|Day's Range||2,574.65 - 2,578.29|
|52 Week Range||2,083.79 - 2,578.29|
"Although economic data are extremely strong now, an ISM reading above 60 typically marks the peak of growth and presages economic and equity deceleration," Goldman Sachs observed.
Stocks also got a boost on Friday after the Senate passed a budget resolution, lifting hopes that President Donald Trump's tax plans may move forward. Corporate earnings have got off to a strong start, with nearly three quarter of the 88 S&P companies beating profit expectations. "Investors are being cheered on by the global markets after the Japanese election," said Peter Cardillo, Chief Market Economist at First Standard Financial in New York.
Wall Street indexes hovered at record levels on Monday as investors cheered the continuation of "Abenomics" following Japanese Prime Minister Shinzo Abe's emphatic win in the weekend polls. The market has had a strong run, with the Dow breaking the 23,000 milestone last week on strong earnings. Stocks also got a boost on Friday after the Senate passed a budget resolution, lifting hopes that President Donald Trump's tax plans may move forward.
U.S. stocks struggle to hold above record levels following a wining streak that propelled the Dow and S&P 500 to all-time highs last week.
Shares of disk-drive maker Seagate Technlogy Plc surged 12% in early trade Monday, after the company handily beat earnings estimates for its fiscal first quarter. Seagate said it had net income of $181 ...
McDonald’s Corp. is expected to announce third-quarter earnings on Oct. 24 before the opening bell.
High-profile smartphone releases and the growth of data centers are expected to drive another strong earnings quarter for chip makers and related companies, which would put a cap on a strong year for semiconductor ...
Equifax Inc.'s stock shed 0.9% in morning trade Monday, after the credit reporting company was downgraded at RBC Capital, which cited continued uncertainties surrounding the effects of the massive data ...
U.S. stock-market indexes were trading in record territory on Monday, after modest opening gains, as traders continued to cheer the prospects for tax cuts and a stronger-than-expected earnings season.
Japanese Prime Minister Shinzo Abe's election victory lifted world stocks and the dollar on Monday, relegating concerns about Spain's escalating political crisis to little more than a blip on the market radar. Abe's emphatic win, which heralds a continuation of Japan's hyper-easy monetary policy, kept risk-on bets in play after fresh optimism about tax cuts in the United States had pushed Wall Street to a new record on Friday. President Donald Trump also indicated that the re-appointment of Federal Reserve Chair Janet Yellen was still a possibility.
Exactech Inc. shares surged 31% in morning trade Monday on news that the company will be acquired by private equity investment firm TPG Capital in a deal valued at $625 million. TPG Capital will acquire ...
Stocks inched up out of the starting gate Monday, with General Electric[ticker symb=GE] dragging on the Dow and Seagate Technology surging to the head of the Nasdaq.
U.S. stock indexes inched higher to hit records in early trade Monday, following through on a global rally following Japanese Prime Minister Shinzo Abe's election victory over the weekend as investors ...
The three major Wall Street indexes opened at record highs on Monday as investors cheered the continuation of Abenomics following the Japanese ruling party's emphatic win in the weekend polls. The Dow ...
The 9 major equity averages are becoming technically overbought as the Dow, S&P 500 and Nasdaq are starting to show characteristics of 'inflating parabolic bubbles' with momentum rising above 90.00.
Wall Street was set to open slightly higher on Monday as investors cheered the continuation of Abenomics following the Japanese ruling party's emphatic win in the weekend polls. Third-quarter earnings season is also in focus, with 37 percent of S&P 500 companies set to report during the week.
Halliburton, Schlumberger, McDonald's, Caterpillar and DuPont are part of Zacks Earnings Preview
Japanese Prime Minister Shinzo Abe's election victory lifted world stocks and the dollar on Monday, relegating concerns about Spain's escalating political crisis to little more than a blip on the market ...