The Nigerian sovereign wealth fund's head was in the process of determining among eight asset classes which one should be in the fund's portfolio.
Tags: Stocks
U.S. S&P 500 stock index hits 2,000 milestone
The U.S. S&P 500 stock .SPX index broke through the landmark 2,000 level on Monday, marking a six year rally which has benefitted many Americans from Wall Street to Main Street.
Global stocks suffer small hit after dim US Fed outlook
Global stocks went down slightly after the US Federal Reserve provided a dim US economy Global stocks took a small hit on Thursday after the US Federal Reserve wagered an outlook of the state of the U.
US Stocks end with modest gains
Even for just trying to get a deal done, US stocks rebounded with modest gains after a day of volatility.
US shutdown causes ripple effects
The US shutdown and its eventual break in the deadlock has been hoped by many countries as the effect has reached other bourses.
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Inventor John Levine of Nasdaq's exchanges systems said that the stock markets needed to be designed properly following the system breakdown yesterday which halted trading for three hours.
Bourses saw Southeast Asian stocks dropping significant figures in trading Thursday. Resuming trading after a three-day off, Philippine stocks performed worst in two months.
Europe's equities have earned better in the past week compared to the US stocks. The mood now for investors is upbeat as it searches for a rebound from the previous week's drubbing on Wall Street and the Dow Jones average.
Computer Sciences Corp. set high forecast earnings, beating analyst estimates and earned 4.6 percent rise in stock prices.
Zynga planned to abandon real-money gaming, which upset investors. Zynga planned to abandon its plans for real-money gaming in the US. Gambling with real money is illegal in the country.
Facebook traded above USD 30 on Thursday for the first time in five months. For the first time in five months, Marc Zuckerberg's brainchild, Facebook Inc.
Apple stocks led a rally to keep losses of tech stock at bay. Wednesday afternoon at the stock exchange saw most US stocks in the red. However, tech stocks, led by Apple, rallied to limit the losses.
The business model of the tech titan, Apple Inc., showed signs that it was already starting to fall apart.
Apple shares experienced what was probably its best day ever in 2013. Shares of the tech giant Apple experienced what was probably the best day it had this year.
