|Day's Range||2,919.73 - 2,932.20|
|52 Week Range||2,488.03 - 2,932.20|
The U.S. economy is forging ahead while the rest of the global economy is trying to keep up, said Carlyle co-CEO Kewsong Lee.
BlackRock CEO Larry Fink explains why he is bullish on stocks.
Live from the floor of the New York Stock Exchange, Yahoo Finance's Jared Blikre joins Seana Smith and Dion Rabouin to discuss the latest market moves.
The line-ups of three of the 11 groups that make up the benchmark S&P 500 index are being shuffled as of Monday. Twenty companies in the index including famous names like Facebook, Alphabet and Netflix will find a new home. It gets reinvented as communication services and grows from three to 19 companies, adding some key names from the technology and the consumer discretionary sectors.
U.S. stocks rally Thursday, with both the Dow Jones Industrial Average and the S&P 500 climbing to records, on the back of strong economic data, which helped to alleviate concerns over escalating U.S.-China trade tensions.
The Dow Jones Industrial Averaged just marked its first intraday all-time high since January, marking a resumption of a record run for the blue-chip index that had taken a nearly eight-month pause.
Investing.com - Wall Street opened higher Thursday as technology stocks rebounded and a rise in bond yields helped financial stocks continue the previous session’s rally.
As the Dow rallies to its first new high since January, there are a number of signs technical analysts are watching that could signal a further market break out ahead. One of those signals was a technical confirmation by the Dow Jones Industrials of the move higher in Dow Jones Transport stocks, including airlines and railroads. Financials also found their footing this week, benefiting from higher interest rates.
also joined the party, setting its own record as investors assessed the risk landscape amid rising bond yields and higher crude oil prices and looked past trade war worries. Global oil prices have risen for three consecutive sessions with West Texas Intermediate crude, the U.S. benchmark, crossing $71 a barrel and contracts for Brent crude, the European benchmark, rising closer to $80, following data that showed domestic inventories fell to the lowest level in three-and-a-half years.
A shooting Thursday morning at a warehouse near Aberdeen, Md., has resulted in at least three fatalities and multiple injuries, according to several reports. The shooting happened near a Rite Aid Corp. warehouse about 55 miles away from Baltimore, reports say. The Federal Bureau of Investigation described developments as an "active shooter situation" and said its Baltimore field office was assisting in the matter, according to a report from the Chicago Sun Times. The New York Post reported that two people were injured in the shooting as well."What I understand is the location is secure," said Rite Aid spokeswoman Susan Henderson, [l:according to CNN|https://www.cnn.com/2018/09/20/us/maryland-shooting/index.html]. She said 1,000 employees work at that facility. Check back for updates. Harford County Sheriff Jeffrey Gahler referred to the shooting as a tragic event at a news conference at 11:45 a.m. Eastern. The sheriff declined to offer a number of those dead and injured from the incident. Shares of Rite Aid traded up 0.4% on the day, little changed after the reports. Shares of the drug retailer were on track for a 32% year-to-date loss, compared with a gain of 7.8% for the Dow Jones Industrial Average and nearly 10% rise for the S&P 500 index over the same period.
An MSCI index tracking shares in 47 countries rose 0.3 percent to a three-week high, supported by gains in Europe and Asia, but Chinese equities dipped after a two-day rally due to bets of government stimulus to limit the economic damage of new trade barriers. For his part, Chinese Premier Li Keqiang said this week he would not would not weaken the yuan to boost exports.
Actor and producer Michael B. Jordan is the first global spokesperson for the Coach brand's menswear business, starting with the Spring 2019 season. In addition to advertising campaigns for the brand's clothing, accessories and fragrance, Jordan will participate in special design projects with Stuart Vevers, the brand's creative director, and philanthropic programs with the Coach Foundation. Jordan has appeared in films including "Black Panther," "Creed," and "Fruitvale Station." Coach is one of the brands in the Tapestry Inc. portfolio. Tapestry shares have rallied 13.7% in 2018 so far while the S&P 500 index has gained 9.6% for the period.
A wave of buying sent U.S. stocks solidly higher on Wall Street Thursday, pushing the Dow Jones Industrial Average above the all-time high it closed at in January. The S&P 500, the benchmark for many index ...
Verizon Communications Inc, AT&T Inc and CenturyLink Inc - will be included a newly-minted S&P 500 Communications Services Sector on Monday, along with high-flyers including Netflix Inc, Alphabet Inc and Facebook Inc. The telecom sector has been the biggest loser among the S&P's 11 major sectors with an 4.4-percent decline so far in 2018, driven by AT&T's 13.3-percent drop.
Verizon Communications Inc (VZ.N), AT&T Inc (T.N) and CenturyLink Inc (CTL.N) - will be included a newly-minted S&P 500 Communications Services Sector on Monday, along with high-flyers including Netflix Inc (NFLX.O), Alphabet Inc (GOOGL.O) and Facebook Inc (FB.O). The telecom sector has been the biggest loser among the S&P's 11 major sectors with an 4.4-percent decline so far in 2018, driven by AT&T's 13.3-percent drop.
U.S. household wealth rose by $2.19 trillion to a fresh high in the second quarter, boosted by a stock-market rally and higher property values, figures from the Federal Reserve showed Thursday.
Nine of the 11 major S&P sectors were higher, and the Dow Industrials, which had lagged the Nasdaq and the S&P, quickly moved back into record territory in morning trade. "The new record territories for the Dow and the S&P are fueled by lesser trade worries and just general enthusiasm about the economy," said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.
The Dow and the S&P 500 hit record highs on Thursday, clearing away investors' immediate concerns over trade at the start of this week and leaving Wall Street free to return to a rally that now dates back a decade. Nine of the 11 major S&P sectors were higher, and the Dow Industrials, which had lagged the Nasdaq and the S&P, quickly moved back into record territory in morning trade.