That was the record closing level of the Standard & Poor’s 500 Index yesterday. The S&P 500, a capitalization-weighted index of 500 stocks, rose by 0.4 percent to top its previous closing high of 1,565.15 set in October 2007. “The...
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Photograph by John Moore/Getty Images
Traders work the floor of the New York Stock Exchange.
Bloomberg by the Numbers: 1,569.19
Photograph by Seth Wenig/AP Photo
A trader works on the floor at the New York Stock Exchange on Feb. 27, 2013.
Bloomberg by the Numbers: 14,075.37
That’s where the Dow Jones Industrial Average closed yesterday, its highest level since October 2007. The Dow added 175.24 points and closed within 90 points of its record. The advance was led by JP Morgan Chase & Co., Caterpillar Inc.,...
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Washington’s precarious fiscal-cliff stalemate. Photograph by Steven Puetzer
JPMorgan: Fiscal Cliff Slow-Walking Feeds Stock Market Volatility
Volatility has returned to U.S. stocks since the presidential election, and it’s partly Washington’s fault as the fiscal-cliff stalemate makes investors more and more skittish, according to JPMorgan Chase & Co. And even bigger swings may be on the way...
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Photograph by Mario Tama/Getty Images
Traders work on the floor of the New York Stock Exchange.
S&P 500 At 5-Year High May Be Signaling Obama Win
Wagers on President Barack Obama ’s re-election rose last week to a 16-month peak, according to the online prediction market Intrade. At the same time, the Standard & Poor’s 500 index advanced to the highest level since 2007. Capital Economics senior U.S. economist...
Read more »Close Elections Boost U.S. Stocks, Deutsche Bank Says
With Barack Obama and Mitt Romney tied in polls, Deutsche Bank AG says investor uncertainty going into the elections may actually be priming the U.S. stock market for the biggest possible gains. The Standard & Poor’s 500 Index typically gains 5 percent through year...
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Facebook Briefly Makes the Markets Patriotic
Even the Facebook IPO couldn’t snap a five-day losing streak in the U.S. stock market. A 28-year-old who dared to pitch his Internet company to Wall Street in a hoodie sparked an interest in capitalists everywhere that had sounded down-right patriotic this morning. Obama couldn’t...
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Contributors
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Al Hunt
is a columnist for Bloomberg View and host of the weekly show "Political Capital with Al Hunt" on Bloomberg TV. -
Mark Silva
is deputy managing editor for government news in Washington and editor of Political Capital. He has covered the White House and national politics. -
Emma Fidel
is political editor for Bloomberg.com in Washington. She previously covered financial regulation as a Bloomberg intern. -
Don Frederick
edits political and government coverage for Bloomberg News. He previously worked for more than a decade at the Los Angeles Times' Washington bureau. -
Gregory Giroux
analyzes elections, financing of congressional and presidential elections, political advertising and demographics in Bloomberg's Washington Bureau. -
Julie Bykowicz
covers the influence of money and lobbying in Washington, and covered the state legislature and city crime for the Baltimore Sun for 10 years. -
Jonathan Salant
covers campaign finance and lobbying in Washington. He was president of the National Press Club and started in Washington in 1987. -
Richard Rubin
covers federal tax policy. He worked at Congressional Quarterly and The Charlotte Observer before joining Bloomberg News in 2010. -
Stephanie Green
is a writer and photographer for Bloomberg Muse, the arts and leisure section of Bloomberg News. She has also written for The Washington Post, The Huffington Post and The Washington Times. -
Julie Hirschfeld Davis
is a senior political reporter for the Washington Bureau. She covered the 2012 campaign for Bloomberg News and previously covered the White House for the Baltimore Sun. -
Lisa Lerer
covers the White House and covered the 2012 campaign for Bloomberg News. She covered Congress, lobbying and the 2008 campaign for Politico. -
John McCormick
is a national political reporter looking forward to the 2016 presidential campaign, which will be the fifth he's covered. He's also reported for The Des Moines Register and Chicago Tribune. -
Julianna Goldman
covers the White House for Bloomberg News and Bloomberg Television. -
Hans Nichols
covers the White House for Bloomberg News and Bloomberg Television. -
Margaret Talev
covers the White House for Bloomberg News and covered the White House for McClatchy Newspapers. She has covered California and Florida politics. -
Cary O'Reilly
is Editor at Large at Bloomberg First Word and is Washington Daybook columnist for Bloomberg Government and Bloomberg News.
