|Day's range||27,206.66 - 27,300.50|
|52-week range||21,712.53 - 27,398.68|
U.S. stocks rose on the heels of stronger-than-expected earnings results from several major companies Tuesday morning and an announced bipartisan agreement over the debt ceiling.
Investing.com – Wall Street jumped on Tuesday after upbeat earnings from blue-chip companies including Coca-Cola (NYSE:KO) and United Technologies (NYSE:UTX).
Investing.com – Tech stocks moved higher on Monday, but the rest of the stock market seemed to stand still.
Investing.com – Wall Street rose on Monday on the hope that technology earnings this week come in strong and top analysts' expectations.
Global stock markets were subdued Monday while the price of oil climbed as tensions in the Persian Gulf escalated after Iran's seizure of a British oil tanker on Friday. The price of oil rose 1.3% as the British government is due to chair an emergency meeting to discuss possible responses to the tanker's seizure and other recent conflicts with Iran in the Strait of Hormuz. The meeting of security ministers and officials will discuss how to secure shipping in the sensitive region, which is vital to the world's oil supply.
New York Fed President John Williams had markets on skates after he made remarks that referred to academic research but were interpreted as signaling for the Fed's next move on rates.
St. Louis Fed President James Bullard said he would take the job of Fed chair if offered, but said he has not been called on to do so.
Investing.com – What started as a solid stock market rally Friday was mostly wiped out by rising tensions in the Persian Gulf.
Wall Street's main indexes fell on Friday following a report that the Federal Reserve plans to cut interest rates by only a quarter-percentage point at the end of the month. The benchmark S&P 500 erased earlier marginal gains after a Wall Street Journal report on the Fed's plans. According to the report, while the U.S. central bank is not prepared to make a bigger 50-basis-point cut, it may make further rate cuts in the future given concerns about a decline in global economic growth and uncertainty about trade.
Investing.com – Wall Street jumped on Friday as strong earnings from Microsoft (NASDAQ:MSFT) helped lift tech stocks, while comments from New York Federal Reserve President John Williams boosted hope of a half-point rate cut at the end of the month.
The price of oil rose on Friday after the U.S. said it had destroyed an Iranian drone near the Persian Gulf, where a lot of the world's oil is shipped through. Stock markets were largely stable as investors monitor earnings and the ongoing trade talks between China and the U.S. Energy prices were ratcheted higher after U.S. President Donald said a U.S. warship had downed an Iranian drone that had been threatening.
Investors will get a pulse of the current state of the transportation industry when Kansas City Southern reports quarterly results ahead of the opening bell on Friday.