^GSPC - S&P 500
| Previous Close | 2,798.29 |
| Open | 2,796.93 |
| Volume | 1,757,998,396 |
| Day's Range | 2,791.69 - 2,804.53 |
| 52 Week Range | 2,417.35 - 2,872.87 |
| Avg. Volume | 3,417,190,476 |
- Reuters•21 minutes ago
U.S. credit market fires warning about recession
A reliable bond market indicator may be waving the flag that a U.S. recession is coming, market watchers said, and it is not the flattening yield curve. Risk premiums on investment-grade corporate bonds over comparable Treasuries have been rising since February, approaching levels that are catching the attention of some fund managers and analysts. "People are talking about the yield curve as a predicter of recessions.
Associated Press•55 minutes agoAsian shares drift lower as China data, trade cast shadows
Shares edged lower in Asia early Monday after China reported lackluster growth data in line with expectations. Geopolitical and trade tensions were weighing on sentiment despite gains last week on Wall ...
- MarketWatch•1 hour ago
Goldman Sachs to name David Solomon as CEO as early as next week: NYT
Goldman Sachs (gs) is planning to name President David Solomon to succeed Lloyd Blankfein as chief executive officer as early as this week, the New York Times reported late Sunday, citing unnamed sources. Goldman Sachs is scheduled to report second-quarter earnings on Tuesday.
Reuters•1 hour agoAsian shares fall on soft China data, trade war fears
Asian shares fell on Monday as new data showed China's economy slowed slightly in the second quarter, compounded by fears of a full-scale Sino-U.S. trade war looming over markets. Official data showed China's economy grew 6.7 percent in the second quarter of 2018, cooling from the 6.8 percent growth registered in each of the previous three quarters. While the GDP figures were in line with market expectations, the new data also showed slower-than-expected growth in China's industrial output, pointing to slowing momentum and prompting some analysts to call for stronger government measures to support growth.
- Reuters•1 hour ago
Asian shares fall on soft China data, trade war fears
Asian shares fell on Monday as new data showed China's economy slowed slightly in the second quarter, compounded by fears of a full-scale Sino-U.S. trade war looming over markets. Official data showed China's economy grew 6.7 percent in the second quarter of 2018, cooling from the 6.8 percent growth registered in each of the previous three quarters. While the GDP figures were in line with market expectations, the new data also showed slower-than-expected growth in China's industrial output, pointing to slowing momentum and prompting some analysts to call for stronger government measures to support growth.
- Reuters•2 hours ago
Morning News Call - India, July 16
To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_07162018.pdf If you would like to receive this newsletter via email, please register at: https://forms.thomsonreuters.com/india-morning/ FACTORS TO WATCH 10:00 am: Interim Finance Minister Piyush Goyal at an event in New Delhi. 12:00 pm: Government to release June wholesale price inflation data in New Delhi. LIVECHAT-MARKETS FOCUS Michael Howell, managing director at CrossBorder Capital, joins us to discuss the recent sell-off in EM currencies, which has set the cat among the pigeons, and how to navigate such troubled waters.
- The Wall Street Journal•3 hours ago
[$$] U.S. Stocks Resilient in Trade Spat, Sparking Complacency Fears
Trade fears have slammed markets around the world, but U.S. stocks are rising as strong profits and spending lead investors to overlook the risks of a downturn. The S&P 500 and Dow Jones Industrial Average have gone up all but one day since the U.S. and China imposed tariffs on $34 billion of each other’s goods on July 6. The S&P 500 is now up 4.8% for the year.
- MarketWatch•4 hours ago
Stock-market bull is still on its feet, snorting its way past 1 obstacle after another
Wall Street investors find themselves facing off with a bull of their own, one that is in its ninth year and, despite being beset by a cavalcade of concerns, appears on the verge of resuming the second-longest run since WWII.
- Bloomberg•5 hours ago
Markets Are Focusing on Strong U.S. Economy, Says Abbot Downing's Schleif
Carol Schleif, deputy chief investment officer at Abbot Downing, discusses the current state of markets, the trade war with China and the outlook for the S&P 500. She speaks on "Bloomberg Daybreak: ...
- CNBC•6 hours ago
Asian stocks slip, shrugging off firmer Wall Street lead as investors digest China data
Asian shares traded lower in Monday trade, shrugging off gains seen stateside. Gains in stocks last week came amid a perceived easing in trade rhetoric between the U.S. and China. China second-quarter GDP growth came in at 6.7 percent, meeting expectations.
Bloomberg•7 hours agoAsia Stocks Signal Mixed Start Ahead of China Data: Markets Wrap
Asian stocks will likely start the week in a mixed fashion as traders assess the sustainability of last week’s relief rally ahead of a slew of Chinese economic figures.
- CNBC•8 hours ago
Ron Paul warns that this is the 'biggest bubble in the history of mankind and it's going to burst'
Look to the stock market and you’d assume Wall Street was doing just fine. It’s all built on shaky foundations, said longtime market bear and former Republican Congressman Ron Paul . This market is in the “biggest bubble in the history of mankind,” and when it bursts, it could cut the stock market in half, he told CNBC’s “ Futures Now ” Thursday.
