|Day's range||24,375.04 - 24,678.07|
|52-week range||20,553.45 - 26,616.71|
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 ...
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 ...
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.
GDPNow is a forecasting model that provides a running projection of the U.S. Bureau of Economic Analysis GDP estimate using a methodology similar to the one used by the Bureau. GDPNow says, “It is not an official forecast of the Atlanta Fed. Rather, it is best viewed as an updated estimate of real GDP growth based on available data for the current measured quarter. The Bureau’s first estimate for the March quarter comes out the next day, Friday, April 27, which will then be updated on May 30 and June 28.
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.
A U.S. bond sell-off continued for a second day on Friday, pushing the 10-year Treasury yield to its highest level in more than four years and steepening the yield curve after two weeks of flattening. World stock markets dipped as worries about a global slowdown in smartphone demand dented the technology sector, while oil prices fell after U.S. President Donald Trump sent a tweet criticizing OPEC and then mostly recovered. The higher yields seemed to reflect a technical shift in the market, rather than a jump in investor confidence in the U.S. economy or rising inflation, so analysts are regarding the steeper curve as temporary.
U.S. stocks extend losses in late trade to end lower on Friday, as weakness in technology and consumer staples shares offset the latest batch of corporate earnings, which largely continued to beat expectations....
The technology index (.SPLRCT) was the biggest drag on the S&P 500 with a 1.5 percent drop after registering three straight days of losses ahead of a key earnings week for the sector. "There continues to be some concern over interest rates and their potential impact on equities. The Dow Jones Industrial Average (.DJI) fell 202.09 points, or 0.82 percent, to 24,462.8, the S&P 500 (.SPX) lost 22.98 points, or 0.85 percent, to 2,670.15 and the Nasdaq Composite (.IXIC) dropped 91.93 points, or 1.27 percent, to 7,146.13.
U.S. stocks closed lower on Friday, with major indexes slumping in a broad decline. While Wall Street posted a second straight positive week, the selloff heavily eroded the week's gains. The Dow Jones ...
The Dow Jones Industrial Average on Friday was encountering intensifying selling pressure with less than an hour left of trading, with the blue chip gauge on the verge of giving up its weekly gain. Part ...
Want to know why the Dow Jones Industrial Average and other major indexes are doing what they're doing? 3:20 p.m. Even a better-than-expected quarter from General Electric (GE) couldn't lift the market from its funk. The Dow Jones Industrial Average has lost 275.32 points, or 1.1%, to 24389.57, while the S&P 500 has slipped 31.13 points, or 1.2%, to 2662, and the Nasdaq Composite tumbled 111.24 points, or 1.5%, to 7126.82.
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.
The Dow Jones Industrial Average tumbled more than 200 points this afternoon, pointing toward its second day in a row in the red, as Apple and rising interest rates knocked stocks for a loop. •...follow up on Danaher (DHR) following yesterday's earnings report. It’s a weird day when General Electric (GE) is trying to lift the Dow higher and Apple (AAPL) is dragging it down.
Investing.com – Wall Street fell on Friday as investors digested earnings results and rising bond yields weighed eased traders appetite for risk.The S&P 500 was down over five and a half points or 0.21% to 2,687.49 as of 9:44 AM ET (13:43 GMT) while the Dow composite decreased 55 and a half points or 0.23% to 24,609.19 and tech heavy NASDAQ Composite fell nearly 37 points or 0.52% to 7,00.27.U.S. bond yields crept back up on Friday, with the United States 2-Year note climbing to its highest level since September 2008, at 2.449. ...
U.S. stocks fell on Friday, with the S&P 500 returning to negative territory for the year as losses accelerated in midday trading. The benchmark index lost 0.8%, and is now down less than 0.1% for 2018 ...
The Dow Jones Industrial Average late-morning Friday was trading lower for a third straight session, with shares of Apple Inc., exacting the largest toll on the blue-chip gauge. Apple shares were off 3.4%, or about $5.92, with the magnitude of the drop sapping about 40 points from the Dow in early action. The Dow most recently was down 230 points, or 0.9%, at 24,438, while the S&P 500 index was off 0.8% at 2,670 and the technology-laden Nasdaq Composite Index down 1.1% at 7,158.
BlackRock’s (BLK) Larry Fink also shared his views on the bull market in his recent interview with CNBC. He believes in staying invested in the equity market.
U.S. stocks fell to session lows in late-morning trading on Friday, with the Nasdaq dropping 1% amid a steep decline in Apple stock. The Dow Jones Industrial Average fell 0.8% while the S&P 500 lost 0.7% ...
Shares of General Electric Co. surged on Friday, after the troubled industrial conglomerate posted better-than-expected quarterly results. In its results, General Electric reported earnings and revenue that topped expectations. It also said it was making progress on its cost-cutting efforts and reaffirmed its 2018 financial targets.
Between April 12 and April 19, 2018, US equity indexes’ correlations with US crude oil June futures were as follows: the S&P 500 Index (SPY) at -23.9% the S&P Mid-Cap 400 Index (IVOO) at -25.5% the Dow Jones Industrial Average Index (DIA) at -45.7%
Sometimes nothing at all is really just nothing at all...especially for the Dow Jones Industrial Average. S&P 500 futures have risen 0.1% at 9:13 a.m. today, while Dow Jones Industrial Average futures have dipped 6 points.