The stock market is off to a good start this year, but next week brings a host of potential pitfalls that could slow the recent momentum.
U.S. stocks ended mostly lower Friday as jittery investors digested a weaker-than-expected economic growth report and as Europe's debt crisis still loomed in the background.
The Food and Drug Administration said Friday that it had detained orange juice shipments from Canada after they tested positive for low levels of a banned fungicide previously found in Brazilian juice. The FDA announced earlier this month that it would begin testing foreign orange juice shipments for the presence of the fungicide carbendazim before allowing them to enter the country. On Friday, the agency said that among 80 shipments from around the world it tested so far, six from Canada and five from Brazil had tested positive. The samples that have tested positive so far had carbendazim levels of between 10 and 52 parts per billion. The Environmental Protection Agency says carbendazim levels under 80 parts per billion do not raise safety concerns.
It is every parents' dream that their children enjoy a better life than they have. I am not sure if that's also true for parent companies and their offspring.
The private equity world is struggling to stay in the shadows.
Netflix is the highest flying stock on the S&P 500 Thursday, but was its fourth-quarter earnings report enough to justify a 22% run up in the stock?
Investors continue to monitor Europe's debt crisis and await the latest reading on U.S. economic growth.
U.S. stocks ended in the red Thursday as investors digested a mixed batch of corporate earnings results and remained cautious amid lackluster economic data and ongoing debt talks in Greece.
Portugal has come under heavy pressure in the bond market this week as investors fear the nation could be the next domino to fall in the eurozone debt crisis.
Portugal has come under heavy pressure in the bond market this week as investors fear the nation could be the next domino to fall in the eurozone debt crisis.