|Day's range||2,820.19 - 2,841.36|
|52-week range||2,346.58 - 2,954.13|
It will be a short week with markets close Monday, but trade-related news and several retail earnings will take the spotlight this week.
Is the U.S.-China trade war — roiling markets worldwide and threatening the outlook for growth —rooted in economics, or something far more ominous and long-lasting?
Stocks rose in Europe on Monday, after a mixed day in Asia, as pro-EU forces retained a majority in the 28-nation bloc's parliament despite the rise of nationalist parties in a region-wide vote. Germany's DAX climbed 0.4% to 12,061 and the CAC 40 in France added 0.2% to 5,326. Environmentalist parties also made strong gains, especially in Germany, at the expense of center-right and center-left groups that have dominated the EU.
The New York Stock Exchange, Nasdaq, and bond markets will be closed on Monday, May 27, as the U.S. observes Memorial Day and commemorates the men and women who lost their lives serving in the military. The markets are open the Friday before the federal holiday, but the Dow Jones Industrial Average, the S&P 500, and the Nasdaq Composite will be at standstills on Monday. The Nasdaq has added 15%.
Data compiled by Ned Davis Research shows the S&P 500 would be 19% lower between 2011 and the first quarter of 2019 without buybacks. The other options for companies to deal with that cash — holding it, reinvestments and dividends — would have also led to lower returns. "Without focusing too much on numbers, we can say that the S&P 500 index would probably be lower today if not for buybacks versus other uses of cash," says Ed Clissold, chief U.S. strategist at Ned Davis Research.
“The Section 232 aluminum tariffs are a $350 million annual tax on beer,” Beer Institute President Jim McGreevy tells Barron’s. “That’s a drag on beer that wine and other spirits don’t have. McGreevy is referring to Section 232 of the Trade Expansion Act of 1962, which says a U.S. president can impose tariffs on foreign goods in the interest of national security. President Donald Trump imposed tariffs on imported steel and aluminum in March 2018, leading to a 35% increase in the price of aluminum shortly thereafter.
Annuities have their place—but not in young teachers’ retirement accounts. These advisors are trying to fix a broken system that puts teachers at a big disadvantage.
Pay for CEOs at the biggest U.S. companies climbed 7% last year, widening the chasm between the top executives and their workers, whose pay didn't rise as quickly. Chief executives at S&P 500 companies earned a median of $12 million last year, roughly $800,000 more than the same group of CEOs made the year before. NEW YORK (AP) -- The few women who are CEOs of the largest U.S. companies typically make more money than their male counterparts but aren't close to the top of the leaderboard for pay packages.
Wall Street's major stock indexes edged higher on Friday after falling in the previous session, as hopeful comments from U.S. President Donald Trump regarding trade relations with China assuaged concerns among some investors. Trump said late on Thursday that he saw a resolution to the trade war with China "happening fast." He added that Chinese telecom equipment company Huawei Technologies Co Ltd, which the White House has blacklisted, could also be included in a trade deal. No high-level talks between the United States and China have been scheduled since the last round of negotiations in Washington two weeks ago.
World equity markets rebounded on Friday from the previous day's sharp fall, after U.S. President Donald Trump said complaints against China's Huawei Technologies Co Ltd might be resolved within the framework of a Sino-U.S. trade deal. Tensions remained high, with China accusing U.S. Secretary of State Mike Pompeo of fabricating rumors after he said Huawei's chief executive was lying about the telecom network gear maker's ties to the Chinese government.
The Dow Jones Industrial Average jumped 95.22 points, or 0.37%, to close at 25,585.69. The S&P 500 added 3.82 points, or 0.14%, to end at 2826.06, and the Nasdaq Composite gained 8.73 points, or 0.11%, to close at 7637.01.
Stocks on Wall Street notched modest gains Friday, erasing some of the market's steep losses from a day earlier. Stocks swung between gains and losses all week as investors weighed the prospect of a prolonged trade war between the U.S. and China. The modest gains snapped a two-day losing streak for the S&P 500 as investors saw opportunity after the previous days' wave of selling.
Stocks are closing higher on Wall Street Friday, led by gains in financial companies, as the market rebounds from steep losses a day earlier. Intuit gained 6.7% after the maker of TurboTax reported quarterly earnings and revenue that topped expectations. Investors have been worrying about the escalating trade war between the U.S. and China, though things were quiet on the trade front early Friday.
Here are the highest paid CEOs in the S&P 500 index for 2018, as calculated by The Associated Press and Equilar, an executive data firm. The AP's compensation study covered 340 executives at S&P 500 companies ...
"Another one we like is Morgan Stanley MS ," he said. Mark Newton, president and founder of investment consulting firm Newton Advisors, took more of a top-level approach to these high-yield opportunities. "I like consumer staples here," he told CNBC in the same interview.
Prepare for more churn around these levels, said Mark Tepper , president of Strategic Wealth Partners. "We're really trying to target good companies that are big players in investible themes, and health care as a sector has struggled this year but it's been resilient over the past month. As the S&P 500 has tumbled 4% this month, the XLV health care sector ETF has held slightly positive.
Investing.com - The S&P; 500 ended higher Friday, as President Donald Trump offered some hope on a quick resolution to the U.S.-China trade war, but a warning from Beijing that it's not above launching further countermeasures against Washington kept gains in check.
The combination of mounting recession fears, bets on a more cautious Fed and a regular uptick in market volatility could spell more losses, writes Nomura. "Investors should be focused on the potential downside for global equities in the near term, given that sentiment is still pointing down," writes Masanari Takada. Investors have pointed to trade angst for a 1% decline in the Dow Jones Industrial Average and a 1.3% fall in the S&P 500 this week.