|Day's Range||27,708.34 - 27,828.33|
|52 Week Range||21,712.53 - 28,090.21|
With the end of the year and the decade fast-approaching, Wall Street strategists have begun to deliver their expectations about where the stock market will close out 2020.
Stocks are up headed into the weekend. Tesla shares are a little lower after the company revealed its triangular, futuristic truck at an event in Los Angeles.
Tesla Inc. late Thursday revealed its long-awaited all-electric “Cybertruck,” boasting a starting price tag under $40,000.
Trucks aren’t cars. That much investors already know. But just how Tesla’s “cyberpunk” truck will compete with truck incumbents such as Ford and General Motors is anyone’s guess.
Aecom said Friday that Chairman and Chief Executive Michael Burke plans to retire, after about 5 years as CEO and 14 years with the company. He will remain chairman and CEO until a successor is identified, at which time the roles will be separated. The infrastructure company said it has entered into a governance agreement with activist investor Starboard Value L.P., which is Aecom's 5th-largest shareholder, according to FactSet data. Under the agreement, Aecom will expand its board to 11 members from the current count of 10. Starboard's Head of Research Peter Feld and Robert Card, president of executive advisory services company The Card Group are set to join the board as part of a reshuffle. The stock, which was still inactive in premarket trading, has soared 60% year to date, while the Dow Jones Industrial Average has climbed 19%.
Betting against bonds has not, to say the least, performed well, for the last 40 years or so. But Goldman Sachs sees a baby bear market performing.
U.S. stock futures on Friday pointed to opening gains after three straight declines for the Dow Jones Industrial Average.
BEIJING (AP) — Chinese President Xi Jinping said Friday that Beijing wants to work for a trade deal with the United States but is not afraid to “fight back.”
U.S. equity futures edged higher Friday, setting up the chance to snap a three-day losing streak on Wall Street, as investors continue to fixate on the fate of trade talks between Washington and Beijing and the strength of the American consumer heading into the holiday season.
Futures: The stock market just edged lower Thursday despite hefty losses in some chip stocks and other leaders. The Tesla cybertruck unveiling is on tap.
All three major U.S. stock indexes closed with minor losses on Thursday, as a U.S.-China trade deal looks more complicated. Still, Chinese Vice Premier He Liu is “cautiously optimistic” and invited his U.S. counterparts to China for more talks.
The Dow Jones closed lower Thursday, down 239 points for the week. Tesla stock traded higher ahead of its cybertruck debut and is in a buy zone.
Defensive positioning makes sense in this market environment. After all, the bull market in U.S. stocks is getting long in the tooth, trade headlines are all over the map, political tensions continue to ramp up and stocks just keep chugging into record territory. But are investors getting TOO defensive?
U.S. stock indexes moved slightly lower on Thursday as investors moved to the sidelines with mixed messages and no concrete signs of progress on U.S.-China relations. The U.S. House of Representatives passed two bills to back protesters in Hong Kong and send a warning to China about human rights, a measure that angered Beijing.
The dollar rebounded and global equity markets edged lower on Thursday as efforts by China to smooth the path forward in U.S.-Sino trade talks helped sooth investor sentiment, though fears remained that a phase one deal might not occur until next year. Yields on government debt rose, snapping three sessions of declines, bolstered by China saying it was willing to work with the United States to resolve core trade concerns, which rekindled some hope for a bilateral deal. A Wall Street Journal report that said China had invited top U.S. trade negotiators for a new round of face-to-face talks in Beijing also lifted sentiment.
U.S. stocks closed slightly lower Thursday as investors digested mixed headlines on the progress of U.S. - China trade talks and tensions rose over American support for Hong Kong protesters.
U.S. stocks closed modestly lower Thursday, with the S&P 500 and the Dow marking their third straight losses, after investors digested mixed headlines on the progress of trade negotiations, with reports indicating that China had invited American negotiators to Beijing for face-to-face talks, even though the U.S. Congress passed a bill supporting protesters in Hong Kong late Wednesday. The Dow Jones Industrial Average fell 55 points, or 0.2%, at 27,765, the S&P 500 index shed 5 points, or 0.2%, to 3,103, while the Nasdaq Composite Index declined 21 points, or 0.2%, to reach 8,506, marking its second straight loss. The third straight drop for the Dow marked its longest string of declines since Aug. 5, while it was the longest such stretch of declines for the S&P 500 since Sept. 24. However, declines have been mostly mild and the benchmarks remain within striking distance of all-time highs. Investors focused on reports by CNBC of a purchase of TD Ameritrade Holding Corp. of larger discount-brokerage rival Charles Schwab , creating a behemoth with $5 trillion in assets. In economic reports, the U.S. Conference Board's index of leading indicators fell for a third straight month, adding more evidence of slowing economy. Weekly jobless claims, meanwhile, were little changed at 227,000, reflecting an employment market that remains healthy.
NEW YORK, Nov 21 (Reuters) - U.S. stock indexes dipped slightly on Thursday as investors moved to the sidelines with mixed messages and no concrete signs of progress on U.S.-China relations.
DOW UPDATE Shares of Procter & Gamble and Visa are trading lower Thursday afternoon, sending the Dow Jones Industrial Average into negative territory. The Dow (DJIA) was most recently trading 80 points lower (-0.
“Tesla is and remains one of our biggest and our best short positions,” says Jim Chanos, founder of Kynikos Associates. “We’re still bears.”
The S&P 500 and Dow indexes treaded water on Thursday as mixed headlines on U.S.-China relations and a diplomatic row over the Hong Kong protests added to uncertainty over the timing of a "phase one" trade deal. The U.S. House of Representatives passed two bills to back protesters in Hong Kong and send a warning to China about human rights, a measure which angered Beijing.
Nancy Davis, the chief investment officer and founder of advisory firm Quadratic Capital, says much of the markets focus has been on the U.S.’s trade confrontation with China but speculated that increasing trade tensions with Europe could deliver an unexpected blow to Wall Street.
Stocks dropped on new reports on the U.S.-China trade dispute. Yahoo Finance's Julie Hyman, Adam Shapiro, Dan Roberts and Heritage Capital's Paul Schatz talk with Edward Jones Investment Strategist Kate Warne.