Iran retaliation, Ford sales and service sector data

Dow jumps 250 points to a record after strong economic data, Morgan Stanley rises

Stocks rose on Thursday to fresh record highs after Morgan Stanley reported quarterly figures that easily topped analyst expectations while investors digested solid data on the U.S. economy. The Dow Jones Industrial Average gained 253 points, or 0.9%. The S&P 500 climbed 0.8% and broke above 3,300 for the first time. The Nasdaq Composite¬†advanced 1%. … Read more…

UBS dividend stocks to combat a slowing economy, tougher market

UBS dividend stocks to combat a slowing economy, tougher market

A trader, center, wears a Citigroup jacket while working on the floor of the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images U.S. stock markets are near record high levels and UBS strategists are predicting a continued slowdown in the economy, which the firm expects will pressure the S&P 500 until the … Read more…