|Day's Range||25,779.60 - 25,898.27|
|52 Week Range||21,712.53 - 26,951.81|
Stocks rebounded from Monday’s declines as a temporary exemption to a blacklist against China’s Huawei Technologies ignited a more risk-on sentiment among investors.
What is the "naked" short and how does it prop up the price of a company's stock in an initial public offering?
Technology companies helped power stocks broadly higher on Wall Street Tuesday, snapping the market's two-day losing streak.
Stocks close solidly higher Tuesday, following a temporary reprieve on restrictions on U.S. exports to China telecom giant Huawei Technologies, reflecting a slight reduction of tensions in one front of the Sino-American tariff war.
Shares of technology companies helped lift Wall Street on Tuesday after the United States temporarily eased curbs on China's Huawei Technologies Co Ltd, alleviating investor concerns about pressure on ...
U.S. stocks ended solidly higher Tuesday after equity investors were buoyed by Washington's decision to grant a temporary reprieve on restrictions to China telecom giant Huawei Technologies Co.. The S&P 500 climbed 0.9% to finish near 2,864. The Dow Jones Industrial Average advanced 198 points, or 0.8%, to end around 25,877. The Nasdaq Composite climbed 1.1% to finish around 7,786. Equities rebounded from Monday's selloff in technology and chip-maker stocks after U.S. officials said they would give a 90-day exception to an export blacklist against Huawei, which has been in the cross sights of Washington. However, Huawei founder Ren Zhengfei said his company would outmuscle its rivals in 5G in a few years, and that the company was ready for the export ban. In company news, shares of J.C. Penney Co. Inc. fell 7.4% after the department store chain missed analysts' expectations for first-quarter earnings.
The Wall Street Journal reported that a bird may have damaged sensors on the Ethiopian Airlines flight that crashed in March. Investors reacted by sending Boeing shares higher.
Shares of United Continental are rising for a second day following an upgrade by Morgan Stanley. On Tuesday, United management reiterated guidance and that was enough to keep the positive momentum going.
The push for legislation that would allow banks do business with cannabis companies without the risk of federal enforcement action is gaining momentum and credit unions are playing a key role.
Tech stocks were the big winners due to a U.S. plan to provide temporary exemptions to its ban on sales of goods or services to Huawei Technologies.
Investing.com – U.S. stocks bounced back on Tuesday from a slump a day earlier, led by tech stocks after the U.S. temporarily eased some of the restrictions on China's Huawei.
Investors in the Dow Jones Industrial Average ETF might wonder what's next for the widely-watched benchmark. Analysts think it's 28,762 in 18 months.
Global equity markets rose on Tuesday, led by chipmakers and companies exposed to Asia, after the United States temporarily eased trade restrictions imposed on China's Huawei Technologies, while the dollar rose on a flight to quality. Major European stock markets rose and Chinese indices gained more than 1 percent after the Commerce Department late on Monday allowed Huawei to buy U.S. goods until Aug. 19 to maintain existing telecoms networks and provide software updates to its smartphones.
In a worst-case scenario, falling demand for Tesla cars in China could send the electric-car maker’s stock plummeting, analyst Adam Jonas said.
The major stock indexes were broadly higher early Tuesday. Top growth stock Monster Beverage is near a potential buy point.
U.S. stocks opened higher on Tuesday, with the Dow rising more than 100 points, as technology stocks rebounded after Washington temporarily eased trade restrictions imposed last week on China's Huawei. ...
Stocks opened higher Tuesday, getting a lift after the Commerce Department said it would grant temporary exemptions to an export blacklist against Chinese telecom firm Huawei. The S&P 500 rose 15.36 points, or 0.5%, to 2,855.59, while the Dow Jones Industrial Average advanced 135.93 points, or 0.5%, to 25,815.83. The Nasdaq Composite was up 72.01 points at 7,774.38, up 0.9%.
The S&P 500 hit a new high just three weeks ago, confirming that it’s still in a bull market. If only we could say the same thing about the Dow and other indexes.
Like President Donald Trump’s previous decisions on tariffs, the market may be assuming that an announcement on Huawei opens a window for negotiations.
Investors cheered a temporary delay in the ban on sales of goods and services to Huawei Technologies, which had been seen as making trade tensions worse.
Shares of United Continental Holdings Inc. were indicated up about 0.8% in premaket trade Tuesday, after the air carrier affirmed its full-year profit outlook. The company disclosed in an 8-K filing with the Securities and Exchange Commission, that it still expects 2019 adjusted earnings per share between $10.00 to $12.00, surrounding the FactSet consensus of $11.10. The company said it still expects second-quarter adjusted pre-tax margin of between 11% to 13%. The stock has lost 2.4% year to date, while the NYSE Arca Airline Index has gained 8.0% and the Dow Jones Industrial Average has advanced 10.1%.