.
The Federal Reserve’s latest plan to help the economy failed to impress Wall Street on Wednesday. Stocks finished slightly lower for the day, and not much better than they were before the Fed announcement.
NEW YORK, June 11 (Reuters) – U.S. stocks fell on Monday as
Europe’s aid package for Spanish banks did little to alleviate
investor concerns about the euro zone’s finances and a slowdown
in the wider global economy
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!
When career-networking site LinkedIn Corp. (NYSE: LNKD) started its first day of trading May 19, its shares zoomed 109% from its initial public offering (IPO) price of $45 a share to close at $94.25, and reached a market value of $9 billion – fueling rumors that we’re in the middle of a new tech bubble. And many investors are eagerly awaiting another batch of Internet IPOs. Social networking sites Facebook Inc. and Twitter Inc. and gaming site Zynga Game Network Inc. are all thought to be hitting the market this year.
Some analysts say these companies have uncertain profit potential….
Young Chinese couples believed that people born during these years would be blessed with tremendous good fortune and luck. The current baby boom is expected to last until 2015 and will see China having more than 100 million children under the age of 6 every year. In 2009 alone,…..