|Day's Range||2,554.69 - 2,559.71|
|52 Week Range||2,083.79 - 2,559.71|
The Federal Reserve, American Express, and eBay will be the big stories on Wednesday as tax reform continues to dominate the Washington-related headlines.
Netflix, Morgan Stanley, Goldman Sachs and Boeing are the stocks we're watching today
Jonathan Golub, Credit Suisse chief US equity strategist, discusses what to buy at record highs as well as his S&P 500 price target.
Asian shares consolidated recent gains and currencies kept to tight ranges on Wednesday as the opening of China's Communist Party conference produced more in the way of aspirational politics than concrete policies. The twice-a-decade congress is expected to cement the power of President Xi Jinping, who kicked off the week-long event with a wide-ranging speech in which he said the market would be allowed to play a decisive role in allocating resources. China's blue-chip CSI300 index added 0.5 percent in reaction, while Shanghai stocks rose 0.3 percent.
Investors in the region looked to China's Party Congress for signs on future policy direction in the world's second-largest economy.
TOKYO (AP) — Asian shares were mixed on Wednesday, as some indexes got a boost from overnight gains on Wall Street. Japan's benchmark held steady as expectations grew that a likely ruling party win in Sunday's Japanese parliamentary elections will help stability and growth. The Shanghai Composite index advanced as China's ruling communists began a congress that is due to give President Xi Jinping a second, five-year term.
Dow laggard IBM surged in overnight trading on a forecast for sales growth. Lam Research kicked off this week's chip earnings with a 91% profit gain.
IBM Corp. somehow managed to maintain its rock-bottom effective tax rate and enjoyed an earnings beat and stock gains Tuesday afternoon thanks to a continuing ability to avoid taxes.
The Dow Jones Industrial Average crept above 23000 for the first time, buoyed by gains in shares of health-care companies.
Swiss investor Marc Faber has doubled down on racially charged remarks suggesting that the U.S. would be in a worse if it had been colonized by blacks instead of whites.
The Dow Jones Industrial Average briefly broke above the 23,000-point mark for the first time on Tuesday, driven by strong earnings from UnitedHealth and Johnson & Johnson, but finished the session just below that milestone. The Dow may in the near term have a difficult time sustaining a move above 23,000, said Robert Pavlik, chief market strategist at Boston Private Wealth in New York. Recent strong economic data and renewed hope that President Donald Trump may be able to make progress on tax reform also have helped lift stocks in recent weeks.
The Dow Jones Industrial Average briefly broke above the 23,000-point mark for the first time on Tuesday, driven by strong earnings from UnitedHealth and Johnson & Johnson, but finished the session just below that milestone. The Dow may in the near term have a difficult time sustaining a move above 23,000, said Robert Pavlik, chief market strategist at Boston Private Wealth in New York.
___ Senators reach deal on resuming payments to health insurers Key senators have reached a breakthrough deal on resuming federal payments to health insurers that President Donald Trump has blocked. Insurers ...
Stocks hit new highs today, even as the Dow failed to hold 23,000. The Dow Jones Industrial Average rose 40.48 points, or 0.2%, to 22,997.44 after trading over 23,000 for the first time. It was also the Dow's 50th record close of 2017.
The U.S. stock market plunged into a bear market in a single day on October 19, 1987. Here’s how some analysts, traders and strategists remember that moment.
The stock market of 2017 is very different than the market of 1987, when a historic one-day collapse occurred, and one of the biggest changes is the now-ubiquitous presence of ETFs.
W.W. Grainger (GW) soared to the top of the S&P 500 today after the supplier of maintenance, repair and operating products posted better-than-expected third-quarter profit. Wells Fargo’s Allison Poliniak explained the sentiment that drove the stock’s big move.