Political Capital

Posts tagged: stock market

David H. Koch, executive vice president at Koch Industries Inc.

Photograph by Amanda Gordon/Bloomberg

David H. Koch, executive vice president at Koch Industries Inc.

Koch Brothers’ $300-Million Friday

The Koch Brothers, two of the richest people in the world, grew $300 million richer on Friday, by the measure of the Bloomberg Billionaires Index. Charles and David Koch, worth a combined $100.4 billion, gained $300 million on Friday. http://t.co/7V3C8fb9Hg...

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A trader watches prices as monitors in the background show fireplaces on the floor of the New York Stock Exchange on Dec. 24, 2013.

Photograph by Stan Honda/AFP via Getty Images

A trader watches prices as monitors in the background show fireplaces on the floor of the New York Stock Exchange on Dec. 24, 2013.

Bloomberg By the Numbers: 1,833.32

The Standard & Poor’s 500 Index closed at 1,833.32 the day before Christmas, setting its third new high in a row. The stock index has risen 29 percent this year,  and is on course for its biggest annual rally since 1997....

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Speaker of the House John Boehner, R-Ohio, and Republican members of the House of Representatives rally after passing a bill that would prevent a government shutdown while crippling the health care law that was the signature accomplishment of President Barack Obama's first term, at the Capitol in Washington, on Sept. 20, 2013.

Photograph J. Scott Applewhite/AP Photo

Speaker of the House John Boehner, R-Ohio, and Republican members of the House of Representatives rally after passing a bill that would prevent a government shutdown while crippling the health care law that was the signature accomplishment of President Barack Obama's first term, at the Capitol in Washington, on Sept. 20, 2013.

Countdown to Shutdown: 8 Days

Updated at 10:45 am,, 1:45 pm, 2:30and 2:41 pm EDT This morning, the Congress of the United States has eight working days — including a weekend — to avert a “shutdown” of the federal government for lack of a resolution...

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A trader works on the floor at the New York Stock Exchange on Feb. 27, 2013.

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

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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Traders work on the floor of the New York Stock Exchange.

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...

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