DEAR MR. BERKO: My wife and I each have a 401(k) plan and joint account. Her brother-in-law, a certified financial planner, gives us financial advice and wants us to go to 75 percent cash. He and other well-known experts are ...Read More »
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DEAR MR. BERKO: Why has the stock market continued to make new highs while unemployment remains high? Why has unemployment remained high when the Federal Reserve adds $85 billion a month to the economy? And why has the gross domestic ...Read More »
The stock market moved sharply lower Friday as investors worked through a mediocre jobs report and monitored the simmering tensions over Syria. After opening slightly higher Friday, stocks quickly lost momentum and turned negative after the first ten minutes of trading.Read More »
The stock market rose Thursday as investors weighed positive economic reports against worries about Syria. The Dow Jones industrial average added 81 points, or 0.6 percent, to 14,906 in midday trading, while the Standard & Poor's 500 index was up 11 points, or 0.7 percent, at 1,646.
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