|Day's Range||2,585.89 - 2,657.67|
|52 Week Range||2,322.25 - 2,872.87|
Market recap for Friday March 23rd
Congress passed a $1.3T dollar spending bill, in an attempt to avoid another government shutdown. However, it may not be good enough for President Trump. Yahoo Finance’s Alexis Christoforous and Rick Newman examine the story.
Robert Sluymer, Fundstrat Global Advisors, discusses his bull case for the market despite the Dow selling off 400 points into the close.
The S&P 500 index flirted with a close below an important, long-term trend line as selling intensified late-Friday on the back of trade-war fears. The S&P 500 index ended down 55.43 points, or 2.1%, at ...
The Dow Jones Industrial Average and the broad-market S&P 500 face an unusually unsightly March, amid a rise in volatility and heightened concerns about trade wars. Here’s how bad it is?
Wall Street tumbled on Friday with more than 1,000 points knocked off the Dow in two days as investors, increasingly nervous about a potential U.S. trade war with China, shied away from risk ahead of the weekend and sought shelter from further losses. "There is concern what the trade war could look like. The Dow Jones Industrial Average fell 424.69 points, or 1.77 percent, to 23,533.2, the S&P 500 lost 55.43 points, or 2.10 percent, to 2,588.26 after hitting an intraday low that was barely above its 200-day moving average of 2585.22.
The threat of a trade war sent world stock markets broadly lower in choppy trading on Friday and boosted safer assets like the yen and government bonds, a day after U.S. President Donald Trump announced tariffs on up to $60 billion of Chinese goods. Trump signed a presidential memorandum on Thursday that could impose tariffs on up to $60 billion of imports from China, although the measures have a 30-day consultation period before they take effect. After another bruising week, a key gauge of world equity markets was broadly headed for its first quarterly loss since early 2016 as a spike in volatility, rising inflation and the spectre of a trade war spooked investors who had enjoyed a multi-year bull run.
Stocks around the world plunged Friday as investors feared that a trade conflict between the U.S. and China, the biggest economies in the world, would escalate. A second day of big losses pushed U.S. stocks to their worst week in two years.