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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...
U.S. stocks on Friday advanced towards a fourth weekly gain, with both the Dow industrials and the S&P 500 poised for record closes, after data cast a positive spin ...
Is college worth it? This may seem like a loaded question - but when a former U.S. Secretary of Education is asking it, chances are people will pay attention.William...
At least one analyst on Wall Street says that a vote to split the roles of chairman and CEO at JP Morgan (NYSE:JPM) would offer a good buying opportunity for investo...
In a quiet week for economic data, the minutes of the Federal Reserve's last meeting could make the most noise.The release of the Fed's May minutes on Wednesday will...
After months of speculation, Vodafone's Vittorio Colao will be under pressure next week to set out whether he may sell its prized stake in Verizon Wireless in what w...
Chilean wood-pulp and paper producer Empresas CMPC SA's (CMPC.SN) first-quarter net profit fell 32% year-on-year to $84.2 million, the company said Friday.CMPC, Chil...
Nordstrom (NYSE:JWN) shares were trading 1.7% lower Friday in the wake of a weaker-than-expected first quarter.The high-end retailer said its profit fell 2.7% in the...
FOX Business: Capitalism Lives HereThe broad S&P 500 zoomed close to 2% higher in its fourth-straight weekly as Wall Street's 2013 rally continued unabated.Today's M...
FOX Business: Capitalism Lives HereThe markets climbed on Friday as traders cheered a much stronger-than-expected report on U.S. consumer sentiment.Today's MarketsAs...
Tesla Motors Inc. (TSLA) upsized its convertible debt sale a second time and offered a coupon at the low end of expectations, the latest signs of investors' faith in...
I've been saving up for a big purchase , so I've seriously tightened my budget. Staying within my own strict boundaries has been frustrating.When I get frustrated, ...
Among the companies with shares expected to actively trade in Friday's session are Aruba Networks Inc. (ARUN), J.C. Penney Co. (JCP) and Sina Corp. (SINA).Aruba Netw...
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...
U.S. stocks on Friday advanced to a fourth weekly gain, with both the Dow industrials and the S&P 500 at all-time closes, after data cast a positive spin on the econ...
General Motors Co. shares eclipsed their $33 initial public offering price with investor enthusiasm over its new vehicles and speculation the U.S. government may soo...
Accenture PLC (ACN) has agreed to purchase Acquity Group Ltd. (AQ) for about $316 million in cash to expand the consulting company's range of digital marketing servi...
Caterpillar Inc's deal to cut the purchase price of a Chinese mining-equipment maker it bought last year ends an embarrassing episode that overshadowed the company's...
Onex Corp has called off its auction of medical imaging firm Carestream Health Inc after failing to find a buyer that was willing to meet its price expectation of as...
Retailers will be the dominant sector on next week's earnings calendar, with many big names in the space reporting.Also, some housing data should provide clues about...
