|Day's Range||24,375.04 - 24,678.07|
|52 Week Range||20,553.45 - 26,616.71|
Government bond yields climbing and a shrinking gap between short-term and long-term Treasury rates have prompted some consternation on Wall Street, driving equity prices lower as investors fret about what these dynamics mean for U.S. economic growth as it enters its ninth year of expansion. Fears about a so-called flattening yield curve have taken center stage, with investors fixated on the gap between the 2-year Treasury notes (XTUP:TMUBMUSD02Y=X) and the 10-year benchmark (XTUP:TMUBMUSD10Y=X), which last Tuesday touched the narrowest point—41 percentage points—in more than a decade. The yield curve is often tracked as a measure of sentiment about the economy’s overall health.
The major equity averages from around the world are not in sync technically, but it’s clear that years of a bull market for stocks have ended. The question remains, how long will this random up and down volatility will continue?
On April 13–20, 2018, US equity indexes had the following performances: The S&P 500 Index (SPY) rose 0.5%. The Dow Jones Industrial Average Index (DIA) rose 0.4%. The S&P Mid-Cap 400 Index (IVOO) rose 0.9%.
Earnings season is in full swing, and the week of April 23 is jam-packed with releases by some of the market’s most popular companies. Here are 20 reports we will be watching closely next week:
Stock futures were wavering on Monday as the yield on the 10-year Treasury note stayed elevated and investors awaited another batch of earnings.
Want to know why the Dow Jones Industrial Average and other major indexes are doing what they're doing? Check back here for a semi-live look at the volatile markets from Barron's reporters.trader 6:50 a.m. There's a little bit of everything for the markets this morning. On the trade front, reports that Treasury Secretary Steven Mnuchin might travel to China to discuss trade were greeted as a sign of detente between the US and China.
The concerns over 10-year yields passing 3% should be balanced with strength in Corporate America. First quarter earnings have seen 83% of companies beating profit estimates, the best ratio in more than two years according to Fundstrat's Tom Lee. European stocks opened weaker Monday, as U.S. equity futures drifted into negative territory to start the week on Wall Street, as investors braced for a busy slate of corporate earnings over the next five days and re-set expectations for interest rates and inflation amid an ongoing surge in global oil prices.
As large tech companies report first-quarter earnings in a flood of results during the next two weeks, they face a major test: Will they continue to post huge growth, and fuel further overall gains for ...
There is a good reason not to pay attention to General Electric earnings and analysts who cover the company. The drastic underperformance of General Electric’s stock will surely jump out at you. Please click here for an annotated chart of General Electric.
The U.S. earnings seasons accelerates this week with 180 S&P 500 companies reporting, including big tech names such as Google, Facebook, Amazon and Microsoft.
Based on last week’s price action, the direction of the June E-mini Dow Jones Industrial Average futures contract this week is likely to be determined by trader reaction to the short-term 50% level at 24923.
Investing.com - Asian equities launched the week mixed, with Japan, South Korean, Hong Kong and Chinese equities moving lower at or shortly after the open and Australian equities moving higher.