|Day's Range||2,798.08 - 2,806.36|
|52 Week Range||2,257.02 - 2,807.54|
Yahoo Finance’s Rick Newman speaks to Alexis Christoforous on how the markets did better in Obama’s first year in office than in Trump’s.
Companies are starting to lay out just how much shareholders will benefit from lower corporate taxes. The answer is: a lot.
World equity markets climbed to a record on Friday as the U.S. dollar languished near three-year lows and a U.S. government shutdown loomed, while U.S. Treasury yields continued their steady rise to hit their highest levels since September 2014. President Donald Trump postponed plans to leave Washington while the U.S. Congress faced a midnight deadline to come up with funding legislation to avoid the shutdown. Legislation to stave off an imminent federal government shutdown encountered obstacles in the Senate on Thursday night, despite the passage of a month-long funding bill by the House of Representatives hours earlier.
Chip-equipment stocks have led the market this week on strong earnings and guidance. Applied Materials, Lam Research, Ichor and Electro Scientific are near buys.
Nvidia (NVDA) is the leader in AI (artificial intelligence) technology. The chipmaker’s GPU (graphics processing unit) chips are increasingly becoming critical components of AI systems in cars and data centers. The company’s revenues from its data-center segment came in at $501 million in fiscal 3Q18 (ended October 2017).