|Day's Range||24,989.61 - 25,155.39|
|52 Week Range||21,496.13 - 26,616.71|
Yahoo Finance's Jared Blikre joins Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves.
President Trump is set to meet members of Congress today, as the backlash grows over his comments at a summit with Vladimir Putin. The President said he believed Putin’s denials, over the assessment of US intelligence agencies. Yahoo Finance’s Alexis Christoforous, Editor-in-Chief Andy Serwer and Melody Hahm discuss.
Yahoo Finance's Alexis Christoforous and Jared Blikre break down the latest market action after Johnson & Johnson reports second quarter adjusted earnings per share that beat Wall Street expectations.
After gaining for two consecutive trading weeks, the S&P 500 started this week on a mixed note by losing momentum on Monday. Carrying forward the weakness, the S&P 500 opened lower on July 17. However, the S&P 500 regained strength as the day progressed and closed at 5.5-month high price levels.
World markets mostly rose Wednesday, spurred by the U.S. Federal Reserve's positive assessment of the U.S. economy and signs that industrial production is steady. KEEPING SCORE: Germany's DAX added 0.7 ...
Want to know why the Dow Jones Industrial Average is doing what it's doing? Check back here for a semi-live look at the volatile markets from Barron's reporters. 7:46 a.m. What does it take to get this ...
MARKET PULSE Abbott Laboratories (ABT) shares rose 2.5% in premarket trade on Wednesday after the company reported second-quarter profit and revenue beats. Earnings for the latest quarter rose to $733 million, or 41 cents per share, from $283 million, or 16 cents per share in the year-earlier period.
The Dow Jones Industrial Average on Wednesday is set to make a run at a fourth rise in as many sessions as investors await a second day of congressional testimony from Federal Reserve Chairman Jerome Powell.
World stocks hit a one-month high on Wednesday as a bullish outlook from the head of the U.S. central bank and rising company earnings buoyed the mood, lifted the dollar and sent safe-haven gold to a one-year trough. Wall Street's jump back above the psychologically significant 2,600-point mark [.N] was also keeping Europe's spirits up ahead of another packed day of earnings and data in the United States. London's FTSE (.FTSE) rose 0.5 percent as the pound (GBP=D3) continued to suffer the Brexit blues, while Germany's DAX (.GDAXI) climbed to a one-month high on hopes the European Union and U.S. will cut a beneficial deal on car tariffs.
World stocks hit a one-month high on Wednesday as a bullish outlook from the head of the U.S. central bank and rising company earnings buoyed the mood, lifted the dollar and sent safe-haven gold to a one-year trough. Wall Street's jump back above the psychologically significant 2,600-point mark [.N] was also keeping Europe's spirits up ahead of another packed day of earnings and data in the United States. London's FTSE rose 0.5 percent as the pound continued to suffer the Brexit blues, while Germany's DAX climbed to a one-month high on hopes the European Union and U.S. will cut a beneficial deal on car tariffs.
Catalyst Biosciences Inc. (CBIO) shares surged 23% in premarket trade on Wednesday after the company said that one hemophilia patient in its phase 2/3 clinical trial had positive results, experiencing no bleeds on the high dose of Catalyst's therapy and only one bleed while on the lower dose. Catalyst only released information about the one patient's results, and noted that two other subjects are in the first 50 days of dosing.
U.S. stock futures suggested a somewhat flattish start for Wall Street on Wednesday, July 18, following an upbeat assessment of the U.S. economy from Federal Reserve Chairman Jerome Powell. The first of two days of testimony by Powell on Capitol Hill helped boost both short-term Treasury bond yields and the U.S. dollar, as investors reset expectations for near-term rate hikes, but continued to fret over the longer-term impact on global economic growth from trade wars currently being waged by Washington and its allies and competitors. Powell didn't go into too much detail on the impact of trade wars on economic growth, saying only that countries with fewer tariff barriers tend to expand faster.
An inverted yield curve may not be a dreaded harbinger of doom for the bull market, according to Ryan Detrick, senior market strategist at LPL Research, who believes that stocks have awhile to go before worrying about unseemly yield curves or even a recession. An inverted yield curve, where long-term yields such as the 10-year Treasury yield drop below their shorter-term peers, symbolizes a lack of confidence in the economy. It has also emerged as a closely watched early warning signal for economic trouble, particularly in the wake of research from the San Francisco Federal Reserve that every U.S. recession in the past 60 years was preceded by an inverted yield curve.