|Day's range||25,243.88 - 25,482.42|
|52-week range||22,887.12 - 26,951.81|
The Dow Jones Industrial Average closed lower Monday—where it joined the Nasdaq and S&P 500—despite spending most of the day in positive territory. The Dow Jones Industrial Average lost 89.44 points, or 0.4%, to 25,250.55 on Monday, while the S&P 500 receded 0.6% to 2750.79, and the Nasdaq Composite dropped 0.9% to 7430.74. The numbers have been strong so far: As of last Friday, 29 S&P 500 companies have reported their third-quarter results, and 79% of them have topped analyst earnings estimates, according to Bank of America Merrill Lynch.
After a wobbly day of trading, U.S. stocks fell for the seventh time in eight days Monday as technology companies continued to slide. Industrial and high-dividend companies rose, and the market's losses were limited relative to the steep losses it suffered last week. Along with technology companies, health care and energy stocks and retailers also fell as the companies that have led the U.S. market higher this year continued to struggle.
After a wobbly day of trading, U.S. stocks fell for the seventh time in eight days Monday as technology companies continued to slide. Industrial and high-dividend companies rose, and the market's losses ...
On October 5–12, US equity indexes fell. Last week, the S&P 500 (SPY), the the Dow Jones Industrial Average (DIA), and the S&P Mid-Cap 400 (IVOO) fell 4.1%, 4.2%, and 4.9%, respectively. Energy stocks form ~5.9%, 5.2%, and 5.1%, respectively, of these equity indexes.
On October 5–12, US crude oil November futures fell 4% and closed at $71.34 per barrel on October 12. Bearish inventory data might have pulled oil prices in the last week.
STOCKSTOWATCHTODAY BLOG Not Too Bad. The Dow Jones Industrial Average was heading lower Monday morning, following a nerve-racking week, but the damage isn’t too great…yet. Trade with China is still an issue, and fears about higher oil prices have been added to the mix due to tensions between the U.
TOKYO (AP) — Global stocks mostly slipped Monday as investors continued to worry about global trade and prospects for economic growth. The price of oil rose amid tensions over Saudi Arabia, a major crude exporter.
On October 11, US crude oil’s implied volatility was 26.2%, which is ~3% above its 15-day average. The inverse relationship between oil prices and oil’s implied volatility is illustrated in the following graph. Since reaching a 12-year low in February 2016, US crude oil active futures have risen 170.8%. Crude oil’s implied volatility has fallen ~65.2% since February 11, 2016.
STOCKSTOWATCHTODAY BLOG 6:23 a.m. A bad week ended with a good day. Too bad the good times couldn’t last. S&P 500 futures have fallen 0.4%, while Dow Jones Industrial Average futures have declined 79 points, or 0.
Global stocks trade lower at the beginning of the week on several international issues – rising bond yields, trade war, Italy and geopolitical tensions all weigh on the markets.