|Day's Range||2,707.38 - 2,731.97|
|52 Week Range||2,403.59 - 2,872.87|
Yahoo Finance’s Seana Smith and Jared Blikre discuss investors’ reaction to Trump canceling his meeting with North Korea’s Kim Jong Un, as well as the other big headlines moving the market on Thursday.
Here’s a quick wrap up of other headlines making news today.
U.S. stocks mostly eased on Thursday after President Donald Trump canceled a planned summit with North Korea's Kim Jong Un and ordered a probe of auto imports, while gains in Netflix pushed its market value to a record. The auto probe, ordered on Wednesday, added to worries of another potential trade conflict when tensions with China simmered.
Harvey Weinstein is expected to surrender to authorities on Friday on sexual-misconduct charges, according to reports Thursday afternoon. The disgraced movie mogul has been the subject of criminal probes ...
"Looking at the last 20 years — all cases of higher interest rates have been met with a market that's gone higher," investor Bill Miller said, according to notes from a call published May 15. For example, Miller pointed out that d uring the bull market of 1980, bond yields rose 210 basis points and the market was up 26 percent. Higher interest rates are good for the stock market, noted investor Bill Miller said in call about the first quarter for markets.
traded lower Thursday after Donald Trump called off a summit meeting planned for next month with North Korea leader Kim Jong Un. fell 7.7% despite quarterly profit beating Wall Street estimates. Weekly U.S. jobless claims rose 11,000 to 234,000, a seven-week high.
Shares of Hormel Foods Corp. and Sanderson Farms Inc. fell more than 4% Thursday after their quarterly earnings came in short of expectations with both highlighting the inflationary pressures that have weighed on many food companies this season. Sanderson Farms’ stock(SAFM)was down 4.8% and is down about 27% on the year.
North Korea was in the headlines again Thursday, and the stock market wasn't all that keen on the news — at least in the early going. The Dow Jones lagged, weighed down by weakness in Exxon Mobil and Chevron.
The market bears are still dozing as investors quickly capitalized on early losses and pushed the Nasdaq back near break-even. China's ZTO Express broke out.
U.S. stocks came off their worst levels of the session in Thursday afternoon trade as gains in industrials and consumer-discretionary shares helped trim an earlier slump, which came after President Donald Trump called off a June summit with North Korean leader Kim Jong Un, citing “open hostility” from the isolated nation. The technology-centric Nasdaq Composite Index (^IXIC) was trading flat at 7,426, bouncing in and out of positive territory. Geopolitical worries hovered over markets after Trump called off the meeting that was set to take place June 12 in Singapore.
U.S. stocks dropped on Thursday, but were well off the session lows hit after President Donald Trump canceled a summit with North Korea's Kim Jong Un and threatened to impose tariffs on auto imports. Trump ...
CNBC reports that bank’s derivatives flow team netted $200 million as VIX posted historic February spikeTraders at Goldman had a good day on VIX bets. Earlier this year, Goldman Sachs booked a roughly $200 million gain in one day, partly on bets that a long-dormant gauge of volatility would surge, ending a protracted period of placidity on Wall Street. The prominent investment bank’s trading desk centered on derivative flows produced the big daily return as a so-called market maker rather than buying the assets for its own account, CNBC reported on Wednesday.
Weak economic data and uncertainty in Italy have put European markets on track for their first weekly decline since March. One market watcher says investors should be wary here. "The flashing light is still very much yellow and investors should take caution as far as European equities go," Boris Schlossberg , managing director of FX Strategy at BK Asset Management, told CNBC's " Trading Nation " on Wednesday.
U.S. President Donald Trump's move to cancel a planned June meeting with North Korean leader Kim Jong Un sent global share markets sharply lower on Thursday before they regained some footing, while auto stocks continued to decline on tariff fears. Trump, in a letter to North Korea released by the White House, called off the June 12 summit, citing "tremendous anger and open hostility" in a recent statement by the East Asian country. The cancellation came even after North Korea followed through on a pledge to blow up tunnels at its nuclear test site.
Investing confidence has more to do with you than your ageDMAMBMCMDMEMGZBZBRZDZQZRZSZTZUIt is risky to ride a bicycle blindfolded. It is risky to walk over broken glass barefoot. It is risky to drink a hot beverage without checking its temperature.
By Laila Kearney NEW YORK (Reuters) - President Donald Trump's move to cancel a planned June meeting with North Korean leader Kim Jong Un sent global shares lower on Thursday, while auto stocks continued ...
Investing.com – Wall Street slumped on Thursday after U.S. President Donald Trump called off a planned summit meeting with North Korea.The S&P 500 was down 15 points or 0.57% to 2,717.78 as of 9:49 AM ET (13:49 GMT) while the Dow composite decreased over 108 points or 0.44% to 24,778.03 and tech heavy NASDAQ Composite fell 37 points or 0.50% to 7,388.92.The White House said in a statement that it would be "inappropriate" to have a planned summit at this time. ...
While major U.S. stock-market indexes are still a few percentage points below records hit earlier this year, recent trading may feel reminiscent to 2017, when equities rose in essentially uninterrupted fashion, with little in the way of volatility. Things have gotten so calm, according to Goldman Sachs, that the quiet on Wall Street isn’t too far from record levels. Per data from the investment bank, single-stock implied volatility has dropped to 21% on a three-month basis, its lowest level since January — when the Dow and S&P 500 were last at records — and three points above all-time lows.
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day 33 years ago, Quantum Computer Sciences was founded in Delaware. Where The ...