|Day's Range||2,833.73 - 2,846.72|
|52 Week Range||2,417.35 - 2,872.87|
Inflation pressures are increasing in the U.S. economy and they are starting to dent consumer confidence.
The president tweeted earlier that he has asked the SEC to look into eliminating quarterly earnings reporting. Yahoo Finance’s Alexis Christoforous and Alan Valdes of Silverbear Capital break down the details.
Investing.com - Stocks started the day lower on Wall Street Friday, as global market selling on a further tumble in the Turkish lira hit the broader market and weakness in semiconductor earnings hit technology shares.
Barring a breathtaking plunge, the bull market in U.S. stocks on Aug. 22 will become the longest in history, and optimistic investors argue it has miles to go before it rests.
Chipmaker Nvidia dropped 4.5 percent, while chip equipment maker Applied Materials slid 5.7 percent after the two companies' current-quarter sales forecasts missed Wall Street estimates. Netflix fell for the sixth straight day. The group, along with other tech stocks, has been powering the market's rally, but have come under pressure after disappointing results from Netflix, Facebook and most recently from China's Tencent Holdings.
The U.S. dollar is set to weaken by 7% over the next 12 months, and investors should factor this into their equity positionings, according to research by Goldman Sachs.
U.S. stocks are slightly higher at midday Friday as a dip in bond yields sends high-dividend companies upward and strong sales from Deere help industrial companies. Chipmakers are sliding, leading losses ...
MARKET PULSE The Dow Jones Industrial Average saw its tentative climb firm somewhat midday Friday, with shares of Apple Inc. buoying the broader market. The Dow (DJIA) was about 80 points, or 0.3%, at 25,643, the S&P 500 index (SPX) climbed 0.
The Nasdaq fell on Friday as weak forecasts from chipmakers Nvidia and Applied Materials pushed technology stocks lower, while gains in the defensive telecoms and consumer staples companies helped buttress ...
The Dow ended Thursday, Aug. 16, up 396 points, or 1.58%, to 25,558. fell 4.5% on Friday after the chipmaker beat earnings and sales estimates for its fiscal second quarter but issued weaker-than-expected third-quarter guidance because of declining demand for cryptocurrencies.
U.S. stock-index benchmarks struggle to extend the prior session’s powerful rally as a decline in technology and consumer-discretionary shares weighed.
Funds including AMG Managers Cadence Emerging Companies hold shares of companies getting a domestic boost.
On August 9–16, the major energy ETFs had the following correlations with US crude oil September futures: the Energy Select Sector SPDR ETF (XLE): 96.3% the VanEck Vectors Oil Services ETF (OIH): 95.2% the SPDR S&P Oil & Gas Exploration & Production ETF (XOP): 91.9% the Alerian MLP ETF (AMLP): 63.6%
Another steep decline in the Turkish lira on Friday pushed emerging market equities lower and kept other world markets cautious, overshadowing hopes that an upcoming U.S.-China meeting would relieve concerns over trade tariffs. A Chinese delegation led by Vice Minister of Commerce Wang Shouwen will meet U.S. representatives, China's Ministry of Commerce said in a statement, with the Wall Street Journal reporting that talks will take place in Washington on Aug. 21 and 22.
Investment strategies are a lot like diets: They work only if you stick with them. Joel Greenblatt wants to change all that. The Columbia University professor and founder of Gotham Asset Management is the author of The Little Book That Beats the Market, a best seller that offers metrics and strategies for beginner and established value investors.
The benchmark S&P 500 Index seems to be stuck under a certain level. I recently wrote: “This S&P 500 chart shows the market is at a critical juncture.” Since then, I have received emails and phone calls from investors amazed at how the market ran up to the line shown on the chart in that story, fell and then rose right up to the line again.
Tesla Inc. shares (tsla) sank 8% on Friday, as investors digested the news of a widening Securities and Exchange Commission probe of Chief Executive Elon Musk's handling of a tweet disclosing his wish to take the company private. Musk told the New York Times that he had no regrets about saying "funding secured" in a tweet that said he was considering a going-private deal at $420 a share. In a wide-ranging interview with the paper published late Thursday, Musk said he has had a very difficult year spent in a constant state of exhaustion leading up to the tweet, which is understood to have angered some members of the board.
MARKET PULSE DSW Inc. (dsw) shares sank 7.4% in Friday trading after it was downgraded to negative from neutral at Susquehanna Financial Group due to higher costs and margin pressure. Susquehanna cut its price target to $22 from $26.
In the second quarter, Walmart (WMT) topped analysts’ expectations for both sales and earnings. It reported robust numbers across all business verticals.