|Day's Range||2,749.03 - 2,775.99|
|52 Week Range||2,532.69 - 2,940.91|
President Trump threatening to impose another round of tariffs against China. Yahoo Finance's Seana Smith, Zack Guzman, and Andy Serwer discuss with CFRA investment strategist Lindsey Bell.
American business executives pull out of a Saudi investor conference over concerns the royal family was involved in the disappearance of journalist Jamal Khashoggi. Yahoo Finance's Seana Smith, Zack Guzman, Andy Serwer, and Emily McCormick discuss with CFRA investment strategist Lindsey Bell.
Stocks (^DJI, ^GSPC, ^IXIC) drop as Apple slips, Saudi issues flare up. The real estate (XLRE) sector is the most in the green, and the technology (XLK) sector is the most in the red. Yahoo Finance’s Scott Gamm joins us live from the floor of the New York Stock Exchange to talk markets. To discuss the other big stories of the day, Yahoo Finance’s Seana Smith and Zack Guzman are joined by Yahoo Finance editor-in-chief Andy Serwer, Myles Udland, Brian Sozzi, and Emily McCormick. ...
The New York-based company said it had profit of $1.32 per share. Earnings, adjusted for non-recurring gains, were $1.24 per share. The results beat Wall Street expectations. The average estimate of four ...
UnitedHealth reported better-than-expected profits and revenue for the third quarter and the company raised its outlook yet again on strong trends in the insurance business. Earnings for the largest U.S. health insurer jumped almost 30 percent to $3.19 billion, or $3.24. Earnings, adjusted for one-time gains and costs, came to $3.41 per share, which is 11 cents better than Wall Street was projecting, according to a survey by Zacks Investment Research.
Fund managers surveyed by Bank of America Merrill Lynch this month are hoarding cash as they become the most bearish on global activity in a decade, fretting an end to the long expansion. A record 85 percent of fund managers say the global economy is in late cycle, 11 percentage points ahead of the prior high recorded in December 2007. “Investors are bearish on global growth,” wrote Michael Hartnett, chief investment strategist.
China stocks fall into bear market territory ahead of Friday's Q3 GDP release amid persist concern that its U.S. trade war will harm second half growth. U.S. stocks called higher, with the Dow slated for a 80 point bump, ahead of earnings from Morgan Stanley, Goldman Sachs, Johnson & Johnson and IBM.
U.S. stock futures on Tuesday are tracking higher and teasing modest gains for the main benchmarks a day after stocks finished lower, led by a decline in technology and internet-related companies.
The Stoxx Europe 600 Index advanced for a second day, led by shares in Italy which rallied with the country’s bonds after the government reached an agreement on a budget accord. Futures in the U.S. pointed to a firmer open as Netflix Inc. becomes the first large technology company to report results after today’s close. Oil fluctuated and Saudi Arabian stocks erased a decline amid tensions between the kingdom and the U.S. over the disappearance of a prominent journalist.
Futures were slightly higher this morning after the Dow and S&P 500 failed to hold gains and finished the day lower. The S&P 500 has fallen in seven of the past eight sessions, while the Dow is lower in six of the past eight trading days. Dow components — UnitedHealth Group (UNH), Johnson & Johnson (JNJ), and Goldman Sachs (GS) — are out with quarterly earnings this morning.
BlackRock's assets under management grow by 8 percent in the third quarter to $6.444 trillion. BlackRock BLK , the largest asset manager in the world, reported better-than-expected earnings for the third quarter on Tuesday as its assets under management grew by 8 percent on a year-over-year basis. The asset-management giant posted adjusted earnings per share of $7.52, while analysts polled by Refinitiv expected a profit of $6.84.
Stock in CSX, due to report its earnings late Tuesday, has returned more than 33% so far this year. Investors will be watching the railroad’s margins to see whether that can continue.
World markets were mostly higher Tuesday ahead of a U.S. Treasury report that will likely steer clear of labeling China as a currency manipulator, a status that could trigger penalties and cause trade ...