|Day's Range||2,826.58 - 2,843.11|
|52 Week Range||2,417.35 - 2,872.87|
Macy's earnings and the July report on retail sales will be highlights for investors on Wednesday as a busy week for the retail industry rolls on.
Aug.14 -- Kevin Kelly, Benchmark Investments managing partner, discusses his options strategy with Bloomberg's Abigail Doolittle on "Bloomberg Markets."
BANGKOK (AP) — Shares were mostly lower in Asia on Wednesday despite a rally overnight on Wall Street as investors' jitters over the Turkish currency crisis eased.
Wednesday 06.50BST Emerging markets currencies are back under pressure, as their rebound falters. Turkey’s lira has been volatile in the run-up to full European trade, as investors reassess the previous ...
Indonesia’s currency was in focus ahead of the country’s central bank rates decision and as the rupiah fell to its weakest since late 2015 after emerging market currencies were swept up in Turkey’s turmoil on Monday. The rupiah was 0.2 per cent weaker at 14,610 to the dollar.
U.S. stocks climbed Tuesday, halting four-session losing streaks for the Dow Jones Industrial Average and S&P 500, as concerns over the Turkish lira’s recent slide appeared to ease. The Dow industrials added 112.22 points, or 0.4%, to 25299.92, while the S&P 500 gained 18.03 points, or 0.6%, to 2839.96. Stocks have been under pressure in recent sessions, as investors worried that Turkey’s economic crisis could spread to other emerging markets.
Helios and Matheson Analytics Inc. (hmny) the parent company of MoviePass, lost millions of dollars in the second quarter as the subscription-movie offering sought to change its rules. In a Tuesday afternoon filing with the Securities and Exchange Commission, Helios and Matheson reported a net loss of $83.7 million on revenue of $74.2 million in the quarter ended June 30. Because Helios and Matheson does not have full control of MoviePass, some of those losses were reduced, as the company reported a comprehensive loss attributable to shareholders of $63.4 million, or $132.47 a share.
After two days of worry about Turkey, investors were ready to move on and refocus on earnings, even if Home Depot (HD) ultimately lost ground. Turkey quickly faded from memory Tuesday, as investors turned their attention back to second-quarter earnings and found more to cheer. As we’ve noted previously, impact to the U.S. appears minimal—it’s a minor component of emerging markets indexes—and we’ve weathered this kind of crisis plenty of times before.
Asian stocks were headed for a mixed start to Wednesday trading after U.S. shares closed higher and the dollar held at a 14-month high, with risk appetite showing signs of returning to global markets after ...
European stocks rose, Asian shares fell and U.S. futures edged lower on Wednesday as risk appetite continued to be tested by the recent Turkey-induced turmoil. Travel and media companies led a broad advance in the Stoxx Europe 600 Index, but miners dropped as copper fell to the lowest in more than a year. Asian shares slid, with China’s benchmark down for a third day.
These are today's winners and losers from the S&P 500. More from Bloomberg.comSmall-Caps Push Stocks Higher as Turkey Fears Wane: Markets WrapPaul Manafort Defense Rests Without Calling Any WitnessesBitcoin, Ether Sink as ‘Sense of Panic’ Grips Crypto InvestorsRead S&P 500 Winners and Losers for 08/14 on bloomberg.
U.S. stocks rallied Tuesday as banks, retailers, and smaller companies jumped. That helped the market recover most of its losses from the previous two days.
U.S. stocks rallied Tuesday as banks, retailers, and smaller companies jumped. The Turkish lira steadied as officials from Turkey and the U.S. said the countries are in talks to ease diplomatic tensions, which have resulted in high tariffs on Turkish steel and aluminum. Stocks in emerging markets like Argentina, Russia and Brazil jumped.
By Stephen Culp NEW YORK (Reuters) - Wall Street's three major indexes rose on Tuesday with the S&P 500 posting its strongest gain in three weeks as a string of healthy earnings boosted investor optimism ...
Wall Street's three major indexes rose on Tuesday with the S&P 500 posting its strongest gain in three weeks as a string of healthy earnings boosted investor optimism and a rebound in the Turkish lira eased fears of a broader financial contagion. Gains were widespread, and the S&P 500 and the Dow Jones Industrial Average ended four-day losing streaks. The Turkish lira regained some ground a day after it plunged to an all-time low.
Third Point added new positions in payment companies PayPal Holdings Inc (PYPL.O) and Visa Inc (V.N), both of which are up more than 19 percent year to date. Greenlight Capital, run by billionaire investor David Einhorn, added new positions in low-to-middle income retailers including Dollar Tree Inc (DLTR.O), Dollar General Corp (DG.N), Gap Inc (GPS.N), and TJX Companies Inc (TJX.N), the parent company of discount retailers TJ Maxx and HomeGoods.
U.S. stocks bounce back to close higher Tuesday, with the S&P 500 snapping its longest losing streak since March, as the worst of the panic over Turkey’s currency crisis abated, allowing investors to focus on a healthy domestic economy and strong corporate results.
Prominent hedge fund managers appeared to make big second-quarter bets that the U.S. economy would continue to expand despite increasing concerns about a broadening trade dispute between the United States and China, regulatory filings showed Tuesday. Third Point added new positions in payment companies PayPal Holdings Inc and Visa Inc, both of which are up more than 19 percent year to date. Greenlight Capital, run by billionaire investor David Einhorn, added new positions in low-to-middle income retailers including Dollar Tree Inc , Dollar General Corp, Gap Inc, and TJX Companies Inc, the parent company of discount retailers TJ Maxx and HomeGoods.
So much for being the bond king. The quondam fixed-income guru—at least by the recent reckoning of his current employer—got less than a ringing endorsement from his boss, Janus Henderson CEO, Richard Weil, on Thursday.
Wall Street's three major indexes rose on Tuesday with the S&P 500 posting its strongest gain in three weeks as a string of healthy earnings boosted investor optimism and a rebound in the Turkish lira ...
U.S. stocks closed Tuesday's session solidly in the green, halting a multiday tumble for the three main equity benchmarks, which advanced as Turkey's currency slide abated, allowing investors to focus instead on a healthy domestic economy and strong corporate results. The Dow Jones Industrial Average (DJIA) rose 0.5% at 25,300 (on a preliminary basis), the S&P 500 index (SPX) added 0.6% to 2,839, with all 11 sectors of the broad-based index finishing in positive territory. Both the Dow and the S&P 500 had fallen in the past four sessions.