Dow Jones Industrial Average (^DJI)
DJI - DJI Delayed Price. Currency in USD
|Day's Range||18,408.52 - 18,514.29|
|52wk Range||15,450.56 - 18,722.61|
|Avg Vol (3m)||90,945,076|
- Editor's PickYahoo Finance•11 hours ago
Stocks are stuck in neutral as utilities and those safety names lag. Catch The Final Round with Jen Rogers and Yahoo Finance columnist Rick Newman. Stocks in the red today include outerwear maker G-III Apparel after it slashed full-year profit guidance, Hershey after food giant Mondelez said it was ending merger talks with the candy maker, and Abercrombie & Fitch.
- Editor's PickSam Ro•18 hours ago
“The current streak of market stability represents the longest period without a 1%+/- daily move since the summer of 2014,” Goldman Sachs’ David Kostin said of the trend on Friday. While this may be a welcome calm for investors, some Wall Street experts argue that the low volatility is unexpected and unwarranted in light of the global uncertainty we read about in the news everyday. In addition to the volatile global political environment, the impending tightening of monetary policy by the Federal Open Market Committee (FOMC) poses a very direct risk to the financial markets.
- Editor's PickLawrence Lewitinn•2 days ago
Fed Chair Janet Yellen and Vice Chairman Stanley Fischer used the Federal Reserve’s conference in Jackson Hole, Wyo., to prepare the world for at least one interest rate hike by year’s end. “They feel the data is strong enough that they are on their way for the next rate hike,” said Ben Emons, chief economist and head of credit portfolio management at Intellectus Partners. The world is a bit different now than in December 2015 when the Fed last raised rates, Emons postulated.