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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...
The U.S. Supreme Court Monday decided not to take up a long-running legal battle between exchanges over the right to trade lucrative options contracts.The action is ...
The U.S. Supreme Court has decided not to take up a long-running legal battle over an exchange's right to trade lucrative options contracts linked to stock indexes.T...
The Supreme Court on Monday declined to consider a dispute over CBOE Holdings Inc's long-running legal battle to prevent rival International Securities Exchange from...
It was another quiet day on Wall Street, but an afternoon rally pushed the U.S. stock market firmly into positive territory by the closing bell.The leader on the day...
The U.S. stock market recorded small losses on Thursday despite a report which showed a drop in both initial jobless claims and continuing claims.Volatility levels r...
In a slow trading session on Wall Street, U.S. stocks recorded moderate gains after opening the day lower. The docket of economic reports is light this week and inve...
CBOE Holdings Inc , which runs the oldest U.S. stock-options trading venue, said on Friday that first-quarter earnings rose on a surge in trading in its lucrative st...
The parent of the Chicago Board Options Exchange said Friday it was delaying a planned extension of trading hours for its fast-growing VIX volatility contracts in th...
CBOE Holdings Inc.'s (CBOE) first-quarter earnings jumped 27% as the Chicago-based exchange operator reported stronger average revenue per contract, outweighing a de...
CBOE Holdings Inc, which runs the oldest U.S. stock-options trading venue, said on Friday that first-quarter earnings rose on a surge in trading in its lucrative pro...
Shares of security software maker Symantec (NASDAQ:SYMC) mysteriously plummeted nearly 11% in just seconds on Tuesday, wiping out $1.7 billion in market value before...
The Chicago Board Options Exchange is "fully confident" that it has addressed the software bug that shut down trading on the largest U.S. stock-options market for ha...
With the broad S&P 500 Index gliding once again into uncharted territory and posting four straight weeks of gains, the talk of Wall Street's rally inevitably hitting...
Financial regulators are taking a harder line on exchanges amid concerns over their ability to police the markets they operate, as the SEC prepares to hit one with a...
Stocks pulled back late on Thursday as bullish sentiment could not overcome disappointing economic reports. Initial jobless claims, housing starts and a reading of t...
A late day push helped the U.S. stock market to another strong close on Wednesday. The Dow and S&P 500 finished the session at new all-time highs and all of the majo...
A surge in option market bets on Sony Corp just before a large hedge fund investor announced a big stake and called for a major restructuring of the company has rais...
The U.S. stock market notched another rally on Tuesday as momentum pushed the major averages to new year-to-date highs. Money flowed out of bonds and into equities a...
High-frequency trading firms increased their campaign contributions to federal lawmakers by 673 percent from the 2008 to the 2012 election cycle, according to a repo...
