Author: Wall Street Journal

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Behind Dow 30000: A Self-Perpetuating Upward Cycle

The U.S. stock boom has its roots in tactics that fund managers, small savers and Robinhood traders alike have applied over the past decade: Don’t hide from markets by hoarding cash. Keep hold of your investments, and returns will follow. When there’s a crisis, buy. The Dow Jones Industrial Average rose above 30000 on Tuesday,...

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Christmas Came Early at Best Buy

Best Buy said it would resume its buyback program, suspended since March. Customers wait outside a store in Toronto in November. Photo: geoff robins/Agence France-Presse/Getty Images All eyes are on the holiday shopping season. That places uncomfortable pressure on Best Buy, which has set itself up for high expectations after posting strong results last quarter....