Friday 23 August 2013

Washington area stocks gain as uncertainties loom

Share prices at most Washington area companies jumped during the first half of this year, but local firms say they are not necessarily taking advantage of the gains to add jobs or buy new equipment just yet.
Instead, many are watching how the economy fares the next six months before making any big bets.
An analysis of 139 publicly traded companies in the region showed stock prices grew an average of 16.58 percent between December 31 and June 28, according to data from Bloomberg. By comparison, the S&P 500 gained 12.63 percent in that time.
Read more here:http://www.washingtonpost.com/business/capitalbusiness/washington-area-stocks-gain-as-uncertainties-loom/2013/08/16/c2385a86-0107-11e3-9711-3708310f6f4d_story.html

No comments:

Post a Comment