|Day's range||7,822.8267 - 7,863.7739|
|52-week range||6,177.1899 - 7,867.1499|
Global stock markets were drifting lower Thursday as investors awaited further moves in global trade disputes with the U.S. mulling whether to impose new tariffs on autos and auto parts. Its trading partners ...
SEOUL, South Korea (AP) — Asian stock markets were drifting Thursday in mixed trading as investors awaited further moves in global trade disputes.
Big gains for banks and for transportation companies like airlines and railroads took U.S. stock indexes slightly higher Wednesday. Other parts of the market didn't move much.
BAML (Bank of America Merrill Lynch) conducted a survey that polled 178 global investors with $663 billion in assets under management from July 6–12. According to the survey, fund managers are turning increasingly bearish on corporate and economic performance prospects.
Tech stocks were under mild selling pressure near midday Wednesday, but shares of Amazon held up after the Nasdaq 100 giant called its recent Prime Day the most successful ever.
The Dow Jones Industrial Average is barely moving this morning. •...and highlight a Goldman Sachs downgrade of Clorox (CLX). S&P 500 futures have dipped 0.1%, while Dow Jones Industrial Average futures have ticked up 3 points.
According to data provided by the United States Census Bureau, US retail sales rose strongly in June and met market expectations. It stood at 0.5% in June compared to a 0.8% rise in May, and it beat the market expectations of a 0.5% increase.
Morgan Stanley, United Continental and railroad CSX were among Wednesday's early earnings beats, but a rising dollar and pending testimony from Fed Chief Powell kept early trade in check.
After gaining for two consecutive trading weeks, the S&P 500 started this week on a mixed note by losing momentum on Monday. Carrying forward the weakness, the S&P 500 opened lower on July 17. However, the S&P 500 regained strength as the day progressed and closed at 5.5-month high price levels.
Google parent Alphabet stock entered buy range Tuesday, but the European Union just imposed a $5 billion fine over Android. Apple, American Express, Five Below and Proofpoint are just below entries.
World markets mostly rose Wednesday, spurred by the U.S. Federal Reserve's positive assessment of the U.S. economy and signs that industrial production is steady. KEEPING SCORE: Germany's DAX added 0.7 ...
SINGAPORE (AP) — Asian markets climbed higher on Wednesday as a sweep of positive news from Wall Street and beyond boosted confidence in the U.S. economy.
Asian stocks are poised to advance after an upbeat assessment on the economy from Federal Reserve Chairman Jerome Powell lifted U.S. shares. The dollar rallied and Treasuries were little changed.
Equities rose, led by gains in financials and industrial companies, after Morgan Stanley earnings beat forecasts, helping to offset a slide in tech stalwarts such as Apple and Microsoft. The peso swung ...
•...explain why Charles Schwab (SCHW) is up nearly 4% and why Omnicom Group (OMC) is down more than 7% (hint:earnings). Stocks have gotten a small boost on an otherwise nowhere-going day on Chairman Powell's testimony. "Fed Chair Powell was as uneventful as can be. Usually, the markets hang on every word and look to the commentary for direction, but today was not that day–most likely, because investors have heard it all before or, as Chuck Butler, editor of A Pfennig For Your Thoughts, puts it: "The economy is robust, unemployment is down, yadda, yadda, yadda..." While Chairman Powell's "businesslike" tone was a departure from previous leadership, Michael Shaoul of Marketfield Asset Management noted that Powell's speech added little to policy.
Tech traders who spent the last few days worrying about what Netflix Inc.’s earnings would hold should’ve been thinking about something else: Jay Powell’s congressional testimony. After starting the day in the red after Netflix bombed on subscriber growth, the Nasdaq Composite Index rebounded before noon and closed at a record, along with Amazon.com Inc., Facebook Inc. and Google parent Alphabet Inc. The index’s jump coincided with Federal Reserve chairman Powell’s comments suggesting the pace of interest rate increases could be slowed down if needed.
Netflix stock and Amazon.com's Prime Day dominated the headlines Tuesday as the Dow Jones, S&P 500 and Nasdaq composite recovered impressively after a soft start.
Financial stocks jumped on Monday although the broader market struggled, as impressive economic data and quarterly results failed to boost investors??? confidence.
Netflix led tech stocks lower early Tuesday as Johnson & Johnson, Goldman Sachs and UnitedHealth Group reported and markets looked toward Senate testimony from Fed Chief Powell.
The S&P 500 closed at 5.5-month high price levels last week and clocked the second consecutive weekly gain. The S&P 500 opened slightly higher on Monday and traded with mixed sentiment throughout the day. On July 16, eight out of 11 major S&P 500 sectors closed the day lower.
Tech stocks fell significantly overnight as Netflix tumbled on weak subscriber growth. FANG stocks Amazon, Facebook and Google also retreated, along with Apple.
Asian markets fell on Tuesday as mounting tensions over U.S. tariffs overshadowed data suggesting global growth was still on track. Japan's benchmark Nikkei 225 bucked the regional trend, gaining 0.4 percent to 22,692.82. The Dow Jones Industrial Average added 0.2 percent to 25,064.36 as Goldman Sachs, JPMorgan Chase, and Boeing climbed.
The Dow Jones Industrial Average edged higher today. The S&P 500 and the Nasdaq Composite did not. In today's After the Bell, we... •...explain why the Dow outperformed the rest of the major indexes; •...review ...