^DJI - Dow Jones Industrial Average

DJI - DJI Real Time Price. Currency in USD
27,219.52
+37.12 (+0.14%)
At close: 4:56PM EDT
Stock chart is not supported by your current browser
Previous Close27,182.40
Open27,216.67
Volume255,255,186
Day's Range27,193.95 - 27,277.55
52 Week Range21,712.53 - 27,398.68
Avg. Volume296,137,301
  • L’Oréal boss says pollution and Instagram photo filters are both good for business
    MarketWatch

    L’Oréal boss says pollution and Instagram photo filters are both good for business

    The boss of L’Oréal, the world’s largest beauty company, admitted in an interview with MarketWatch that pollution is good for business. He also insisted that a trend among millennials to digitally enhance their looks on social media does not make beauty products redundant but actually boosts business.

  • Dow Jones Futures: Crude Oil Prices Spike On Saudi Attack, UAW Calls GM Strike, Apple iPhone Preorders 'Look Good'
    Investor's Business Daily

    Dow Jones Futures: Crude Oil Prices Spike On Saudi Attack, UAW Calls GM Strike, Apple iPhone Preorders 'Look Good'

    Dow Jones futures: Crude oil prices leapt as a drone attack halved Saudi output. UAW called a GM strike. Apple iPhone preorders "look good" with Apple stock near a buy.

  • TheStreet.com

    Dow Futures Retreat, Global Stocks Fall After Saudi Oil Attacks, Weak China Data

    Global stocks traded notably lower Monday, while oil prices surged the most in more than two decades, as an attack on two key Saudi Arabian oil facilities, as well as the weakest industrial output data from China in many years, hammered equity market sentiment.

  • Why the Saudi oil attack is a ‘big deal’ that could be a ‘game changer’ in stock markets and crude prices
    MarketWatch

    Why the Saudi oil attack is a ‘big deal’ that could be a ‘game changer’ in stock markets and crude prices

    An intensifying Middle East conflict is threatening to throw the world’s energy market into disarray after a weekend drone attack destroyed parts of Saudi Aramco’s Abqaiq plant — one of the world’s largest processors of oil.

  • Barrons.com

    The Dow Is Falling and Oil Is Spiking After Saudi Arabia Was Attacked

    A major Saudi Arabian oil field was attacked on Saturday, and it’s safe to say that no one saw this coming. Oil price rose more than 10%, while Dow futures fell almost 100 points.

  • Crude prices soar, U.S. stock futures slip after attacks on Saudi oil facilities
    MarketWatch

    Crude prices soar, U.S. stock futures slip after attacks on Saudi oil facilities

    Crude oil prices surged more than 10% late Sunday and U.S. stock futures retreated following weekend attacks against Saudi Arabian oil facilities.

  • Federal Reserve and global central banks have reached a ‘tipping point’, amplifying stock-market uncertainty
    MarketWatch

    Federal Reserve and global central banks have reached a ‘tipping point’, amplifying stock-market uncertainty

    What’s left for the Federal Reserve to do at its rate-setting gathering next week now the U.S.’s main stock indexes are on the cusp of records again ?

