|Day's Range||2,651.26 - 2,670.73|
|52 Week Range||2,532.69 - 2,940.91|
Despite the recent slide, investment strategist Nela Richardson of Edward Jones believes there’s still some ‘steam left in this bull market.’ She spoke with Yahoo Finance’s Alexis Christoforous.
Oil falls more than 6%. Yahoo Finance's Adam Shapiro and Julie Hyman along with KKM managing director Dan Deming,
President Donald Trump touts falling oil prices as a boon to U.S. consumers. That’s true, but economists say the shale revolution, which has transformed the U.S. back into a major oil producer, means that declining crude prices are now a small headwind for the economy thanks to the impact on capital spending by shale producers.
Want to invest like the 400 richest Americans? In fact, only a handful of those on the Forbes list got there through investing. Between Sep. 22, 2017 (the data cutoff for Forbes’ list last year) and Sep. 7 of this year (the cutoff for this year’s list), the net worth of those on this year’s Forbes 400 list grew by 7%.
Turkeys aren't the only ones getting slaughtered this Thanksgiving - the week heading into the holiday has been a trying one for investors, with selling Monday and Tuesday dragging the S&P 500 back down to the lows set back in October during the worst month for stocks since 2011. A Morgan Stanley equity strategist got considerable attention amid the selling when he made the bold claim that we're in a bear market in a client note on Monday. Is the bull run investors have been enjoying since 2009 finally over?
Wall Street investors appear to be signaling that it can’t withstand an unabated pace of increases to benchmark rates from Federal Reserve Chairman Jerome Powell.
Here’s a chart pattern that has at least one stock-market bull looking for a bottom in the tech-led selloff that’s erased year-to-date gains for U.S. stocks.
The most popular long positions at 823 hedge funds have lagged the S&P 500 by 7 percentage points since mid-June, according to Goldman Sachs. Headwinds have brought the average equity hedge fund year-to-date loss to 4 percent, Goldman says. The S&P 500 is down 0.2 percent in 2018.
By Medha Singh (Reuters) - U.S. stocks recouped some losses on Wednesday after a brutal two-day selloff as strong earnings from Foot Locker and gains in technology stocks lifted investor sentiment ahead ...
Foot Locker Inc shares surged 15.9 percent after the footwear retailer's quarterly same-store sales trumped expectations and boosted other sports retailers. Shares of Dick's Sporting Goods Inc and Hibbett Sports Inc rising about 3 percent, while those of Nike Inc, a Foot Locker supplier, gained 1.5 percent. Gains in Foot Locker and Gap helped push the S&P consumer discretionary index 1.7 percent higher.
A huge sell-off in markets with Target dragging down the retail sector. Yahoo Finance's Julie Hyman, Adam Shapiro, and Seana Smith discuss.