|Day's Range||2,722.00 - 2,775.99|
|52 Week Range||2,532.69 - 2,940.91|
Companies that missed expectations during this most recent earnings period have seen their shares sink by more than the historical average, a reminder that record earnings don't change the stock market's core function — looking ahead.
Tech is dragging stocks lower as Wall Street begins the week with a sell-off. Yahoo Finance's Julie Hyman and Adam Shapiro discuss with BNY Mellon chief strategist Liz Young and ITC managing director Sean O'Rourke.
OPEC and oil are expected to move the markets, but in the long term Sevens Report Founder and President Tom Essaye says the dollar, which is at a 2018 high, will and could make all the difference for corporate earnings. Yahoo Finance’s Melody Hahm and Essaye discuss.
Julian Emanuel, BTIG, says investors shouldn't panic here, and discusses whether there's more market volatility ahead. With CNBC's Joe Kernen and the Fast Money traders, Pete Najarian, Steve Grasso, Brian Kelly and Tim Seymour.
A number of GOP seats flipped blue as upper middle class Republicans in the suburbs took issue with the Trump tax bill's cap on state and local tax deductions.
Jim Cramer, CNBC’s “Mad Money” host and a prominent fixture among market commentators on Monday said the market is enduring “a very serious correction.”
By April Joyner NEW YORK (Reuters) - Wall Street's major indexes tumbled on Monday as shares of Apple Inc (AAPL.O) and Goldman Sachs Group Inc (GS.N) dragged down the technology and financial sectors. ...
Wall Street's major indexes fell on Monday, with the S&P 500 sliding 2 percent, weighed by technology and financial stocks as shares of Apple Inc (AAPL.O) and Goldman Sachs Group Inc (GS.N) came under pressure.
Goldman's bear market indicator is at a rare 73 percent, its highest level since the late 1960s and early 1970s. The indicator is "flashing red," wrote Goldman chief global equity strategist Peter Oppenheimer. Goldman Sachs's bear market prediction tool is at an "elevated" level that has historically signaled a zero average return over the next 12 months and a "substantial" risk of drawdown.
Stock benchmarks on Monday got hammered, amid a chorus of worries, including oil-price swings, worries and fears of weakening global growth. Those combined with a buoyant U.S. dollar to knock all three equity indexes sharply lower, with concerns about trade spats between the U.S. and China remaining on the forefront of investors' minds. The Dow finished 602 points, or 2.3%, lower at 25,387, the S&P 500 index closed off 2% at 2,726, while the Nasdaq Composite Index finished the session with steepest decline, down 2.8% at 7,201. All three benchmarks saw their worst day since Oct. 24, according to FactSet data. Shares of Apple were among the biggest sources of weakness in the broader market as the iPhone maker saw a series of reports questioning its production headed into the holidays. Shares of the Cupertino, Calif.-based tech giant ended the day down 5%. Meanwhile, shares of Goldman Sachs Group Inc. tumbled 7.5%, marking its worst daily loss since November of 2011, wiping 112 points from the Dow industrials. Elsewhere, the dollar, as measured by the ICE U.S. Dollar Index touched its highest level since June of 2017 and crude-oil reversed course and marked its 11th straight decline after President Donald Trump tweeted that prices of crude were still too high.
A gauge of 30-day turbulence in the Nasdaq 100 has tripled in five weeks, pushing it to the highest since 2011. Prices for options protection in tech exceed the rest of the market by the most in seven years, using implied volatility on the Nasdaq and the S&P 500. Home to Apple Inc., Facebook Inc. and Alphabet Inc., the Nasdaq 100 dropped 3 percent on Monday, extending its three-day decline past 5 percent and erasing the rally after Election Day.
A trial showed that half the melanoma patients responded to Nektar’s drug when combined with Bristol-Myers Squibb’s cancer treatment Opdivo.
“With PG&E carrying $1.4B of insurance, if the fire is not contained, there could be potential liabilities exceeding coverage resulting from damages claims,” one analyst explained.