December 2, 2008
Dow Surge Forces Sharp Dollar Losses against Euro - What Happens Next?
The US dollar bounced on an overnight rout in the Dow Jones Industrial Average and S&P 500, but an incredible reversal in the Dow actually left the dollar lower through late New York currency trading. The Dow seemed headed for another sharply negative stock trading session, with Dow futures down as much as 300 points in pre-open trade. Yet... more...
Dow Closes Down 81 After Two Downgrades
Stocks posted their first noteworthy losses of 2006 Thursday as analyst downgrades of two Dow Jones industrials and rising oil prices prompted investors to take profits one session after the major indexes reached new multiyear highs.
Two widely recognized investing styles, growth and value, each have their fans. Growth investors look for stocks with prospects for accelerating earnings, of course, while the value camp trawls the waters for stocks considered underpriced, based on particular valuation metrics.
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