|Day's Range||2,583.23 - 2,647.51|
|52 Week Range||2,532.69 - 2,940.91|
Google CEO heads to Capitol Hill, and CBS shareholders will be gathering in NYC on Tuesday.
Stocks fell dramatically Monday morning only to claw their way back. Yahoo Finance's Adam Shapiro, Seana Smith and Andy Serwer talk to Jimmy Lee, CEO of Wealth Consulting Group.
Miners and builders led the advance in the Stoxx Europe 600 Index, which was playing catch up to a late recovery for shares in the U.S. on Monday. Futures on the Dow Jones, S&P 500 and Nasdaq indexes were all lower, tracking the Asian benchmark after a drop for Japanese equities.
While news that top Chinese and American trade officials talked over the phone helped the region’s shares almost erase early Tuesday losses, the MSCI Asia Pacific Index soon headed back in the red. There’s been a deluge of bad news in recent days -- from the unsolved case about the arrest of Huawei Technologies Co.’s chief financial officer to the surprise exit of India’s central-bank governor on Monday evening -- and the optimism seen after the 90-day trade truce between the U.S. and China is far gone. Since Dec. 3, Asian stock markets have already lost more than $1 trillion in market value, with the regional gauge trading at a six-week low.
U.S. stock index futures pointed to a fairly flat open on Tuesday as stocks take a breather after a wild session in the previous trading day.
European stocks clawed back some of their losses on Tuesday after selling off sharply on Monday with investors unsettled after British prime minister Theresa May delayed a vote in parliament to approve the EU withdrawal treaty indefinitely. On Tuesday morning the Europe-wide Stoxx 600 gained 1 per cent, following a 1.8 per cent loss the previous day. The pound — which yesterday slipped to its lowest level against the dollar since April 2017 — is rarely out of focus at the moment, but on Tuesday morning traders will have an eye on UK labour market data as well as the usual Brexit developments.
Global stocks edge higher as investors react cautiously to news of progress in U.S.-China trade talks but remain unsettled by political uncertainty in Europe. Huawei CFO Meng Wanzhou faces a third day of bail hearings in Vancouver as U.S. authorities seek her extradition on sanctions violation charges.
Tuesday 08.20 GMT The mood across world stock markets remains cautious, with investors continuing to measure the outlook for slowing economic growth in the context of the trade dispute between China and ...
U.S. financial conditions are tightening, a potent mix of a strong dollar, weak stock markets and flat yield curve squeezing the availability of global money that will bring to an end the Fed's rate-hiking cycle sooner rather later. By some measures, conditions are tighter now than they have been for years and money markets are reacting accordingly. The more financial conditions tighten, the less the Fed needs to raise rates.
Investing.com - Asian markets were mixed in morning trade on Tuesday amid reports that China and the U.S. are preparing next stage of trade talks.
One trend is that stock-market advances have been smaller and more gradual, while declines have been swifter and more severe. Meanwhile, the Dow Jones Industrial Average has posted four slumps of 3% or more this year without a rise of that size—on track to make history with that streak. The trend paints a picture of the market struggling to climb higher while slipping more easily into one-day plunges, indicating investor sentiment is deteriorating.
The dollar rose Monday, as investors piled into the currency amid worries over global trade, Brexit and big swings in U.S. stocks. The WSJ Dollar Index, which measures the U.S. currency against a basket of 16 others, rose 0.5% to 90.69. U.S. Trade Representative Robert Lighthizer said Sunday that the U.S. would hold fast to its 90-day deadline for the conclusion of a lasting agreement with China on trade, adding that Washington would impose punishing tariffs on Chinese imports if none is reached.
Wall Street’s fear gauge settled lower Monday after erasing earlier gains—a sign investors are closely monitoring market signals on future volatility and adjusting options positions accordingly. The Cboe Volatility Index, known as VIX, fell to 22.64, snapping a three-session streak of gains. The VIX also closed above the level of 15 for the 44th day in a row, continuing its longest such stretch since March 2016.
The Fed has become slightly less scary for the stock market, and traders are now pricing in a lower probability that it will raise interest rates even once next year. The turmoil in financial markets has helped change expectations for the Fed, which Fed watchers say may now be more concerned about financial conditions after the more than 11 percent decline in stocks and a weaker world economy. "The Fed's ability to surprise the market has kind of diminished.
Wall Street had a volatile session overnight which saw the Dow recover from a 507-point drop. Meanwhile, U.K. Prime Minister Theresa May delayed a Brexit vote that was set to take place on Tuesday in the U.K. parliament. Also on Monday, the Reserve Bank of India's chief, Urjit Patel, resigned abruptly, stoking concerns over the independence of the central bank.
By Noel Randewich SAN FRANCISCO (Reuters) - The S&P 500 is not yet in a bear market, but nearly half of its components are. Hurt by worries about global growth, the S&P 500 (.SPX) on Monday fell as much ...
While the S&P 500 Index bounced Monday within points of its 2018 low, it’s fallen out of a range of technical support, including its 200-day moving average. Longer run, it’s a little tougher to see,” Peter Jankovskis, co-chief investment officer at Oakbrook Investments, said by phone. Below are four views that tackle the question from the perspective of valuation, using corporate earnings, monetary policy and economic fundamentals.
The S&P 500 is not yet in a bear market, but nearly half of its components are. Hurt by worries about global growth, the S&P 500 (.SPX) on Monday fell as much as 1.89 percent before reversing course and ending the session with a 0.17 percent gain, trimming its loss so far in December to 4.44 percent. The S&P 500 index has been in a correction since October, defined by many investors as a drop of 10 percent or more from a high.
Is the worst over? The requirements for a rally. With Tony Dwyer, Canaccord Genuity, CNBC's Joe Kernen and Bob Pisani, and the Fast Money traders, Tim Seymour, Carter Worth, Steve Grasso and Guy Adami.