|Day's Range||2,567.56 - 2,575.44|
|52 Week Range||2,083.79 - 2,575.44|
"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.
Joe Zidle, Richard Bernstein Advisors, and Darrell Cronk, Wells Fargo Investment Institute (WFII) president, provide insight to the market's record run. This is an environment to be bullish, says Zidle.
U.S. stock futures are pointing to a slightly higher open for Wall Street on Monday, while Japanese stocks jump after a landslide election victory for Prime Minister Shinzo Abe.
U.S. stock index futures pointed to a slightly higher open Monday, as investors geared up for a batch of earnings, while keeping an eye for news surrounding the Fed.
U.S. stock futures inch higher on Monday, setting Wall Street on track for a round of fresh records as traders continue to cheer the prospects of tax reform and a better-than-expected earnings season.
Japanese Prime Minister Shinzo Abe's convincing election victory lifted the Nikkei to its highest in 21 years and world stocks to an all-time high on Monday, despite an escalation of Spain's constitutional crisis that weighed on the country's banks. Fresh optimism about tax cuts in the United States had pushed Wall Street to a new record on Friday, while President Donald Trump indicated that the re-appointment of Federal Reserve Chair Janet Yellen was still a possibility. The pan-European STOXX 600 was down 0.1 percent while Spain's benchmark IBEX fell 0.7 percent, with banks taking the most points off the index.
TOKYO (AP) — Global trading was muted Monday, but Japan's benchmark rose on the back of a parliamentary election victory by Prime Minister Shinzo Abe's Liberal Democrats, who had promised stability and growth.
Nine months into his presidency, Rex Nutting says it’s time to grade the economy and the markets against Trump’s bragging.
Japanese equities continued their winning streak on Monday after a landslide victory for Prime Minister Shinzo Abe sent the Nikkei up more than 1%.
The biggest bull on Wall Street is expecting a pause in the record-setting rally as equity prices already reflect earnings growth expectations.