|Day's Range||28,028.32 - 28,290.73|
|52 Week Range||21,712.53 - 28,290.73|
From accommodative central banks to Brexit clarity, much went investors’ way this past week. Still, U.S. stocks finished only slightly higher on the week.
A vote on impeachment by the full House is widely expected to come before Christmas, putting the Republican-led Senate on track to try President Donald Trump in January.
Democrats are not satisfied with the economy. Yes, unemployment is way down and the stock market (DJIA)(SPX) is way up, but average hard-working Americans are still having a hard time getting ahead. Imposing higher taxes on the rich would actually help the economy grow faster, Democrats say.
China expressed cautious optimism Saturday about a first-step trade agreement that dials down a trade war it blames the U.S. for starting.
A recent poll of likely voters shows 61% of Americans said that the market’s rally has had little or no impact on their finances.
Buy equities, add U.S. agriculture and hedge against the 2020 U.S. presidential election — three of JP Morgan’s top trade picks for the year ahead.
Our call of the day from BTIG’s top strategist says his bullish S&P 500 forecast may turn out to be way too conservative, especially if trade negotiations smooth out.
Howard Marks, co-founder of Oaktree Capital Management, who has made billions investing in distressed debt, says that a 2020 election victory likely would be a major relief for Wall Street investors.
U.S. economy may chug along for another two years without a blip thanks to the Federal Reserve’s low rates, which makes it a good time to own stocks, say analysts at BCA Research.
DEEP DIVE (This is the first in a three-part series listing highly rated stocks that sell-side analysts expect to rise the most over the next 12 months. This article covers large-cap stocks. Part 2 covers mid-cap stocks and part 3 covers small-caps.
DEEP DIVE As we approach the end of 2019, it’s time not only for year-end lists, but end-of-decade lists. U.S. stocks have had what can only be called an excellent decade. MarketWatch will feature a number of forward-looking articles building on the past decade’s action.
Dollar-cost averaging is a popular strategy in which an investor purchases an asset at regularly timed intervals to mitigate the risk of buying high. But what about “dollar-cost ravaging?”
Berkshire Hathaway’s Warren Buffett once hailed Bush for delivering a timely take on the economy during the financial crisis. One blogger takes a look at the relevance of those words today.
You’ve put money aside for retirement year after year, sometimes the max, sometimes less when you had expenses to pay. You’ve invested it well, so now you have a good enough nest egg to carry you through the next phase of your life — retirement. There are plenty of vehicles aimed specifically at investing for retirement, especially target-date funds, where fund managers reduce your stockholdings as your chosen retirement date draws near.
Delta Air Lines Inc., Chief Executive Officer Ed Bastian says he’d like to offer Wi-Fi free on his airline’s flights but right now it would crash the system.
The tentative phase one U.S.-China deal, plus the vote ensuring that Britain will leave the European Union, add clarity for investors, who bid up shares. Also, a tidal wave of debt threatens frackers.
All three major stock indexes closed with minor gains on Friday after Thursday’s rally. A “phase one” trade deal between the U.S. and China has finally arrived. The U.K., after the election, will likely leave the European Union.
President Donald Trump announces a phase-one trade deal with China on Friday, saying Beijing had agreed to purchases of U.S. goods and will avoid tariffs that had been set to go into place on Sunday.
U.S. stocks closed slightly higher Friday after President Donald Trump and Chinese officials announced a trade pact that includes a rollback of some tariffs, the scrapping of further duties originally set for Sunday, and promises of targeted U.S. agricultural purchases by China.
President Trump tweeted Thursday that China and the U.S. were getting “very close to a [trade] deal.” The stock market immediately rocketed. • The momo (momentum) crowd is aggressively buying stocks.
The S&P 500 and the Nasdaq Composite finished the week at records Friday but enthusiasm over an announced China-U.S. partial trade deal, which had sparked buying Thursday, faded as investors weighed aspects of the so-called phase-one pact. The Dow Jones Industrial Average closed up about 0.01% at 28,135, missing a record close at 28,164, while the S&P 500 index advanced less than 0.01% to 3,169, enough for a fresh all time high. The Nasdaq Composite Index closed up 0.2% to end at 8,735, marking its second straight all-time closing peak. For the week, the Dow gained 0.4%, the S&P 500 returned 0.7%, while the technology-laden Nasdaq gained 0.9% for the five-day period. Underpinning the week's advance was the easing of fears --at least temporarily--surrounding two of the biggest points of friction for stock-market investors: U.K. elections and trade tensions. The U.S. and China announced a limited agreement Friday to halt the trade war, eliminating tariffs that were set to go into effect Sunday; but some critics worry that the phase-one deal may not accomplish as much to alleviate future trade tensions as had been expected--a point that some say doesn't entirely help business leaders make strategic plans. Meanwhile, a resounding election victory for Prime Minister Boris Johnson's Conservative Party raised hopes for a quick divorce from the European Union. In corporate news, shares of Live Nation Entertainment Inc tumbled after the Wall Street Journal reported that the Justice Department was preparing to take legal action against the company, alleging that it sought to strong-arm concert venues into using its dominant Ticketmaster subsidiary.
The stock market hit record highs hit record highs the China trade deal and other news easing stock market uncertainty. Adobe, Facebook, Lululemon and Tesla were key movers on news
The China trade deal looks much smaller than advertised. But markets should be relieved that President Trump will de-escalate the conflict, trimming tariffs.
DOW UPDATE Shares of American Express and Visa are seeing strong returns Friday afternoon, sending the Dow Jones Industrial Average into positive territory. The Dow (DJIA) was most recently trading 25 points higher (0.