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Noticing several trades at $200 or $250 a share or more, he said to Lucien Hooper of stock brokerage W.E. Hutton & Co. that he intended to return to the office to "write about these blue-chip stocks". It has been in use ever since, originally in reference to high-priced stocks, more commonly used today to refer to high-quality stocks. [5]
The New York Stock Exchange reopened that day following a nearly four-and-a-half-month closure since July 30, 1914, and the Dow in fact rose 4.4% that day (from 71.42 to 74.56). However, the apparent decline was due to a later 1916 revision of the Dow Jones Industrial Average, which retroactively adjusted the values following the closure but ...
The company was conceived as DBC Online by Data Broadcasting Corporation in the fall of 1995. [2] The marketwatch.com domain name was registered on July 30, 1997. [3] The website launched on October 30, 1997, as a 50/50 joint venture between DBC and CBS News, then run by Larry Kramer [2] and co-founder and chairman, Derek Reisfield. [4]
Stock indexes closed mostly lower Tuesday as the market delivered a downbeat finish on the final day of another milestone-shattering year on Wall Street. The Dow Jones Industrial Average slipped 0 ...
Meanwhile, stock investors are still awaiting a "Santa Claus rally," a five-day trading stretch marked by big gains at the year's end. Here's where US indexes stood shortly after the 9:30 a.m ...
A notable exception was Wal-Mart, the best performing stock on the list, with a 29.65% compounded annualized return over a 29-year period. [1] However, Wal-Mart's initial public offering was in 1970 and only started trading on the NYSE on August 25, 1972, [ 4 ] at the end of the bull market.
Cox pointed out that the market action over the past week — where the S&P 500 hit a new record high and then continued to reach new highs in subsequent days — is pretty standard. About 80% of ...
Blue Dolphin Energy Company is a publicly traded Delaware corporation, headquartered in Houston, primarily engaged in the refining and marketing of petroleum products to be used as jet fuel, or as "a light sweet crude." [2] The company also provides tolling and storage terminaling services.