|Day's Range||26,970.29 - 27,112.16|
|52 Week Range||21,712.53 - 27,398.68|
Major indexes are higher today as the UK and EU reach a new Brexit deal, and some investors sour on bonds as yields remain low. Senior Portfolio Manager at Mellon Rob Croce and Head of the Research Investment Committee at Bank of America Jared Woodard join Yahoo Finance's Alexis Christoforous, Brian Sozzi, and Scott Gamm to discuss.
"Earnings overall are still expected to be negative for the S&P 500 in this reporting period," Gabriel said. "They're then supposed to start to move back into positive territory in the fourth quarter and into 2020." Because of that, Gabriel said traders are very focused on the outlooks in earnings conference calls.
Asian stocks stumbled on Friday, erasing earlier gains after China posted its weakest growth in nearly three decades, countering a global lift in sentiment on the UK and European Union striking a long-awaited Brexit deal. China's economy grew 6.0% in the third quarter, less than expected, and the weakest pace in at least 27-1/2 years, as the Sino-U.S. trade war hit demand at home and abroad. If there is any short-term move (higher) here in Asia it will genuinely be only short-term players because we're not far from printing 5% in China GDP, and that's not going to be good for risk assets," said Greg McKenna, strategist at McKenna Macro.
Futures: The stock market rally has made impressive gains, but can the indexes hit all-time highs? Atlassian and Intuitive Surgical were key earnings movers late.
FEATURE (F) introduced an electric-vehicle network with more than 12,000 charging stations, and more than 35,000 charge plugs in North America on Thursday. The automaker said it was teaming up with (AMZN) (ticker: AMZN) home services business to offer installation of home charging setups.
U.S. stocks managed small gains on Thursday, with all three major indexes closing in the black. The United Kingdom and European Union have agreed on a draft Brexit deal.
The alternative-meat industry could be entering a new phase where bullish Beyond Meat investors have to digest wins from new rivals.
Juul has suspended the sale of non-tobacco and non-menthol flavors in the U.S., according to a company press release. Altria, a big investor in Juul, saw its stock gain more than 1% on Thursday.
Ray Dalio, of Bridgewater Associates, sees similarities to the 1930s on several fronts, but says he expects a “great sag” rather than a market crash ahead.
Missouri Republican Senator Josh Hawley tells Yahoo Finance's On the Move that Beijing is the biggest security threat to this country in the 21st century
Stock indexes on Thursday lost steam in the final minutes but finish near records, booking slight gains as investors drew optimism from a Brexit and strong earnings.
The chart pattern suggests any rally is likely to be labored, and any selling is likely to be volatile and hard. This makes since because of the number of overhanging uncertainties. The message is pretty clear: Be careful buying strength this close to the all-time highs.
LONDON/NEW YORK, Oct 17 (Reuters) - A deal on Britain's departure agreed with the European Union sent sterling to a five-month high on Thursday and hoisted European stocks to a 1-1/2-year peak before doubts about UK parliamentary support brought them back to earth. Wall Street rose as upbeat earnings from Netflix and Morgan Stanley affirmed a strong start to the U.S. reporting season, while the dollar fell against the euro as the common currency got a lift on the long-awaited Brexit deal.
Wall Street advanced on Thursday as investor sentiment was buoyed by a string of corporate earnings beats and encouraging geopolitical developments. "(Results have) been good, but we haven't really gotten enough data points yet to see how earnings will be versus expectations," Massocca said.
A tentative agreement that would see the U.K. finally leave the European Union after more than three years of acrimonious wrangling gave U.S. stock-index futures a modest pop early Thursday. As Mohamed El-Erian, chief economic adviser to Allianz, put it on Twitter, the initial move higher by U.S. stock-index futures is “consistent with the view that investors are looking for policy progress to offset weakening global fundamentals, and growing central bank ineffectiveness” to be offset by progress on trade and fiscal policy.
U.S. stocks ended modestly higher Thursday, boosted after a round of generally upbeat corporate earnings and a tentative agreement by U.K. and European Union leaders on the terms of Britain's exit from the European Union. The Dow Jones Industrial Average ended a choppy session with a gain of around 26 points, or 0.1%, near 27,028, while the S&P 500 gained around 8 points, or 0.3%, near 2,998. The Nasdaq Composite finished near 8,157, up around 33 points, or 0.4%. Shares of streaming company Netflix Inc. rose 2.5%, while banking giant Morgan Stanely advanced 1.5% following earnings.
The Emirati royal family has taken a stake in the Crypto Price Index (CPI) project, a cryptocurrency analog of the Dow Jones Industrial Average that operates on the blockchain. The CPI will collect data on the leading 200 cryptocurrencies via specialized algorithms, providing the market a broader sentiment analysis tool.
The Dow Jones Industrial Average trailed other indexes, even the Russell 2000, as more stocks broke out or showed more bullish action.
DOW UPDATE Powered by strong returns for shares of UnitedHealth and Walgreens Boots, the Dow Jones Industrial Average is climbing Thursday afternoon. The Dow (DJIA) was most recently trading 74 points (0.