^GSPC - S&P 500
| Previous Close | 2,876.32 |
| Open | 2,858.60 |
| Volume | 1,887,749,622 |
| Day's Range | 2,854.23 - 2,885.48 |
| 52 Week Range | 2,346.58 - 2,954.13 |
| Avg. Volume | 3,547,461,451 |
- Reuters•13 minutes ago
BUZZ-U.S. stocks weekly: Standoff
** S&P 500 drops 0.8% on the week as China's aggressive stance in trade war with U.S. weighs ** At first support came under fire, but then oversold levels led to a bounce ** That bounce extended, but it ...
- MarketWatch•20 minutes ago
International Game Technology's stock falls after profit misses expectations
Shares of International Game Technology PLC fell 0.6% in premarket trade Monday, after the gaming and lottery company reported first-quarter earnings that missed expectations and revenue that fell a bit shy. The company swung to a profit of $40.25 million, or 20 cents a share, from a loss of $103.15 million, or 51 cents a share, in the same period a year ago. Excluding non-recurring items, adjusted earnings per share fell to 12 cents from 15 cents. The FactSet EPS consensus was 21 cents. Revenue fell 5% to $1.145 billion, just below the FactSet consensus of $1.154 billion. Among IGT's business segments, North America gaming and interactive revenue fell 1% to $240 million, beating the FactSet consensus of $229.5 million; North America lottery revenue was flat at $296 million, above expectations of $296 million; international revenue slipped 1% to $172 million to miss expectations of $186.9 million; and Italy revenue declined 2% to $437 million to miss expectations of $454.1 million. The stock fell 3.8% year to date, while the S&P 500 has gained 14%.
- MarketWatch•24 minutes ago
Pinterest shares tumble after earnings but analysts seem unfazed
Pinterest Inc. shares tumble, as analysts weigh in on the company’s first quarterly earnings since going public, with most seeming unfazed by bigger-than-expected losses.
- Barrons.com•28 minutes ago
Nordstrom Reports Earnings Tomorrow. Here’s What to Expect.
Nordstrom stock took a hard hit last year after a failed attempt to go private and disappointing earnings results.
- MarketWatch•30 minutes ago
Stocks poised to start the week lower as trade tensions persist
U.S. stocks looked set to fall on Monday as souring U.S.-China trade relations continued to weigh on sentiment throughout global markets.
- MarketWatch•40 minutes ago
Dish to buy EchoStar's BSS business in a deal valued at over $800 million
Dish Network Corp. announced Monday a deal to buy EchoStar Corp.'s broadcast satellite service (BSS) business in a stock deal valued at over $800 million. Under terms of the agreement, Dish will exchange 22.9 million of its shares, to be distributed to EchoStar shareholders, in exchange for nine direct broadcast satellites and certain key employees, and select real estate properties. Based on Friday's closing price of $35.33, the deal is valued at $809.06 million. ""In 2017, when DISH acquired the EchoStar assets that we needed to deliver the DISH TV and Sling TV customer experiences, key broadcast satellite operations and services remained with EchoStar," said Dish Chief Executive Erik Carlson. "This transaction brings those operations, including the BSS satellites, associated assets and key team members, in house and we expect those additions will create operational efficiencies and improve both free cash flow and EBITDA." Dish's stock, which was still inactive in premarket trade, has run up 41.5% year to date, while the S&P 500 has gained 14.1%.
- Bloomberg•48 minutes ago
Stocks Fall as Trade War Hits Tech; Bonds Steady: Markets Wrap
U.S. equity futures dropped alongside stocks in Europe as the fallout of White House moves against Chinese telco giant Huawei rippled through the technology industry. Contracts on the Nasdaq 100 led U.S. declines and pointed to a weak opening in New York, while software and chip maker shares helped pull the Stoxx Europe 600 index lower. Equities were mixed across Asia, but they rallied in Australia and the nation’s currency jumped after a surprise election victory for conservative Prime Minister Scott Morrison.
- Investor's Business Daily•56 minutes ago
Dow Jones Futures: Stock Market Rally Falters As China Trade News Hits Tech Supply Chains
Stock futures fell as China trade news hit tech firms. Microsoft, recent IPO Beyond Meat, Adobe, Workday and Hubspot are in buy range.
- TheStreet.com•1 hour ago
Dow Futures Dip, European Tech Slides, as Huawei Blacklist Adds to Trade Concern
Global stocks edge lower as moves to remove and delay tariffs last week by the White House were offset by the tech sector's reaction to the U.S. blacklisting of Huawei. Optimism was held in check by comments from President Donald Trump threatening the "end of Iran" as tension in the Gulf region continue to flare. Global oil prices jump higher following the President's Iran-related Tweet and comments from Saudi energy minister Khalid al-Falih that suggests the cartel will extend its agreement on production cuts next month in Vienna.
- Barrons.com•2 hours ago
The 60-Second Case for Microsoft as a Strong Dividend Stock
Microsoft stock doesn’t have the highest dividend yield. But there’s plenty of upside for income investors
- Barrons.com•2 hours ago
The Dubious Management Trend Sweeping Corporate America
NPS, or net promoter score, is a measure of customer satisfaction that has developed a cult-like following among CEOs. It also may be misleading.
