|Day's Range||2,798.08 - 2,810.33|
|52 Week Range||2,257.02 - 2,810.33|
Market recap for Friday, January 19th 2018
The first week of fourth-quarter earnings releases from U.S. corporation is confirming what most investors had already suspected: a lower corporate tax rate is likely to boost profits and may even percolate ...
Don Taylor of the $19.4 billion Franklin Rising Dividends Fund seeks companies with especially strong businesses.
These seven commission-free ETFs are great for buy-and-hold investors who use TD Ameritrade for an IRA or HSA in 2018.
The S&P 500 initially fell during the week, but turned around to form a bit of a hammer. The hammer sits just below the 2800 level, so I think if we can break above the top of this hammer, it will show a need to explode to the upside. You could in fact be a bit of a “blow off top.”
New York hedge fund Soroban Capital Partners plans to shrink its main fund by $1.5 billion, becoming the latest in a string of managers to return some client money as stock markets have rallied.
The S&P 500 rose to a fresh record as investors focused on corporate earnings and largely brushed off the threat of a U.S. government shutdown.
What do you do with a problem like Boeing? Yes, it’s strange to call a stock like Boeing (BA) a problem. It gained 89% last year, making it the top performer in the Dow Jones Industrial Average, outpacing more popular names like Apple (AAPL) and Microsoft (MSFT).
Barron’s: So, Jeffrey, how does the world beyond equities look? Jeffrey Gundlach: We take the 50,000-foot view. One of our higher-conviction ideas is that the dollar will have another big move down. We ...
More than most sectors, utility stocks have felt the sting of rising interest rates. While the Standard & Poor’s 500 is up nearly 5% this year, the utilities in the index are down 4.5%, besting only the real estate group, which has lost 5%. The table below tracks the price of the Utilities Select Sector SPDR exchange-traded fund (XLU) against the 10-Year Treasury bond’s yield, which hit 2.6% late last week for the first time in nearly a year.
The director of operations at a Georgia book distributor won the 2017 Barron’s forecasting challenge, topping more than 3,000 entrants in the annual contest. Keith Sanders, 57, got a score of 12 out of ...
Were it left to me to decide whether we should have a government without newspapers, or newspapers without a government, I should not hesitate a moment to prefer the latter.” So wrote Thomas Jefferson, the third U.S. president, and Washington, as in the nation’s capital, seemed to be making the same choice, notwithstanding the low esteem in which the Fourth Estate is held there. The federal government was set to shut down after midnight on Friday, barring congressional approval of legislation to keep it operating for another month. The measure, already passed by the House of Representatives, required 60 votes in the Senate.
A blast of earnings news could help boost stocks in the coming week, but a bigger story may be the move higher in bond yields.
The S&P 500 rose 0.9% this week after gaining 0.4% to 2810.30 today, while the Dow Jones Industrial Average climbed 268.53 points, or 1.04%, this week after advancing 53.91 points, or 0.2%, to 26,071.72. The Nasdaq Composite jumped 1% this week after gaining 0.6% to 7336.38 today. The S&P 500 and Nasdaq finished the week at all-time highs.
The dollar's drop to three-year lows this week after prolonged weakness in 2017 is expected to further boost profits at big U.S. companies when investor optimism is already high over corporate tax cuts. Investors are keeping an eye out for signs of the dollar's impact on company earnings as fourth quarter reporting ramps up next week. U.S. multinationals, especially energy and technology companies that have a significant portion of their sales overseas, could benefit the most from the currency effect, while other sectors like telecommunications benefit less.
Are IPO plans for JD and Alibaba in the slow lane? When JD.com (JD) followed in Alibaba’s (BABA) footsteps and separated its finance unit JD Finance, there was speculation that it was preparing the unit for an IPO (initial public offering). Alibaba spun off its financial services arm, Ant Financial, before it went public in the US (SPY) in 2014.
___ US oil output is booming and seen outpacing Saudis, Russia A global energy agency says that U.S. oil production is growing quickly and is forecast to top that of heavyweights Saudi Arabia and Russia ...
Government shutdowns always have been primarily over government spending, but the current fight is over immigration policy.