|Day's Range||2,665.67 - 2,693.94|
|52 Week Range||2,344.51 - 2,872.87|
Apr.20 -- In today's "Charting Futures," David Winer, portfolio manager at Silver Pine Capital, and Bloomberg's Abigail Doolittle discuss the outlook for markets through charts. They spoke March 19 on "Bloomberg Markets." (Corrects name of guest's company)
Apple fell 3.8 percent and was the biggest drag on the major indexes after Morgan Stanley estimated weak demand for its latest iPhones, adding to fears raised by Taiwan Semiconductor of softer smartphone sales. Microsoft, Intel and Cisco were the other big decliners, leading to a 1.6 percent drop on the S&P technology index, its third straight day of decline. "There's the Apple news and there maybe some nervousness coming into the upcoming earnings reports," said Daniel Morgan, senior portfolio manager at Synovus Trust Co in Atlanta.
Now that President Trump has turned down the heat on a China trade war, investor concern about rising inflation and a hawkish Federal Reserve may be taking center stage.
U.S. stocks fell on Friday, as Apple led a decline in technology stocks on concerns about weak iPhone demand and investors worried about the impact of a rise in U.S. bond yields. Apple fell 3.8 percent ...
In the chase for more return with less risk, one market watcher went yield hunting on the S&P 500. Gina Sanchez, CEO of Chantico Global, found one worth a buy and another to avoid.
U.S. stocks veered broadly lower in afternoon trading Friday, extending the market's modest losses from a day earlier. Technology stocks accounted for a big slice of the slide. Consumer goods companies also posted hefty losses. Energy companies slumped along with the price of crude oil. Banks eked out small gains, rising along with bond yields.
Stocks rallied early in the week on rising oil prices and Netflix earnings. But they slashed gains on chip-sector warnings while Apple tumbled on iPhone demand fears.
U.S. stocks edge lower on Friday, as the latest batch of corporate earnings were unable to fully offset comments from President Donald Trump about crude-oil prices that sent the commodity lower and pressured ...
Investing.com – Wall Street fell on Friday as investors digested earnings results and rising bond yields weighed eased traders appetite for risk.The S&P 500 was down over five and a half points or 0.21% to 2,687.49 as of 9:44 AM ET (13:43 GMT) while the Dow composite decreased 55 and a half points or 0.23% to 24,609.19 and tech heavy NASDAQ Composite fell nearly 37 points or 0.52% to 7,00.27.U.S. bond yields crept back up on Friday, with the United States 2-Year note climbing to its highest level since September 2008, at 2.449. ...
The potential for an intensifying trade dispute to undercut the U.S. stock market could become clearer next week when a host of multinational companies reports quarterly results that may provide a glimpse into the impact of those global tensions. A broad trade war scaled up a list of worries for Corporate America and equity investors after U.S. President Donald Trump imposed tariffs last month on imports of steel and aluminum. China has responded with tariffs of its own, leading to fears about a full-blown trade war and injecting fresh volatility into a stock market that has been more jittery over the past two months.
U.S. stocks fell on Friday, with the S&P 500 returning to negative territory for the year as losses accelerated in midday trading. The Nasdaq Composite Index fell 1.1% on Friday, but remains up 3.7% for the year.
World stocks dipped on Friday amid weakness in the energy sector and as worries about a global slowdown in smartphone demand dented the technology sector, while oil prices fell after U.S. President Donald ...
World stocks dipped on Friday amid weakness in the energy sector and as worries about a global slowdown in smartphone demand dented the technology sector, while oil prices fell after U.S. President Donald Trump said prices were artificially high. While the MSCI index of global stock markets was down 0.91 percent on the day, it was still poised for its second week in the black after a strong start to the corporate earnings season. A robust earnings season could offset fears of slowing global growth and help stock markets recover from a turbulent first quarter which saw greater volatility, a trade spat between the United States and China, and increased geopolitical tensions in the Middle East over Syria.
Trying to time the market is one thing. But using your 401(k) to dip in and out of stocks as a means of boosting your retirement stash? Step away from the computer.
Want to know why the Dow Jones Industrial Average and other major indexes are doing what they're doing? The Dow Jones Industrial Average has slumped 197.94 points, or 0.8%, to 24,466.95, while the S&P 500 has slipped 0.8% to 2671.35, and the Nasdaq Composite dropped 1.1%, to 7155.53. Today's weakness began with Apple (APPL), has dropped 3.3% to $167.14 on bearish analyst reports and rumors that China might ban its products.
There are significant reasons to believe the weight today is fully justified, or even understated when considering the economic impact of technology.
BlackRock’s (BLK) Larry Fink also shared his views on the bull market in his recent interview with CNBC. He believes in staying invested in the equity market.
U.S. stocks fell to session lows in late-morning trading on Friday, with the Nasdaq dropping 1% amid a steep decline in Apple stock. The Dow Jones Industrial Average fell 0.8% while the S&P 500 lost 0.7% ...
Retirement savers who find themselves worried about the current ups and downs in the stock market should revisit their tolerance for risk.
Shares of Mattel Inc. sank 6.4% toward a nine-year low in morning trade Friday, to pace the S&P 500's decliners, after the company announced the surprise departure of its chief executive officer. The stock's ...
The positive earnings flow continued Friday as General Electric Company (NYSE: GE) became the latest major company to beat Wall Street analysts’ earnings-per-share projections, though it missed on revenue. Shares of the struggling industrial conglomerate rose more than 3 percent in pre-market trading, while the overall market appeared to have a mixed tone going into the final day of this action-packed week. The power market continues to be challenging for GE, with revenue there taking another big hit in Q1.
The positive earnings flow continued Friday as General Electric became the latest major company to beat Wall Street analysts’ earnings-per-share projections, though it missed on revenue. Shares of the struggling industrial conglomerate rose more than 3% in pre-market trading, while the overall market appeared to have a mixed tone going into the final day of this action-packed week. The power market continues to be challenging for General Electric, with revenue there taking another big hit in Q1.