- Bloomberg•8 hours ago
China Stocks at Record Lows Make Case for $941 Billion Fund
China’s sovereign wealth fund has expressed a desire to invest in the domestic market as stock valuations have hit multiyear lows, underscoring how coming home may bring it new opportunities to boost returns. The $941 billion China Investment Corp. wants permission to invest in local shares and bonds, and has laid the groundwork for an application to the central government, people with knowledge of the matter said. While it remains unclear if top leaders will grant approval, the potential move by the Beijing-based investor would add an engine of growth to complement an overseas portfolio that posted record returns last year.
- FX Empire•9 hours ago
E-mini S&P 500 Index (ES) Futures Technical Analysis – Closed on Bullish Side of Major Retracement Zone at 2755.25 to 2713.75
Based on last week’s price action and close at 2803.25, the direction of the September E-mini S&P 500 Index is likely to be determined by trader reaction to a pair of Gann angles at 2793.00 and 2789.25. Basically, there is plenty of room to the upside with resistance staggered if buyers can sustain the rally over 2793.00 this week. Falling back under 2755.25 will be the first sign of a shift in momentum to down.
- Motley Fool•13 hours ago
3 Reasons to Be Hopeful of a Target Stock Turnaround
The bullish case for this out-of-favor retailing giant.
- FX Empire•17 hours ago
Weekly Market Outlook: 16-22 July 2018
Is Trade War Really A Good Thing For The US? The uncertainty surrounding the trade war between the U.S. and China has eased recently after the two world largest economies have signaled their intention to sit at the negotiation table. In addition, investors also started to realize that the effects of tariffs have substantially exaggerated.
- Investing.com•17 hours ago
Economic Calendar - Top 5 Things To Watch This Week
Investing.com - Geopolitics could hang over the market in the coming week, as investors look ahead to an unprecedented meeting between U.S. President Donald Trump and Russian President Vladimir Putin on Monday.
Motley Fool•17 hours ago3 Things to Watch in the Stock Market This Week
Netflix is one of several big-name stocks set to post earnings results over the next few trading days.
- TheStreet.com•19 hours ago
Master Limited Partnerships: A Badly Missed Investment Opportunity?
Since recent market commentary has been focused on sectors and regions that have rocketed in the last few years, investors have been left to believe that all stocks are overvalued. Certainly, there are specific firms across regions and industries that have strong growth potential with depressed prices just waiting for investors to find them. Yes, MLPs took a huge hit from mid-2014 through early 2016 as oil prices tanked to about $25 a barrel from over $100 over that period.
- FX Empire•2 days ago
S&P 500 Index Posts Best Close Since February, Dow Finishes Over 25,000
With just over 5 percent of S&P 500 companies reporting thus far, earnings growth is up 16.37 percent. U.S. import prices fell the most in more than two years in June. U.S. consumer sentiment hit a six-month low as tariff worries more than doubled, dampening optimism over the economy. The preliminary data showed that consumer sentiment fell to 97.1, its lowest level since January. The Federal Reserve said Friday it expects low unemployment and rising inflation will keep it on track to raise interest rates at a gradual pace over the next two years. Finally, Atlanta Fed President Raphael Bostic said Friday he favors one more interest-rate hike this year, given current economic conditions.
- FX Empire•2 days ago
S&P 500 Weekly Price Forecast – S&P 500 rallies again for the week
The S&P 500 rallied during the week, slamming into the 2800 level on Friday. It looks as if this is a market that will try to break out above there, and then perhaps reaching towards the upside. Short-term pullbacks could be buying opportunities based upon value.
- FX Empire•2 days ago
S&P 500 Price Forecast – S&P 500 continues to find resiliency
The S&P 500 initially tried to break out to the upside and above the 2800 level premarket hours, but then we pulled back towards the 50 EMA on the hourly chart. As I record this though, it looks like we are ready to continue going higher.
- Financial Times•2 days ago
[$$] ‘Exorbitant privilege’ lends a hand to Trump’s trade tussle
More than half a century has passed since the then French finance minister and future president Valéry Giscard d’Estaing complained that the US enjoyed an “exorbitant privilege”. Now that exorbitant privilege is morphing into what might be called a “highest level of special privilege”. Donald Trump has spent the week travelling through Europe and the UK like a political wrecking ball.
- The Wall Street Journal•2 days ago
U.S. Stocks Rise, Post Weekly Gains
U.S. stocks climbed Friday and posted weekly gains, as a solid start to the corporate earnings season helped investors brush aside fears about a global trade rift. Stocks have shown resilience in recent weeks, even as the U.S. and China have ramped up punitive trade measures on each other that some analysts fear could hurt global growth. The S&P 500 dipped midweek after the White House said it would assess 10% tariffs on an additional $200 billion of Chinese goods—although it then rebounded Thursday as technology shares rallied.
- Bloomberg Video•5 hours ago
Markets Are Focusing on Strong U.S. Economy, Says Abbot Downing's Schleif
Jul.15 -- Carol Schleif, deputy chief investment officer at Abbot Downing, discusses the current state of markets, the trade war with China and the outlook for the S&P 500. She speaks on "Bloomberg Daybreak: Asia."
