Archive for the 'Finance' Category

Markets Take a litte Dip Today

Posted on July 22 2009 by themogul

The S&P 500 slipped 0.1% to 954.07 in New York. The Dow Jones Industrial Average decreased 34.68 points, or 0.4%, to 8,881.26. The Nasdaq Composite added 0.5 percent to 1,926.38. Treasuries declined for the first time in three days as traders shifted focus to next week’s four auctions of an estimated $113 billion in U.S. Read more...

Personal Finance for the Young Adult: Session 2

Posted on July 22 2009 by themogul

Installment two of my personal finance tips has everything to do with saving. More specifically….the importance of saving. The key is to realize that every little bit helps. If you are on scholarship, you know how geeked you are to see that phat disbursement check come your way. Well…this semester take your stipend and put Read more...

Markets Up Again . . . I love this Trend

Posted on July 21 2009 by themogul

U.S. stocks rose, extending the Dow’s longest rally in two years as Federal Reserve Chairman Ben S. Bernanke said there are signs the economy is stabilizing. Treasuries climbed the most in two weeks and the dollar gained. The S&P 500 Index added 0.4 percent to 954.58 in New York, maintaining its highest level in more Read more...

Markets Rise Again as Dow Erases Losses for the Year

Posted on July 20 2009 by themogul

The S&P 500 added 1.1 percent to 951.13 in New York, above its best close since Nov. 5. The Dow Jones Industrial Average rallied 104.21 points, or 1.2 percent, to 8,848.15, erasing its loss for the year and closing at a six- month high. A little bad news though, as the dollar dropped to a Read more...

Markets Yesterday and Today

Posted on July 17 2009 by themogul

The markets continue this ridiculous turn of events. On the heels of Nouriel Roubini’s claim that the recession should end by the end of this year, all major indicies in the US were up for the day. Roubini is the NYU Stern prof. who predicted this crisis two years ago. While I’m not going to Read more...

Markets Continue To Rise

Posted on July 15 2009 by themogul

The markets were up in a major way today, even with most Fed. Reserve officials agreeing the economy is still “weak” and “vulnerable”. The major news today came from Intel Corp., which beat analysts’ estimates by a lot. The Dow saw its biggest gain in over 3 months, jumping 256.72 points (3.07%) to 8616.21. Today’s Read more...

Markets Up again Today

Posted on July 14 2009 by themogul

The Standard & Poor’s 500 Index added 0.5 percent to 905.84. The Dow rose 27.81 points, or 0.3 percent, to 8,359.49. More than five stocks advanced for every two that fell on the New York Stock Exchange. It was another overall decent day for the American Stock Market. The Nasdaq was up 6.52 points to Read more...

Personal Finance for the Young Adult: Session 1

Posted on July 14 2009 by themogul

For my first installment in a series of weekly personal finance posts (for the college student/young adult of today) I thought I’d start off with some simple (common sense) tips that may not seem that a big of a deal. Believe me…these things can really help out more than you know. Firstly…Look for cheaper entertainment. Read more...

Markets On the Rise Today

Posted on July 13 2009 by themogul

The S&P 500 rose 2.5 percent to 901.05 in New York, its best raise since June 1. The Dow Jones Industrial Average added 185.16 points, or 2.3 percent, to 8,331.68. Almost nine stocks gained for each that fell on the New York Stock Exchange. It was a very good day for the markets today, led Read more...

Stocks fall as unemployment continues to rise

Posted on July 2 2009 by themogul

Today the S&P 500 dropped 2.9% to 896.42 in New York, extending its slump since June 12 to 5.3 percent and erasing its 2009 gain. The Dow dropped 223.32 points (2.6%) to 8,280.74. For every stock that was up today, a whopping 14 were down. That’s the worst decline since May. As for sheer volume, Read more...

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