Dow Tops 18,000 For First Time in History

Weekly Wrap Up


The Dow closed above 18,000 for the first time ever this week shortly after the Commerce Department announced that the U.S. economy grew at a 5.0% annual rate in Q3. It was a relatively quiet week as the U.S. stock market was only open for 3 full days during the week.

Along with falling crude oil prices, natural gas prices are also falling. Heating bills have been falling across the United States this winter due to unusually war winter temperatures. Dropping gas prices have also become more widespread as 7 states now average gas prices below $2 a gallon.

Economic News


Holiday Sales Buoyed by  Low Gas Prices, Falling Jobless Rate
First reports from retailers and industry groups suggest the season performed according to forecasts. (Source: Market Watch) Click here to read the full article

2014 Was The Year That All Predictions Were Wrong
So the lesson for 2015 is, don’t make any, writes Marek Fuchs. (Source: Market Watch) Click here to read the full article

Business News


(FDO)
Shares of Family Dollar Stores Inc. (FDO) closed down -0.01 or -0.01 percent to $79.14 per share on light volume in lackluster pre-holiday trading on Wednesday. (Source: InvestorGuide) Click here to read the full article

(SPLS)
Shares of Staples Inc. (SPLS) closed down -0.09 or 0.51 percent to $17.55 in Friday’s regular trading session. (Source: InvestorGuide) Click here to read the full article

Consumer Trends to Expected in 2015
One of the things entrepreneurs are proud of is being forward thinking.
We invent and utilize new technologies and business ideas and consumers tend to follow. (Source: Fox Small Business) Click here to read the full article

Technology Focus


Amazon Says 10 Million New Customers Tried Prime Over the Holidays
Pushing the cost of Amazon Prime up to $99 annually hasn't done much to hurt the subscription service; Amazon today announced that 10 million new customers used its premium membership program over the holidays. (Source: Yahoo News) Click here to read the full article

Who's Hack Is It Anyway?
It’s pretty clear that the Sony Pictures hack was neither an act of war or particularly belligerent. (Source: Techcrunch) Click here to read the full article

Your Money


7 Ways to Beef Up Your Savings
Before the ball drops on New Year's Eve, you can pump up your savings to squeeze as much out of 2014 as possible.(Source: Yahoo Finance) Click here to read the full article

10 Things: 10 Things Not to Buy in 2015
The 10 technologies, products and services most likely to give you buyer’s remorse in 2015. (Source: Market Watch) Click here to read the full article

Published on Dec 26, 2014
By InvestorGuide Staff

Copyrighted 2016. Content published with author's permission.

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