|Day's Range||2,792.56 - 2,804.61|
|52 Week Range||2,257.02 - 2,807.54|
Don't call it a comeback... The Dow surging over 300 points on its way to reclaiming 26,000.
Jan.18 -- Devin Ryan, senior research analyst at JMP Securities, discusses earnings from Morgan Stanley. He speaks with Vonnie Quinn on "Bloomberg Markets."
A wild day for markets on Tuesday may have felt like the beginning of the end. But the data shows that even after reversals, stocks tend to go up.
U.S. stock indexes edged lower in morning trading Thursday, pulling back slightly from the market's latest record highs. Losses in health care, industrial and other sectors were outweighing gains by phone and technology companies. Energy stocks also fell as crude oil prices declined.
U.S. stock benchmarks trade lower late-Thursday morning, fresh off a record run for the three main indexes.
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.
Investors are keeping a close eye on corporate earnings reports, given the runup in stock valuations. Morgan Stanley (MS.N) wrapped up earnings season for the big U.S. banks with a better-than-expected profit, but its shares were little changed. At 10:53 a.m. ET, the Dow Jones Industrial Average (.DJI) was down 77.54 points, or 0.3 percent, at 26,038.11, the S&P 500 (.SPX) was down 4.39 points, or 0.16 percent, at 2,798.17 and the Nasdaq Composite (.IXIC) was down 5.33 points, or 0.07 percent, at 7,292.95.
On January 17, 2018, Overstock (OSTK) moved higher as its subsidiary, tZERO, announced that it had chosen KODAKCoin as its first offering for its security token platform. The third-party security token will be launched on tZERO’s trading platform in fiscal 1Q18. According to the press release, tZERO will be providing various services like end-to-end advisory and trading services along with help on the technical implementation of KODAKCoin and know-your-customer verification services.
The U.S. stock market has enjoyed strong gains thus far in 2018, with nearly every one of the 11 primary S&P 500 sectors higher on the year. However, one sector, which has been lagging behind the market ...
Don Taylor of the $19.4 billion Franklin Rising Dividends Fund seeks companies with especially strong businesses.