^DJI - Dow Jones Industrial Average
| Previous Close | 27,677.80 |
| Open | 27,839.68 |
| Volume | 224,829,594 |
| Day's Range | 27,839.68 - 28,035.85 |
| 52 Week Range | 21,712.53 - 28,174.97 |
| Avg. Volume | 248,812,857 |
- Yahoo Finance
FOMC meeting, retail sales — What to know in the week ahead
The Federal Open Market Committee’s (FOMC) last policy-setting meeting of this year and November’s retail sales data will take centerstage this week.
- Investor's Business Daily
Dow Jones Futures: Stock Market Rally Awaits Trump's China Trade War Decision
Futures: The stock market rally and China-tied Apple, AMD and Alibaba await President Donald Trump's China trade war decision on Dec. 15 tariffs.
- MarketWatch
Big U.S. banks' reluctance to lend may have caused repo-market shock: BIS
An unwillingness among the four leading U.S. banks to lend cash, combined with a surge in demand from hedge funds for secured funding, could explain the spike in U.S. money market rates and the sudden stress in the repo market beginning in September, the Bank for International Settlements said in a report dated Monday. Cash available to banks for short-term needs, also known as the repo market, all but disappeared in September, and some rates shot as high as 10% on certain overnight loans, which forced the Federal Reserve to make an emergency injection of billions of dollars for the first time since the global financial crisis roughly a decade ago. The major banks were not named in the report. The researchers conceded that the exact cause of the sudden stress is unknown but they reasoned that the factors could have ranged from large withdrawals for quarterly tax payments to the knock-on effects of sizeable trades in U.S. Treasuries. The BIS analysts emphasized that a growing over-reliance on the biggest U.S. banks to keep the repo market functioning may have been the leading factor. The Fed's ongoing efforts to shore up the short-term repo lending markets have begun to rattle some market experts, as interventions have stretched to a third month.
- MarketWatch
CNBC’s Cramer thinks U.S. ‘can walk away from the table’ on China trade deal after jobs report. Here’s how other stock-market experts see it
Some market participants are starting to contemplate the notion that stellar employment figures could help embolden U.S. trade negotiators in a protracted tariff dispute between the U.S. and China—possibly resulting in a delay if not outright scuttling of a long-sought-after resolution. Indeed, a key report of the week from the Labor Department report showed that the U.S. economy created 266,000 new jobs in November, according to the Labor Department, the biggest gain since January and the unemployment rate slipped to 3.5%, a 50-year low. “This positive number could delay any US/China trade agreement, as signs of a stronger US economy will embolden US negotiators,” wrote Chris Gaffney, president of World Markets at TIAA Bank, in a research note after the nonfarm-payrolls report on Friday.
- MarketWatch
The CEO of the largest airline carrier has one simple reason why Wi-Fi on planes isn’t free
Delta Air Lines Inc., Chief Executive Officer Ed Bastian says he’d like to offer Wi-Fi free on his airline’s flights but right now it would crash the system.
- Oilprice.com
The Best And Worst Oil Majors Of 2019
2019 has been a tough year for oil companies, but some of the oil majors have fared surprisingly well due to their economies of scale advantage and low breakeven prices per barrel
- MarketWatch
The runway until more China tariffs kick in is getting short. Expect a bumpy ride
Expectations are running high for a preliminary U.S.-China trade pact before more tariffs are levied against Beijing next week, but plenty of other factors in December will keep investors on the edge of their seats.
- FX Empire
The Week Ahead – The ECB, the FED, the UK General Election and Trade in Focus
It’s a big week ahead, with the ECB, the FED, trade, and the UK General Election in focus. Expect the stats to play second fiddle in the week.
- MarketWatch
Happy hour can wait — This simple trading strategy has been a big winner
The stock market’s closing bell typically rings at 4 p.m. Eastern, but for traders sniffing around for a broad-market strategy that’s proven to be a real winner in recent years, perhaps that sound should be treated as an opening bell.
