|Day's Range||2,709.18 - 2,719.50|
|52 Week Range||2,386.92 - 2,872.87|
Global stocks rallied across the board Monday as investors cheered reports that talks between the U.S. and China appeared to have averted a damaging trade war between the world's two biggest economies....
OK, now look at this recent chart from David Rosenberg of Gluskin Sheff and Associates and ask yourself that very question. Or you could just avoid the stress of trying to time this market and just heed the advice of Jack Bogle, Vanguard founder and the father of index investing: “The idea that a bell rings to signal when investors should get into or out of the market is simply not credible,” he once said. Dow futures (YMM18.CBT) are up nearly 1%, while S&P (ESM18.CME) and Nasdaq (NQM18.CME) futures are also climbing.
U.S. stock futures rose sharply on Monday, May 21, and global stocks rallied as investors reacted to a thaw in the trade war rhetoric between the U.S. and China following a weekend summit in Washington. Treasury Secretary Steven Mnuchin told Fox News on Sunday, May 20, that talks had led to a "hold" on the current trade dispute between the world's largest economies, even if no specific agreement had been reached over the multi-day talks in the U.S. capital. Right now, we have agreed to put the tariffs on hold while we try to execute the framework," Mnuchin said.
** S&P 500 dips 0.5 pct on the week as investors grapple with murky trade negotiations, increasing oil prices and rising bond yields ** That said, SPX taking it one step at a time. Attempting to prove ...
Stock futures rose Monday as the Trump administration said a China trade war is "on hold." Apple, Facebook and Salesforce fell last week, with different chart implications.
Two Market Narratives Look To Duke It Out This Week The major indexes look to be starting the week off with a bang. The S&P 500 (^GSPC) has an implied open above 2,730 for a rise of 0.64% in the premarket session, and the Dow Jones (^DJI) and Nasdaq 100 (^IXIC) ar up 0.85%, for […] The post The Week Ahead – Stocks Break Higher, GE Makes a Move, Revolution Continues in Venezeula appeared first on Market Exclusive.
U.S. small-cap stocks look poised to extend a breakout rally, especially if oil prices advance deeper into levels last seen in 2014 to drive further gains in the small energy companies that have provided leadership in recent week, analysts and investors said. The Russell 2000 index of small capitalization stocks closed at a record high for a third day in a row on Friday and registered its third week of gains, sharply outperforming large-cap stocks on Wall Street, with all three major indexes posting losses for the week. The Russell is up 11.1 percent since its Feb. 8 low for the year, while the S&P 500 is up just 5.1 percent since that date.
Treasury Secretary Steve Mnuchin said Sunday that the U.S. would hold off on any tariffs against China as the two countries continue their talks. "We're putting the trade war on hold," Mnuchin said in a Fox News interview on Sunday. The Trump administration had planned to impose $150 billion in tariffs on Chinese goods, a threat that has left investors concerned about global growth prospects this year.
Applied Materials (AMAT) shares fell 8.3% to close at $49.51, after hitting an intraday low of $48.53, as analysts were split on target price moves after the company’s sales outlook was lighter than Wall Street expected. For the week, shares of Applied Materials are down 9.7%, the SOX index swung to a weekly loss of 0.4%, and the S&P 500 (^GSPC) finished down 0.5%. Late Thursday, Applied Materials estimated adjusted earnings of $1.13 a share to $1.21 a share for its fiscal third quarter on revenue of $4.33 billion to $4.53 billion, while analysts surveyed by FactSet had expected earnings of $1.16 a share on revenue of $4.53 billion.
Looking for some stock ideas to start your week? Now is a good time to take a look at what the biggest hedge funds around are trading, and possibly follow their lead.
Trade war “on hold,” Italian populists pick a prime minister, and strong dollar’s days may be numbered. Here are some of the things people in markets are talking about today. “We’re putting the trade war on hold,” Treasury Secretary Steven Mnuchin said Sunday after the U.S. and China issued a joint statement following talks in Washington. While the de-escalation of rhetoric between the two sides is a welcome development, analysts are warning that the lack of details in the plan, which would see China increase imports of U.S. goods and services, will likely see tensions return.
