^GSPC - S&P 500

SNP - SNP Real Time Price. Currency in USD
2,984.42
-19.62 (-0.65%)
At close: 5:04PM EDT
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Previous Close3,004.04
Open3,005.10
Volume1,743,301,026
Day's Range2,984.25 - 3,005.26
52 Week Range2,346.58 - 3,017.80
Avg. Volume3,405,560,161
  • The Trump tariffs aren’t working
    Yahoo Finance3 hours ago

    The Trump tariffs aren’t working

    New data shows they haven't helped the steel and aluminum industries as Trump promised they would.

  • Asia Stocks Drop Amid Earnings; Aussie Bonds Rise: Markets Wrap
    Bloomberg37 minutes ago

    Asia Stocks Drop Amid Earnings; Aussie Bonds Rise: Markets Wrap

    (Bloomberg) -- Stocks in Asia tracked losses seen in the U.S. session amid a flurry of corporate earnings and lingering concern over the Sino-American trade dispute. Treasuries retained an advance.Decline among Japanese shares put the Topix index on course for a fourth day of losses. A drop in South Korean and Australian equities was more modest. Futures on the S&P 500 Index dipped after U.S. shares sank on Wednesday. Netflix Inc. tumbled after it reported a surprise loss of U.S. customers in the second quarter. Benchmark Treasury yields held at 2.05% with Australian bonds tracking the overnight gain in U.S. debt. Oil extended this week’s slide.With just two weeks until the Federal Reserve’s policy meeting when investors expect an interest-rate cut, the central bank’s anecdotal Beige Book report suggested the outlook was generally positive and the labor market remains tight -- but companies are still struggling to pass on higher wages and tariff-related costs to customers. Monetary policy decisions in South Korea and Indonesia will be in focus Thursday in addition to earnings from Taiwan Semiconductor and China Evergrande.While early indications are usually unreliable when it comes to corporate profits, investors have closely watched those reports for clues on the state of the world’s largest economy amid the threat of a trade war. Investors in Asia largely took comments from President Donald Trump in their stride after he said more tariffs on China are possible.“Stocks’ strong gains are finally succumbing to profit-taking,” said Alec Young, managing director of global markets research at FTSE Russell. “Earnings and guidance so far have been mixed and, given the big run-up, it’s no surprise there’s little investor tolerance for even a hint of disappointment.”Elsewhere, oil sank after a mixed U.S. government report showed a surprising drop in fuel demand last week. Bitcoin climbed, while still trading below $10,000.These are the main moves in markets:StocksFutures on the S&P 500 dipped 0.1% as of 9:03 a.m. in Tokyo. The underlying gauge lost 0.7% Wednesday.Japan’s Topix index fell 0.7%.South Korea’s Kospi index dropped 0.1%.Australia’s S&P/ASX 200 Index lost 0.1%.CurrenciesThe yen was at 107.93 per dollar.The offshore yuan was steady at 6.8785 per dollar.The euro bought $1.1228.BondsThe yield on 10-year Treasuries remained at 2.05%.Australia’s 10-year yield fell four basis points to 1.35%.CommoditiesWest Texas Intermediate crude fell 0.4% to $56.58 a barrel.Gold was little changed at $1,424.72 an ounce.\--With assistance from Rita Nazareth and Vildana Hajric.To contact the reporter on this story: Adam Haigh in Sydney at ahaigh1@bloomberg.netTo contact the editors responsible for this story: Christopher Anstey at canstey@bloomberg.net, Joanna OssingerFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Dow Jones Futures: Netflix Dives On Subscriber Miss As IBM, eBay Eye Buy Zones
    Investor's Business Daily9 minutes ago

    Dow Jones Futures: Netflix Dives On Subscriber Miss As IBM, eBay Eye Buy Zones

    Dow Jones futures: Netflix dived late after subscriber growth badly missed views. IBM stock and eBay stock signaled possible moves into buy zones on earnings.

  • Barrons.com2 hours ago

    Netflix Stock Tumbles After U.S. Subscribers Drop for the First Time in Years

    (NFLX) just saw its first decline in paid U.S. subscribers since 2011. During the quarter, its paid subscriber base in the U.S. went from 60.2 million to 60.1 million. The slight drop in Netflix’s U.S. subscriber base, combined with fewer-than expected international adds in the second quarter, sent the company’s stock (ticker: NFLX) tumbling 12% in after-hours trading Wednesday.

