|Day's Range||2,639.80 - 2,683.55|
|52 Week Range||2,352.72 - 2,872.87|
Yahoo Finance's LIVE stock market coverage and analysis.
U.S. equity markets were under pressure again today, building on the negative sentiment that emerged last week, wherein stocks moved decidedly in two directions. At the outset of the week, equity markets stepped smartly higher, and in the process, helped temporarily allay fears that a sharp move lower and retest of 2581 was in the cards after the previous week’s elevated volatility and dramatic pullback.
The 10-year Treasury yield hit 3% for the first time in over four years, reflecting expectations for four Fed rate hikes in 2018. Stocks sold off again.
Technically speaking, the S&P 500 has recently staged a false breakout, reversing course to its former range, writes Michael Ashbaugh.
Investing.com - Wall Street was higher on Tuesday, despite rising bond yields, as investors look to corporate earnings releases.The S&P 500 was up over 10 points or 0.41% to 2,681.22 as of 9:45 AM ET (13:45 GMT) while the Dow composite increased 96 points or 0.40% to 24,545.59 and tech heavy NASDAQ Composite rose 32 points or 0.46% to 7,161.55.Investors have shrugged off worry over rising bond yields, with the 10-Year note reaching its highest level in four years, as inflation has added to expectations of continued rate hikes from the Federal Reserve. ...
The Russell 2000 index of small capitalization shares rose modestly on Tuesday, bucking the sharply negative tone of the overall market, which has been the case throughout this month. The index rose 0.1%, easily the top performer of the day. The Dow Jones Industrial Average sank 1.1% while the S&P 500 was off 0.8% and the Nasdaq Composite Index lost 1.3%.
A sharp drop in so-called 'FAANG' group of technology stocks pushed the Nasdaq Composite lower on Tuesday, with rising 10-year yields and contrasting earnings reports from industrials also adding to the pressure. Facebook declined 2.8 percent, Amazon dropped 2.6 percent and Netflix declined 3.5 percent.
U.S. equity markets extended declines, hitting session lows in afternoon trade on Tuesday, with the Dow on track to a fifth straight session of losses. If Dow closes in negative territory it would be the ...
Shares of Freeport-McMoRan Inc. tumbled on Tuesday and were on track for their biggest one-day drop in more than two years after the company reported first-quarter results that came in below forecasts. ...
The 10-year yield topped 3% for the first time since January 2014, causing selling in the stock market but not in the bank stocks.
Ford Motor Co. is slated to report first-quarter earnings on Wednesday, with markets hoping the auto maker will show more progress toward much-touted cost-cutting measures.