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Updated: 1 hour 17 min ago
Stocks: 'Sell in May and go away?' Not this year
NEW YORK -- With the Dow and the S&P 500 setting another string of record closing highs this week, the old Wall Street adage "Sell in May and Go Away" is starting to look weak.Closing out the second week of May, the Standard & Poor's 500 index is up 2.3 percent for the month.For the year, the benchmark S&P 500 is up a stunning 14.6 percent.Some analysts say that when the market star...
Opt out or left out? The economics of stay-at-home moms
Conventional wisdom holds that stay-at-home moms do so because they can afford not to work. Instead, experts say, many moms appear to be staying home with their kids because they can’t afford to work.“They just think they don’t have enough education and skill … where their pay would cover their child care, transportation and clothes,” said Stephanie Coontz, a professor of history and family st...
Stocks end higher for third consecutive week
Stocks finished modestly higher Friday with major indexes posting their third week in positive territory and the Dow and S&P 500 closing at new record highs. The Dow Jones Industrial Average rose 35.87 points, to close at 15,118.49, led by Hewlett-Packard. The S&P 500 climbed 7.03 points, to finish at 1,633.70. The Nasdaq rallied 27.41 points to end at 3,436.58. The CBOE Volatility Ind...
