Just when you think a biotech bear market is about to descend, the bulls come rushing in. News of a Greek default depressed markets yesterday and was only compounded by fears of a potential default by Puerto Rico.
U.S. stocks climbed Tuesday, with major indexes rebounding from their biggest one-day loss of the year. The Dow Jones Industrial Average gained 61 points, or 0.4%, to 17657 in early trading, while the S&P 500 gained eight points, or 0.4%, to 2066.
Consumers feel much better about the economy and labor markets in June, a positive trend for future spending according to data released Tuesday.
WASHINGTON - U.S. home prices increased at a solid clip in April, led by double-digit jumps in Denver and San Francisco. The Standard & Poor's/Case-Shiller 20-city home price index rose 4.9 percent in April from 12 months earlier, roughly the same ...
At a prominent economic conference in Shanghai last week, China's leading finance officials had mastered their talking points.