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By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks dropped on Wednesday as economic data buttressed worries over the health of the world economy and signs emerged of slowing merger activity. Each of the major indexes fell more than 2 percent shortly after the open, sending the S&P 500 and Nasdaq … Read entire story.
Retirees who rely on fixed income streams are happier and likelier to spend in their golden years — here’s how to do it If you’re like most Americans, your focus for retirement is to build a sizable investment portfolio, do your best to maximize the returns from that portfolio, and then carefully withdraw from it […]
Which way is the market going to go? The technicals on the SP500 show a weakening trend that, should it break through the channel support, could begin a serious leg to the downside. Having said that, the market is also testing the 200 day moving average, and if it finds support, could actually swing to […]
Washington (AFP) – US-led air strikes on a Syrian border town killed “several hundred” Islamic State fighters but it may still fall, officials warned Wednesday, acknowledging significant jihadist gains in Iraq and Syria.While Iraqi troops prevented the jihadists from seizing a lynchpin provincial capital near Baghdad, a senior US …