Stephen Wood, chief market strategist at Russell Investments, talks with Bloomberg's David Wilson about the outlook for a European Union bailout plan for Ireland, the U.S. economy and his investment strategy.
U.S. stocks rose, extending the Dow Jones Industrial Average’s record high, as a private report showed companies took on more workers than estimated and the Federal Reserve said the economy is growing.
Stocks rose, extending the Dow Jones Industrial Average’s record high, as a private report showed faster-than-forecast U.S. job growth and the Federal Reserve said the economy is growing. Oil slid as U.S. inventories rose.
U.S. stocks rose, capping a week of record swings for the Standard & Poor’s 500 Index, as an increase in retail sales tempered concern the economy is slowing. European shares extended a rebound from a two-year low after some nations banned short-sales. Treasuries gained.
U.S. stocks rose, after the Standard & Poor’s 500 Index snapped an eight-day rally yesterday, as Federal Reserve Chairman Ben S. Bernanke said the central bank’s asset purchases are not on a preset course.