|Day's Range||24,986.35 - 25,103.64|
|52 Week Range||21,496.13 - 26,616.71|
President Trump is upping the ante in the trade fight. He says he’s ready to impose tariffs on all Chinese goods exported to the US. Plus, the President is criticizing the Fed's recent rate hikes. Yahoo Finance’s Alexis Christoforous, Rick Newman and Melody Hahm have more.
U.S. stocks were edging higher early Friday, seemingly ignoring recent comments from President Donald Trump, who questioned the strategy of the the Federal Reserve and monetary policies of the European Union and China. The Dow Jones Industrial Average (DJIA) was up 0.1% at 25,094, the S&P 500 index (SPX) also was trading in the green, gaining less than 0.1% at 2,806, while the Nasdaq Composite Index (COMP) which had already been edging up, gained 0.3% at 7,849.
rose 2.6% after the software giant posted better-than-expected fiscal fourth-quarter earnings as its cloud business surged. Stocks reversed earlier declines on Friday, July 20, as a surge in Microsoft Corp. Stock had fallen earlier in the session after Donald Trump said he was ready to increase tariffs on China-made goods to as much as $500 billion in order to address what he has called an unfair trade deficit with the world's second-largest economy.
Even Steven. 4-4. That's what's facing us in terms after Thursday's trading action. While no significant technical events occurred on the charts, two indices are challenging resistance, leaving the near-term trends for the major equity indices evenly split.
MARKET PULSE Shares of General Electric Co. (ge) sank 3.3% on heavy volume in morning trade Friday, turning sharply lower soon after the opening bell, just as the post-earnings conference call concluded.
U.S. stocks were little changed on Friday, as new questions surrounding government policy on both trade and the dollar cooled buying appetite, despite mostly upbeat domestic reports on from businesses and the economy.
U.S. stocks opened slightly lower on Friday as industrial stocks fell on worries of an escalation in trade war after President Donald Trump toughened his stance against China, but gains in Microsoft capped ...
MARKET PULSE U.S. stocks opened mostly lower on Friday with the main benchmarks on track to end the week roughly where they started. Investors turned cautious after a flood of new question marks surrounding government policy on both trade and the dollar, overshadowing positive quarterly results from General Electric and Microsoft.
The Dow Jones Industrial Average is poised for a fall morning as trade war worries resurface. Look Up Stocks ended lower on Thursday, and it looks like the Nasdaq, helped by Microsoft (MSFT), may be the only index to buck that trend Friday. Dow Jones Industrial Average futures are 0.4% lower, while S&P 500 futures are off 0.2% but Nasdaq Composite futures are clinging to gains, up 0.1%.
As the stock market works on nabbing a weekly win, one veteran Wall Street strategist is calling out the changes to the market’s backdrop as a worrying “inward shift.”
There have been over 50 component changes to the Dow's since 1896, and these three stocks could be the next to join the prestigious index.
About that GE. If you'll recall, I got out of my more than a year long position in General Electric unscathed in response to first earnings last spring. Unscathed if you do not consider the time and effort spent over a lengthy period massaging an original cost basis down to about $14.
President Donald Trump on Friday appeared to double down on remarks he made during a CNBC interview on Thursday by accusing the European Union and China of manipulating their currencies and interest rates. In a tweet in the morning Trump said "China, the European Union and others have been manipulating their currencies and interest rates lower, while the U.S. is raising rates while the dollars gets stronger and stronger with each passing day - taking away our big competitive edge.
U.S. dollar index falls more than 1.6% from Thursday's 52-week high after President says he's "not thrilled" with Fed tightening. China's PBOC fixed yuan at lowest level in 13 months as currencies move to center stage in trade war. U.S. equity futures extended declines Friday after President Donald Trump said Friday he was ready to increase tariffs on China-made goods to as much as $500 billion in order to address what he has called an unfair trade deficit with the world's second largest economy.
How do stock-market investors even begin to calculate the impact of an entirely different global political hierarchy, a system where decade-old alliances have fallen by the wayside and former allies begin to look more like competitors and rivals?
The S&P 500 closed at 5.5-month high price level on Wednesday and clocked the second consecutive daily gain. On Thursday, nine out of 11 major S&P 500 sectors closed the day lower. The release of stronger-than-expected earnings reports boosted the S&P 500 on Wednesday.
Sitting US Presidents are rarely publicly critical of monetary policy. The intent is for the central bank to set monetary policy independent of political influence. This is why these governors serve a fixed term, and can not be removed from office by the Executive Branch.
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. 7:41 a.m. It's a mixed market this morning, ...
U.S. stock futures traded mixed on Friday, July 20, as did shares in Europe and Asia as investors fixated on comments from Donald Trump that could suggest the dollar may by the next weapon in the White House's arsenal in the brewing trade war. Trump sent markets tumbling on Thursday, July 19, when in an interview to be aired Friday he said he "wasn't thrilled" with the Federal Reserve's signalling of future rate hikes, and the dollar strength it inevitably creates, when China's yuan is "dropping like a rock" and the European single currency is declining. Trump's comments, which breach years of presidential protocol that allows the Fed to operate independently, followed two days of testimony from Fed Chairman Jerome Powell that appeared to have cemented the case for at least two more rate hikes this yea, as the economy continues to outperform and inflation rises.
General Electric Co. (ge) Chief Executive John Flannery he expects the power market to continue to be "challenging," but that didn't stop the industrial conglomerate's largest business segment from beating revenue expectations. Power orders tumbled 26% from a year ago to $7.37 billion and revenue fell 19% to $7.58 billion, but that beat the FactSet revenue consensus of $7.10 billion. The second-biggest business segment by revenue is aviation, with revenue rising 13% to $7.52 billion to top the FactSet consensus of $7.22 billion.
Investing.com - Oil prices traded higher early in Europe on Friday, as comments that Saudi Arabia would reduce exports in August tempered fears of oversupply.