|Day's range||24,400.20 - 24,536.89|
|52-week range||20,553.45 - 26,616.71|
The Dow Jones Industrial Average early Monday was under selling pressure, with a decline in shares of Goldman Sachs Group Inc., exacting the most pressure among the benchmark's 30 components. The Dow was ...
Homes were typically on the market for 30 days in MarchA "for sale" sign outside a home in Pasadena, California. The numbers: Existing-home sales were at a 5.60 million seasonally adjusted annual pace in March, the National Association of Realtors said Monday.
Government bond yields climbing and a shrinking gap between short-term and long-term Treasury rates have prompted some consternation on Wall Street, driving equity prices lower as investors fret about ...
American companies grew faster in April, especially manufacturers, in a reflection of a steadily expanding U.S. economy. But inflationary pressures increased as well.
U.S. stocks were under pressure in early trade Monday, as rising bond yields weighed on Wall Street sentiment. The closely watched yield on the 10-year Treasury note climbed, approaching a psychologically important 3% level.
The US Government today signaled it may give the world’s second largest Aluminum producer, Rusal, a break on aluminum sanctions. Alcoa has dropped almost 12% in response to the action. The problem with a fickle government without a real cohesive strategy is whippy returns. Who know what will happen next? Support for Alcoa could be at the $49 level. The stock recently peaked over $60 on the sanctions and a decent 2018 outlook. Take a look at our Alcoa post-earnings report here from last week.
U.S. stock benchmarks opened slightly higher on Monday, but investors were focused on climbing government bond yields and a wave of corporate results from technology companies this week. The Dow Jones ...
There is a good reason not to pay attention to General Electric earnings and analysts who cover the company. The drastic underperformance of General Electric’s stock will surely jump out at you. Please click here for an annotated chart of General Electric.
Nasdaq Composite futures have gained 0.3%. Investors, of course, haven't been worrying just about rising 10-year yields but also the flattening yield curve. Yardeni Research's Ed Yardeni made that point this morning, noting that stock investors might want to the Fed to stop raising rates, but we all know that's not going to happen.
On April 13–20, 2018, US equity indexes had the following performances: The S&P 500 Index (SPY) rose 0.5%. The Dow Jones Industrial Average Index (DIA) rose 0.4%. The S&P Mid-Cap 400 Index (IVOO) rose 0.9%.
Earnings season is in full swing, and the week of April 23 is jam-packed with releases by some of the market’s most popular companies. Here are 20 reports we will be watching closely next week:
Want to know why the Dow Jones Industrial Average and other major indexes are doing what they're doing? Check back here for a semi-live look at the volatile markets from Barron's reporters.trader 6:50 a.m. There's a little bit of everything for the markets this morning. On the trade front, reports that Treasury Secretary Steven Mnuchin might travel to China to discuss trade were greeted as a sign of detente between the US and China.
As large tech companies report first-quarter earnings in a flood of results during the next two weeks, they face a major test: Will they continue to post huge growth, and fuel further overall gains for ...
Based on last week’s price action, the direction of the June E-mini Dow Jones Industrial Average futures contract this week is likely to be determined by trader reaction to the short-term 50% level at 24923.
While there are many complementary explanations, the most heated arguments center on the role of monetary policy. Careful analysis suggests John Williams, the incoming president of the Federal Reserve Bank of New York, may agree with those who blame excessively low interest rates for the boom and bust. In response to the triple shocks of the tech bust, the Sept. 11 terrorist attacks, and the wave of corporate defaults in the early 2000s, Fed Chairman Alan Greenspan and the majority of his colleagues pushed the policy interest rate down to 1%.
Aussie investors should brace for a soft opening on Monday after Wall Street and European markets closed the week at a loss. Commsec chief economist Craig James said investors were spooked about the jump in US bond yields, while technology stocks were down on Wall Street. "We're likely to see a soft opening in trading here," Mr James told AAP on Sunday.
Political uncertainty will be an even bigger factor for investors as the November midterm elections approach, says Goldman Sachs.
Mark Mobius, the 81-year-old investment guru, believes the U.S. stock market is set for a 30% correction that would essentially wipe out the gains of the last two years. The renowned fund manager, who left Franklin Templeton, the American investment house, after more than 30 years in January, said “all the indicators” point to a large fall in the S&P 500 (^GSPC) and the Dow Jones Industrial Average (^DJI) . “I can see a 30% drop,” said Mobius, who launched one of the world’s first emerging market funds.
The Federal Reserve must be on the lookout for imbalances given the unusual timing of the fiscal stimulus, said Fed Governor Lael Brainard, on Friday.
US stock markets rally during the week but pulled back enough to form shooting stars in both the Dow Jones 30 and the NASDAQ 100. That’s interesting, because it shows that we are perhaps struggling to go higher, and we could see a bit more downward pressure. However, we also have plenty of support underneath.
US stock markets were a bit soft on Friday, rolling over and showing signs of exhaustion. Higher interest rates continue to weigh upon the Dow Jones 30 and the NASDAQ 100, but I think there’s plenty of support underneath to eventually turn things back around.
The Dow fell 201.95 points, or 0.8%, to 24,462.94, while the S&P 500 dropped 0.9% to 2670.14, and the Nasdaq Composite tumbled 1.3% to 7146.13. "Investors rode one big wave this week, with the S&P 500 opening higher on Monday and rallying through midday on Wednesday, then selling off from midday Wednesday through the close on Friday," writes Bespoke Investment Group's Justin Walters. The Dow advanced 102.80 points, or 0.4%, to 24,462.94 this week, while the S&P 500 rose 0.5% to 2670.14.
The global bond market’s primary benchmark, the 10-year U.S. Treasury yield, is knocking on the door of 3 percent, a level it hasn’t topped in more than four years. Higher yields make the burden of everything from mortgages to student loans and car payments even heavier. Some market gurus see it as a turning point with effects that could be felt for years -- and not just in bonds.