^GSPC - S&P 500
| Previous Close | 2,728.37 |
| Open | 2,770.54 |
| Volume | 2,665,303,068 |
| Day's Range | 2,729.44 - 2,775.77 |
| 52 Week Range | 2,532.69 - 2,940.91 |
| Avg. Volume | 3,260,377,968 |
- MarketWatch•19 minutes ago
Zillow to include Canadian listings on its mobile app and website
Real-estate marketplace Zillow Group Inc. said Monday it is expanding a marketing agreement with Realty Executives International to include listings from Canada on its mobile app and website. The company said it has more than 100 million visits from non-U.S. home seekers a year, a large number of whom are from Canada. Listings from several Canadian brokerages will soon be live on Zillow with a description and photos of each property with listing agent. Zillow shares were not yet active premarket, but have fallen 5.8% in 2018, while the S&P 500 has gained 3.5%.
Associated Press•32 minutes agoGlobal stocks mostly slip on continuing global trade worries
TOKYO (AP) — Global stocks mostly slipped Monday as investors continued to worry about global trade and prospects for economic growth. The price of oil rose amid tensions over Saudi Arabia, a major crude exporter.
- Reuters•43 minutes ago
Stock futures drop as Saudi tensions add to growing worries
U.S. stock futures pointed to a lower open on Monday, mirroring global stocks, as growing tensions between Western powers and Saudi Arabia added to worries over rising borrowing costs and the impact of ...
- MarketWatch•46 minutes ago
Kimco Realty expects to get better lease prices for its 14 Sears locations
Mall real estate investment trust Kimco Realty Corp. said Monday it expects to benefit from the bankruptcy filing by Sears Holdings Corp. . The company said its exposure to Sears is limited to 14 leases, eleven of which are for Kmart stores, equal to about 1.9% of its total gross leasable area. "Today's announcement may afford us the long-awaited opportunity to recapture boxes with significant mark-to-market potential in our core markets, and sparks several new redevelopment opportunities within our portfolio," Kimco Chief Executive Conor Flynn said in a statement. Sears and Kmart pay among the lowest rents of any tenant in Kimco's portfolio, he said, at an average base rent of $5.25 per square foot, compared with the portfolio average of $15.95. The 14 locations have good demographics, with a population of 129,000 within a three-mile radius and average household income of $88,000. Kimco shares were not yet active premarket, but have fallen 18.4% in 2018, while the S&P 500 has gained 3.5%.
- Reuters•46 minutes ago
CANADA STOCKS-Futures lower as Saudi tensions add to worries
Futures for Canada's main stock index dipped on Monday, after world markets reacted negatively to rising tensions between Western powers and Saudi Arabia over the disappearance of journalist Jamal Khashoggi, ...
- MarketWatch•52 minutes ago
EyePoint Pharma shares jump on FDA approval of Yutiq implant
EyePoint Pharmaceuticals Inc. shares soared 8% in premarket trade Monday, after the company said the U.S. Food and Drug Administration has approved its Yutiq implant for the treatment of uveitis, a leading cause of blindness. Yutiq is a micro-insert that is designed to release fluocinolone acetonide over a three-year period and that can be administered in a doctor's office. :Chronic non-infectious uveitis affecting the posterior segment of the eye is the third leading cause of blindness in the U.S.," Chief Executive Nancy Lurker said in a statement. The company is expecting to launch the product in the first quarter of 2019. EyePoint shares have gained 199% in 2018, while the S&P 500 has gained 3.5%.
Market Realist•58 minutes agoCould Investors’ Rotation amid the Sell-Off Benefit Gold Miners?
Gold, Miners Have Surged on the Market Rout—What’s the Upside? In the current sell-off, technology companies (XLK) (SMH) are leading the decline. Investors’ stretched valuation concerns have been especially acute in the US tech space, meaning that tech stocks are much more vulnerable to higher interest rates.