  • Barrons.com3 hours ago

    The Dow Dropped 116 Points Because of Lackluster Earnings and No China Trade Deal

    All three major U.S. stock indexes slipped on Wednesday as lackluster earnings raised concern about the industrial sector of the economy. Investors are still digesting the comments from President Donald Trump that a U.S.-China trade deal might not happen anytime soon.

  • Stocks notch back-to-back losses and Dow transports shed 3.6%
    MarketWatch4 hours ago

    Stocks notch back-to-back losses and Dow transports shed 3.6%

    U.S. stocks end lower for a second straight session Wednesday as investors digest mixed earnings results and economic data, while a lack of progress on the Beijing-Washington tariff dispute remained a headache.

  • Motley Fool4 hours ago

    What Happened in the Stock Market Today

    See why CSX dropped and Cintas popped on a down day for the broader markets.

  • Head of the world’s largest hedge fund says a ‘paradigm shift’ in markets now makes gold a good bet
    MarketWatch4 hours ago

    Head of the world’s largest hedge fund says a ‘paradigm shift’ in markets now makes gold a good bet

    Ray Dalio is jumping on the gold bandwagon. That’s ultimately the upshot of a nearly 7,000-word screed, written by the founder of Bridgewater Associates in a LinkedIn blog.

  • EBay stock rises after earnings beat
    MarketWatch4 hours ago

    EBay stock rises after earnings beat

    EBay Inc. shares rose 3.6% in the extended session Wednesday after the company beat earnings expectations.

  • Reuters5 hours ago

    US STOCKS-Wall St falls as CSX results signal damage from trade tensions

    U.S. stock indexes fell on Wednesday as weak results from CSX Corp stoked concerns that the protracted trade war between the United States and China could hurt corporate earnings. CSX shares tumbled 10.3%, their biggest one-day drop since 2008, after the rail freight company posted lower-than-expected quarterly profit and cut its full-year revenue forecast.

  • Trump credits ‘vicious’ congresswomen for rise in poll as he heads to campaign rally
    MarketWatch5 hours ago

    Trump credits ‘vicious’ congresswomen for rise in poll as he heads to campaign rally

    President Donald Trump on Wednesday thanked a quartet of Democratic congresswomen for a bump in his poll numbers, showing no sign of backing away from a high-profile feud as he headed for a campaign rally in North Carolina.

  • Junk-bond ETF holdings could top $52.7 billion record ahead of expected rate cuts
    MarketWatch5 hours ago

    Junk-bond ETF holdings could top $52.7 billion record ahead of expected rate cuts

    Investors are pouring money into exchange-traded funds that track junk-rated corporate bonds, using exposure to debt-laden companies as a ‘stock replacement’ strategy

  • MarketWatch5 hours ago

    Stocks book back-to-back losses; Dow transports tumble 3.6% as CSX shares plunge

    U.S. stocks finished lower Wednesday, extending losses into the close of trade, adding to a drop spurred by President Trump's downbeat comments on China trade negotiations. A report from the Federal Reserve's Beige Book, also reinforced fears that trade worries remain a top concern, even as the economy continues to chug along. The Dow Jones Industrial Average closed down 115 points, or about 0.4% to 27,220. The S&P 500 lost about 20 points, or 0.7%, to close at 2,984. The Nasdaq fell more nearly 40 points, or 0.5%, touching 8,185. Investors digested another round of corporate earnings, including better-than-expected results from Bank of America Corp. . Government data on the pace of new-home construction was weaker than economists had expected. Separately, the Dow Jones Transportation Average finished down 3.6% weighed by rail transport-services company CSX Corp. whose CEO said that the current economic environment was the most 'puzzling' of his career.

  • Reuters5 hours ago

    GLOBAL MARKETS-Trade, earnings worry drag on stocks; U.S. Treasury yields fall

    A gauge of global equities retreated for a second straight session and U.S. Treasury yields fell as simmering trade concerns gained steam and the pace of the U.S. corporate earnings season picked up. On Wall Street, CSX Corp was one of the biggest drags on the benchmark S&P 500 index. The results come after U.S. President Donald Trump renewed his threat to tax another $325 billion of Chinese goods on Tuesday, which weighed on stocks.

