|Day's range||24,890.06 - 25,043.21|
|52-week range||21,471.14 - 26,616.71|
Based on last week’s close at 25004, the direction of the September E-mini Dow Jones Industrial Average this week will be determined by trader reaction to the 50% level at 24925.
The Dow Jones Industrial Average gained more than 100 points today and had its best week since June 8. •...and wonder why Mattel (MAT) was the S&P 500's worst performer. Hooray for tariffs! How else to respond to a week that saw the Trump administration announce tariffs on another $200 billion in Chinese goods, only to see the market rally this week, and rally hard?
The Federal Reserve says that it expects low unemployment and rising inflation will keep it on track to raise interest rates at a gradual pace over the next two years. By late 2019, the Fed says its key policy rate should be at a level that will be slightly restrictive for growth. NEW YORK (AP) -- Papa John's is pulling founder John Schnatter's image from marketing materials following reports he used a racial slur.
On a day major stock benchmarks closed up, Wells Fargo fell after reporting earnings and Gogo tumbled on turnaround plans that weren't well-received.
U.S. stocks wrapped up another solid week Friday as industrial and energy companies ticked higher, but quarterly results from several big U.S. banks didn't excite investors. On Friday: The S&P 500 index ...
•...and explain why Johnson & Johnson (JNJ) is falling. Tariff talk is off the front page, the Federal Reserve is on autopilot, and, yes, earnings season is underway. A quick glance at the Morning Movers shows that there is a lot of stock-specific news ranging from bank earnings to the government's appeal of the verdict in the AT&T (T)-Time Warner (TWX) merger, and a whole lot more.
Markets have seen a recovery from the shocks that occurred after President Trump announced tariffs on $200 billion worth of Chinese goods. Compared to May, the company’s AUM in US mutual funds have increased marginally from $625 billion to $626 billion in June.
US stock futures struggled for direction on Friday, oscillating between small gains and losses as trade war jitters took a back seat to the start of bank earnings season. With about 90 minutes to go before ...
Want to know why the Dow Jones Industrial Average is doing what it's doing? 7:44 a.m. After a wild week that saw stocks rise, fall, and rise again, Friday looks like it could be a quiet day. S&P 500 futures are little changed, while Dow Jones Industrial Average futures have ticked up 6 points.
Wall Street ended the week on a positive note, as consumer and oil stocks led the way on Friday. It capped off a positive week for the stock market, save for Wednesday’s session, when an escalation in ...
After a soggy start to the session, Wall Street is sitting slightly higher during lunchtime trade and heading for its best weekly performance in just over a month. The S&P 500 was up 0.2 per cent, while the Dow Jones Industrial Average climbed 0.4 per cent and the Nasdaq Composite crept 0.1 per cent higher and on track for a second record-high close. S&P 500, up 1.5 per cent for the week, was on track for its best performance since early June.
SEOUL, South Korea (AP) — Asian shares are mostly higher, rebounding from jitters over the U.S.-China trade disputes for a second straight day.
•...and review the S&P 500's Hot Stock and the Biggest Loser, which is one story today. Show of hands—who here thought that the market would be soaring one day after President Donald Trump announced plans to place tariffs on another $200 billion of Chinese goods?
Want to know why the Dow Jones Industrial Average is doing what it's doing? Today, the Nasdaq Composite climbed 1.4% to 7823.92, a new all-time high, while the S&P 500 gained 0.9% to 2798.29, its highest close since Feb. 1. The Dow Jones Industrial Average rose 224.44 points, or 0.9%, to 24,924.89.
On July 11, JJ Kinahan of TD Ameritrade Holding (AMTD) stated his views on the rising US-China trade tensions. The US markets saw a sharp downtrend on June 11 as President Donald Trump announced new tariffs of $200 billion on China and pulled down the major US stock indexes. The Dow Jones Industrial Average fell sharply and ended the day at 24,700.45. The S&P 500 fell 0.71% and ended at 2,774.02.
Major benchmark indexes are trying to stage a comeback as China's less-aggressive response to the latest tariffs give investors hope that a reconciliation between the two nations is still possible. In today's Intraday Update, we... •...note that Wednesday's selling "did not get emotional";•...consider what could happen in an all-out trade-war scenario; •...gasp as defense stocks spike on reports that NATO has agreed to U.S. demands for increased military spending. The Dow's slow rise turned to surge as defense stocks climbed sky-high, while the S&P 500 has climbed 0.7% to 2794.57. The turnaround was not surprising given Wednesday's selling "did not get emotional," wrote Frank Cappelleri, an Instinet technical analyst.
Based on the early price action, the direction of the September E-mini Dow Jones Industrial Average futures contract is likely to be determined by trader reaction to the Fibonacci level at 24868. The minor trend is up. A trade through 24611 will change the minor trend to down. This will also shift momentum to the downside.
Pension fund managers across the country have been underperforming the market and charging hefty fees to do so. That's helped widen the gap between what retirees are owed and what local governments have in their coffers.
The S&P 500 rose to five-month high price levels on Tuesday and clocked the fourth consecutive daily gain. However, the S&P 500 opened lower on July 11 and declined as the day progressed. On Wednesday, ten out of 11 major S&P 500 sectors closed the day lower. Weakness in the energy, materials, and industrials sectors weighed on the market. However, strength in the utilities sector limited the market’s loss.
The Dow Jones Industrial Average is making back yesterday's losses on trade optimism and solid economic data. •...highlight a Deutsche Bank upgrade of General Electric (GE). The trade war has yet to show signs of hitting the economy, and that's good enough for the stock market this morning.
The US non-farm payroll figure for June improved at a marginally slower rate than in May. In June, 213,000 jobs were added compared to 244,000 in May. The data for June, however, beat the market expectation of 195,000 job additions. The broader market S&P 500 Index (SPY), the Dow Jones Industrial Average Index (DIA), and the NASDAQ Composite Index (QQQ) rose 0.85%, 0.41%, and 1.34%, respectively, on Friday, July 6, after the announcement of the non-farm payroll report. The US unemployment rate threw a surprise for June as it grew to 4.0% from 3.8% a month earlier.
Wall Street was bouncing back in early trade on Thursday morning after an escalation in the trade war between the US and China jolted the market lower in the previous session. Investors also processed data this morning showing headline inflation in the US rose at its quickest pace in 6½ years, after a solid reading on wholesale inflation on Wednesday, which should keep pressure on the Federal Reserve to lift interest rates another two times in the remainder of 2018.