- Market Realist•58 minutes ago
US Crude Oil Might Break $70 by Next Week
On October 11, US crude oil’s implied volatility was 26.2%, which is ~3% above its 15-day average. The inverse relationship between oil prices and oil’s implied volatility is illustrated in the following graph. Since reaching a 12-year low in February 2016, US crude oil active futures have risen 170.8%. Crude oil’s implied volatility has fallen ~65.2% since February 11, 2016.
Market Realist•59 minutes agoIMF Downgraded Global Growth Outlook due to Trade Tensions
The International Monetary Fund (or IMF) cut its estimates for global growth for this year and for 2019, citing trade tensions between the US and its trading partners. It now estimates the global growth will come in at 3.7% in 2018 as compared to its previous estimate of 3.9%. The “World Economic Outlook” report is published twice a year, in April and October.
- CNBC•1 hour ago
The stock market looks like it is due for more pain, even as it teases with comeback rallies
The S&P 500 fell more than 3 percent on Wednesday. In the past, 8 in 10 such drops came as part of a decline of at least 10 percent. The 5.3 percent crunch in the S&P 500 on Wednesday and Thursday took the index back to early-July levels — inflicting buyer's remorse on anyone who bid into the late-summer rally — while punishing the most popular huge growth stocks of technology the hardest.
- MarketWatch•1 hour ago
Canopy Growth to acquire IP and other assets of Colorado-based hemp company Ebbu
Canadian pot company Canopy Growth Corp. said Monday it has agreed to acquire the assets of Colorado-based Ebbu Inc., a hemp research company, for CAD25 million plus 6.2 million shares. The deal will "complement and accelerate multiple core verticals operating under Canopy Growth's group of companies," Canopy said in a statement. Canopy will take over IP and research and development conducted by Ebbu for its hemp and THC-rich cannabis genetic breeding program and its cannabis-infused beverage capabilities. The company is expecting to cut the cost of CBD production using Ebbu's IP. The news comes just two days before Canada fully legalizes cannabis on Oct. 17. The deal is expected to close in November, subject to regulatory approvals by the TSE and NYSE. Shares rose 2.8% premarket and have gained 110.5% in 2018, while the S&P 500 has gained 3.5%.
- CNBC•1 hour ago
Stocks are set to resume slide at Wall Street's open
Strong gains for the major averages Friday still left the Dow and S&P 500 about six percent below their most recent record highs.
- TheStreet.com•2 hours ago
How to Really Diversify Your Retirement Portfolio
If you've read any investing book written since 1952, it probably extols the virtues of diversification -- as well it should. Investors usually understand the concept of diversification, but many have inaccurate perceptions about what provides actual diversification. While owning 500 different stocks dilutes the risk that one of the stocks you own will dramatically underperform, it doesn't address the risk that the entire stock market might underperform.
- Barrons.com•2 hours ago
Dow Drops 79 Points and Oil Is the New Fear
STOCKSTOWATCHTODAY BLOG 6:23 a.m. A bad week ended with a good day. Too bad the good times couldn’t last. S&P 500 futures have fallen 0.4%, while Dow Jones Industrial Average futures have declined 79 points, or 0.
- TheStreet.com•2 hours ago
Dow Futures Tumble as Saudi Tensions, Trade Concerns Keep Investors Cautious
Global stocks weaken as geopolitical and trade tensions keep investors cautious following last week's selling on Wall Street. Saudi Arabia has vowed to react to any punishment meted out following the disappearance of prominent journalist Jamal Khashoggi in Turkey last week. U.S. stocks set for more red at the open, with the Dow indicated 200 points lower at the bell and investors looking for Q3 earnings from Bank of America.
