|Day's Range||25,785.66 - 25,924.77|
|52 Week Range||21,712.53 - 26,951.81|
U.S. stocks opened higher to kick off the week.
The latest on developments in financial markets (all times local): 4 p.m. Stocks managed to post modest gains on Wall Street after charging ahead in a solid rally last week. Banks and retailers did better ...
Banks helped lead Wall Street higher on Monday, while Boeing and Facebook were a drag and investors eyed this week's Federal Reserve meeting for affirmation of its commitment to "patient" monetary ...
Stocks closed on a positive note on Monday to extend last week's broad-based rally even as Boeing's travails dragged on the blue-chip Dow. The S&P 500 rose less than 0.4% to end near 2,833. The Dow Jones Industrial Average advanced 65 points, or less than 0.3%, to finish near 25,912, based on preliminary numbers. The Nasdaq Composite rose 0.3% to end around 7,714. The Dow notched its fourth straight consecutive gain. The S&P and Nasdaq hit a fresh 52-week high. Major stock-market benchmarks built on last week's rally that lifted the S&P 500 above its long-term resistance level at 2,800. Investors said they would mostly look ahead to the Fed's two-day meeting set to conclude on Wednesday, with expectations for the central bank to lower its forecasts for interest rates. In company news, shares of Boeing Co. were down 2% after The Wall Street Journal said that federal prosecutors and Department of Transportation officials were investigating the development of the firm's 737 Max jetliners.
Complacent stock-market investors got burned last year, much like the proverbial frog in slowly boiling water, say Société Générale analysts. With the market on the rebound and the Fed on hold, investors might be able to safely slip back into the water, but they need to watch the temperature.
Wall Street edged higher on Monday as declines in Boeing and Facebook held gains in check and investors eyed this week's Federal Reserve meeting for affirmation of the central bank's commitment to "patient" monetary policy. Coming on the heels of the S&P 500's best week since November, the benchmark index currently hovers about 3.4 percent below its all-time high reached in September. "People were so pessimistic around year-end, but the market has since had a tremendous rebound and now we're in a wait-and-see phase," said Peter Tuz, president of Chase Investment Counsel in Charlottesville, Virginia.
Wall Street edged higher on Monday as declines in Boeing and Facebook held gains in check and investors eyed this week's Federal Reserve meeting for affirmation of the central bank's commitment to "patient" monetary policy. Coming on the heels of the S&P 500's best week since November, the benchmark index currently hovers about 3.4 percent below its all-time high reached in September.
The conglomerate announced it is consolidating into four divisions from five. The move could make it easier to sell or spin off a division in the future. That would be something investors could get excited about.
U.S. stocks trade modestly higher as investors look ahead to this week’s meeting of Federal Reserve policy makers; losses for aircraft maker Boeing threaten to again weigh on the Dow Jones Industrial Average.
The Dow Jones Industrial Average and the Nasdaq composite are catching their breath after strong gains last week. Apple is still in a new base.
The Fed's two-day policy meeting begins on Tuesday, where the central bank is widely expected to keep interest rates steady and reiterate its "patient" approach to monetary policy. Investors will be looking for whether the Fed's dot plot, which shows individual committee members' rate views for the coming three years, aligns with the patient approach.
Despite numerous warnings of the mounting dangers to U.S. government bonds, yields keep falling and prices keep rising.
The market has been on fire since it bottomed on Dec. 24, but comparisons to one of the worst declines of the Great Depression appear to be wishful thinking.
Investors were still feeling relatively upbeat as they await news from central banks this week, including the Federal Reserve on Wednesday.
The South China Morning Post and CNBC identified three possible catalysts for China's big thrust Monday.
You Really Want To Be Buying Apple Now?Great company, lots of cash, blah, blah…We know this. I use Apple all day every day, BUT, and you knew there would be a but. Right now? You want to buy Apple now? Sure it is outperforming the Nasdaq
The S&P 500 and Nasdaq extended last week's gains on Monday, lifted by technology and financial stocks, as investors waited for the Federal Reserve's policy meeting later this week for further clues on the pace of interest rate hikes. The Dow was pressured by Boeing Co, which fell 2.7 percent after Ethiopia said an initial analysis of black boxes showed "clear similarities" in the March 10 plane crash with October's accident in Indonesia.
Fed week is upon us once again, and it starts with the S&P 500 Index (SPX) near its highest level in months and Treasury yields near their lowest. If BA shares keep sliding today, that could set up a dichotomy like the one we saw last week in which the Dow Jones Industrial Average ($DJI)—where BA is a prominent member—moves out of sync with the SPX. On the commodities front, crude futures were initially a little lower early Monday before ticking up slightly after news that OPEC would cancel its April meeting.
Sam Stovall, CFRA Research Equity Strategist, says the Dow Jones is “very close to a golden cross”, which is when the 50-day moving average breaks above the 200-day moving average, and that “could be a positive sentiment indicator in the near term.” Yahoo Finance’s Alexis Christoforous speaks to Scott Gamm, Brian Sozzi and Stovall.
Billionaire and Berkshire Hathaway CEO Warren Buffett discusses the plan for Haven, his health care joint-venture with Jeff Bezos, Chairman & CEO of Amazon and Jamie Dimon, Chairman & CEO of JPMorganChase.