Search

Not a Fun Friday for Former Goldman Director Gupta; US Stocks Rise (GS, AAPL)

By: , dated June 15th, 2012
Markets finish Friday with gains thanks to optimism global central banks with interject themselves into the European economic fiasco to provide support. Despite the positive vibes gained globally, the US saw a few discouraging economic reports. Unemployment rose in 18 out of 50 states in May, and factory production within the country fell as well. The big news on Wall Street was former Goldman Sachs (GS) Director Rajat Gupta being found guilty of insider trading, as expected. Apple (AAPL) and Motorola (MOT) have revived their patent wars, as well.

Word on the Street

Interesting Tidbits

This article was brought to you by the InvestorGuide Staff Writers and Editors.

Copyrighted by InvestorGuide.com. All rights reserved.

Leave a Reply