Living to 100 will take some money, and some advance planningMARCEL VAN HOORN/AFP/Retirement can be fabulous if you keep your mind active and your heart young. It’s a shame those don’t include considerable discussion of retirement planning, because early money grows the most and postponing retirement saving to age 40 usually has quite burdensome consequences. Student loans are an issue but from the first paycheck onward, everyone should be focused on getting out of debt — save a home mortgage — and participating in company retirement plans as soon as possible.
SEOUL, South Korea (AP) — Global stock markets were higher on Monday as investors cheered the outcome of negotiations between the United States and China that put a trade war on hold, clearing uncertainty.
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Wall Street stocks were poised to rally on Monday, with Dow futures up 200 points as investors welcomed news of a U.S.-China agreement that could reduce America’s trade deficit with the world’s No. 2 economy. Dow Jones Industrial Average futures (YMM18.CBT) jumped 219 points, or 0.9%, to 24,941, while S&P 500 futures (ESM18.CME) gained 15.5 points, or 0.6%, to 2,728.50, and Nasdaq-100 futures (NQM18.CME) rose 48 points, or 0.7%, to 6,921.75. Last week, both the Dow (^DJI) and the S&P 500 (^GSPC) fell 0.5%, the third weekly decline of the past four for both.
U.S. stock index futures pointed to strong gains at the open Monday, after Treasury Secretary Steven Mnuchin said the prospect of a trade war was "on hold" following an agreement to suspend tariff threats.At 7:05 a.m. ET, Dow Jones industrial average futures rose 226 points, indicating a higher implied open of 238.91 points. Nasdaq 100 and S&P 500 futures also indicated an upbeat start to the session for their respective markets. The moves in premarket trade followed comments from Mnuchin and President Donald Trump 's top economic advisor, Larry Kudlow, who both said the agreement reached by American and Chinese officials on Saturday helped set up a framework to address potential trade imbalances in the future.
U.S. small-cap stocks look poised to extend a breakout rally, especially if oil prices advance deeper into levels last seen in 2014 to drive further gains in the small energy companies that have provided leadership in recent week, analysts and investors said. The Russell 2000 index of small capitalisation stocks (.RUT) closed at a record high for a third day in a row on Friday and registered its third week of gains, sharply outperforming large-cap stocks on Wall Street, with all three major indexes posting losses for the week. The Russell is up 11.1 percent since its Feb. 8 low for the year, while the S&P 500 (.SPX) is up just 5.1 percent since that date.
Asian stocks outside Japan climbed, tracking gains in U.S. equity futures, after American and Chinese officials signaled a de-escalation of recent trade tension.
U.S. stock index futures gained, with Dow futures up around 200 points. Fading trade tensions saw the dollar trade above the 111 level against the yen. Asian markets closed moderately higher on Monday, with weekend developments in U.S.-China talks, regarded as positive by analysts on the whole, in the spotlight.
Here are three tips for investors to keep in mind from TheStreet's founder Jim Cramer. Says Cramer, "Always remember that once you have done the requisite research your determination of when to buy a stock needs to be strict, it needs to be unemotional. "I like to do homework by looking at the research, and by looking at the quarterly reports, and looking at the conference calls, and knowing the sector, Cramer reminds investors.
Asian stocks are set to start the week higher and U.S. equity futures jumped after U.S. Treasury Secretary Steven Mnuchin said the Trump administration won’t impose tariffs on Chinese products for now....
The dollar strengthened against most major peers and U.S. equity futures rallied as the world’s two largest economies appeared to step back from the brink of a trade war. Treasury yields climbed, and European shares advanced. The greenback rose as Treasury Secretary Steven Mnuchin said the U.S. was “putting the trade war on hold,” amid progress in talks with China.
U.S. stock future opened higher on Sunday after Treasury Secretary Steven Mnuchin said on Sunday that the United States and China agreed to drop their tariff threats to work on a wider trade agreement. ...
The U.S. dollar has been on a nearly unstoppable uptrend since the start of the second quarter, rising in tandem with government bond yields, while equities got the short end of the stick. Now, investors wonder whether a buoyant buck will derail earnings growth. Since the beginning of April, the ICE U.S. Dollar Index (IFUS:DX-Y.NYB), a popular gauge of the U.S. currency that measures it against six rivals, is up 3.9%.
Facebook, Twitter and Akamai forged proper handles with new buy points last week as the stock market dipped. Google-parent Alphabet, Alibaba are working on handles.