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Investors are turning away from events overseas and are now looking at the US economic situation, according to Harvey Neiman, portfolio manager, Neiman Large Cap Value Fund. He previews the trading session with Larry Kofsky.
By LORETTA CHAO BEIJING--After wresting control of his company's boardroom in a battle with Yahoo Inc., the founder of Alibaba Group says he is focused now on a bigger challenge: managing runaway growth at the Chinese e-commerce giant. "We don't have a...
Canadian stocks fall Thursday for the first time in three sessions, with gold-mining stocks driving the losses after Federal Reserve Chairman Ben Bernanke surprised some investors by failing to signal the central bank was ready to unleash more stimulus.
Congressional testimony from the Fed chief can be a powerful market mover, and if one is properly prepared, both short- and long-term trades can be set up to take advantage of the market reaction.