|Day's range||2,749.97 - 2,761.85|
|52-week range||2,322.25 - 2,872.87|
U.S. stocks bounced Friday but notched weekly losses, after a shaky stretch of trading renewed many investors’ fears over the course of trade policy.
This past week marks the 10th anniversary of the collapse of Bear Stearns, the storied and scrappy Wall Street firm whose end came slowly, then suddenly, after a soured bet on the subprime mortgage market. Jeffrey Gundlach was one of the few. Gundlach, CEO and chief investment officer of Los Angeles–based DoubleLine Capital, which he co-founded in 2009, and a member of the Barron’s Roundtable, doesn’t see any disasters in the offing, unmitigated or otherwise.
J.P. Morgan estimates that the $1.2 trillion in overseas cash will lead to historic stock buybacks this year and I believe in 2019.
The Dow Jones Industrial Average finished up 72 points today, and the S&P 500 broke its four-day losing streak. •...and wonder if getting people to take their medicine can help pharmaceutical companies like Bristol-Myers Squibb (BMY) and Eli Lilly (LLY). The Dow has gone mostly nowhere this year but that hasn't stopped investors from feeling a bit exuberant about the market.
NEW YORK (AP) — U.S. stocks edged higher Friday as gains from energy companies, industrial firms and smaller companies helped the market end a modest losing streak.
For stock market investors, the coming week is likely to see the Federal Reserve move back into focus, stealing the spotlight back, at least briefly, from worries about tariffs and political turmoil.
Add heightened political risk to the growing number of factors that have been contributing to volatility on Wall Street.
Tiffany (TIF) fell to the bottom of the S&P 500 on Friday, on its fourth-quarter earnings. Tiffany lost $5.20, or 5.1%, to $97.51, while the S&P 500 gained 9.43 points, or 0.60%, to 1586.05. The jeweler said it earned $1.67 a share on revenue of $1.33 billion, while analysts were looking for earnings of $1.63 a share on revenue of $1.32 billion. Comparable sales rose 3% in the quarter.
PepsiCo Inc. Chief Executive Indra Nooyi received more than $31 million in total compensation, which the company said late Friday is about 650 times the salary of a typical worker. Firms are reporting ...
Ulta Beauty (ULTA) shot to the top of the S&P 500 on Friday, thanks to its fourth-quarter earnings. Ulta rose $15.74, or 7.6% to $221.88, while the S&P 500 gained 9.43 points, or 0.60%, to 1586.05. The earnings report wasn't great at first blush: The beauty products seller said it earned $2.75 a share, below the $2.78 per-share consensus, on revenue of $1.94 billion, which matched analysts’ expectations. For the current quarter, it sees earnings between $2.43 and $2.48 a share on revenue of $1.506 billion to $1.519 billion, while the Street is looking for earnings of $2.66 a share on revenue of $1.52 billion.
The S&P 500 and the Dow Industrials rose on Friday, boosted by strong industrial output numbers, though all three of Wall Street's major indexes posted losses for the week. February industrial production jumped 1.1 percent, the largest increase in four months. Energy led the major sectors of the S&P 500 with a 1.0 percent gain, as oil prices rose 1.7 percent.
U.S. stocks were mostly higher, with the S&P 500 on track to break a four-day losing streak, after a round of upbeat economic data, though major indexes remained on track for weekly losses.
U.S. stocks edged higher Friday as gains from energy companies, industrial firms and smaller companies helped the market end a modest losing streak. On Friday: The S&P 500 index picked up 4.68 points, ...
U.S. stocks closed slightly higher on Friday, as a round of positive economic data overshadowed ongoing political uncertainty, though major indexes posted sharp declines for the week. Based on preliminary ...
U.S. stock-market investors have grown concerned about interest rates of late, with many accepting that they’re going to rise, but still worried that the jumps will happen too quickly. According to one ...
The real attention, however, should be on the Nasdaq and the Dow. The S&P 500 has risen 0.3%, to 2755.09, while the Dow Jones Industrial Average has gained 108.13 points, or 0.4%, to 24,981.79. The Nasdaq Composite is little changed at 7484.83.
The S&P 500 was up nine points or 0.33% to 2,756.42 as of 9:42 AM ET (13:42 GMT) while the Dow composite increased 54 points or 0.22% to 24,927.85, and tech heavy NASDAQ Composite rose 18 points or 0.25% to 7,500.55.