- Bloomberg•2 hours ago
Options Market Suggests China Has Edge in Trade War
Trump’s action and China’s response – imposing duties on about $60 billion of U.S. exports to take the total of affected products to $110 billion – led to a 2.41 percent slide in the S&P 500 on May 13, the biggest drop in the index since Jan. 3. In combination with a drop in the yield on 10-year Treasuries to about their lowest since 2017, the clear conclusion is that investors are nervous about the impact that the latest tit-for-tat salvos in the long-running trade dispute will have on U.S. economic growth. Options prices, which provide important insights into shifting near-term market risks, suggest that Trump may have picked a fight he has a diminishing chance of winning.
- Reuters•3 hours ago
GLOBAL MARKETS-European shares hobbled as worries about Huawei fallout mount
European stocks slipped on Monday as concerns about an escalating fallout from a U.S. crackdown on China's Huawei Technologies offset a slightly more positive tone on trade. U.S. President Donald Trump's government added Huawei to a trade blacklist last week, imposing restrictions that will make it difficult to do business with U.S. companies. In Europe, chipmakers Infineon Technologies, AMS and STMicroelectronics dropped sharply after Nikkei Asian Review reported that German chipmaker Infineon had halted shipments to Huawei.
- FX Empire•6 hours ago
Shanghai Index Down, Dow Futures Up Amid Confusion Over Report of Trade Talks Stalemate
China is down, but U.S. futures are up early Monday. This is causing a little confusion for traders after sources told CNBC on Friday that scheduling discussions for further trade talks have been put on hold since U.S. President Donald Trump’s administration has increased scrutiny of Chinese telecom companies.
- MarketWatch•16 hours ago
Crowd psychology says this ‘fool’s rally’ in stocks could fool bears
From its May 1 high, the S&P 500 Index fell 153 points in two weeks, the biggest pullback since December. Since Monday, however, the S&P 500 (SPX) has bounced as much as 91 points. The obvious question is this: Will the “fool’s rally” relapse, or will it fool stock-market bears and continue higher?
- Reuters•20 hours ago
Tariffs could lead to markdowns in retail shares
U.S. retailer stocks have moved from buoyant to bruised this year and the intensification of the U.S.-China trade war makes them especially vulnerable because consumer products would be targeted in the next round of threatened tariff increases. Although it reported better-than-expected earnings, Macy's shares slipped this week after it said the latest tariffs on Chinese imports by Washington are hitting its furniture business and warned that additional tariffs would affect clothing and other areas. Late last week, after Washington imposed a tariff rate increase to 25% on $200 billion worth of Chinese imports, U.S. President Donald Trump ordered his trade chief to begin the process of imposing tariffs on all remaining imports from China, which would subject about $300 billion worth of Chinese imports to tariffs.
- Barrons.com•23 hours ago
A Top U.S. Pension Loads Up on Alibaba, Cronos, and Zillow Stock, Sells PG&E
The Wisconsin Retirement System, one of only two fully funded state pensions, also slashed its holdings in PG&E, the struggling California utility, last quarter.
- FX Empire•yesterday
US vs. Global Sector Rotation – What Next?
Our research team, at www.TheTechnicalTraders.com, have been pouring over the charts and data to identify what is likely to happen over the next 60+ days in terms of global stock market volatility vs. the US stock market expectations.
- FX Empire•yesterday
Trade Talk Stalemate Could Turn Short-Term Sellers into Longer-Term Bears
If the U.S.-China trade talks have indeed stalled as reported late Friday then investors are going to start pricing in a longer stalemate and this will likely mean more long liquidation and fresh short-selling.
- CNBC•2 days ago
Market will return to all-time highs with help from a group hit by the trade war, Wall Street bull Ed Yardeni predicts
Yardeni Research's Edward Yardeni recommends investing in U.S. companies with exposure to China.
- MarketWatch•2 days ago
Bitcoin’s tumble ‘has caused a lot of technical damage’, says analyst
A surge in bitcoin prices that took it well above $8,000 appears to be coming to a halt, as the world’s No.1 crypto asset has faced sudden and sharp selling pressure within the past 24 hours.
- MarketWatch•2 days ago
The stock market punished earnings misses more than it rewarded earnings beats
First-quarter earnings season is virtually in the books. A look back shows stock-market investors were in a mood to punish shares of companies that disappointed on results more than they rewarded companies that exceeded expectations.
- MarketWatch•2 days ago
There’s no recession in sight, but the U.S. economy appears stuck in second gear
The U.S. economy is in no danger of imminent recession, but it appears to be facing tighter caps on just how fast it can grow. Here’s why.
- Yahoo Finance Video•23 hours ago
WSJ's CEO Pay Ranking: An analysis of 2018 compensation for S&P 500 leaders
The Wall Street Journal's annual report of highest-paid CEOs, and the lowest, with comparisons of shareholder returns and other factors, is out. Who made the cut? WSJ's Theo Francis joins The Final Round to discuss.
