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Stock indexes rallying to new highs have put investors on alert for a correction. Now they have something else to worry about: Too many individual stocks touching highs.The S&P 500 Index (SPX) rose 2.1% last week to close at a record of 1,667.47 Friday, its 16th record close this year. Similarly, the Dow Jones Industrial Average (DJI) rose 1.6% on the week to 15,354.40, its 21st record of the year. The major benchmarks, including the Nasdaq Composite (RIXF), have made a nearly unchecked 16%-17% gain for the year.It's not just the indexes that are stretching for the stratosphere.Also in the past week, more than half the stocks on the S&P 500 touched new 52-week highs, with 141 of those occurring on Friday alone, according to an analysis of FactSet data. Another 128 companies reached new 52-week highs earlier in the week."The number of people I've heard justifying the valuation has been mind boggling," said Andrew Wilkinson, chief economic strategist at Miller Tabak & Co. "The complacenc...
Financial Security Index Charts Americans' Anxiety With Savings And Stocks LingersAmericans reported feeling comfortable with their overall financial security for th...
United Co. Rusal PLC (0486.HK), the world's largest producer of aluminum, said Monday it had adjusted its 2012 net loss to $337 million from $55 million to reflect p...
United Co. Rusal PLC (0486.HK), the world's largest producer of aluminum, said Monday it had adjusted its 2012 net loss to $337 million from $55 million to reflect p...
The TCW emerging markets bond team has always sought investment opportunities in economic and political upheaval, a strategy that has led to double-digit returns for...
Bank of America Corp's global wealth and investment management division, largely composed of its Merrill Lynch retail operations, was a bright spot for the No. 2 U.S...
UK supermarket operator Tesco PLC (TSCO.LN) Wednesday counted the cost of the clean-up operation for its domestic business and its failed U.S. venture, reporting its...
UK supermarket operator Tesco PLC (TSCO.LN) Wednesday counted the cost of the clean-up operation for its domestic business and its failed U.S. venture, reporting its...
There are two keys to retirement: planning and starting early. And it seems as if the younger generations have taken note.According to a 2012 survey by TD Ameritrade...
United Co. Rusal PLC (0486.HK), the world's largest producer of aluminum, said Monday it expected the year-end results released last week by Norilsk Nickel, in which...
Tesco Plc finally managed to open a near-3,000 sq meter super store in South Korea, its largest market outside Britain, after a seven-month delay by agreeing not to ...
Bankers and politicians touting their countries' wares have to work hard to get the attention of Qatar's sovereign wealth fund, such is the range of its interests, f...
As you clean out your closets and spruce up your home as part of your spring-cleaning ritual, now is also the time to review your investments to make sure you're sti...
EnergyAustralia, the Australian unit of Hong Kong-listed power generator CLP Holdings Ltd. (0002.HK), has agreed to sell its majority stake in a wind farm to Canada'...
As yields on U.S. Treasury bonds were hitting recent lows last week, investors were pumping a record amount of money into U.S. Treasury bond ETFs.Treasury bond ETFs ...
Fang Fenglei, a former Goldman Sachs banker and co-founder of Hopu Investment Management, is raising up to $2 billion in a new fund, people familiar with the matter ...
One day last October, a memory stick containing special software for deleting data was placed into a desktop computer at Bank of Cyprus.Within minutes, 28,000 files ...
"There's an idiot in every trade, and if you don't know who it is, you're in trouble," quips Meir Statman.Mr. Statman, a professor of finance at Santa Clara Universi...
The board of Norilsk Nickel (GMKN.RS), the world's largest nickel producer, said Thursday it was recommending a dividend for 2012 of 400.83 rubles ($12.88) per share...
If you contribute to a retirement account through a simple deduction from your paycheck—like a 401(k) plan—you're already on the right track toward retirement. But ...
