Investors welcome China's market moves
The country may expand some programs that allow foreigners to trade. Is it a sign that Beijing wants stocks to go up?
"NEW YORK (AP) - Stocks edged higher on Wall Street after a rally in retail stocks offset concerns about flaring tensions in Washington over increasing the country's borrowing limit."
American retail is dead. The stores are filled with Clearance Racks and Cashiers... no customers. A "rally" is apparently "code" for desperate attempt to keep something up that died a long time ago. No wonder the gun fanatics and NRA are on their hind legs and all tightassed... the tab is due and there are no more indentured consumers to pay it. Don't look now, but a balk on the Debt Ceiling increase and Credit Downgrade means wealth will be writing checks. Since they are "all in" this rigged gambit, the shares will be liquidating o'plenty. What's in your wallet? Bet it's not.
Copyright © 2014 Microsoft. All rights reserved.
The Ukraine crisis festers and other fresh concerns boil to the surface, knocking down markets and giving volatility some life.
VIDEO ON MSN MONEY
Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.
Contributors include professional investors and journalists affiliated with MSN Money.
Follow us on Twitter @topstocksmsn.