|Day's Range||2,908.53 - 2,936.31|
|52 Week Range||2,346.58 - 2,940.91|
A new report from Dutch bank ING predicts tough times for the U.S. economy after the 2020 election but just how tough depends on who wins.
Stocks surged as stronger-than-expected earnings results from companies across sectors boosted investor confidence, sending the S&P 500 and Nasdaq to new all-time closing highs. Yahoo Finance's Jen Rogers, Myles Udland and Ines Ferre discuss.
Following mixed earnings results from the big banks, investors face a conundrum: embrace the promise of beating estimates at the risk of slower growth?
There is a lot to ponder about the automotive industry as investors balance slowing car sales against promising new technology. Investors will look to Ford for guidance when the automotive giant reports first-quarter numbers on Thursday.
Corporate profits have not been as weak as the stock market feared, helping push stocks to new highs.
World shares took a step back on Wednesday as signals that China has put broader stimulus on hold offset positive results from Credit Suisse, which kicked off the earnings season for European investment banks. European shares followed Asia lower, pulling back from eight-month highs, with the pan-regional STOXX 600 index slipping 0.4 percent. "The big picture is the tussle between Asia, which has pulled back, and America, where the markets made new highs, so Europe is probably going to be a bit torn between the two," said Andrew Milligan, head of global strategy at Aberdeen Standard Investments.
Strong financial market performance and improving economic data may make a rebound in interest rates more likely.
European stocks followed Asian shares lower, while U.S. equity benchmarks pointed to a softer open in the wake of Tuesday’s record close. Losses for raw-material producers threatened to end the longest run of gains since October 2017 for the Stoxx Europe 600 Index, with banks drifting lower despite positive earnings from Credit Suisse. The buoyancy that took U.S. stocks to record highs appears to have triggered some soul-searching among investors, with positive earnings surprises in Europe failing to erase lingering concerns about the region’s economic outlook.
BANGKOK (AP) — Shares were mixed in Europe and Asia on Wednesday after the S&P 500's all-time record high close a day earlier failed to spark buying enthusiasm overseas.
The S&P 500 Index closed 0.9 percent higher, hitting a record high Tuesday, as the tech optimism continued with Twitter Inc. reporting strong results. Then came the wider-than-expected first-quarter operating loss from LG Display, which also expressed concerns over tech demand during its earnings conference call Wednesday, said Seo Sang-young, a strategist at Kiwoom Securities. LG Display hasn’t yet seen signs of LCD panel price recovery, MoneyToday reported, citing the firm.
US stocks reached a record high on Tuesday as investors, reassured by recent dovish signals from central banks, extended a months-long recovery in spite of continued uncertainty over the outlook for the global economy. The benchmark S&P 500 ended the day 0.9 per cent higher at 2,933.7 thanks to the best daily gain for healthcare stocks since mid-January and a rally in consumer discretionary and technology shares. The tech-focused Nasdaq Composite jumped 1.3 per cent to close at 8,120.8, taking it past its previous peak close of 8,109.7 on August 29.
Investors are tracking corporate earnings, which have been better-than-expected. As a result, the S&P 500 and the Nasdaq Composite closed Tuesday on record highs. This is leading bond traders to weigh up whether the Federal Reserve could perhaps return to a more hawkish stance.
Global stocks dip, following last night's record closes on Wall Street, as investors regroup for another wave of earnings on Wall Street. Global oil prices ease after the IEA says markets have "comfortable" spare capacity to fill any supply gap from Iran sanctions, with Energy Department data on U.S. stockpiles reporting later today. U.S. equity futures suggest modest declines on Wall Street ahead of earnings from Dow components Boeing, AT&T, Caterpillar and Visa, with Microsoft, Facebook and Tesla following after the close of trading later today.
The new peak came after a run of well-received earnings and more dovish signals on monetary policy from the Federal Reserve. Dialog Semiconductor’s shares fell almost 3 per cent in Frankfurt, but the wider European tech sector held its nerve, with the Stoxx index tracking the sector up 2 per cent, against a slip of 0.2 per cent for the wider Stoxx 600.
At around 02:45 a.m. ET, Dow futures slipped 17 points, indicating a negative open of more than 28 points. Futures on the S&P and Nasdaq were both seen marginally lower. Tuesday's move toward an all-time closing high comes less than six months after a sharp decline in late December, which led the S&P 500 to its worst annual performance since 2008.
The S&P 500 just hit an all-time high, recovering from last year's dramatic plunge. The economy seems to be on fairly solid footing, still it's anyone's guess what happens next for the stock market.
Randy Frederick of Charles Schwab says he's surprised by how good corporate earnings in the U.S. have been. He also says the gain may have helped lift the S&P 500 to an all-time record.
Timothy Lesko of Granite Investment Advisors says the interest rate environment in the U.S. is "very, very pleasant," and the market could rally further. He also says America is in a "pretty solid Goldilocks" economy.