|Day's range||24,274.56 - 24,791.26|
|52-week range||23,344.52 - 26,951.81|
Google CEO heads to Capitol Hill, and CBS shareholders will be gathering in NYC on Tuesday.
Be careful: There are no longer opportunities to undo Roth conversions. Recent market declines don't have to be all bad news for investors: They may provide you an opportunity to cut your taxes in retirement. In all, market volatility has been the norm since October.
After a strong start, which was also boosted by healthy economic data, the three indexes pared gains to about 0.5 percent, helping the S&P 500 and Dow Jones Industrial Average cut some of their losses for the year. U.S. and Chinese officials discussed a road map for the next stage of trade talks, while President Donald Trump said negotiations were "very productive" and an "important announcement" was imminent. Adding to the optimism was a Bloomberg report that China is moving to cut import tariffs on U.S.-made cars to 15 percent from 40 percent, which lifted shares of General Motors Co and Ford Motor Co.
In the week that ended on November 30, US crude oil inventories were 6% higher than their five-year average—one percentage point less than in the previous week. Oil prices and the inventories spread usually move inversely.
On December 10, US crude oil January futures fell 3.1% and settled at $51 per barrel. The Energy Select Sector SPDR ETF (XLE) fell 1.6% on the same day.
Global stocks climbed Tuesday, as investors awaited developments in trade talks between Washington and Beijing that kicked off with a phone call involving key negotiators. U.S. futures put both the S&P 500 and the Dow Jones Industrial Average on course to gain 0.6% at the New York open.
Small business sentiment fell in the U.S., French bond yields were rising, and China and the U.S. continue to go toe-to-toe. Markets are rising anyway.
Wall Street was on shaky ground at lunchtime in New York, with both the S&P 500 and Dow Jones Industrial Average turning negative. on US auto imports in a move that could help thaw the tense trade relations between Washington and Beijing. Mr Trump said that although he did not want to see a shutdown, he would be proud if it did happen over a border security issue.
Investing.com - Asian markets were mixed in morning trade on Tuesday amid reports that China and the U.S. are preparing next stage of trade talks.
US stock-index futures were higher on Tuesday amid hopes of progress in the US-China trade war. Investors have fretted that the arrest in Canada last week of a high-ranking executive at Chinese telecoms ...
One trend is that stock-market advances have been smaller and more gradual, while declines have been swifter and more severe. Meanwhile, the Dow Jones Industrial Average has posted four slumps of 3% or more this year without a rise of that size—on track to make history with that streak. The trend paints a picture of the market struggling to climb higher while slipping more easily into one-day plunges, indicating investor sentiment is deteriorating.
Wall Street had a volatile session overnight which saw the Dow recover from a 507-point drop. Meanwhile, U.K. Prime Minister Theresa May delayed a Brexit vote that was set to take place on Tuesday in the U.K. parliament. Also on Monday, the Reserve Bank of India's chief, Urjit Patel, resigned abruptly, stoking concerns over the independence of the central bank.
The market rebounded from the deep losses seen Monday morning, leaving all three major indexes in positive territory by the end of the day.
Apple got hit with a court order to stop selling older iPhones in China, and the biggest biotech IPO in history is still selling below its offering price.
The energy index was the S&P's biggest percentage loser as oil prices declined and financial stocks tumbled with the S&P 500 bank index (.SPXBK) confirming it was in bear territory. It might explain a little bit the reversal," said David Joy, Ameriprise Chief Market Strategist. The Dow Jones Industrial Average (.DJI) rose 34.31 points, or 0.14 percent, to 24,423.26, the S&P 500 (.SPX) gained 4.64 points, or 0.18 percent, to 2,637.72 and the Nasdaq Composite (.IXIC) added 51.27 points, or 0.74 percent, to 7,020.52.
U.S. stocks remained volatile Monday as the market recovered from sharp losses in morning trading to end with modest gains. The Dow Jones Industrial Average lost as much as 507 points in early trading before ending with a gain of 34.
On November 30–December 7, US equity indexes ended in the red. Last week, the S&P Mid-Cap 400 (IVOO), the S&P 500 (SPY), and the Dow Jones Industrial Average (DIA) fell 5.2%, 4.6%, and 4.5%, respectively. Energy stocks form ~5.1%, 5.9%, and 5.2%, respectively, of these equity indexes.
Investing.com - The market selloff continued in midday trading on Monday as the Dow dropped almost 500 points amid concerns over global growth and trade tensions between the U.S. and China.The S&P 500 lost 47 points, or 1.8%, as of 11:24 AM ET (16:24 GMT), while the Dow decreased 482 points, or 2%, and the tech-heavy Nasdaq Composite fell 87 points, or 1.2%.Ongoing trade tensions increased after Chinese officials summoned the U.S. ambassador to Beijing on Sunday to protest the arrest of the chief financial officer of Chinese electronics giant Huawei, Meng Wanzhou, in Canada. ...
On December 7, the US 10-Year Treasury Constant Maturity Minus 3-Month Treasury Constant Maturity yield spread fell to ~45 basis points—a multiyear low. The contraction in the yield spread might be due to investors’ demand for a longer-dated maturity security than a shorter dated security. In the last three decades, when the yield spread turned negative, a recession started in the next year. Another contraction in the yield spread might be trouble for oil bulls. Oil is a growth-driven asset.
The stock market looks set for its fourth consecutive day of declines—but you’d be hard pressed to find a new reason for the tumble.