As many had feared and in some cases a lot better. Take procter gamble, which today released results that soared past expectations. The company also boosted its outlook for sales and profits. Its more about the outlook for rest of 2013 than it is for the actual results that weve been seeing so far. And, that is an important distinction because well have to see if things really come in the way these companies are expecting. Reporter after the recent runup in prices, some market pros say the stock market is looking ripe for a correction. Still, many agree the risk is more to the upside than the downside. I dont think that people have been overly optimistic on the economy. And, weve seen autos really rebounding over the last year. Were really starting to see improvement in the Housing Market. So, i think those are some very fundamental pieces of the economy that could really lead to some stronger growth in the future. Reporter as for Retail Investors rediscovering stocks this january, not
As many had feared and in some cases a lot better. Take procter gamble, which today released results that soared past expectations. The company also boosted its outlook for sales and profits. Its more about the outlook for rest of 2013 than it is for the actual results that weve been seeing so far. And, that is an important distinction because well have to see if things really come in the way these companies are expecting. Reporter after the recent runup in prices, some market pros say the stock market is looking ripe for a correction. Still, many agree the risk is more to the upside than the downside. I dont think that people have been overly optimistic on the economy. And, weve seen autos really rebounding over the last year. Were really starting to see improvement in the Housing Market. So, i think those are some very fundamental pieces of the economy that could really lead to some stronger growth in the future. Reporter as for Retail Investors rediscovering stocks this january, not
Some say the gains are seasonal, others point to fundamentals. Heres a look at todays numbers. The dow surged 70 points. The blue chip index nearing 14,000 and its record high back in 2007. The nasdaq added 19. And, the s p gained eight, closing above the important 1,500 mark and advancing for its eighth day in a row. Suzanne pratt takes a closer look a whats behind the recent rally in stocks. Reporter as months go, january is typically a good one for the stock market. This january, however, is the best investors have seen in years. So far, the dow is up 6 , the s p 500 has gained more 5 and the nasdaq is up 4. 3 . And, if it werent investors slicing up apple, the nasdaq and s p 500 would be even better. Veteran trader Doreen Mogavero says people are buying stocks simply because they need income and theyre fearful of bonds. I think people want to take their money out of the bond market and put it back into an undervalued asset class which equities seem to be at this time. So, i think t
Some say the gains are seasonal, others point to fundamentals. Heres a look at todays numbers. The dow surged 70 points. The blue chip index nearing 14,000 and its record high back in 2007. The nasdaq added 19. And, the s p gained eight closing above the important 1,500 mark and advancing for its eighth day in a row. Suzanne pratt takes a closer look a whats behind the recent rally in stocks. Reporter as months go, january is typically a good one for the stock market. This january, however, is the best investors have seen in years. So far, the dow is up 6 , the s p 500 has gained more 5 and the nasdaq is up 4. 3 . And, if it werent investors slicing up apple, the nasdaq and s p 500 would be even better. Veteran trader Doreen Mogavero says people are buying stocks simply because they need income and theyre fearful of bonds. I think people want to take their money out of the bond market and put it back into an undervalued asset class which equities seem to be at this time. So i think the
A McLean County jury delivered a $9.1 million verdict for a Bloomington family, following the 2019 death of a woman whose pancreatic cancer went undetected for more than two years.