- MarketWatch
How bad will the next bear market be?
Especially long bull markets aren’t always followed by especially long or severe bear markets. If “the higher they go, the harder they fall” were true, then an exceptionally severe bear market is indeed in our future. Notwithstanding the current narrative that the bull market is 11 years old, it actually is much younger: less than four years old, in fact.
- MarketWatch
Trump vowed to help small farmers, but here’s where the aid is really going
According to a recent study from the EWG, “the richest of the rich” — the top 1% — received 13% of the federal payments, or more than $177,000 each. The bottom 80%, on the other hand, go an average payment of $5,136.
- MarketWatch
Where will the S&P 500 go in 2020? Here are the most bullish and bearish strategists
Wall Street unanimously agrees that next year’s S&P 500 index performance will come nowhere near 2019’s
- MarketWatch
Forget buy and hold — here are 10 rules to help navigate this dicey market
Buy and hold... and forget. Time in the market, not timing the market. Anybody who’s ever contributed to a retirement account has probably heard the tried-and-true approach Wall Street pros have been peddling for decades. But one financial planner explains what’s wrong with that advice.
- MarketWatch
The fear of missing out will punish you once the stock market starts to make a ‘blow-off top’
Keep your money close when Wall Street and surging stock prices tempt you to buy, writes Michael Sincere.
- MarketWatch
How many Goldman Sachs private equity clients are preparing for a recession? Every single one of them
According to a recent National Association for Business Economics survey, 72% of economists expect a recession by the end of 2021. That percentage appears to be much higher among some of Goldman Sachs’s deepest-pocketed customers.
- MarketWatch
Baby boomers commit the ‘7 deadly sins’ of retirement planning
The lights have been green for the baby boomers all their lives. They were born just after World War II, between 1946 and 1964, and raised during the biggest, most sustained economic boom in human history.
- MarketWatch
Don’t time the market, but if you do, here’s when the bear might come knocking
The U.S. stock market has been setting new records and the economy is in a record eleventh year of expansion, so one research firm thinks a recession is due in the next two years. What that means for stocks, precisely, is a little less clear.
- MarketWatch
The repo market is ‘broken’ and Fed injections are not a lasting solution, market pros warn
Demand for short-term funding from the Federal Reserve is still running high ahead of the typical year-end cash crunch, even as the central bank has poured more than $320 billion into financial markets to keep credit flowing.
- MarketWatch
The stock market could get cut in half next year, warns hedge-fund manager
Steven Gidumal, managing partner of Virtus Capital, says the fate of this relentless bull market hangs on what happens in the upcoming 2020 presidential election.
- MarketWatch
Trump perfectly orchestrates the stock market’s rise whenever momentum wanes
Price action, internal momentum and volume aren’t great, but that doesn’t matter when the president wields his baton.
- MarketWatch
Dow industrials post best day in 2 months after better-than-expected November jobs report
U.S. stocks close sharply higher Friday after employment report for November beat expectations, while investors remain optimistic about the chances of a U.S.-China trade deal.
- Barrons.com
Cleveland-Cliffs Stock Slumped After It Agreed to Buy AK Steel. Investors Might Be Wrong.
News that Cleveland-Cliffs planned to buy AK Steel sent shares tumbling Tuesday, but the iron-ore miner may have hit a “home run” on the deal.
- Barrons.com
The Jobs Numbers Were Great. The Dow Still Finished Down for the Week.
Friday’s jobs report was certainly worthy of celebration. But the Dow finished the week off 36.35 points, or 0.1%.
- Barrons.com
An Elizabeth Warren Win Won’t Tank the Stock Market. Here’s Why.
History shows investors shouldn’t worry about the impact on the market next year if Warren’s campaign gains steam, a Bernstein economist says.
- Barrons.com
The Dow Added 337 Points Because a Strong Jobs Report Works Wonders
The main U.S. stock indexes closed with strong gains on Friday as November’s jobs report come much better than expected. Progress in trade talks with China remain cloudy.
