|Day's range||26,694.20 - 27,013.97|
|52-week range||21,712.53 - 27,398.68|
On October 10, in an interview with CNBC, Mike Wilson said investors should focus on the fundamental story. He's worried about expensive growth stocks.
Shares of tech companies Alibaba, JD.com, the Trade Desk, and Roku are up today. The broader indexes have also opened higher on trade talk optimism.
There may be one hell of a thing taking shape in the market thanks to President Trump and Federal Reserve Chair Jerome Powell.
Investing.com - Stocks finished at their highest levels in about two weeks as President Donald Trump touted a "substantial phase one deal" that resolves some of the trade disputes between the United States and China.
Investing.com – Markets rallied strongly for a third-straight day Friday after President Donald Trump tweeted that he had confidence a trade deal with China was close, although the market fell back slightly in the early afternoon.
Federal Reserve Bank of Minneapolis President Neel Kashkari spoke about his economic outlook at Yahoo Finance's All Markets Summit on October 10.
Minneapolis Fed President Neel Kashkari told Yahoo Finance that Fed Chairman Jerome Powell should "just say what he thinks we ought to do."
On Friday, investors will receive a snapshot on consumer sentiment in October and hear from several Federal Open Market Committee members ahead of the central bank’s next rate-setting meeting.
Asian stock markets followed Wall Street higher Friday on optimism about U.S.-Chinese talks on ending a tariff war. Benchmarks in Tokyo, Hong Kong and Seoul advanced, while Shanghai edged lower following a week of gains. Traders were encouraged by President Donald Trump's plan to meet Beijing's chief trade envoy.
So far, the Dow Jones Industrial Average has gained 165 points or 0.63% at the time of writing today. The Dow Jones Industrial Average ETF (DIA) has also risen.
Investing.com – Stocks climbed for a second day in a row Thursday as hopes built for some sort of trade deal between with the United States and China.
Minneapolis Fed President Neel Kashkari told Yahoo Finance October 10 that rates are near a level where there may be little need to hike or cut.
Dallas Fed President Robert Kaplan said Thursday that the yield curve signaled that the Fed's policy was too tight before it cut rates twice this summer.
Investing.com – Wall Street was flat on Thursday as high-level trade talks kicked off in Washington, as the U.S. and China attempt to work towards a deal.
High-level trade talks between U.S. and Chinese negotiators are slated to resume in Washington, D.C., on Thursday, providing an opportunity for both sides to make progress on a deal before the next tranche of tariffs on Chinese imports take effect.
Asian shares were mixed Thursday following broad gains on Wall Street as investors pondered mixed reports on the likelihood of progress in resolving the trade war between the U.S. and China. A day after escalating trade tensions led to a sharp sell-off, investors drew encouragement from reports that Beijing signaled it is open to a partial deal. Washington and Beijing are scheduled to begin a 13th round of trade negotiations on Thursday.
All three major U.S. stock averages closed in the black, but lost ground as the closing bell approached after Chinese officials said goodwill was damaged by the U.S. Commerce Department's blacklisting of 28 Chinese companies this week. Investor sentiment got an early boost following a Bloomberg report that China remained open to agreeing to a partial trade deal with the United States. Separately, the Financial Times said Beijing was offering to increase its annual purchases of U.S. agricultural products.
On Tuesday, Fed Chair Jerome Powell expressed willingness towards interest rate cuts amid the slowdown. So far, the Fed has cut the rates twice this year.
Investing.com – Wall Street opened higher for the first time in three sessions on Wednesday, driven by news that China had extended a peace offering ahead of high-level trade talks this week.
Stock markets in Europe brushed aside an earlier retreat in Asia to trade higher Wednesday amid hopes of progress in trade talks between the U.S. and China. The 13th round of trade negotiations between representatives from the world's biggest two economies are set to begin Thursday in Washington. "Hints of a Chinese willingness to accept a partial trade deal have bolstered European markets in morning trading, suggesting that there might be reason for optimism despite the chest-beating of the past few days," said Chris Beauchamp, Chief Market Analyst at IG.