|Day's range||2,800.01 - 2,809.70|
|52-week range||2,417.35 - 2,872.87|
The Dow Jones Industrial Average finished lower on the day, but not enough to really count. •...and explain why State Street (STT) sank to the bottom of the index. The S&P 500 rose 0.52 point this week after dipping 0.1% to 2801.83 today, while the Dow Jones Industrial Average advanced 38.71 points, or 0.2%, this week after declining 6.38 points today to 25,058.12 today.
On a day the major benchmarks were mostly flat, General Electric fell on concerns over its power business, while Microsoft reported strong sales gains.
Charles De Vaulx and his colleagues at International Value Advisers, including founder Charles de Lardemelle, have a deserved reputation as quintessential stockpickers. Despite the fund’s go-anywhere mandate, de Vaulx and de Lardemelle have lately struggled to find attractive investments—IVA won’t buy anything that isn’t at a big discount to intrinsic value—and the firm’s two funds are closed to new investors. Soon, perhaps, there may be more opportunities to buy, given the macroeconomic conditions that de Vaulx outlined in a recent conversation with Barron’s. He also obliged us with a few stock picks and commented on the latest plans afoot at one of his largest holdings, Berkshire Hathaway (BRK.A).
These are today's winners and losers from the S&P 500. More from Bloomberg.comPutin Tells Diplomats He Made Trump a New Offer on Ukraine at Their SummitTrump Invited Putin to Washington for Fall Summit, Sanders SaysTrump Says He’s ‘Ready To Go’ With $500 Billion in Tariffs on All China ImportsRead S&P 500 Winners and Losers for 07/20 on bloomberg.
Rarely does a day go by in the U.S. stock market without someone decrying its addiction to gains in the FANG bloc of tech megacaps. Now, in the middle of earnings season, their support has gone missing, and the result has been something less than a catastrophe. The S&P 500 Index ended where it started, and the Nasdaq 100 -- home of Facebook Inc., Amazon.com, Netflix Inc. and Google parent Alphabet Inc. -- slipped from a record.
Between July 12 and July 19, US equity indexes’ correlation with US crude oil September futures was as follows: The S&P 500’s (SPY) was 20.6%. The S&P Mid-Cap 400’s (IVOO) was 84.7%. The Dow Jones Industrial Average’s (DIA) was -10.1%.
It may not be obvious amid the screaming headlines -- about currency manipulation, Fed jawboning, Russia summit, yuan weakening, etc. -- but U.S. stocks continue their low-volatility, bull-market grind ...
Stocks aren’t moving much as President Donald Trump encroaches on the independence of the Federal Reserve and threatens to escalate a trade war with China.
Emerging-market stocks, not those in the U.S., are taking the brunt of investors’ fears. The MSCI Emerging Markets Index is down 7.7 percent this year through Wednesday, while the S&P 500 Index is up 5.3 percent. The list of bogeymen in emerging markets is long, according to a recent survey of 20 investors, traders and strategists.
Donald Trump’s big gift to Wall Street, earnings growth surpassing 20 percent, is in danger of being drowned out by the escalating trade and currency wars, stock fund managers warned. His belligerence ...
The S&P 500 Index fell ~0.4% to 2,804.49 on July 19. The index fell due to disappointing second-quarter earnings results from some of the S&P 500 companies and escalating trade tensions between the US and Europe. The European Union could impose tariffs on goods imported from the US. Six out of the 11 key sectors in the S&P 500 fell on July 19.
Let's put Glencore Plc (GLNCY) stock into this equation and find out if it is a good choice for value-oriented investors right now.
Early earnings news from Microsoft, Intuitive Surgical and VF Corp. on Friday countered the weak global trade that followed new trade threats from the White House. The Dow and S&P 500 opened lower, as they sought their third straight weekly gains.
Let's put Dover Corporation (DOV) stock into this equation and find out if it is a good choice for value-oriented investors right now.
The Dow Jones Industrial Average is poised for a fall morning as trade war worries resurface. Look Up Stocks ended lower on Thursday, and it looks like the Nasdaq, helped by Microsoft (MSFT), may be the only index to buck that trend Friday. Dow Jones Industrial Average futures are 0.4% lower, while S&P 500 futures are off 0.2% but Nasdaq Composite futures are clinging to gains, up 0.1%.
The Kansas City, Missouri-based company said it had profit of $1.45 per share. Earnings, adjusted for non-recurring costs, were $1.54 per share. The results topped Wall Street expectations. The average ...
For U.S. industrials, the focus is on the post-earnings trade pop. Almost one-fourth of industrial companies in the S&P 500 Index have reported second-quarter results, and all 18 have beaten on the bottom line. Industrials were the third-worst performing group in the first six months of the year, dropping 5.6 percent.
President Donald Trump lashed out at China and the European Union for their weak currencies and said a stronger dollar and rising interest rates are undermining America’s “competitive edge,” taking a fresh jab at the Federal Reserve. Trump also said he’s prepared to impose U.S. tariffs on all Chinese imports.
Fresh Sell-Off Hits Gold: Is $1,200 the Next Stop? In the previous part, we discussed how gold prices lost ~1% following Fed Chair Jerome Powell’s strong outlook for US economic growth and his conviction in the gradual rate hike path. Gold fell ~0.43% on July 19 and ended the day at $1,218 per ounce.