|Day's Range||2,709.54 - 2,733.33|
|52 Week Range||2,397.99 - 2,872.87|
As the U.S. Treasury yield curve gets flatter, many see a recession starting to appear. The question seems to be when rather than if it will happen.
The Wall Street Journal says the issue of car manufacturing has emerged as a major sticking point in the NAFTA talks. Yahoo Finance’s Alexis Christoforous, Melody Hahm, and Dion Rabouin discuss points of contention.
On a day stocks made gains, Lowe's rose on a report of an activist investor buying shares, and Target fell after missing profit expectations.
These are today's winners and losers from the S&P 500. More from Bloomberg.comHere’s How Much Money You Need for Bankers to Think You’re RichStocks Rebound as Fed Says No Reason to Rush Rates: Markets WrapCoffee Waste Is Now Fetching a 480% Premium Over Coffee ItselfRead S&P 500 Winners and Losers for 05/23 on bloomberg.
Yesterday it was the bears that were celebrating an intraday reversal and a poor close. President Trump's comments about China trade are receiving most of the blame for the downside part of the action and the minutes of the last Fed meeting are receiving credit for the strength into the close today.
Investors who thought concerns about trade, particularly U.S.-China tensions, were fading into the background got a wake-up call after President Donald Trump expressed unhappiness with the state of negotiations Tuesday afternoon, while also casting doubt on whether a planned summit with North Korea leader Kim Jong Un will happen. Also, Trump is weighing trade measures that would cut European Union steel and aluminum exports to the U.S. by about 10%, a sign the bloc’s efforts to secure tariff exemptions aren’t satisfying the White House.
U.S. stocks ended with small gains on Wednesday after minutes from the Federal Reserve's latest meeting suggested higher inflation may not result in faster interest rate hikes. Most Fed policymakers thought it likely another rate increase would be warranted "soon" if the U.S. economic outlook remains intact, and many participants saw little evidence of general overheating of the labor market, minutes of the central bank's last policy meeting showed. Stocks turned higher after the news, with rate-sensitive S&P 500 utilities (.SPLRCU) and real estate (.SPLRCR) ending the day with the biggest percentage gains.
U.S. stocks ended with small gains on Wednesday after minutes from the Federal Reserve's latest meeting suggested higher inflation may not result in faster interest rate hikes. Most Fed policymakers thought it likely another rate increase would be warranted "soon" if the U.S. economic outlook remains intact, and many participants saw little evidence of general overheating of the labour market, minutes of the central bank's last policy meeting showed. Stocks turned higher after the news, with rate-sensitive S&P 500 utilities (.SPLRCU) and real estate (.SPLRCR) ending the day with the biggest percentage gains.
U.S. stocks turned higher Wednesday after the Federal Reserve indicated it's not in a hurry to raise interest rates too quickly. The S&P 500 index picked up 8.85 points, or 0.3 percent, to 2,733.29. The Dow Jones industrial average added 52.40 points, or 0.2 percent, to 24,886.81.
Global stock markets pared losses and the dollar cut gains on Wednesday after the release of minutes from the U.S. Federal Reserve's May 1-2 meeting amid heightened concerns that setbacks to U.S.-China trade talks would undermine world economic growth. The remarks came a day after Trump said he was not pleased with U.S.-China talks, reversing a rally pegged to the White House's optimistic comments about the discussions over the weekend that led to a strong rally on Monday.
The Columbus, Ohio-based company said it had profit of 17 cents per share. The results beat Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings ...
Stock reversed earlier losses on Wednesday and finished slightly higher after the Federal Open Market Committee released minutes from its May meeting. Stocks fell earlier in the day after comments from President Donald Trump that cast doubt on a planned nuclear summit with North Korea and ongoing trade talks with China. Trump told reporters in Washington there was a "substantial chance" his June 12 meeting in Singapore with North Korea's Kim Jong Un may not take place, given the change in tone the regime has displayed since criticizing a joint U.S.-South Korea military exercise last week.
This column provides a daily update on key presidential actions as well as comments, whether spoken aloud or on Twitter, by President Trump. A day after saying he was displeased with the progress of U.S.-China trade talks, Trump said on Twitter that a deal was “moving along nicely,” but signaled he will attach new conditions. The administration has suspended its threat to impose tariffs on Chinese goods as talks continue, but Trump has said the U.S. wants to “go quickly” on a deal.
U.S. stocks closed modestly higher on Wednesday, after commentary from the Federal Reserve suggested the U.S. central bank was maintaining a calm attitude toward inflation. The Dow Jones Industrial Average ...
Want to know why the Dow Jones Industrial Average is doing what it's doing? The S&P 500 has gained 0.2% to 2728.96, while the Dow Jones Industrial Average has advanced 12.13 points to 24,846.54. The Nasdaq Composite has risen 0.5% to 7413.33.
A bellwether retail sector fund gained Wednesday as Tiffany soared to a new high after the jewelry retailer's quarterly results trounced views.
Netflix Inc. overtook cable giant Comcast Corp. in market value on Wednesday, highlighting the dramatic rise of video streaming at the expense of traditional television.
David Tepper’s Appaloosa Management’s top buys in the first quarter were Micron Technology (MU), Lam Research (LRCX), Wells Fargo (WFC), UBS (UBS), and Allergan (AGN), changing its holdings by 8.5%, 2.7%, 1.6%, 1.3%, and 1.1%, respectively.
Boom times have returned on Wall Street, at least for one trading desk. Goldman Sachs made $200 million in profit on a single day this February as calm in stock markets was shattered with a historic surge in volatility, according to people with knowledge of the move. The investment bank had positioned itself to benefit if the Cboe Volatility Index , the product sometimes called the "fear index" because it reflects expectations of future volatility, climbed, said the people, who declined to be identified speaking about internal matters.
Wall Street made small gains Wednesday after minutes from the Federal Reserve suggested higher inflation may not result in faster interest rate hikes. Fred Katayama reports.