^GSPC - S&P 500
| Previous Close | 2,773.75 |
| Open | 2,752.01 |
| Volume | 2,214,221,500 |
| Day's Range | 2,743.19 - 2,765.05 |
| 52 Week Range | 2,405.70 - 2,872.87 |
| Avg. Volume | 3,461,354,843 |
- Yahoo Finance•15 hours ago
Blankfein: The immigration debate isn't as simple as right versus wrong
“It’s never right against wrong, good against evil. The issues are always right against right," Goldman Sachs CEO Lloyd Blankfein said.
- CNBC Videos•9 hours ago
US-China trade 'negotiation' is an opportunity to buy: In...
Richard Nackenson of Neuberger Berman's U.S. Multi-Cap Opportunities Fund says the U.S. and China will likely reach a deal on trade and a market "melt-up" could be possible once the issue is resolved.
- CNBC Videos•10 hours ago
CNBC Markets Now: June 19, 2018
CNBC Markets Now provides a look at the day's market moves with commentary and analysis from Michael Santoli, CNBC Senior Markets Commentator.
- Bloomberg•1 hour ago
European Stocks Rebound as Investors Await Next Trade War Steps
European equities rose at the open, reversing some of their recent sharp losses, as markets awaited the next development in the trade dispute between the U.S. and China, whose central bank called for investors to remain calm. The Stoxx Europe 600 Index gained 0.6 percent, after falling 0.7 percent on Tuesday following the U.S. administration’s threat to impose additional tariffs on Chinese goods. China’s central bank Governor, Yi Gang, pledged late Tuesday to use monetary policy “comprehensively” and said policy makers are prepared for outside shocks.
- TheStreet.com•1 hour ago
Global Stocks Rebound But US-China Trade War Concerns Keep Investors on Edge
U.S-China trade tensions keep investors on edge, however, and safe-have flows active. GE weakens on demotion from the Dow. Global stocks recovered Wednesday, with Asia shares boosted by the prospect of central bank support from China, even as investors remain cautious amid the deepening trade dispute between Washington and Beijing.
Reuters•1 hour agoAsian stocks bounce as China turns up on hopes of policy support
By Andrew Galbraith SHANGHAI (Reuters) - Asian stock markets bounced on Wednesday following a wobbly morning session that highlighted the lingering anxiety and uncertainty surrounding a heated trade dispute ...
- Reuters•1 hour ago
GLOBAL MARKETS-Asian stocks bounce as China turns up on hopes of policy support
Asian stock markets bounced on Wednesday following a wobbly morning session that highlighted the lingering anxiety and uncertainty surrounding a heated trade dispute between China and the United States. Markets in Europe and the U.S. looked set to follow Asia higher. In Asia, bargain hunters turned out to pick up shares on the cheap after the previous day's rout.
Associated Press•2 hours agoAsian stocks take a breather from trade tensions; markets up
Asian markets were mostly higher on Wednesday as traders sidelined tariffs that the U.S. and China have threatened to impose on one another, focusing on positive housing data instead. KEEPING SCORE: Japan's ...
Reuters•2 hours agoAsian stocks pick up steam as hopes of policy support lift China
Asian stock markets picked up steam in afternoon trade on Wednesday after a wobbly morning session, highlighting the lingering anxiety and uncertainty surrounding a heated trade dispute between China and ...
Reuters•3 hours agoDow-ned but not out: Expulsion no body blow for GE shareholders
While the Dow index of 30 top-shelf U.S. corporations is arguably more well known, professional investors bet much more money on what happens to the S&P 500, an index in which the one-time leading U.S. company has only a tiny influence. GE's drop from the Dow will thus likely not pose a risk of wide selling pressure by indexed investment funds. "There's only a small group of investors who actually target their investing to the Dow Jones Industrial Average," said Rick Meckler, a partner at Cherry Lane Investments, a family investment office in New Vernon, New Jersey.
- Investing.com•4 hours ago
Asian Equities Mixed as Trade Concerns Linger
Investing.com – Asian equities were mixed in morning trade on Wednesday as concerns over a looming trade war between U.S. and China continued to linger.
Reuters•4 hours agoAnalysis: Dow-ned but not out - Expulsion no body blow for GE shareholders
While the Dow index of 30 top-shelf U.S. corporations is arguably more well known, professional investors bet much more money on what happens to the S&P 500, an index in which the one-time leading U.S. company has only a tiny influence. GE's drop from the Dow will thus likely not pose a risk of wide selling pressure by indexed investment funds. "There's only a small group of investors who actually target their investing to the Dow Jones Industrial Average," said Rick Meckler, a partner at Cherry Lane Investments, a family investment office in New Vernon, New Jersey.
- MarketWatch•5 hours ago
Hedge-fund boss who predicted ‘87 crash says next recession will be ‘really frightening’
Paul Tudor Jones, a hedge-fund luminary, on Monday said the next economic downturn confronted by the U.S. could be an ugly one. “We’ll have monetary policy, which will exhaust really quickly, but we don’t have any fiscal stabilizers,” Jones said. Jones’s comments come after he told CNBC last week that stock market and bond yields are set for a ‘crazy’ rise.
