|Day's Range||24,328.54 - 24,536.89|
|52 Week Range||20,553.45 - 26,616.71|
Market recap for Monday, April 23rd
Our chart of the day shows that the consensus bet for a weak dollar is still going strong, but there’s another side of the market that expects the opposite will happen. And that could crush one big commodity....
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. 6:51 a.m. Was ...
U.S. stocks are set to open modestly higher Tuesday as investors prep for a hectic session of corporate earnings and watch for benchmark 10-year bonds yields breaching 3% for the first time since 2014....
Wall Street stocks look set for an upbeat open on Tuesday, as bond yields ease back. But six Dow components are lined up to report before the bell, as the forecast-beating earnings season returns to focus....
The US stock markets drifted rather aimlessly during the trading session on Monday, as traders came back from the weekend. The market continues to be very bullish longer term, but the last couple of weeks have been very difficult. Interest rates are climbing in the bond market, and that of course influences stock markets in America. Currently, it seems as if the market is ignoring that.
The S&P 500 was largely unchanged Monday as a stock-market rally that once appeared unstoppable entered its longest stretch of vulnerability since the financial crisis. Monday’s increase of less than 0.1% marked the 51st trading day since the index suffered a correction—a decline of at least 10% from a recent high—its longest stretch in correction territory since 2008. Investors tepidly traded most of the day, with the fewest number of shares changing hands since Dec. 29.
Government bond yields climbing and a shrinking gap between short-term and long-term Treasury rates have prompted some consternation on Wall Street, driving equity prices lower as investors fret about what these dynamics mean for U.S. economic growth as it enters its ninth year of expansion. Fears about a so-called flattening yield curve have taken center stage, with investors fixated on the gap between the 2-year Treasury notes (XTUP:TMUBMUSD02Y=X) and the 10-year benchmark (XTUP:TMUBMUSD10Y=X), which last Tuesday touched the narrowest point—41 percentage points—in more than a decade. The yield curve is often tracked as a measure of sentiment about the economy’s overall health.
Yahoo Finance’s Seana Smith, Andy Serwer and Julia La Roche talk with Jim McCaughan, CEO of Principal Global Investors, about whether the Fed will stick with its plan for gradual rate hikes.
Treasury Secretary Steven Mnuchin says he may travel to China to talk trade. Yahoo Finance’s Alexis Christoforous and Rick Newman talk about what that could mean for negotiations.