Stocks advanced Friday, sending the Standard & Poor’s 500-stock index to the biggest weekly gain in a year, amid optimism about earnings reports and a rally in metals producers.
The S&P 500 rose 0.7 percent to 1,077.96, giving it a 5.4 percent rally in a week shortened by the Independence Day holiday. The Dow Jones industrial [...]
Posts Tagged ‘investment managers’
Optimism over earnings helps S& P 500 finish week strongly
July 10th, 2010 by Financial Writer
Tags: central bank, Dow Jones Industrial, economic, economists, economy recovery, financial stocks, financial system, investment managers, us economic, us stocks
more...House passes tax hike for investment managers
December 9th, 2009 by Financial Writer
The House voted Wednesday to slap higher taxes on Wall Street investment managers to help pay to extend $31 billion in tax breaks for Americans, including popular deductions for local and state sales and property taxes.
The 45 tax deductions and credits for businesses and individuals are scheduled to expire at year’s end. The House voted [...]
Tags: businesses, businesses finance, investment managers, real estate