The yield on the benchmark 10-year Treasury note started the week on a tear, jumping to 2.99 percent and toying with the key 3 percent level that could trigger a reaction across global financial markets.
The major indexes rose to new highs this week as investorsignored the chaos in Washington and refused to let the market fall.
The S&P 500 rose 1.5% this week after advancing 0.2% to 2,351.16 today, while the Dow Jones Industrial Average gained 1.7% this week after ticking up 4.28 points to 20,624.05. The Nasdaq Composite climbed 1.8% this week after today.
President Trump has called reporters dishonest, said the media is “the enemy of the American people,” and mused about making it easier to sue journalists. And, according to a new report, he has gone even further than that in private, telling then-FBI Director James Comey that Comey should consider locking reporters up.
Trump said this to Comey during a meeting in the Oval Office....More>>>
Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., laughs while playing cards on the sidelines of the Berkshire Hathaway annual shareholders meeting in Omaha, Nebraska on Sunday, May 1, 2016. (Photo Credit: Daniel Acker/Bloomberg)
Warren Buffett made $12 billion in 2016 and reclaimed his position as the second richest person in the world.
U.S. Auto Parts Network (NASDAQ:PRTS) is a pure-play internet retailer of aftermarket auto parts that has struggled to achieve profitability in any sustainable way over the years. And persistent worries about Amazon (NASDAQ:AMZN) putting PRTS and all other online auto parts retailers out of business has done nothing to assuage investors’ concerns about the company’s future.
General Electric Company (NYSE:GE) has missed earnings estimate only once in last 26 quarters. Flickr
Boston, Massachusetts-based industrial giant General Electric Company(NYSE:GE) is scheduled to report its first-quarter 2017 earnings on Friday, 21st Aprilbefore the market opens. GE has had a rough 2016 with revenues and margins coming under pressure. While GE certainly did not earn....More>>>
Loading the player… What is ‘Internal Rate Of Return – IRR’
Internal rate of return (IRR) is a metric used in capital budgeting measuring the profitability of potential investments. Internal rate of return is a discount rate that makes the net present value (NPV) of all cash flows from a particular project equal....More>>>
HDFC Bank (HDFCBK) posted strong and in-line with expectations results for Q4FY2018. The bank reported healthy operational performance, as seen in its net interest income (NII) growing by 18% y-o-y to Rs. 10,657 crore and non-interest incom
Airbus SE Chief Executive Officer Tom Enders sketched out the company’s plans for the next generation of European fighter aircraft and warned that Brexit means the U.K. could miss out on future production.
Airbus’s German operation is working with French warplane specialist
Picking stocks in a bull market is so easy the GEICO caveman could do it. After all, when the broader market indices, like the S&P 500, trade at average price-to-earnings (P/E) and price-to-sales ratios (P/S) of 24.4 and 2.2, respectively, just about every stock in the index is rising.