|Day's Range||2,805.89 - 2,816.76|
|52 Week Range||2,417.35 - 2,872.87|
Stocks higher here. Financials leading the way while the tech-heavy Nasdaq struggles to keep up.
Jul.18 -- J.C. O'Hara, MKM Holdings chief market technician, examines the volatility in oil prices with Bloomberg's Abigail Doolittle on "What'd You Miss?"
The S&P 500 hit a five-month high and the Dow rose for a fifth straight session on Wednesday as solid earnings boosted financial and industrial stocks. Fred Katayama reports.
Asian stocks looked set for modest gains after bank earnings pushed U.S. equities higher and Federal Reserve Chairman Jerome Powell said little to alter expectations for another interest rate increase ...
A milestone of sorts was passed Tuesday when the three-month Treasury bill yield rose above the 2% mark for the first time since June 2008, just before the global financial crisis erupted in earnest. By the end of that year, the Federal Reserve slashed its key federal-funds target interest rate to virtually zero, where it stood until late December. Since then, the Fed has gradually lifted its fed-funds target range, to 1.75%-2% currently.
The Dow Jones Industrial Average rose for a fifth day in a row, while the S&P 500 continued its assault on 2900. •...highlight the downgrade that sent Clorox (CLX) tumbling. The S&P 500 rose 0.2% to 2815.62 today, while the Dow Jones Industrial Average gained 79.40 points, or 0.2%, to 25,199.29.
U.S. stocks rose Wednesday as investors parsed another wave of U.S. earnings reports and the Federal Reserve signalled the economy is accelerating. Corporate earnings season is off to a robust start, with about 8% of firms in the S&P 500 having reported so far. Investors hope that earnings season will offer a spark for stocks, which were under pressure for much of June amid trade-related worries.
The S&P 500 rose to its highest in more than five months and the Dow climbed for a fifth session on Wednesday as solid earnings boosted financial and industrial stocks and reinforced expectations for a strong second-quarter reporting season. Upbeat earnings from railroad CSX Corp (CSX.O) and airline United Continental (UAL.N) helped lift the S&P 500 industrials index (.SPLRCI), which gained 1.1 percent and was among the day's best-performing sectors. Although it is still early in the reporting period, estimates for the U.S. earnings season are improving as more companies release results.
U.S. stocks Wednesday finish mostly higher, with the technology-centric Nasdaq ending oh-so-close to a back-to-back record, as an anecdotal account of business conditions in the Federal Reserve’s 12 districts painted an upbeat picture of the domestic economy.
By Lewis Krauskopf NEW YORK (Reuters) - Stocks on major world markets climbed to a one-month high on Wednesday after a raft of strong corporate earnings, while the U.S. dollar hit a three-week high against ...
These are today's winners and losers from the S&P 500. More from Bloomberg.comMueller Asks Manafort Judge to Immunize Five WitnessesAmazon Suffers Tech Crash and Strikes During Prime DayGoogle Fined Record $5 Billion by EU, Given 90 Days to Stop ‘Illegal Practices’Read S&P 500 Winners and Losers for 07/18 on bloomberg.
HOUSTON (AP) _ Crown Castle International Corp. (CCI) on Wednesday reported a key measure of profitability in its second quarter. The results missed Wall Street expectations. The real estate investment trust, based in Houston, said it had funds from operations of $546 million, or $1.31 per share, in the period.
On a day stocks rose on optimism over earnings and the economy, United Continental reported strong profit growth and Cara Therapeutics announced a secondary offering.
Stocks on major world markets climbed to a one-month high on Wednesday after a raft of strong corporate earnings, while the U.S. dollar hit a three-week high against major currencies. Stock markets were also supported by Federal Reserve chairman Jerome Powell reiterating that the U.S. economy was healthy, even though he warned that rising world protectionism would over time pose a risk to the global economic expansion.
On a per-share basis, the Houston-based company said it had a loss of 8 cents. Earnings, adjusted for non-recurring costs, were 21 cents per share. The results beat Wall Street expectations. The average ...
Big gains for banks and for transportation companies like airlines and railroads took U.S. stock indexes slightly higher Wednesday. Other parts of the market didn't move much.
NEW YORK (AP) — Big gains for banks and transportation companies like airlines and railroads took U.S. stock indexes slightly higher Wednesday. Other parts of the market didn't move much.
The bond market these days is about as fun as watching paint dry. The benchmark 10-year Treasury note yield has moved less than 7.7 basis points in July, putting it on course for its smallest monthly range since 1973, according to Bloomberg News. Federal Reserve Chairman Jerome Powell raised a few eyebrows on Wednesday when he told the House Financial Services Committee on his second day of semiannual testimony before Congress that policy makers are “slightly more worried about lower inflation.” That was a bit of a shocker given the Fed has already raised interest rates twice this year and has flagged at least one more before January.
EBay Inc. (ebay) shares fell more than 4.5% in the extended session Wednesday before retreating to a 1% loss after the company reported an earnings beat but lower-than-expected guidance. Adjusted earnings were 53 cents a share. Analysts surveyed by FactSet had estimated adjusted earnings a share of 51 cents on revenue of $2.66 billion.
MARKET PULSE International Business Machines Corp. (ibm) shares ticked higher in the extended session Wednesday after the tech giant topped Wall Street estimates for the quarter. IBM shares were last up 1.
The Dow and S&P 500 held onto modest gains at the close, while the Nasdaq ended flat following the second day of Congressional testimony from Fed Chairman Jerome Powell Wednesday.