^DJI - Dow Jones Industrial Average
| Previous Close | 25,776.60 |
| Open | 25,658.00 |
| Volume | 163,860,986 |
| Day's Range | 25,332.49 - 25,658.00 |
| 52 Week Range | 21,712.53 - 26,951.81 |
| Avg. Volume | 296,718,548 |
- Yahoo Finance Video•38 minutes ago
Why the actual impact of trade war may be more modest than investors think
Regent Atlantic Partner, Andy Kapyrin, gives his take on investors' reaction to the trade war between the U.S. and China. He talks with Yahoo Finance's Julie Hyman, Adam Shapiro, Dan Roberts and Bullseye Brief's Adam Johnson.
- Yahoo Finance Video•9 hours ago
Mark Cuban joins Influencers with Andy Serwer
Yahoo Finance Editor-in-Chief Andy Serwer sits down with Mark Cuban, billionaire businessman and owner of the Dallas Mavericks.
- Reuters•11 minutes ago
US STOCKS-Trade, global growth worries slam Wall Street
U.S. stock indexes slumped 2% on Thursday, as investors dumped technology, industrial and energy stocks on fears that a spiraling trade war between the United States and China would shackle global growth. Technology, among sectors most exposed to China, was the hardest hit. Microsoft Corp and Apple Inc were the biggest drags, while the chip index dropped 2.79%.
- MarketWatch•17 minutes ago
Stock market's Thursday tantrum isn't offering any evidence of panic selling
The Arms Index, a volume-weighted measure of market breadth, suggests that despite the stock market's broad and sharp declines on Thursday, the unwind appears to be orderly. The so-called Arms Index tends to rise above 1.000 when the broad market declines, as the ratio of volume in declining stocks over advancers tends to rise relative to the ratio of the number of declining stocks to advancers, as sellers become more aggressive than buyers. A reading of 2.000 or higher is viewed by many as signaling panic. However, the NYSE Arms was at just 0.904 and the Nasdaq Arms was at 0.632, although the Dow Jones Industrial Average [: DJIA] tumbled more than 400 points, or 1.6%, at 25,357, and the Nasdaq Composite Index shed 2% at 7,602. The S&P 500 index was off 1.6% at 2,810, late afternoon Thursday. Currently, declining stocks were 2,320 versus 484 advancers on the NYSE, roughly the same ratio on the Nasdaq. Moves for stocks came as the benchmark 10-year Treasury note yielded 2.30%, falling to its lowest level since December of 2017. Heightened fear of trade war, which could disrupt economic growth was at the heart of the selloff. The relatively placid selling, however, could, perhaps, be pegged to a Memorial Day holiday, with markets in the U.S. set to be closed.
- MarketWatch•33 minutes ago
Dow, S&P 500 and Nasdaq on verge of first May loss since Europe’s 2012 debt crisis
The three main U.S. benchmarks are in store for their sharpest May losses in seven years as Sino-American trade tensions buffet equity values on Thursday.
- TheStreet.com•37 minutes ago
Dow Sinks as U.S.-China Trade War Intensifies, Tech Hit by Trade Tensions
The Dow Jones Industrial Average continued declining Thursday as the trade war between the U.S. and China intensified. cut its second-quarter guidance amid lower revenue expectations resulting from the U.S. ban on business with Huawei Technologies. beat Wall Street's first-quarter earnings expectations and confirmed its full-year profit guidance.
- Reuters•5 minutes ago
Trade, global growth worries slam Wall Street
Technology, among sectors most exposed to China, was the hardest hit. Microsoft Corp and Apple Inc were the biggest drags, while the chip index dropped 2.79%. Oil prices plunged over 5% as trade fears dampened the demand outlook, leaving the energy index down 3.72%, the biggest decliner among the major 11 S&P sectors.
- MarketWatch•52 minutes ago
Fed's Daly sees inflation moving back up to 2% target
Both a tight labor market and concern among businesses about their profit margins should boost inflation as the year unfolds, San Francisco Fed President Mary Daly said on Thursday. In an interview with the Fox Business Network, Daly said she expects inflation to move to the Fed's 2% target, but not above that level. After hovering just below 2% last fall, the Fed's favorite measure of core inflation, the personal consumption expenditure index, fell to a 1.6% annual rate in March. Daly said she expects a tight labor market and steady, if subdued, growth will continue to push up wages, and this will put some upward pressure on prices. At the same time, businesses are "starting to think" about passing along "certain" price increase to customers to protect their profitability, she said.
- MarketWatch•1 hour ago
10-year Treasury yield tumbles to around 18-month low on trade jitters, anemic data
Treasury prices surge on Thursday as nervous investors face signs of economic weakness abroad and the possibility that U.S.-China trade tensions may last longer than anticipated.
- MarketWatch•1 hour ago
Purchase intent for Apple's iPhones in China reaches 'lowest level ever,' says UBS
UBS analyst Timothy Arcuri wrote Thursday that purchase intent for Apple Inc.'s looks to be stabilizing in most of the world, except for in China. His firm's survey of smartphone owners found that only 17% of Chinese respondents plan to purchase an iPhone in the next 12 months, compared with 22% when the survey was last conducted in October. "The survey has been directionally accurate in predicting demand for the next 12 months," Arcuri wrote. He said that Apple's China numbers face easier comparisons going forward but are still high in the next six months. "We do think a nationalistic movement - similar to the one we saw at the time of the arrest of Huawei's CFO in November - seems quite probable and would impact iPhone sales," Arcuri wrote of trade tensions between the U.S. and China. He cut his price target to $225 from $235 but maintained a buy rating on shares, which are off 2.4% in Thursday's session. Apple's stock has gained 13% so far this year, as the Dow Jones Industrial Average has risen almost 9%.
