|Day's Range||29,289.90 - 29,373.60|
|52 Week Range||24,244.31 - 29,373.62|
Futures fell as Asia markets sold off Tuesday: Earnings season is the next test for the hot stock market rally. Netflix and Texas Instruments earnings are due Tuesday night.
The outbreak of a deadly respiratory virus in China, which has claimed the lives of at least four people, has investors concerned for a SARS-like outbreak in the region ahead of this week's Lunar New Year celebrations, sending stocks lower in markets around the world.
“Because of the stiff competition to recruit and retain this talent, more companies are investing in their employees’ experiences at work,” says Amanda Stansell, senior economic research analyst at Glassdoor.
U.S. stock and bond markets are closed on Monday in observance of the Martin Luther King Jr. holiday, coming as Wall Street absorbs a record-setting rally for equities.
Where is this stock market head in the coming days and weeks? That is the trillion-dollar question some nervous strategists, analysts and traders are wrestling with, following a relatively brisk rally for equities to kick off 2020.
The U.S. stock market has enjoyed a nearly uninterrupted assault on records, highlighted by the Dow Jones Industrial Average (DJIA) closing at a milestone above 29,000 for the first time and the S&P 500 (SPX) achieving its own landmark close above the psychological round-number at 3,300, while investors in the Nasdaq Composite Index (COMP) may have their sights trained on 10,000.
Martin Luther King Jr. Day honors the civil rights movement figure who gave the famous “I Have a Dream” speech. Wondering if the stock market is open today? U.S. stock markets won’t be open normal hours for MLK Day.
Make no mistake, this market move is not normal, and is not something which should be able to continue technically into and through February without a major hiccup, according to technical analyst Mark Newton
Given the prolonged move up in terms of price and time, the direction of the March E-mini Dow Jones Industrial Average on Monday is likely to be determined by trader reaction to Friday’s close at 29279.
The better-than-expected economic data demonstrated the resilience of the U.S. consumer in keeping the current economic expansion alive, and the solid corporate earnings from U.S. banks points toward the importance of the Fed holding interest rates at favorable price levels.
“When pigs squeal, feed them.” Brad Lamensdorf, portfolio manager for AdvisorShares Ranger Equity Bear ETF, used that expression to describe what he sees in his “Chart of the Week,” which, he says, should have investors hearing alarm bells.
The bull market can’t possibly last another 10 years, right? It absolutely can, according to Nick Maggiulli, who examined what he calls the “investor’s fallacy” in a post on his “Of Dollars and Data” blog.
The New York Democrat tweeted her thoughts on “inequality in a nutshell,” in a response to NBC’s coverage of a fresh high for the Dow Jones Industrial Average on Friday.
There’s always an reason to sell, especially if you’re a regular consumer of financial news. Disaster looms around every corner, so say the clickiest headlines. But reasons to buy? Well, those are a bit trickier to track down.
Bitcoin’s price surged nearly 98% in 2019, as measured by futures traded on the CME Group Inc. and is up 23% so far this year. Here’s why.
More concerns about software in the grounded jet drove Boeing shares down Friday. The level of uncertainty swirling around Boeing shares is “unprecedented.”
Legendary investor Howard Marks likes to analyze probabilities and he's determined that when it comes to the stock market, chances of healthy, future returns are falling, he said in an interview with Bloomberg Television.
Since September, the central bank, through the Federal Reserve Bank of New York, has been purchasing securities hand over fist to alleviate short-term pressures in the overnight money markets. Powell and the Fed have repeatedly denied this is a new phase of “quantitative easing (QE),” three rounds of which added $3.6 trillion to the Fed’s balance sheet in the years after the financial crisis.
KEY WORDS ‘The worst thing that clients and investors can do with the market at current levels is pull the plug and go underweight equities. There’s time left on the clock. We still think there’s room for this market to move higher.
Stock investors celebrating the Dow Jones Industrial Average knocking on 29,000’s door should remember what happened exactly 20 years ago. On Jan. 14, 2000, the Dow (DJIA) hit its bull-market high prior to the bursting of the internet bubble.