|Day's range||7,215.1748 - 7,277.4492|
|52-week range||5,880.2002 - 7,637.2700|
Two black men whose arrest at a Starbucks in Philadelphia has triggered a furor over racial profiling say they are pushing for changes to make sure that what they went through doesn't happen to anyone else. DALLAS (AP) -- Southwest Airlines sought more time last year to inspect fan blades like the one that snapped off during one of its flights Tuesday in an engine failure that left a passenger dead. The airline opposed a recommendation by the engine manufacturer to require ultrasonic inspections of certain fan blades within 12 months.
NEW YORK: Wall Street's three major indexes closed lower on Thursday, with tobacco stocks leading a tumble in consumer staples while concerns about smartphone demand hurt the technology sector. Cigarette ...
Stocks closed broadly lower Thursday, snapping a three-day winning streak. Losses in technology companies and consumer products makers and health care stocks accounted for much of the decline. Banks bucked ...
According to the AAII Sentiment Survey, 37.8% of investors describe themselves as bullish, meaning they expect prices will be higher six months in the future. The reading represents an eight-week high, and growth of 11.7 percentage points from the previous week, although it is below the long-term average of 38.5%. The Dow Jones Industrial Average (^DJI) is up 0.7% over the past week, while the S&P 500 (^GSPC) is up 1.1% and the Nasdaq Composite Index (^IXIC) is up 1.4%.
U.S. stocks fell on Thursday, with major indexes declining broadly as the latest round of earnings failed to extend a recent rally. However, stocks closed off their lows of the session. The Dow Jones Industrial ...
Want to know why the Dow Jones Industrial Average and other major indexes are doing what they're doing? 3:45 p.m. We're used to the market selling off during the last hour of the day, so imagine out surprise when we looked over at our chart of the Dow Jones Industrial Average and saw instead a sudden spike. According to Bloomberg, Deputy Attorney General Rod Rosenstein told President Donald Trump that Special Counsel Robert Mueller isn't targeting him when the two met last week.
Long-dated Treasury yields early Thursday trade at the highest level in nearly a month, but shorter maturities saw a slight pullback in rates, as inflation expectations rose
U.S. stocks fell broadly on Thursday, with both the Dow and the S&P 500 dropping back below a closely watched technical level. The Dow fell 0.7%, a decline that pushed it below its 50-day moving average, a closely watched gauge of an asset price's short-term momentum trends. Both the Dow and the S&P had closed above this level for two straight sessions.
In the previous part of this series, we saw that Morgan Stanley (MS) thinks the bull market will end soon. It said the present bull market has already priced in the market movement and there is nothing else that will strengthen it. The most important factor investors should watch in the present scenario is earnings growth, which plays a major role in market movement.
If they’re a harbinger of the rest of earnings season, then stocks will likely move higher as more companies report. The other big reason for the rebound is that “Trump risk” appears lower now than it did when I wrote about it a month ago, largely because talk of a full-blown trade war with China has diminished.
On Tuesday, April 17, 2018, leading investment firm Morgan Stanley (MS) shared its views on the bull market in a research report. According to the report, the positive impact of the fiscal policy has already been priced into the market movement and won’t add more value to any future movement. The bull market has been mainly driven by the expectation of a huge tax reform and improved government spending.
U.S. stock indexes on Thursday opened slightly lower, with the Dow set to mark a second downbeat day in a row and the broader market benchmarks poised to snap a three-session string of gains. The Dow Jones ...
LONDON (AP) — Global stock markets traded in fairly narrow ranges Thursday following a solid rebound based on waning fears about a trade war. Oil prices though pushed ahead to touch fresh multi-year highs on improving optimism about the global economy.
Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, recently shared his views on the current trade war talk and the rising concern about other geopolitical tensions in a LinkedIn blog post. Ray Dalio said, “Donald Trump threatening to raise the stakes by $100 billion and the Chinese promptly indicating that they will match the moves dollar for dollar and step by step took me and people closer than me to the negotiations by surprise.
Taiwan Semiconductor (TSM) missed and warned today. They lowered 2Q revenue guidance to $7.8-$7.9 billion. The street was at $8.82 billion. They blamed it on smart phone slowing. Mizuho securities also warned today that Apple’s (AAPL) forward guide would have to come down as well.
U.S. stock futures pointed to muted action at the open Thursday, putting the equity market on track to catch its breath after the Dow dipped in the prior session, while the S&P 500 and Nasdaq Composite ...
HONG KONG (AP) — Asian shares rose on Thursday as improving optimism about the global economy helped investors shake off worries about geopolitical risks for the moment.
The Australian share market has opened higher after stronger commodities prices lifted BHP, Rio Tinto and shares in other miners. At 1030 AEST, the local currency was worth 77.91 US cents, up from 77.59 US cents on Wednesday.
Juniper Networks’ (JNPR) revenue fell 11% YoY (year-over-year) in 4Q17, primarily due to weakness in the company’s routing business and cloud vertical. Juniper has attributed this weakness to a shift to scale-out from scale-up architecture among cloud customers. Lower demand from cloud customers has meant that Juniper stock has fallen ~11% since October 2017, when the company announced its preliminary 3Q17 results, which were lower than analyst estimates.
Stocks posted a mixed finish Wednesday, with the Dow Jones Industrial Average unable to overcome a tumble by component IBM as investors looked past better-than-expected earnings. The S&P 500 rose 0.1% ...
New York Fed President William Dudley said Wednesday there "is still some distance to go" before monetary policy gets tight. The Federal Reserve in March lifted its federal funds rate target to between 1.5% and 1.75%. Dudley, who plans to retire this year, said a gradual path of interest rate increases remains appropriate.
U.S. stock markets continued their winning streak for the second consecutive day supported by robust first-quarter earnings results and strong economic data
U.S. stock indexes opened modestly higher Wednesday, putting the Dow on track to build on an earnings-driven rally that has taken it back into positive territory for the year. The Dow Jones Industrial ...