|Day's range||7,096.62 - 7,185.38|
|52-week range||6,190.17 - 8,133.30|
All three major indexes surged more than 1%, but not all investors were happy. Tesla slumped and the government shutdown was in its 27th day.
NEW YORK (AP) — Stocks in the U.S. and Europe jumped Friday as renewed hopes for progress in trade talks between the U.S. and China helped the markets finish the week with another strong gain.
The Dow Jones industrial average gained for a fourth straight week and marked a bullish close above its 50-day line. Will these China stocks win big?
Stocks in the U.S. and Europe jumped Friday as renewed hopes for progress in trade talks between the U.S. and China helped the markets finish the week with another strong gain.
Stocks today rallied powerfully after China offered $1 trillion to seal a trade deal with the U.S. Caterpillar, Home Depot and Chevron led the Dow Jones.
Stock indexes were up more than 1% Friday afternoon, after hopeful news on the trade squabble with China cheered investors.
The Dow Jones Industrial Average is up 1.1%, to 24,648.88 in recent trading. The S&P 500 and Nasdaq Composite are both surging 1.2%.
11:20 a.m. The Dow Jones Industrial Average has gained more than 200 points on reports that China has offered to eliminate its trade deficit with the U.S. by 2024. The Dow has risen 233.77 points, or 1%, to 24,603.87, while the S&P 500 has gained 1.1% to 2664.48, and the Nasdaq Composite has climbed 1.1% to 7162.20. Bloomberg reported that China had offered to reduce its trade deficit with the U.S. to $0 by 2024, the last year of President Donald Trump’s presidency if he were to get re-elected.
Stocks are off to their best start in 32 years—led by the small-cap Russell 2000—but 1987 is a year that lives in infamy on Wall Street.
Hints of China trade progress sent U.S. stocks and global markets higher Friday, but Netflix and Tesla posted heavy losses, hampering early gains.
Thursday’s report that the U.S. is considering lifting tariffs on China to push the trade talks forward lifted stock-index futures. Hope for a deal wasn’t enough to lift Tesla and Netflix.
The market jumped sharply following a report that U.S. officials are considering lifting tariffs on Chinese imports as a way to advance trade talks. Gains soon faded.
The latest on developments in financial markets (all times local): 4:00 p.m. U.S. stocks are closing with solid gains after the Wall Street Journal reported that some U.S. officials want to reduce the ...
Stocks, which had been flat most of the day, spiked when The Wall Street Journal reported that the U.S. was considering new tactics in talks with China, including lowering tariffs. They pulled back when the White House denied the report.
In stock market news, major stock indexes rallied late Thursday on a report that the U.S. is considering lifting China tariffs to speed up trade talks.
More small and midcap techs are breaking out. At least 11 stocks in the Dow Jones industrials have an RS Rating of 80 or higher, vs. a 20 for Apple.
The Nasdaq and S&P 500 were pushing ahead with small gains at noon on Thursday, after starting the day on a downbeat note.
BEIJING (AP) — Chinese stocks rose Friday on signs of possible progress in negotiations over Beijing's tariff war with Washington.
Stock ownership has gotten extremely concentrated in the U.S. with the top 1% owning half of equities held by American households.
Why Tech Stocks Surged on January 15The NASDAQ Composite Index surged 1.7% on January 15Tech stocks recovered on January 15 led by stellar rallies in the FAANG (Facebook, Amazon, Apple, Netflix, and Alphabet’s Google) stocks after two
Stocks came under modest pressure early Thursday, as earnings misses from Morgan Stanley and CSX weighed, and the Dow Jones industrials faced a key test.
Even after a price hike that sent some Netflix customers to social media in outrage, the company can “continue to raise prices,” said media mogul and tech investor Barry Diller. Besides his prediction on Netflix and the TV streaming wars, Diller explained why critics should back off Facebook, what he thinks of the Trump presidency, and what makes him consider Elon Musk a genius.