  • Stock Bulls Betting on Rate Cuts Are a Long Way From Sure Thing
    Bloomberg

    Stock Bulls Betting on Rate Cuts Are a Long Way From Sure Thing

    (Bloomberg) -- Another rate cut from the Federal Reserve is all but certain. Its impact on the stock market, however, is the topic of frantic debate.In the bear camp are Bank of America Corp. and Morgan Stanley, whose strategists warned against relying too much on lower rates to boost stocks. In separate research, they reached the same conclusion after studying the historic relationship between Treasury yields and the S&P 500’s price-earnings ratios. That is, when rates go down too much, it hurts equity valuations.Ned Davis Research, on the other hand, offered a brighter assessment by focusing on a favorable market pattern following the second rate cut of a cycle, as is the case now.Getting it right has become an urgent matter for investors who have watched the S&P 500 rally 20% this year, with almost all the gains coming from an expansion in price multiples. Profits are barely growing, but stocks have rebounded from last year’s selloff after the Fed put a brake on rate hikes.Rate cuts can clearly bolster stocks in some circumstances. When they don’t is when the economy is in trouble -- and easy monetary policy almost always comes at times of trouble. When yields undercut a certain threshold, Morgan Stanley and BofA pointed out, equity multiples tend to shrink.“You can’t just depend on the Fed to lower interest rates to spur this bull market further,” Rich Weiss, chief investment officer of multi-asset strategies at American Century Investments in Mountain View, California, said by phone. “The fundamentals have to be there for additional highs on the stock market. They just aren’t there.”BofA and Morgan Stanley found different yield levels that historically switched from being good to bad for valuations. Savita Subramanian at BofA pointed to 10-year Treasury yields below 4%, compared with the current level around 1.9%. Mark Cabana, the firm’s rate strategist, said in a note earlier this month that the market expects the Fed to lower interest rates about five times by early 2021 and the likelihood for zero or negative interest rates is rising.“An ultra-low or negative rate environment is not necessarily supportive of stocks,” Subramanian wrote in a note last week. “The path to 0% would be accompanied by a significant deterioration in the growth outlook. That doesn’t bode well for P/E multiples.”Look at Germany, she suggested. Yields on the country’s 10-year bund have slipped to minus 0.7% from 4.9% since 2010. And price-earnings multiples for the stock market have been flat, hovering near 13.At Morgan Stanley, Mike Wilson examined real yields, the extra payment from 10-year Treasury above inflation. Currently, they sit in a range between minus 0.5% and zero, a place where further drops historically entail a decline in P/Es.“Falling rates are only a positive for equity valuations to a point,” said Wilson. “We’re passing the point.”Consider the last rate cut, he said. When the Fed lowered rates for the first time in a decade on July 31, the S&P 500 dropped 1.1% and then continued to decline the following month. At Friday’s close just above 3,000, the equity benchmark wasn’t far from the level seen the day before the rate move.But a second rate cut has tended to herald a more favorable reaction from stocks than the first, according to Ned Davis Research, which studied market performance and easing cycles in the past century.Perhaps it’s because doubts about the Fed’s commitment ease, or liquidity from the first one works through the system. Whatever the reason, the Dow Jones Industrial Average has jumped an average 9.7% three months after the second cut.“The good news for the bulls, from a historical perspective, is that a reduction next week would mean that a one-and-done cut is off the table,” Ed Clissold, chief U.S. strategist at Ned Davis, wrote in a note last week. “Two is better than one.”To Kevin Miller, chief investment office at E-Valuator Funds, the Fed’s influence on the U.S. market has weakened after Chairman Jerome Powell started considering global developments in policy making.“He doesn’t have to do something for the economy, but he does have to keep an eye on what’s happening globally and stay somewhere in line with where global rates are,” he said. “I don’t see a huge sell-off in the market if they lower by a quarter. Likewise, I don’t see a huge gain. It’s going to be more driven by what we’re hearing on a potential trade agreement” between the U.S. and China, he added.To contact the reporters on this story: Tatiana Darie in New York at tdarie1@bloomberg.net;Lu Wang in New York at lwang8@bloomberg.netTo contact the editors responsible for this story: Jeremy Herron at jherron8@bloomberg.net, Chris NagiFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • FX Empire

    The Week Ahead – Brexit, the BoE and the FED are in Focus

    It’s a big week ahead for the markets. The FED, the BoE and Brexit are in focus, with stats and chatter on trade also needing some attention.

  • How one millennial managed to save almost $1 million in 10 years without ever earning a salary of more than $75,000
    MarketWatch

    How one millennial managed to save almost $1 million in 10 years without ever earning a salary of more than $75,000

    FIRE refers to the “financial independence, retire early” movement bubbling up in the younger generation these days as a pathway out of the grind — slash expenses, save a bundle and enjoy the freedom that approach ultimately allows. Using the name FluffayPenguin, one anonymous thirtysomething took to Reddit to illustrate his FIRE blueprint, which allowed him to graduate college in 2008 and build a small chunk of change all the way up to $930,000 in savings.

  • Barrons.com

    The Dow’s 1.6% Gain Hid Turmoil Beneath the Market’s Surface

    It was a week when everything that had been working stopped working, when losers were suddenly winners. Value and small-cap stocks gained, while momentum stocks fell.

  • Barrons.com

    Long-Term Treasuries Just Had Their Worst Week Since Trump Was Elected

    The iShares 20+ Year Treasury Bond exchange-traded fund dropped 6.2% this week. That is the steepest decline since its 7.4% decline the week of Nov. 11, 2016, when the outcome of the U.S. presidential election took markets by surprise.

  • Barrons.com

    The Dow Added 37 Points Because Some Trade Tariffs Are on Hold and So Is the Market

    Stocks ended Friday largely flat despite more positive news on trade. China said it would exempt some U.S. farm products from increased tariffs. President Donald Trump also hinted that he might consider an interim deal with China.

