Is it time to cash out of stocks? The market has nearly tripled in a little over five years, and with each record close, the temptation grows to take your winnings and flee. If only you had done that in the crashes that began in 2000 and 2008, you might be a lot richer.
US stocks Thursday finished a holiday-shortened week mostly higher following a plethora of earnings reports that generally met or exceeded expectations.
It was a stock market reversal. Stocks rose sharply Thursday, with large parts of the market erasing Wednesday’s losses, as investors cheered a batch of strong earnings and data that showed the US economy grew at a robust annual rate of 3.2 percent in the fourth quarter.
Tokyo stocks opened 1.28 percent higher on Friday after Wall Street rallied on hopes that Washington might make progress in breaking its on-going budget impasse.
US stocks Monday moved lower as investors adjusted to a lighter economic calendar following the busy pace of recent weeks that sent markets at record highs.