- Financial Times•6 hours ago
[$$] Authers’ Note: outaGE
After a day dominated by an escalating war of words over tariffs, General Electric was unlucky enough to change the subject. "General Electric was an original member of the DJIA in 1896 and a member continuously since 1907. Since then the US economy has changed: consumer, finance, healthcare and technology companies are more prominent today and the relative importance of industrial companies is less.
Bloomberg•8 hours agoOil Trades Below $66 as Trade War Risk Looms Before OPEC Meeting
Oil traded below $66 a barrel as escalating trade tensions between the world’s two largest economies added jitters to a market that’s already nervous about the upcoming OPEC meeting on output policy. Prices fell 1.2 percent on Tuesday as China vowed to retaliate against President Donald Trump’s threat to slap tariffs on another $200 billion in Chinese imports, raising fears the growing spat could slow down economic growth and cut oil demand. Meanwhile, Iran put itself on a collision course with Saudi Arabia at this week’s OPEC meeting, rejecting a potential compromise that would see a small production increase.
- The Wall Street Journal•8 hours ago
[$$] For Stocks, It’s the Economy Vs. a World of Hurt
Tuesday was no exception, with stocks down sharply on renewed worries about President Donald Trump’s trade feud with China. The stock market has some things going for it right now, of course. Economic growth appears to have picked up too, with the effects of a strong job market and the personal income-tax cuts many Americans received combining to drive consumer spending.
- The Wall Street Journal•9 hours ago
[$$] Fresh Push On Tariffs To Offer Test For Investors
The Trump administration?s threat of fresh tariffs on Chinese goods is testing whether stock investors will continue to shrug off the risk of a more restrictive trade policy. The S&P 500 fell as much as 1.1% Tuesday after President Donald Trump asked his advisers to identify a list of $200 billion in Chinese exports that would face new penalties. The move followed the U.S.?s application of tariffs on $50 billion in imports from China last week, after which the Chinese government issued its own retaliatory tariffs.
- Associated Press•9 hours ago
FedEx profit rises on increase in volume, shipping rates
Higher rates, tax benefits and steady business fueled by economic growth helped FedEx Corp. boost its fourth-quarter profit 10 percent to $1.13 billion.
- CNBC•9 hours ago
Asian shares rise as markets rebound from recent declines, but trade fears linger
Greater China markets recovered slightly after slumping in the last session. Markets worldwide fell on Tuesday after U.S. President Donald Trump threatened new tariffs against China. Asian stocks closed higher on Wednesday, with regional markets paring some of the sharp losses made in the previous session caused by elevated fears of a trade war between the U.S. and China .
- TheStreet.com•9 hours ago
50 Stocks That Could Be Shredded If a U.S. Trade War With China Ignites
companies with the greatest revenue exposure to China, according to research (see below) from UBS. UBS believes the mere prospect of a trade war with China could weigh on shares of many S&P 500 companies with out-sized exposure to China. "With the IP investigation, we see rising risks of trade actions against China and given inherent difficulties of a tariff on IP, tariffs could be placed on select China imports, which total $500 billion," says UBS strategist Keith Parker.
- MarketWatch•10 hours ago
GE’s 111-year run in the Dow comes to an end
General Electric, a member of the blue-chip index when it started and since 1907 continuously, booted in favor of WalgreensGeneral Electric has been a Dow component since 1907. General Electric Co. is losing an important title it has held for more than a century: Dow Jones Industrial Average component. GE (GE) , which was part of the Dow Jones index (^DJI) when it was started in 1896 and had been a part of the blue-chip portfolio continuously since 1907, is being replaced by Walgreens Boots Alliance Inc. (WBA) , S&P Dow Jones Indices announced Tuesday afternoon.
- MarketWatch•10 hours ago
AT&T in talks to buy ad tech company AppNexus, report says
AT&T Inc. is in talks to buy digital ad firm AppNexus, which would likely signal the company's plans to challenge advertising titans Alphabet Inc. and Facebook Inc. , Cheddar reported late Tuesday. AppNexus is privately held and has raised an estimated $344 million, according to FactSet. AppNexus operates a large advertising exchange, which handles programmatic online ads.
- Barrons.com•10 hours ago
After The Bell: Dow Drops 287 Points Amid More Tariff Trauma
The Dow lost nearly 300 points today, its second day of triple-digit losses. Tuesday marked the sixth straight day of losses for the Dow, marking the index's longest losing streak since March 2017. The Dow Jones Industrial Average dropped 287.26 points, or 1.2%, to 24700.21, while the S&P 500 Index slipped 11.18 points, or 0.4%, to 2762.57, and the Nasdaq lost 21.44 points, or 0.3%, to 7725.59. Well, sort of, according to SunTrust Robinson Humphrey's Keith Lerner: "At this point, the tariffs are not yet a game changer, but risks are increasing." Lerner writes that 10% on $200 billion of goods sounds like a lot, but it amounts to $20 billion, which is actually a fairly small amount given the U.S. economy weighs in a $20 trillion.
