|Day's Range||27,745.85 - 28,294.74|
|52 Week Range||26,663.25 - 33,484.08|
President Trump says he’s ready to impose tariffs on all $500 billion worth of Chinese imports. Yahoo Finance’s Seana Smith, Andy Serwer, Myles Udland and Pras Subramanian discuss.
Asian stocks finished mostly higher Friday, aided by a drop in the Chinese yuan against the U.S. dollar, but trade uncertainty continued to weigh on global markets.
Early earnings news from Microsoft, Intuitive Surgical and VF Corp. on Friday countered the weak global trade that followed new trade threats from the White House. The Dow and S&P 500 opened lower, as they sought their third straight weekly gains.
After regaining strength last week, China’s Shanghai Composite Index started this week on a weaker note and declined in the first four trading days. Carrying forward the weakness, the Shanghai Composite Index opened lower on Friday and regained strength as the day progressed. The Shanghai Composite Index rebounded on Friday and recovered most of the losses incurred this week.
While the Loonie is on for a move later today, with inflation and retail sales figures expected to support a more hawkish BoC, trade war jitters will continue to grab the headlines, with stats elsewhere on the lighter side through the day.
Stocks shifted lower Thursday. On the Dow, American Express, Traveler's and IBM reported Q2 results. Cisco gained on Amazon news, and markets looked toward DOJ hearings on auto tariffs.
China’s Shanghai Composite Index started this week on a weaker note and declined in the first three trading days of the week. The Shanghai Composite Index opened higher on July 19. However, the index lost strength as the day progressed and closed lower.
Employment numbers give the Aussie Dollar a boost as focus shifts to today’s stats out of the UK. Another set of weak numbers and the Pound could be looking at sub-$1.30 levels, progress on Brexit doing few favors.
Morgan Stanley, United Continental and railroad CSX were among Wednesday's early earnings beats, but a rising dollar and pending testimony from Fed Chief Powell kept early trade in check.
China’s Shanghai Composite Index closed higher last week and broke the seven-week losing streak. However, the Shanghai Composite Index started this week on a weaker note and declined in the first two trading days amid the weak market sentiment. The Shanghai Composite Index opened slightly higher on July 18, lost strength as the day progressed, and closed the day at one-week low price levels.
Upward momentum in the Dollar resumed following Powell’s testimony on Tuesday, with today’s testimony and noise from the Oval Office likely to influence, with inflation numbers out of the UK to hit the Pound.
Asian stocks are poised to advance after an upbeat assessment on the economy from Federal Reserve Chairman Jerome Powell lifted U.S. shares. The dollar rallied and Treasuries were little changed.
Equities rose, led by gains in financials and industrial companies, after Morgan Stanley earnings beat forecasts, helping to offset a slide in tech stalwarts such as Apple and Microsoft. The peso swung ...
Netflix led tech stocks lower early Tuesday as Johnson & Johnson, Goldman Sachs and UnitedHealth Group reported and markets looked toward Senate testimony from Fed Chief Powell.