S&P 500 Record in Sight as Big 5 Add $500 Billion

The rally in mega-cap tech stocks is poised to close a final chapter in the history of the dot-com bubble. Namely, after a 17-year hiatus, it’s put the S&P 500 Information Technology Index within spitting distance of a record, making it one of the last of the benchmark’s 11 major industry groups to complete the... Continue Reading →

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US Government Post $182 Billion Surplus in April

The U.S. government had a $182 billion budget surplus in April, confounding market expectations for a deficit, according to Treasury Department data released on Wednesday.The budget surplus was $106 billion in April 2016, according to Treasury's monthly budget statement. The fiscal 2017 year-to-date deficit was $344 billion compared with $353 billion in the same period... Continue Reading →

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