|Day's Range||26,747.62 - 26,852.67|
|52 Week Range||21,712.53 - 27,398.68|
It's time to get technical at the YFi Interactive touch screen. Joining Yahoo Finance's Jen Rogers is Jared Blikre to break down today's surge in stocks and bond yields.
Stock futures: Cadence Design Systems, Vertex Pharmaceuticals, Stamps.com and a big opioid settlement made headlines after the stock market recouped Friday's losses.
Netflix Inc. is planning to raise another $2 billion in debt as it moves to raise the financing needed for new content as the battle for streaming customers heats up with a slate of new offerings on tap.
Stocks rose on Monday as investors remained optimistic about the outlook for a trade deal between the U.S. and China. Still, the Dow Jones Industrial Average is being held back by a big drop in Boeing stock after the aircraft maker received multiple downgrades.
Wall Street might be starting to lose faith in Boeing stock, after the emergence of emails from 2016 is raising questions for analysts and investigators alike.
World stock indexes rose on Monday as signs of work to resolve the U.S.-China trade war bolstered investor hopes, while the Canadian dollar strengthened in the hours before results of the election for prime minister. U.S. President Donald Trump praised efforts to end the U.S.-China dispute, while White House adviser Larry Kudlow said tariffs scheduled for December could be withdrawn if talks go well. In Britain, the parliament's speaker refused to allow a vote on Boris Johnson's divorce deal with the European Union, suggesting the British prime minister faces further problems in Brexit ratification.
GE is a complicated company, making it difficult to assess the turnaround being led by new CEO Larry Culp. Positive free cash flow, more debt reduction, and no new “hidden” debt from legacy insurance liabilities should be what it takes for the stock to keep working the rest of 2019.
Netflix (ticker: NFLX) said it plans to issue junk-rated bonds denominated in dollars and euros. Disney-plus is priced at just $6.99 a month compared with the $8.99 Netflix charges for its basic plan, and will include its entire library of films and TV shows, including the Marvel and Star Wars franchises. Disney will pull some of its existing content from Netflix once licensing agreements expire, including “Friends” and “The Office,” which have proved popular with a millennial audience.
U.S. stock benchmarks end the session higher amid optimism over tariff talks and earnings, but a decline in shares of Boeing caps gains in the blue-chip Dow index.
U.S. stock indexes finished mostly higher Monday but the Dow's ascent was capped by a sharp decline in shares of component Boeing Co. The Dow Jones Industrial Average closed up 57 points, or 0.2%, at 26,828, with gains for the blue-chip index limited by a 3.8% decline in shares of Boeing , which produced a roughly 90-point drag on the index. Meanwhile, the S&P 500 index advanced 0.7% to 3,007, marking its highest finish since Sept. 21 and its first close above the psychologically significant level at 3,000 since that date, according to FactSet data. The Nasdaq Composite Index ended the session up 0.9% at 8,163. All closing levels for the stock-market indexes are on a preliminary basis. Shares of Boeing sank for a third straight session as the Wall Street Journal reported that Congress was intensifying scrutiny of the plane maker as new details pointed to undue management pressure on employees and allegations suggested that officials knew of problems with its 737 MAX jet before the plane got approval to fly. Monday's trading action came as investors were digesting mostly upbeat reports on Sino-American trade talks and corporate quarterly results, which were coming in better than expected. Meanwhile, the 10-year Treasury note yield rose 4.7 basis points to a four-week high of 1.794%, reflecting a so-call risk-on environment.
Oil prices might be acting like a warning light when it comes to the stock market, which is trading near all-time highs despite growing concern over the U.S.-China tariff battle and rising global trade tensions.
U.S. Treasury yields push higher Monday as U.K. Prime Minister Boris Johnson was prevented from holding a vote on his bill to break away from the European Union, presenting another complication to the deal’s passing.
The benchmark S&P 500 stock index rose within striking distance of a record high on Monday as further signs of progress toward a resolution of the trade dispute between the United States and China helped boost shares in trade-exposed and economically sensitive sectors. U.S. President Donald Trump continued to strike optimistic tones on Monday, while White House adviser Larry Kudlow said U.S. tariffs on Chinese goods scheduled for December could be withdrawn if talks go well. Trade-sensitive technology stocks, which rose 1%, added the most gains to the S&P 500.
Infosys is tumbling after the company said that a group of whistleblowers had filed “complaints alleging certain unethical practices” in order to boost sales and profits.
Yahoo Finance's Julie Hyman, Adam Shapiro, Brian Sozzi, Andy Serwer and Brian Cheung discuss Lagarde's revealing interview on 60 Minutes.
Yahoo Finance's Julie Hyman, Adam Shapiro, Brian Sozi, Andy Serwer and Oscar Williams-Grut discuss latest in Brexit negotiations.