Stocks have been soaring since their bottom in March 2009. The gaps between index values and their 200-day moving averages are widening, perhaps to insupportable levels.
Angelo Mozilo agrees to pay $67.5 million to settle civil fraud charges with the SEC stemming from the subprime mortgage crisis. Two other executives also settle.
The search giant's shares jump after results beat estimates. The market withstands selling pressure from bad news on jobs and inflation and more banking worries. Gold briefly hits $1,388.
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With the universe of this category in its seasonal sweet spot, these picks have tailwinds propelling them into the new year.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
The IRS is struggling to combat identify thieves who file fraudulent tax returns in the names of older residents who don't need to file.