Yahoo Finance's Alexis Christoforous and Jared Blikre break down the latest market action after June Retail Sales rose 0.5%, with May results revised substantially higher. Here's the performance of select trending stocks as of 11:00 am ET: IQ IQIYI Inc ADS 6.92% AMD Advanced Micro Devices Inc 4.20% BAC Bank of America Corporation 2.40% C Citigrp Inc 2.32% CSCO Cisco Systems 2.35% SOGO Sogou Inc 2.31% JPM JPMorgan Chase & Co 2.00% WFC Wells Fargo 1.76% SHOP(HB) Shopify Inc 1.74% CMCSA Comcast Cl A 1.59% BA Boeing Co 1.37% TVIX(HB) VS 2X VIX Short Term 1.16% MU Micron Tech 1.21% SQ Square Inc 0.99% AMZN Amazon.com Inc 0.89% AMAT Applied Materials 0.85% T AT&T Inc 0.79% NKE Nike Inc Cl B 0.76% JCP(HB) Penney (J.C.) 0.63% TRXC(HB) TransEnterix Inc 0.65% VZ Verizon Communications 0.54% NKTR(0) Nektar Therapeutics 0.46% UVXY(HB) ProShs Ultra VIX Short-Term 0.31% VXX iPath S&P 500 VIX Short-Term 0.29% X U.S. Steel Corporation 0.30% RAD Rite Aid 0.00% FB Facebook Inc 0.29% DIS Disney (Walt) Co 0.25% BIDU Baidu Inc 0.23% AAPL Apple Inc 0.25% CRM salesforce.com Inc 0.23% FIT Fitbit Inc 0.23% HMNY(HB,F) Helios and Matheson Analytics 0.27% HUYA(HB) HUYA Inc 0.16% GOOGL Alphabet Inc Cl A 0.13% LRCX Lam Research 0.03% WBA Walgreen Boots Alliance Inc 0.13% QCOM Qualcomm Inc 0.04% QQQ Invesco QQQ Trust Series 1 0.02% GOOG Alphabet Inc Cl C Cap Stock 0.01% GE General Electric Co 0.04% GEVO(HB) Gevo Inc 0.00% MSFT Microsoft Corp -0.04% HD Home Depot Inc -0.02% BABA Alibaba Group Holding Ltd -0.04% BILI(HB) Bilibili Inc ADS -0.22% SPY SPDR S&P 500 ETF -0.09% PYPL PayPal Hldgs Inc -0.10% KO Coca-Cola Co -0.11% CVS CVS Health Corp -0.13% TWTR Twitter Inc -0.20% DBX Dropbox Inc -0.25% SIRI Sirius XM Hldgs Inc -0.28% CELG Celgene Corp -0.33% INTC Intel Corp -0.34% PG Procter & Gamble Cc -0.40% NVDA Nvidia Corp -0.42% AVGO Broadcom Inc -0.42% GILD Gilead Sciences -0.45% PFE Pfizer Inc -0.47% BB BlackBerry Ltd -0.49% TEVA Teva Pharm Indus ADR -0.54% V Visa Inc -0.55% NFLX Netflix Inc -0.53% IBM Intl Business Machines Corp -0.58% WMT Wal-Mart Stores -0.57% JD JD.com Inc -0.63% KMI Kinder Morgan Inc -0.81% GERN(HB) Geron Corp -0.83% ABBV AbbVie Inc -0.91% JNJ Johnson & Johnson -0.98% ADBE Adobe Systems -1.04% SNAP(HB) Snap Inc -1.16% SBUX Starbucks Corp -1.18% ORCL Oracle Corp -1.30% XOM Exxon Mobil -1.40% CVX Chevron Corporation -1.44% CAT Caterpillar Inc -1.52% F Ford Motor -1.59% ARWR(0) Arrowhead Pharma Inc -1.71% MO Altria Grp -1.71% SRPT Sarepta Therapeutics Inc -1.87% ROKU Roku Inc Cl A -1.88% BP BP P.L.C. ADS -2.28% PBR Petroleo Brasileiro S.A. ADS -2.67% TSLA Tesla Inc -3.49% SDRL(HB) Seadrill Limited -3.87% ACBFF(HB) Aurora Cannabis Inc -5.01% CGC(HB) Canopy Growth -5.35% CHK Chesapeake Energy Corp -5.97%
The U.S. dollar index sputtered around the unchanged line Tuesday as investors readied for Federal Reserve commentary on the interest-rate gap that sets the buck above its major counterparts so far this year.
The exchange says it has got the go-ahead to acquire three regulated firms, the first step in a plan to offer tokens deemed as securities in the U.S.
Investing.com - The dollar slid lower against a currency basket on Tuesday ahead of congressional testimony by Federal Reserve Chairman Jerome Powell, which markets will be watching closely for any indications on the path of interest rate hikes.
U.K. stocks edged higher Tuesday, as commodity shares worked on recovering from a sell-off in the prior session, while the pound moved modestly higher following U.K. jobs data that should help the Bank of England decide what’s next for monetary policy.
Investing.com – The dollar was little changed on Tuesday as investors awaited further clues on monetary policy when Federal Reserve Chairman Jerome Powell testify on the economy and monetary policy later in the day.
Investing.com – Gold prices were little changed on Tuesday as the dollar steadied ahead of the U.S. Federal Reserve Chairman Jerome Powell’s first congressional testimony.
Investing.com – Bitcoin and other major cryptocurrencies prices surged on Tuesday after reports revealed that investment giant BlackRock Inc (NYSE:BLK). is looking into cryptocurrency investments.
Key stats out of the UK over the next few days could reinforce an August rate hike by the BoE, while FED Chair Powell may need to elaborate on possible effects of the trade war in the economy and policy.
Gold markets initially rallied during the day, reaching towards $1245 level before finding sellers again. Now that we have broken down after that initial rally, it looks as if there is still bearish pressure in the Gold markets that could come into play.