|Day's Range||2,831.44 - 2,850.49|
|52 Week Range||2,417.35 - 2,872.87|
US and Chinese officials are making plans for their first trade talks in months, as tariffs start to bite. Yahoo Finance’s Alexis Christoforous, Editor-in-Chief Andy Serwer and Rick Newman have details
Yahoo Finance's Seana Smith and Jared Blikre on the biggest headlines moving the markets in afternoon trading.
The current bull market has been running since bottoming out in 2009, with the S&P 500 having soared 320% since then. Bank of America Merrill Lynch, however, thinks the bull still has more room to run. The bank even broadened its overweight sectors from three to five, moving both Industrials and Health Care from Market Weight to Overweight.
Want to start an argument on Wall Street? Just ask when the current bull market began. “Hold the champagne! This is not the longest bull market on record or since WWII as the current buzz on the Street would have you believe,” wrote Jeff Hirsch, editor of the Stock Trader’s Almanac, in a blog post.
Walmart shares surged 9.5 percent, the most on the S&P 500, after the retailer said U.S. comparable sales grew the most in a decade and posted strong e-commerce sales. The S&P retailers index gained 0.63 percent. All of the 11 major S&P sectors were higher, with technology stocks up 0.79 percent.
Walmart shares (WMT.N) surged 9.5 percent, the most on the S&P 500, after the retailer said U.S. comparable sales grew the most in a decade and posted strong e-commerce sales. The S&P retailers index (.SPXRT) gained 0.63 percent. All of the 11 major S&P sectors were higher, with technology stocks (.SPLRCT) up 0.79 percent.
The obvious answer would appear to be in a solid, domestic American bank backed by FDIC insurance or a security tied to a U.S. based company. Despite its political angst, the United States is best, and in comparison to other countries appears not only to be safe but also expanding economically. Its currency is solid and the country seems to be prevailing in its trade and foreign confrontations.
Investing.com - U.S. futures pointed to a higher open on Thursday, as investors reacted positively to developments in trade talks between China and the U.S. and positive earnings reports from blue-chip companies, while keeping an eye on blue-chip earnings and waiting for a slew of data to be released before the open.
NEW YORK (AP) — U.S. stocks are surging Thursday morning as China and the U.S. prepare to hold their first trade discussions in months, a potential sign of progress toward ending the trade war between them. Walmart is surging after the retailer said its sales climbed in second quarter.
The number of 401(k) plans with a balance of $1 million or more jumped to a record 168,000 in the second quarter, up from 119,000 a year earlier, according to Fidelity Investments.
A recent CNBC story quoted an author who said you can become a millionaire by investing just $5 a day, for 50 years — with an annual rate of return of 10 percent. In response, CNBC spoke to investing experts and financial advisors about just how feasible that return is for most investors. In the article, Michael Taylor, author of personal finance tome " The Financial Rules for New College Graduates ," said that anyone could retire a millionaire — if they invested just $5 a day for 50 years.
Let's see if CBS Corporation (CBS) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.
With international markets upended, investors look to the U.S. as a secure investment. Yahoo Finance's Seana Smith, Andy Serwer, Dan Roberts and Emily Roland, Head of Capital Markets Research - John Hancock Investments - discuss.