|Day's Range||2,919.73 - 2,934.80|
|52 Week Range||2,488.03 - 2,934.80|
A somewhat tame schedule faces investors on Friday, though record highs in the Dow and S&P 500 on Thursday as the U.S. stock market continues to outpace its global peers will be a major area of focus for investors to cap the week.
New highs today for the Dow and S&P 500 as trade fears continue to ease.
Yahoo Finance's LIVE stock market coverage and analysis.
President Trump calls the congressional spending plan 'ridiculous'
Asia markets are poised to open in positive territory following record highs in U.S. markets overnight. On Thursday, the Dow Jones Industrial Average surged to its first record high since January 2018, while the S&P 500 also rose 0.8 percent to an all-time high. China's commerce ministry has said it hopes the U.S. would take steps to correct its behavior, the comments coming after both countries slapped new sanctions on each other's goods this week.
Is Wall Street ignoring the potential for simmering trade conflicts with China to intensify, upending the stock market’s newfound buoyancy?
Tesla Inc. is losing yet another top executive, according to a report Thursday afternoon. Bloomberg News reported Thursday evening that Liam O'Connor, the vice president of global supply management, has resigned, citing multiple anonymous sources. Tesla did not confirm the departure to Bloomberg, and did not immediately respond to a request for comment from MarketWatch. Tesla has experienced an executive exodus of late, including the chief accounting officer and three vice presidents, who were in charge of human relations, communications and finance. Tesla stock fell 0.2% to $298.33 Thursday, and was trading at similar prices in late trading as the report hit. The shares have declined 4.2% so far this year, as the S&P 500 index has gained 9.6%.
Is it real? Is this new high for the S&P and Dow Jones real? Does it have staying power in light of the trade war with China? Let me give you a qualified yes, qualified by the fact that we are always one tweet away from giving up the S&P ghost.
McDonald's Corp. said late Thursday that it plans to raise its quarterly dividend 15% to $1.16 per share from $1.01. The company said it will pay nearly $900 million in fourth quarter dividend payments. U.S. tax-law changes as well as McDonald's strong business contributed to its ability to raise the dividend, the company said. McDonald's also said it would see system-wide sales growth of 3% to 5%, earnings per share growth in the high single digits, and operating margins in the mid-40% range. McDonald's stock rose 0.4% after hours and closed up 1% to $160.79 during the regular session. The S&P 500 index rose 0.8% Thursday.
Wall Street delivered another set of milestones Thursday as a wave of buying sent U.S. stocks solidly higher, driving the Dow Jones Industrial Average above the all-time high it closed at in January. The S&P 500, the benchmark for many index funds, also hit a new high, eclipsing the peak it reached last month. A weaker dollar, which helps U.S. exporters, and a mix of mostly encouraging economic reports helped put investors in a buying mood, a turnaround from earlier in the week when the U.S. and China each announced a new round of tariffs on each other's goods, triggering a sell-off.
By Stephen Culp NEW YORK (Reuters) - Trade-sensitive industrial stocks led the Dow Jones Industrial Average to a record closing high on Thursday, the last of Wall Street's main indexes to fully regain ...
Cannacord Genuity's Tony Dwyer sees more upside ahead. With CNBC's Melissa Lee and the Fast Money traders, Pete Najarian, Karen Finerman, Dan Nathan and Tim Seymour.