Paul Dykewicz
Global Markets Rise amid Year-End Rally; Nikkei Hits Five-Year High
Global markets surged today as a year-end rally revved up on good news for stocks out of Japan and China, as well as an afterglow from Thursday’s report of reduced U.S. unemployment benefit claims.
U.S. 10-year Yield Hits More than Two-Year High
U.S. benchmark Treasuries yields rose above 3 percent to their highest level in more than two years today as traders cut their bond holdings in preparation for the Federal Reserve to trim bond purchases in 2014.
U.S. Markets Ascend Again
The stock market continued its upward climb Thursday to build upon its already historic year of gains.
Orders for U.S. Durable Goods Rise More than Forecast
Orders for durable goods climbed more than forecast in November, showing broad-based gains that signal U.S. business investment is recovering after a third-quarter lull.
![[happy investor up arrows]](https://www.stockinvestor.com/wp-content/uploads/shutterstock_124509472.jpg)
U.S. Stocks Extend Records on Apple Deal
U.S. stocks rose, with benchmark indexes extending all-time highs, as Apple Inc. (AAPL) rallied and the International Monetary Fund (IMF) indicated it would raise its outlook for the U.S. economy.
China is Vulnerable to a Bust, Deutsche Bank Strategist Warns
John-Paul Smith, a Deutsche Bank AG equity strategist, warns that he detects some of the same signs of a financial meltdown in China that led him to predict Russia’s 1998 stock market crash months in advance.