Market Gawk

DryShips sails on a rough sea, but with potentially high returns. The Greek dry-bulk carrier is now on a swift downwind run, riding China’s…

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NASDAQ stocks closed the week Friday with a modest gain, but volume backed off from Thursday’s total. The composite tacked on 0.2%. But losers…

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NYSE stocks edged higher Friday as the major market indexes capped a tumultuous week with gains.

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Stocks ticked higher Friday, as the market wrapped up its second straight strong up week.

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Wall Street ended an extraordinary and record-setting week Friday by surging higher again, sending the Standard & Poor’s 500 index past a trading high set in March 2000 and thrusting the Dow Jones industrial past 13,900 for the first time.

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You’ll probably recall the news reports from a few years back. If you’re a reader of the Onion and SatireWire, that is. In the first, AT&T, after determining that a relatively restrained staff reduction of, say, 20% would pay off handsomely in cost savings, decided to get aggressive and instead lay off 120% of its employees. The gist of the second story was that Starbucks, having run out of locations at which to open new stores, had taken to offering counter service in the restrooms of existing Starbucks shops.

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Fallen newspaper tycoon Conrad Black’s conviction on Friday on fraud and obstruction of justice charges was the latest chapter in a five-year-old U.S. crackdown on corporate wrongdoing that started off strong but has suffered some embarrassing setbacks.

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SAN FRANCISCO (MarketWatch) — The Securities and Exchange Commission has opened an informal inquiry into Whole Foods Market Inc. Chief Executive John Mackey’s anonymous posts to Internet message boards, according to a report late Friday on The Wall Street Journal’s Web site.

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SAN FRANCISCO (MarketWatch) — The Securities and Exchange Commission has opened an informal inquiry into online postings by John Mackey, the co-founder and chief executive of Whole Foods Market Inc. , according to a media report late Friday. The agency is expected to investigate whether Mackey’s comments contradicted what the company previously said or were overly optimistic, the Wall Street Journal reported on its Web site, citing people familiar with the matter. Mackey posted comments about the supermarket chain on Yahoo stock forums using a pseudonym over a roughly eight-year period, the Journal reported. Mackey’s postings became known as the Federal Trade Commission began reviewing Whole Foods’ planned acquisition of Wild Oats Markets Inc. , the report said.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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Both the Dow industrials and the S&P 500 continued their campaign into record territory Friday, reaching all-time highs for the second straight session, despite some mixed economic news and higher oil prices.

Original post by FeedZilla