|Day's Range||24,368.98 - 24,707.26|
|52 Week Range||23,344.52 - 26,951.81|
A huge sell-off in markets with Target dragging down the retail sector. Yahoo Finance's Julie Hyman, Adam Shapiro, and Seana Smith discuss.
Apple’s troubles are having a big impact on the major indexes, including the Dow. Yahoo Finance’s Alexis Christoforous and Brian Sozzi explain why.
CEO confidence in the economy for the next year is at its lowest level in 12 months, adding to a growing body of evidence and the market's negative trend is telling investors something bad about the economy.
If a technology is fundamentally disruptive enough, that fact will always overwhelm the noise of the day about valuation.
The Dow Jones Industrial Average skidded to session lows Tuesday afternoon, putting the blue-chip benchmark on track to notch its worst daily loss in more than 5 weeks, according to FactSet data. The Dow most recently was down 621 points, or 2.5%, at 24,403, tracking its ugliest day since a 838-point tumble on Oct. 10. The fresh drop for the Dow comes within the final hour of regular trade, which also saw losses accelerate for the other main benchmarks. The S&P 500 index was down 2.1%, on track to close in correction, defined as a decline of at least 10% from a recent peak, while the Nasdaq Composite Index was down 2.1% at 6,882, deepening its slide in correction.
Tuesday's Market Minute The Dow Jones Industrial Average is falling triple digits for the second straight session. The Nasdaq is leading losses as the tech-heavy index pushes further into correction territory.
DoubleLine Capital CEO Jeffrey Gundlach believes that U.S. equities did not have a "panic low" and that even with the most recent sell-off are still too expensive, according to a Reuters report. The money manager also said investors should avoid investment-grade corporate bonds and focus on preserving their capital. Stocks fell to session following Gundlach's comment, with the Dow Jones Industrial Average down more than 600 points.
Cash is king, according to Goldman Sachs strategists who predict that 2019 will deliver lackluster, single-digit equity returns, making greenbacks the best game in town.
Oil is in a bear market, but now a new bearish pattern is crystallizing in the commodity that has absolutely bludgeoned bulls over the past two months.
U.S. stocks extended their recent selloff on Tuesday, with the S&P 500 hitting a three-week low, as energy shares dropped with oil prices and retailers including Target and Kohl's sank after weak earnings and forecasts. Target Corp shares slumped 9.5 percent after third-quarter profit missed analysts' estimates. Department store operator Kohl's Corp shed 7.8 percent after its full-year profit forecast fell below expectations.
Stock buyers may no longer find solace from the resilience of high-yield bonds after it succumbed to concerns over excessive corporate leverage