|Day's range||2,760.24 - 2,775.66|
|52-week range||2,346.58 - 2,940.91|
Louise Yamada believes the market downturn is not securely in the past. According to the Wall Street technician, a retest of the December low is possible. Yamada, who runs Louise Yamada Technical Research Advisors, acknowledges that 2800 is a key level on the S&P 500.
BANGKOK (AP) — Asian shares are mostly higher as Chinese and U.S. officials prepare for trade talks in Washington this week.
Hopes for progress in Sino-U.S. trade talks and expectations of policy stimulus from central banks lifted world stocks to 2 1/2- month highs on Monday, though European gains were held back by concern over the outlook for auto makers. MSCI's All-Country World Index rose 0.4 percent after Japan's Nikkei closed up 1.8 percent at its high for the year and MSCI's index of Asian equities rose almost 1 percent. Negotiations will resume this week, with U.S. President Donald Trump saying he may extend a March 1 deadline for a deal.
Walmart is scheduled to report fiscal fourth-quarter financial results Tuesday before the market’s open. Here’s a snapshot of Wall Street’s expectations and some recent history.
Asian share markets bounced broadly on Monday as investors dared to hope for both progress at Sino-U.S. trade talks in Washington this week and more policy stimulus from major central banks. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.9 percent, largely recovering from a sharp fall last Friday. Japan's Nikkei climbed 1.8 percent to its highest level of the year so far, while Shanghai blue chips rallied 2.1 percent.
Stocks have been euphoric about the potential for a trade deal between the U.S. and China, but the bond market has been acting gloomy and has been more focused on uncertainty and the chances for a recession. The Fed's signal that it could hold off on interest rate hikes has been a factor behind the stock market's rise, and relatively low bond yields, which move opposite price. The stock market is euphoric over the idea that a trade deal between the U.S. and China will fix the economy and boost earnings.
46 S&P 500 companies report earnings this week, including Walmart, CVS Health and Kraft Heinz. Plus, the Fed releases minutes from its January meeting.
Investing.com - Markets will be keeping abreast of the next round of trade discussions between the U.S. and China in Washington this week, as the two sides race to reach a deal that would avert a tariff increase on Chinese goods by March 1.
Money manager Douglas Gordon is worried about a potentially widespread problem in long-term investors' portfolios. Gordon, who's instrumental in building Russell Investments' asset allocation strategies, believes many investors haven't rebalanced their portfolios to reflect the historic 2019 stock market rally. According to Gordon, the market rally's robust gains are tilting investors too far into stocks.
Jeffrey Gundlach, founder of DoubleLine Capital, discusses the outlook for the market, tax policy, cannabis, millennials, the national debt, and the 2020 presidential campaigns.
Jeffrey Gundlach warns that buyers of December's low will accelerate selling when that buy goes underwater.
A fat yield can signal a great opportunity -- or trouble. Here's what you need to know about tantalizing yields.
Industrial shares are on track to drive the stock market’s gains on a quarterly basis for the first time in more than five years, fueling anxiety about a rapid unwind should trade negotiations with China stall. The S&P 500 industrials sector, which includes stocks like Caterpillar Inc., Boeing Co. and American Airlines Group Inc., has led this year’s rebound with a 16% increase. The group hasn’t been the best performer in any quarter since the end of 2013 and has only ever held the title four times, according to Dow Jones Market Data.
WASHINGTON—Economic data are usually noisy, but this week included an onslaught of negative and often contradictory signals that made even seasoned economists scratch their heads. A Federal Reserve report on Friday showed U.S. industrial production dropped sharply in January, even though other data have suggested the manufacturing sector remains strong. Then the University of Michigan reported a February rebound in consumer sentiment, a day after the Commerce Department said consumer spending sank during the holiday shopping season.
Feb.13: Interest rates are falling, and a growing chorus is forecasting slower growth and tepid inflation. Consensus has shifted to a point where virtually all forecasters expect interest rates to follow inflation toward the cellar. Interest rates have followed those expectations lower: The benchmark 10-year Treasury note, which reached a 3.2% yield as recently as November, has since slid to 2.7%.
All three major stock indexes ended the day in the black, buoyed by hope that the U.S. and China are making progress in their trade talks. News that President Donald Trump declared a national emergency to get money for a border wall failed to derail the gains.
The Dow Jones Industrial Average surged more than 400 points Friday as renewed optimism over trade talks between the U.S. and China put investors in a buying mood. U.S. markets will be closed Monday in observance of Presidents Day. China's government said negotiators will meet in Washington next week for more negotiations aimed at ending the trade war between the world's largest economies.
Progress in the U.S.-China trade talks helped send world stock markets broadly higher on Friday and pulled investors out of the safety of government bonds. The Dow Jones Industrial Average rose 443.86 points, or 1.74 percent, to 25,883.25, the S&P 500 gained 29.87 points, or 1.09 percent, to 2,775.6 and the Nasdaq Composite added 45.46 points, or 0.61 percent, to 7,472.41. China and the United States reached a consensus in principle on some key issues during the talks, China's state news agency Xinhua said on Friday.
Wall Street rallied on Friday, with the Dow and the Nasdaq posting their eighth consecutive weekly gains as investors grew hopeful that the United States and China would hammer out an agreement resolving their protracted trade war. All three major U.S. indexes ended the session higher, and for the fourth straight session, the S&P 500 held above its 200-day moving average, a key technical level. Talks between the United States and China will resume in Washington next week, with both sides saying progress has been made toward resolving the two countries' contentious trade dispute.