|Day's Range||23,823.08 - 24,146.34|
|52 Week Range||20,553.45 - 26,616.71|
Yahoo Finance's Seana Smith on the NYSE halting trading of Amazon and Alphabet, Twitter shares declining after earnings, what to expect from Facebook's earnings and more.
The U.S. stock market has been struggling to break out of a tight trading range for months, and increasingly investors seem concerned about the implications this could hold for the lengthy bull run. U.S. stock-market investors aren’t suddenly expecting the sky to fall, but much of the enthusiasm for equities seen over the past year has been dissipating, with few analysts expecting gangbuster returns from current levels, and an increasing number seeing a greater risk of losses. According to data from the Conference Board, just 32.7% of consumers expect stock prices to be higher 12 months from now, the lowest percentage since November 2016.
U.S. stock futures trade modestly higher Thursday, with Facebook Inc. buttressing investor sentiment after better-than-expected corporate results.
3M (MMM) announced its 1Q18 earnings on April 24, 2018. It reported adjusted EPS (earnings per share) of $2.50, an increase of 15.7% on a year-over-year basis. In 1Q17, 3M posted adjusted EPS of $2.16. 3M was able to meet the Wall Street estimate of $2.50 to $2.51. The adjusted earnings per share exclude a net tax expense of $217 million, or $0.36 per share, resulting from the Tax Cuts and Jobs Act. It also excludes a lawsuit settlement with the State of Minnesota for $897 million, which translates into $1.16 per share.
Treasury yields pull back early Thursday, threatening to halt a protracted selloff in U.S. government paper that saw yields, which move inversely to price, for the benchmark 10-year break above a psychologically ...
In the previous article, we noted that Sheila Patel, the CEO of Goldman Sachs (GS) Asset Management’s International division, believed that a global meltdown in equities isn’t imminent. As market risks are increasing in the economy, she advised investors to focus on a variety of investment strategies.
Like Facebook, which is on a tear in premarket after dazzling investors with bulletproof earnings, such as a 49% revenue pop. Helping complete that FAANG earnings picture, Amazon and Microsoft are due after the close, with Apple finishing things off next Tuesday.
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. 6:58 a.m. Stocks ...
U.S. stock futures suggest Wall Street will open with modest gains on Thursday; Facebook posts a blowout quarter; Amazon and Microsoft to report earnings; Ford is no longer a car company.
Rising oil prices, surging bond yields and mixed earnings forecasts have stalled overnight gains for global stocks and pulled U.S. equity futures into the red ahead of another hectic slate of corporate ...