- Motley Fool•1 hour ago
Stock Market News: Falling Oil Hits ExxonMobil; Will Swine Fever Burn Chipotle?
Trade fears hit the stock market hard on Thursday morning.
- Investor's Business Daily•2 hours ago
U.S. Stock Indexes Drop As Global Recession Fears Grow
Morgan Stanley set the morning's negative tone when analysts predicted that without a U.S.-China trade deal "we see the global economy heading toward recession."
- MarketWatch•2 hours ago
GE's stock falls to erase all gains made after upbeat Q1 earnings produced a technical breakout
Shares of General Electric Co. sank 2.9% in morning trade Thursday, putting them on track to erase all the gains made after the industrial conglomerate reported upbeat first-quarter results on April 30. GE's post-earnings high close was $10.50 on May 3. In the process, GE's stock has fallen back below both the 50-day moving average (short-term trend tracker) and the 200-day moving average (dividing line between longer-term uptrends and downtrends) for the first time since April 29. At an electrical products conference Wednesday, Chief Executive Larry Culp reiterated that fixing the struggles at its power business would not be easy, and remained a "multi-year" process. Meanwhile, the 50-DMA has turned lower, to $9.847 from $9.852 on Wednesday, indicates that the bullish "golden cross" pattern that was on track to appear as early as this week is now in doubt, as the 200-DMA slipped to $9.864 from $9.879 on Wednesday. Many chart watchers see a golden cross, when the 50-DMA crosses above the 200-DMA, as marking the spot that a shorter-term bounce graduates into a longer-term uptrend. The last time the 50-DMA was above the 200-DMA was March 6, 2017. GE's stock was still up 32.1% year to date, while the Dow Jones Industrial Average has gained 8.8%.
- MarketWatch•2 hours ago
Apple needs its new services to succeed because the existing ones will slow considerably: Bernstein
Bernstein analyst Toni Sacconaghi wrote Thursday that Apple Inc. needs to succeed with its new services offerings given that he predicts the company's existing services business could start showing growth of less than 10% in the next three or four years. "Services growth is critical in driving Apple's overall top line, as well as potentially stabilizing overall company gross margins, which have fallen in each of the last five years," he wrote. "Given that Apple's installed base should be relatively flat going forward, services growth will likely depend entirely on additional [average revenue per user] expansion, whether through new offerings or increased monetization of existing businesses." Sacconaghi sees some potential in newer services. He estimates that Apple's advertising business could bring in $3 billion to $4 billion in revenue over the next three to five years, while AppleTV+ could bring in $3 billion to $6 billion. "On net, we consider these findings to be incrementally bullish, but also heavily contingent on strong execution," wrote Sacconaghi, who has a market perform rating and $190 target on the stock. Apple shares are down 1.8% in midday trading Thursday, though they're up 14% on the year. The Dow Jones Industrial Average has risen 9% in that time.
- Reuters•2 hours ago
US STOCKS-Wall Street tumbles over 1% on trade, growth fears
U.S. stock indexes fell more than 1% on Thursday, as investors sold off technology, industrials and energy stocks on fears that a spiraling trade war between the United States and China would crimp global growth. Microsoft Corp and Apple Inc were down more than 1%, dragging the sector lower, while the chip index dropped 2.3%.
- Barrons.com•2 hours ago
The Dow Loses 345 Points Because China and the U.S. Just Can’t Seem to Get Along
Terse comments from Chinese officials fanned the flames of tariff worries again, sending the Dow Jones Industrial Average, the S&P 500, and the Nasdaq Composite sharply lower.
- Reuters•2 hours ago
GLOBAL MARKETS-Shares slide on fear trade spat is now a tech cold war
The dollar hit its highest level in two years against a basket of six major currencies and the euro slumped to levels last seen in May 2017 as a recovery in euro zone business activity was weaker than expected. Equity investors, basking in the luxury of low interest rates, had been hoping for the best since U.S.-China trade talks soured, said Michael O'Rourke, chief market strategist at JonesTrading in Greenwich, Connecticut.
Associated Press•2 hours agoStocks tumble on trade war anxiety; Dow falls 300 points
Global stocks tumbled Thursday as investors' anxiety over the U.S. trade spat with China increased with the two sides showing no hurry to get back to the negotiating table. Most sectors in the S&P 500 fell and the index is headed for its third straight weekly loss. Investors sought safety in the bond market and the yield on the 10-year Treasury dropped to 2.33 percent, the lowest level in more than a year.
- MarketWatch•2 hours ago
How a Peter Thiel crypto startup is set to deliver a more than 6,500% return
If the reports are anywhere near accurate, Peter Thiel may soon enjoy one of the financial world’s all-time richest returns.
- MarketWatch•2 hours ago
Oil tumbles, with U.S. prices at 2-month low, poised to suffer biggest one-day loss of the year
Oil futures tumble on Thursday, U.S. prices heading for a more than two-month low and poised to suffer their largest single-session loss of the year as a broad aversion to assets perceived as risky grips global markets, knocking down equities.
- Barrons.com•3 hours ago
The Dow Drops 365 Points Because the Trade War May Never End
The Dow Jones Industrial Average is getting crushed as concerns about the U.S.-China trade war continue to grow.
