|Day's range||1,440.70 - 1,471.96|
|52-week range||1,422.98 - 1,742.09|
It's kaboom for stocks as hopes build a trade deal with China is coming soon. Plus - RBC getting bearish on high-flying Tesla - the analyst making "the call of the day" joins us - live. And - we check the charts with technician Brian Shannon - is the S&P 500 still in danger territory? Plus - we're watching the action from London and a no confidence vote Theresa May. Catch The Final Round at 3:00 p.m. ET with Jen Rogers, Yahoo Finance's Editor-in-Chief Andy Serwer and markets correspondent Myles Udland.
U.S. stocks couldn't hang on to a big gain Wednesday, but they still finished broadly higher as technology and health care companies rose. That helped reverse some of the market's big losses from the week ...
U.S. stocks couldn't hang on to a big gain Wednesday, but they still finished broadly higher as technology and health care companies rose. Stocks initially rallied after the Wall Street Journal reported that China's government could make changes to its "Made in China 2025" economic development plan. "Any time you get some semblance of good news on trade, you've had this tendency to see a pretty sharp rally," said Liz Ann Sonders, chief investment strategist for Charles Schwab.
Stocks shaking off an early selloff here, paring some steep selloffs - but the last hour of trading will be crucial. We'll have More on the markets coming up - INCLUDING hedge fund heavyweight Kyle Bass weighs in.... Plus - Tesla shares poised for a breakout? It's the call of the day. And - Apple weighs as China bans certain iPhones - BUT Apple's fighting back. We have the latest on this big story. Plus - IPO activity is heating up - Uber, Lyft.... and why some other unicorns are talking the Spotify DIRECT route. Catch The Final Round at 3:00 p.m. ET with Jen Rogers, Yahoo Finance's Editor-in-Chief Andy Serwer and markets correspondent Myles Udland.
More losses may be ahead for U.S. stocks in the short term, according to an indicator with a fittingly ominous name: the death cross. A chart pattern tracked by technical analysts and other market mavens, a death cross forms when an index's near-term moving average of daily closing prices falls below its long-term moving average as both averages are declining. On Friday, the S&P 500 Index, the U.S. benchmark for large stocks, joined the main gauge of small companies' share performance, the Russell 2000, in forming a death cross.
Wall Street capped a turbulent week of trading Friday with the biggest weekly loss since March as traders fret over rising trade tensions between Washington and Beijing and signals of slower economic growth.
A scary chart pattern, called the 'death cross,' formed in the chart of the S&P 500 on Friday, signaling traders that there could be more selling ahead. The death cross formation appeared in the chart of the small cap Russell 2000 index just over three weeks ago, and the Russell has lost 4.4 percent since then. The death cross means the market could stay "lower for longer," said one technical strategist.
Stocks dove again on Wall Street Friday, capping a turbulent week of trading that gave the benchmark S&P 500 index its worst weekly loss since March. Technology stocks led the broad sell-off, which erased ...
No rest for a weary Wall Street. Stocks are getting crushed again. Plus, Apple is tumbles again as another bank gets bearish. It’s the call of the day. And, what does the jobs report mean for the Fed’s calculus and the markets? Plus, there’s more intrigue on the Huawei case that roiled markets this week. We have the latest. Catch The Final Round at 3:30 p.m. ET with Myles Udland and Seana Smith.
LONDON (AP) — Shares rebounded in Europe and Asia on Friday as worries over U.S.-China trade friction were calmed by conciliatory comments from Beijing. Attention was turning toward upcoming U.S. jobs data.
Economists and analysts are actually reasonably good at getting the general direction correct, but awful at anticipating turning points. Answering this question represents the fundamental 2019 investment challenge for portfolio managers,” David Kostin, chief US equity strategist at Goldman Sachs, wrote in his annual outlook. Big picture: the median forecast of strategists polled by Bloomberg indicates the US economy will grow 2.6 per cent in 2019, while the S&P 500 will end the year at 3,090 points, with the 10-year Treasury yield at 3.44 per cent. Pretty much everyone expects the dollar to weaken next year, as the Fed interest rate cycle peaks.
U.S. stocks clawed most of their way back from a deep slide Thursday that at one point had wiped out the market's gains for the year.
U.S. stocks clawed most of their way back from a deep slide Thursday that at one point had wiped out the market's gains for the year. An early sell-off briefly knocked more than 700 points off the Dow Jones Industrial Average as the arrest of a senior Chinese technology executive threatened to cause another flare-up in tensions between Washington and Beijing. BEIJING (AP) -- China on Thursday demanded that Canada release an executive of Chinese tech giant Huawei who was arrested in a case that compounds tensions with the U.S. and threatens to complicate trade talks.
Major U.S. stock indexes finished mostly lower Thursday after a late wave of buying erased most of the losses from a steep early market slide. The early plunged was triggered by the arrest of a senior ...