- TheStreet.com•2 hours ago
U.S. Stock Futures Weaken as Global Markets Slide on Saudi Tensions
U.S. stocks look set for another volatile session Monday as investors re-set prices in markets all over the world amid amid escalating tensions between Washington and Riyadh over the death of a prominent Saudi journalist in Turkey last month as well as renewed concerns for trade disputes between the U.S. and its major economic partners. U.S. equity futures indicated a weak opening on Wall Street Monday, with contracts tied to the Dow Jones Industrial Average suggesting a 95 point decline, following last week's sell-off that clipped more than 1,100 points from the benchmark in one of the worst weeks of the year for domestic stocks, while linked to the broader S&P 500 were marked 18 points to the downside amid the 'risk-off' sentiment. index is creeping higher again in after-hours trading, rising 4.4% to 22.26 points, amid the broader global market declines in Europe and Asia linked to the Saudi tensions.
- Bloomberg•3 hours ago
U.S. Stock Index Futures Fall on Saudi Tensions, Trade Woes
European stocks tumbled again, also hit by Italian budget woes and as Brexit talks dragged on with just days to go until a critical deadline. Futures contracts on the S&P 500 index fell 0.8 percent after the underlying gauge had its worst weekly slump since March 23 last week.
- CNBC•4 hours ago
Dow futures turn positive, paring earlier losses as stocks try to recover from last week's steep drop
U.S. stock index futures pared steep losses on Monday mornings as Wall Street tried to recover from a 4 percent drop in the major indexes last week. Dow Jones Industrial Average futures turned positive at around 7:50 a.m. ET, while futures on the S&P 500 and Nasdaq 100 were also off their lows. The Dow finished almost 300 points higher on Friday but stocks still registered steep losses for the week as investors fretted over rising interest rates.
Reuters•7 hours agoBear or bull? Five reasons to claw or thunder
A sharp pullback in stocks last week, including the S&P 500's (.SPX) biggest single-day drop since a market correction in February, has left investors questioning whether this could signal danger for the longest-ever bull run for U.S. equities. S&P 500 earnings are expected to rise 23.1 percent this year, according to I/B/E/S data from Refinitiv. “If you still think the corporate profit story is intact, you should be owning stocks here,” said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana.
- Associated Press•9 hours ago
AP Top Extended Financial Headlines at 11:35 p.m. EDT
Asian stocks are slipping as investor worries continue about global trade tensions and prospects for economic growth
- Reuters•9 hours ago
Morning News Call - India, October 15
To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_10152018.pdf If you would like to receive this newsletter via email, please register ...
- CNBC•10 hours ago
Tell us what you think: What will spark the next big market move?
Stocks across the globe saw a sell-off last week, with Wall Street's major indexes seeing their worst weekly declines since March. With the U.S. earnings season currently underway, J.P. Morgan reported Friday that third-quarter figures exceeded analysts' expectations. The U.S.-China trade war continues to be in focus, along with concerns raised by President Donald Trump over the Federal Reserve's interest rate policy.
- The Wall Street Journal•13 hours ago
[$$] U.S. Stocks Have Been an Anomaly in Global Markets. Not Anymore.
For months, U.S. stocks powered higher to records while most of the world’s markets crumbled, a divergence that analysts and investors said wouldn’t last. The factors that helped U.S. stocks to solidly outperform other global equity markets this year—a booming tech sector, and seemingly little concern for the pace of the Federal Reserve’s interest rate increases—faded sharply last week, when a sudden selloff left the S&P 500 down 5% for the month. The impact of escalating trade tensions between the U.S. and Chinese governments on the global economy has also hit stocks outside the U.S. hardest.
- Investor's Business Daily•3 days ago
How To Find The Next Stock Market Bottom? Use This Chart Technique
The hardest thing in investing is to harbor no bias. When you want to want to spot a major market bottom, look for the follow-through rally.
- CNBC•15 hours ago
Here's why one analyst thinks the sell-off could be saved by earnings
The man who called the latest sell-off believes earnings hold the key to saving the year's historic rally. According to Ned Davis Research's Ed Clissold, the market is going through a panic reaction due to a change in the Federal Reserve's posture on interest rates. "Currently, expectations are for 12 percent S&P 500 operating EPS [earnings per share] growth for 2019.