  • Major Stock Indexes Continue Slump, But Software Sector Regains Its Mojo
    Investor's Business Daily6 hours ago

    Major Stock Indexes Continue Slump, But Software Sector Regains Its Mojo

    Major stock indexes continued to slump late Tuesday, as nervous investors awaited earnings results for IBM and Netflix. Software stocks rebounded.

  • There’s light at the end of the tunnel for small caps, analysts say
    MarketWatch6 hours ago

    There’s light at the end of the tunnel for small caps, analysts say

    The Russell 2000 index (RUT) which comprises roughly 2,000 U.S. companies with market capitalizations below $10.1 billion and a median market value of $791 million, hit a record high way back in August of 2018, before entering a bear market that sent the index as much as 27.2% lower last December. Steven DeSanctis, equity strategist at investment bank Jeffries Group, wrote in a note to clients Wednesday that while he doesn’t see the Russell hitting a new record this year, he has raised his year end target for the small-cap index to 1,665, or a 6.4% increase in the second half of 2019, compared with flat growth for the S&P 500. “Our relative valuation model now stands in the 17th percentile, and the last time small was this cheap was back in mid 2003,” he wrote.

  • The CEO of railroad giant CSX says he’s baffled by the U.S. economy
    MarketWatch7 hours ago

    The CEO of railroad giant CSX says he’s baffled by the U.S. economy

    ‘The present economic backdrop is one of the most puzzling I have experienced in my career,’ CSX Corp. CEO James Foote says.

  • MarketWatch7 hours ago

    Victoria's Secret is losing Instagram 'likes' to competitors

    Victoria's Secret is losing its likes, according to UBS analysts, who conducted a social media analysis of a number of apparel brands. The data shows that the L Brands Inc. lingerie brand saw its Instagram "likes" fall 34% year-over-year. Meanwhile, American Eagle Outfitters Inc.'s Aerie gained steam, as did a few other lesser-known brands. "For example, Fashion Nova, an apparel retailer which posts similar type of imagery as Victoria's Secret does, has made exceptional gains on Instagram," UBS said, noting that Fashion Nova had 37 million likes in June. "We think the market would be surprised to learn Fashion Nova generated more likes than any other brand or retailer we track in this study." Rapper Cardi B has a collection with Fashion Nova. Victoria's Secret, which has fallen out of favor, has struggled to get back on trend. L Brands stock is up 3% for the year to date while American Eagle Outfitters has fallen 6.7% and the S&P 500 index has gained 19.6%.

  • Oil stocks have lagged the S&P 500 in 2019 but Wall Street loves them
    MarketWatch8 hours ago

    Oil stocks have lagged the S&P 500 in 2019 but Wall Street loves them

    Seven of the 10 stocks with the highest upside potential over the next 12 months, based on analysts’ price targets, are in the oil business.

  • Investing.com8 hours ago

    Stocks- Trade Worries Drag Market Lower

    Investing.com - You normally don't think much about railroads, but they move goods from Point A to Point B.

  • Reuters8 hours ago

    US STOCKS-Wall St falls as railroads slide after CSX signals trade impact

    U.S. stock indexes retreated for the second day on Wednesday as weak results from CSX Corp pressured railroad stocks and highlighted the wide-ranging impact of the protracted trade war between the United States and China. Shares of CSX tumbled 10.7% and were set for their biggest one-day drop in nearly 17 years, after the company posted lower-than-expected quarterly profit and cut its full-year revenue forecast. Rival Union Pacific Corp slipped 5.7%, weighing heavily on the benchmark S&P 500 while Kansas City Southern fell 4.4%.

  • Here’s what smart rich people really do with their nest egg
    MarketWatch8 hours ago

    Here’s what smart rich people really do with their nest egg

    Most people think they’re above average in intelligence, relationship status and professional achievement. Social scientists call this “illusory superiority.” My business partner Scott Puritz, has found the one area where even above-average people, objectively smart, rich, successful professionals, seem to wave the white flag and admit to not understanding — money and investing. “One of the most shocking things is the low-level financial literacy throughout our culture,” Puritz told the Washington Post.