|Day's range||25,521.66 - 25,728.16|
|52-week range||21,600.34 - 26,616.71|
Asia markets were mixed on Monday morning following a report that Chinese and American negotiators are working to de-escalate the trade dispute between the two countries. Asia markets mostly rose Monday morning, following a higher finish on Wall Street last Friday after a report said President Donald Trump and Chinese leader Xi Jinping may meet in November over escalating U.S.-China trade tensions.
Maersk, Musk and a mixed open. Here are some of the things people in markets are talking about today. The U.S. economy will be hit many times harder than the rest of the world by an escalating global trade war, according to the chief executive officer of A.P. Moller-Maersk A/S. Soren Skou, who runs the world’s biggest shipping company from Copenhagen, said the fallout of the current protectionist wave “could easily end up being bigger in the U.S.” Tariffs could slow global annual trade growth by 0.1 percent to 0.3 percent, though for the U.S. the effect could be “perhaps 3 or 4 percent,” he said at Maersk’s headquarters on Friday. Tesla Inc. Chief Executive Officer Elon Musk has ruled out changing his ways in response to an open letter from Uber Technologies Inc. board member Arianna Huffington. It follows an interview with the New York Times last week, in which Musk said he sacrificed family milestones in the race to meet Tesla production targets. Tesla shares plunged 8.9 percent on Friday after the interview with the New York Times in which he described the past 12 months as “the most difficult and painful year of my career.” References to Ambien use and driving while tweeting are fueling calls for Tesla’s board to step up its oversight of the company’s CEO and largest shareholder.
The Dow Jones Industrial Average could be on the verge of a major breakout. Veteran technician Ralph Acampora — often referred to as the 'godfather of technical analysis' — says the blue chip index's charts are flashing two particularly bullish signs heading into autumn.
Investing.com - The Dow closed sharply higher on Friday as traders cheered reports that plans were afoot for a meeting between President Trump and Chinese counterpart Xi that could pave the way for an end to the trade war.
U.S. stocks rose late in the day Friday as investors hoped the U.S. and China are making more progress in trade talks. The Wall Street Journal reported that the countries hope to resolve their dispute by November.
NEW YORK (AP) — Stocks rose late in the day Friday as investors welcomed signs of progress in resolving the trade dispute between the U.S. and China. The Wall Street Journal reported that the countries hope to have a resolution by November.
Want to know why the Dow Jones Industrial Average is doing what it's doing? The Dow Jones Industrial Average has risen more than 150 points or 0.6% to 25,712.26 and the S&P 500 has climbed 0.4% to 2851.99. Geopolitical concerns will have to wait—Turkey's stock market is closed Monday.
Revving Up. A sleepy morning has led to a less sleepy afternoon as the Dow Jones Industrial Average used what little go-go juice it had left over from yesterday to bust a move. •...rubberneck Tesla's (TSLA) stock wreck. The Dow gained 60 points, or 0.2%, to 25,617.73, while the S&P 500 has risen 0.1% to 2844.53 and the Nasdaq Composite has fallen 0.3% to 7785.98.
On August 9–16, US equity indexes had the following correlations with US crude oil September futures: the S&P Mid-Cap 400 (IVOO): 46.9% the S&P 500 (SPY): 38.7% the Dow Jones Industrial Average (DIA): 32.5%