|Day's Range||2,792.56 - 2,804.61|
|52 Week Range||2,257.02 - 2,807.54|
Companies are starting to lay out just how much shareholders will benefit from lower corporate taxes. The answer is: a lot.
U.S. stock benchmarks traded lower Thursday as investors focused on threat for a partial government shutdown as well as a fresh batch of quarterly earnings results.
Since mid-December 2017, Bitcoin prices have been trading on a downward sloping channel, also known as a descending price channel in technical analysis. As of January 17, 2018, at 3:00 PM EST, Bitcoin was trading at $10,460, which is near the lower boundary of the descending price channel. On the four-hour chart, Bitcoin pierced this lower boundary but bounced back later.
Shares on Wall Street took a breather after the strongest performance of the year for the Dow Jones Industrial Average and the benchmark S&P 500 saw the indexes close above 26,000 and 2,800, respectively, for the first time. Equities were held in check by a 2.64 percent drop in aerospace company Boeing, the best performing Dow component so far the year.
The S&P healthcare index (.SPXHC) fell 0.47 percent, mostly due to losses in Merck (MRK.N) J&J (JNJ.N) and Pfizer (PFE.N). "This might just be a little bit of a pullback, especially after yesterday's significant gain, until we get further into the earnings season," said Lindsey Bell, investment strategist at CFRA Research in New York. Investors are keeping a close eye on corporate earnings reports, given the runup in stock valuations.
A lot of fast growing Chinese companies look cheap next to comparable western companies. Aalok Devkota has adapted Warren Buffett's value investing approach to select Chinese stocks. His investment in TAL Education Group has returned 279% in 2 years. Here's what he has learned.
Shares of Ford Motor Co. end at their lowest level since late November after the car maker presented a grim picture of its profit this year and its preliminary 2017 numbers fall short.
The clock is ticking on a potential government shutdown, leaving investors to wonder what could happen to this bull run in stocks.
The U.S. stock market, which is coming off a year marked by setting milestones for strength, might not be done setting records.
Wall Street didn’t appear to like Facebook’s (FB) move to overhaul its news feed segment. Facebook stock fell 4.5% on Friday, January 12. Twitter stock jumped 4.4% on Friday and closed at $25.41 on Friday—the highest levels it has seen since December 2015.
While it has yet to show up in major indexes, one of Wall Street’s biggest fears about the new year has shown signs of coming true.
The market’s most recent gains have been powered in part by a sudden hunger for stocks among certain money managers and individual investors who have long been wary of the nearly nine-year bull market....
What Could Be Hurting Cryptocurrencies in January 2018? In 2017, key cryptocurrencies, including Bitcoin, Ethereum, Ripple, and Litecoin, showed a strong bullish movement. As of January 17, 2018, at 3:00 PM EST, Bitcoin was trading at $10,460, a loss of ~31% so far in 2018.
Investors have shrugged off the latest threat of a federal government shutdown, saying they are not worried about a major pullback in shares even if U.S. lawmakers fail to strike a deal. Republican leaders in U.S. Congress scheduled a vote on Thursday for a proposed temporary extension to fund government operations in the hope of getting it to President Donald Trump's desk before Friday's midnight deadline. Congress on Dec. 21 averted a shutdown just one day before federal funding was due to expire, sending Trump a bill to provide just enough money to keep agencies operating through Jan. 19.
A slide in health care and industrial companies helped nudge U.S. stock indexes mostly lower in afternoon trading Thursday as the market pulled back slightly from its latest record highs. Energy stocks ...
Shares on Wall Street took a breather, after the best performance of the year for the Dow and benchmark S&P 500 saw the indexes close above the 26,000 mark and the 2,800 threshold, respectively, for the first time. Equities were held in check by the energy sector, which shed 0.48 percent, dragged lower by a 2.53 percent drop in Kinder Morgan in the wake of its quarterly results.