The S&P 500 rose 1.7 percent between Friday, November 27, and Friday, December 4. It was the index’s fourth gain in the last five weeks. Other key benchmarks including the Dow Jones Industrial Average, Nasdaq-100, Russell 2000 and Dow Jones Transportation Average also closed at record highs.
Yesterday’s private-sector payrolls report from ADP showed the industry adding 49,000 jobs in April. That translated into a 0.66 percent increase overall — triple the broader total. It followed a string of increases going back more than two years.
Highlights Crocs reported $1.1 billion in revenue which is the first increase after 4years of decline, although the number of company-operated stores has decreased by… Read More »Crocs are making a comeback, and not just in fashion
Microsoft (MSFT) is making serious efforts to enter the world of “cloud computing,” the business of large companies using third-party servers and software instead of running their own data centers. It’s a broad shift that’s been occurring in the world of tech for most of the decade.