|Day's Range||2,567.56 - 2,575.44|
|52 Week Range||2,083.79 - 2,575.44|
Yahoo Finance's LIVE stock market coverage and analysis.
President Trump’s closest advisers are reportedly leading him to pick Stanford economist John Taylor or Federal Reserve Board Governor Jerome Powell as the next Fed chair. However just yesterday, Trump met with Chair Janet Yellen to talk about the position and many thought he would give Yellen another term. Yahoo Finance's Alexis Christoforous, Myles Udland, and Mark Martiak of Premier Wealth First Allied Securities figure out what the strengths and weaknesses of Powell and Taylor really are.
Shares of Dow component General Electric were sharply lower Friday morning after the industrial giant delivered earnings that were way below analysts' estimates, while revenue slightly beat expectations. The company also cut its profit outlook for this year. Yahoo Finance's Alexis Christoforoous, Rick Newman and Jared Blikre discuss whether or not this once American icon can turn things around under the leadership of new CEO John Flannery.
GE CEO John Flannery has been pretty busy since taking over the helm from Jeffrey Immelt in August. Flannery has grounded all corporate jets, called off the company car program, and is expected to cut thousands of corporate-level jobs next month.
The search for the next Fed Chair is also on investors' radar as President Trump gets set to meet today with Janet Yellen, whose term end in February.
Stocks rose, extending a remarkable streak of gains. The Dow Jones Industrial Average logged its best week in more than a month.
After raging over the southern United States and Puerto Rico, remnants of hurricanes Harvey, Irma and Maria are now dampening U.S. corporate profits. Over half of S&P 500 companies reporting third-quarter results in recent weeks, including Harley-Davidson (HOG.N), Delta Airlines and Costco (COST.O), have said on conference calls with investors that the storms harmed their businesses to some degree, according to a Thomson Reuters analysis. "We estimate the impact of the hurricanes accounted for approximately 1.5 to 2 percentage points of Harley-Davidson's retail sales decline during the quarter," the motorcycle maker's Chief Financial Officer, John Olin, told investors on Tuesday after reporting a decline in quarterly profit per share.
The Dow Jones Industrial Average and S&P 500 scored a perfect week of records as progress on tax reform and a string of positive earnings reports kept investors in a buying mood.
Investors poured money into funds for technology stocks this week at the most vigorous clip since January as they look to tap into big gains this year despite persistent concerns that the trade has become ...
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 ...
U.S. stocks hit record closing highs on Friday and the S&P 500 posted a sixth week of gains after the U.S. Senate passed a budget resolution, lifting hopes that President Donald Trump's tax-cut plan may move forward. Shares of General Electric (GE.N) reversed an early drop of 6.3 percent to end 1.1 percent higher, and the S&P industrials index (.SPLRCI) also finished up 1.1 percent. The Senate's approval late Thursday of a 2018 budget blueprint could pave the way for Republicans to pursue a tax-cut package without Democratic support.
U.S. stocks hit record closing highs on Friday and the S&P 500 posted a sixth week of gains after the U.S. Senate passed a budget resolution, lifting hopes that President Donald Trump's tax-cut plan may move forward. Shares of General Electric reversed an early drop of 6.3 percent to end 1.1 percent higher, and the S&P industrials index also finished up 1.1 percent. The Senate's approval late Thursday of a 2018 budget blueprint could pave the way for Republicans to pursue a tax-cut package without Democratic support.
Stocks closed higher Friday, extending a record-setting drive for major indexes. The Standard & Poor's 500 index and Dow Jones industrial average closed out their sixth straight week of gains. Both indexes ...