  • US STOCKS-S&P edges lower as Apple weighs, trade tensions ease
    Reuters

    US STOCKS-S&P edges lower as Apple weighs, trade tensions ease

    The S&P 500 ended the day down slightly on Friday but less than 1% below its all-time high as a drop in Apple stock countered cooling U.S.-China trade tensions. All three major U.S. stock indexes posted their third straight weekly gains, capping a week that saw signs of a potential thaw in the trade war between the world's two largest economies, which has gripped markets for months.

  • Barrons.com

    The Dow Is Up 105 Points Even Though the Good Trade News Didn’t Last

    The Dow Jones Industrial Average and S&P 500 rose even though the White House denied reports of an interim trade deal.

  • Dow ekes out 8th straight gain as stocks remain in striking distance of record highs
    MarketWatch

    Dow ekes out 8th straight gain as stocks remain in striking distance of record highs

    U.S. stocks close mostly lower but the Dow makes an 8th straight gains as Sino-American trade tensions ease and central banks support risk taking with easy money.

  • Reuters

    GLOBAL MARKETS-Stocks, bond yields lifted by U.S.-China trade hopes

    A gauge of global stocks rose for an eighth straight day and benchmark government bond yields climbed on Friday after signs of progress in U.S.-China trade talks, as well as a solid U.S. retail sales report, allayed recession worries. U.S. President Donald Trump said on Thursday he was potentially open to an interim trade deal with China, although he stressed an "easy" agreement would not be possible.

  • MarketWatch

    Stocks end mostly lower as Dow extends eight-day streak of gains

    U.S. stocks closed mostly lower on Friday after easing trade tensions and central bank policy moves briefly buoyed investor sentiment earlier in the day. The S&P 500 was down less than 0.1% to end near 3,007. The Dow Jones Industrial Average advanced 36 points, or 0.1%, to finish around 27,219, based on preliminary numbers.The Nasdaq Composite fell 0.2% to end near 8,177. The blue-chip Dow clinched its eighth consecutive gain, its longest such streak since 2018. Both the Dow and the S&P remain less than a percentage point away from their all-time highs set in July. Retail sales rose faster than expected in August, increasing by 0.4%. Investors also saw signs that Washington and Beijing were moving towards a more constructive stance on trade negotiations. The European Central Bank announced a full stimulus package on Thursday, including rate cuts and the restart of an open-ended bond purchasing program.

  • MarketWatch

    'Desperate Housewives' Felicity Huffman sentenced to 14 days in jail, fined $30K for role in college-admissions scandal: reports

    Actress Felicity Huffman on Friday was sentenced to 14 days in jail and fined $30,000 for her involvement in the college-admissions cheating scheme, according to reports. Huffman, best known for her role in the TV series "Desperate Housewives," pleaded guilty to conspiring to pay $15,000 to a fake charity that facilitated cheating when her daughter took college entrance examinations. The Wall Street Journal reported that Huffman's two-week stint in jail was about half of what prosecutors were seeking. Huffman also was sentenced to 250 hours of community service and a year of supervised release, the paper reported on its website.

  • 2-year Treasury yield logs biggest weekly rise since 2009
    MarketWatch

    2-year Treasury yield logs biggest weekly rise since 2009

    Treasury yields rise Friday after signs that U.S. consumer spending remain strong and positive developments on trade tensions between the U.S. and China

  • Stocks Mixed, But Can The Dow Extend Its Win Streak To Eight?
    Investor's Business Daily

    Stocks Mixed, But Can The Dow Extend Its Win Streak To Eight?

    Stocks were mixed heading into the last hour of trade as the Dow Jones Industrial Average attempts to extend its win streak to eight.

  • US STOCKS-Wall Street mixed as trade hopes capped by Apple drop
    Reuters

    US STOCKS-Wall Street mixed as trade hopes capped by Apple drop

    Wall Street was mixed on Friday, with the S&P 500 and the Dow hovering just below all-time highs as cautious optimism regarding easing U.S.-China trade tensions was held in check by a drop in Apple stock. Tariff-vulnerable industrials helped keep the blue chip Dow in positive territory, which was on track for its eighth straight daily advance, its longest winning streak since May 2018.

  • What to watch: Week of September 16th
    Yahoo Finance Video

    What to watch: Week of September 16th

    Myles Udland has your lookahead for a big week.

  • Market Recap: Friday, September 13th
    Yahoo Finance Video

    Market Recap: Friday, September 13th

    Yahoo Finance's Jen Rogers, Myles Udland, and Julia La Roche recap today's market action.