|Day's Range||23,052.67 - 23,167.24|
|52 Week Range||17,883.56 - 23,172.93|
Yahoo Finance's LIVE stock market coverage and analysis.
Veteran market forecaster Peter Schiff is still upset at the Federal Reserve's response to the Black Monday crash of 1987, where the S&P 500 declined 20%.
U.S. equities mostly moved lower on Thursday to end a session that looked — minutes after the open — headed for the worst day for Wall Street in months. Just a day after the Dow zoomed above the 23,000 level. And on the 30-year anniversary of the 1987 market crash.
The Dow and S&P 500 eked out record closing highs on Thursday, turning higher at the last minute after a Politico report that Federal Reserve Governor Jerome Powell is the leading candidate for the nominee for Fed chair. Investors have been anxious to hear who President Donald Trump will pick as the nominee. A decision like Powell would likely be a continuation of the current stock market-friendly monetary policy that has helped fuel the market's more than eight-year bull run.
The Dow Industrials propelled past the 23,000 level out of the gate early Wednesday. The Dow's historic rally comes on the eve of the anniversary of the worst stock market crash in US history. Market historian Sam Stovalland Chief Investment Strategist at CFRA explains why there are very few similarities between thy '87 crash and now.
The Dow powered past the 23,000 mark at the open of trading on Wednesday. The blue chip index has hit one milestone after another this year and hit its 50th record close yesterday. Wall Street veteran--Sam Stovall, Chief Investment Strategist at CFRA explains why he thinks that there is some more upside left in the stock market.
Jim Cramer pinpoints the windows of opportunity in the market-wide sell-off and helps investors strategize how to play the decline.