|Day's Range||2,912.99 - 2,932.59|
|52 Week Range||2,346.58 - 2,964.15|
NatWest Markets Chief U.S. Economist Michelle Girard joins Jen Rogers, Myles Udland and Andy Serwer to discuss the timing of the Fed rate cuts and the outlook for the U.S. economy.
A new Bankrate study shows that 40% of Americans believe the recession has already begun, and 28% of Americans don't have an emergency fund. Bankrate.com Chief Financial Analyst Greg McBride joins Yahoo Finance's Zack Guzman and Sibile Marcellus, along with Beth Comstock, former GE Vice Chair and ‘Imagine It Forward’ author, to discuss.
All things considered, the U.S. economy is doing pretty well. Unemployment is at a 50-year low, and the GDP’s 2.9 percent growth in 2018 was its best annual performance since the last recession. But the strong economy isn't enough for some 40% of Americans who believe the next recession is already here. Yahoo Finance's Sibile Marcellus, Dan Roberts, Melody Hahm, and Myles Udland discuss the latest study from Bankrate on Americans' financial preparedness in the event of a recession.
Yahoo Finance's Emily McCormick says that trade talks with China were set back after Mnuchin's correction on CNBC saying that "we were about 90% of the way’ done with a deal.
Dow Jones futures fell on a new Boeing 737 Max risk. Wedbush initiated AMD stock, Intel stock, Nvidia stock after a stock market rally fizzled Wednesday.
President Donald Trump says the alternative to a trade pact with China is simple: collect tariffs and do less business with the second-largest economy.
Certain experiences at Star Wars: Galaxy’s Edge come with strict policies for latecomers and no-shows.
China is reported to have presented the U.S. with a list of demands to get a trade deal done, but the Dow would likely be little changed if Boeing stock wasn’t down more than 5% after a new problem with its 737 Max was discovered.
Wall Street futures slide amid reports that suggest China will demand a host of concessions from President Donald Trump in order to resume trade talks between the world's two biggest economies. Boeing shares slump after FAA finds new 737 MAX risk, taking more than 150 points from Dow's opening bell gain. The South China Morning Post, however, reports that US and China officials are preparing press releases that would indicate a delay in new tariffs and a commitment to extended dialogue.
Your retirement plan is most at risk right when you’re about to realize the fruits of your labor. Make sure a market downturn doesn’t get in the way.
For weeks I heard from folks on television that the market was bearish because Utes were leading. The Utes typically top out before the major indexes do, so they are a warning sign when they start to go down, not when they are going up and making new highs. Wednesday the Utes lost 2%, which is their biggest daily loss since January.
Donald Trump has called a meeting where the outcome is beyond his control. We expect Xi to exercise his unilateral power to refuse any concessions to the United States, writes Carl Weinberg.
A Wall Street price target on a stock is, at best, a signal of market sentiment. But investors should instead focus on evaluating business models and management teams.
General Electric is an amazing story—it’s just not clear whether it has a happy ending. Here’s an in-depth look at what GE stock bulls and bears say about the shares.
A new high for the U.S. stock market before a trade deal with China is completed was a surprise, even though we had another “90% done” quote from the Trump administration this week. The moral here is never to underestimate the ability of the Twitter account of the U.S. president to create a short squeeze in stocks, particularly if the Federal Reserve has already more or less promised that a July federal funds rate cut is coming. Despite the weakening of manufacturing indexes in the U.S. to 10-year lows, it is rather telling that if one were to compare the largest junk bond ETF by assets, the iShares IBoxx $ High Yield Corporate Bond ETF (HYG) with the largest stock ETF, the SPDR S&P 500 SPDR (SPY) one would see similar strong performance.
Asian share markets turned higher on Thursday following a media report the United States and China have tentatively agreed to a truce in their trade war, ahead of a closely-watched meeting between the two nations this weekend. The South China Morning Post (SCMP), citing sources, said in Washington and Beijing were laying out an agreement that would help avert the next round of tariffs on an additional $300 billion of Chinese imports. On Wednesday, U.S. President Donald Trump said a trade deal with his Chinese counterpart Xi Jinping was possible this weekend though he was prepared to impose tariffs on virtually all remaining Chinese imports if talks fail.
Risk appetite returned to world markets on Thursday following a media report the United States and China have tentatively agreed to a truce ahead of a highly-anticipated weekend meeting of the two nations' leaders in Tokyo. The South China Morning Post (SCMP), citing sources, said Washington and Beijing were laying out an agreement that would help avert the next round of tariffs on an additional $300 billion of Chinese imports. On Wednesday, U.S. President Donald Trump said a trade deal with his Chinese counterpart Xi Jinping was possible this weekend, though he was prepared to impose tariffs on virtually all remaining Chinese imports if talks fail.
One of the critiques of the Trump administration’s tariff policy on China is that while it raises the cost of doing business in one low-cost country, it just pushes multinationals to do business in another. Now, President Donald Trump is saying he might go after Vietnam as well.