|Day's Range||9,273.23 - 9,451.43|
|52 Week Range||7,011.47 - 9,451.43|
Eric Toner is a scientist at the Johns Hopkins Center for Health Security and was a part of a simulation, in partnership with the World Economic Forum, that posited such a disease could kill 65 million people within 18 months.
Tesla shares — unsafe at any speed? Apparently so, according to the consumer advocate and former presidential candidate, who issued a stark warning this week, not only on the pricey stock, but on the market as a whole.
U.S. equity markets have experienced downbeat trade this past week as investors keep one eye trained on a deadly flu outbreak in China.
Stanley Druckenmiller, one of Wall Street’s most successful investors, acknowledges that the markets are riding high and that investors may be able to finally breathe in the short term after a number of shocks, but says investors should be wary of three events that could knock assets into a bear market.
Bill Gates, the Microsoft co-founder, waded deep in to the hotly debated topic of taxing the wealthy to redistribute money to the have-nots — a contentious issue that Sen. Elizabeth Warren has been at the forefront of as she bids to become the 2020 Democratic presidential nominee.
The spread of the potentially deadly coronavirus could be the catalyst for a near-term stock-market pullback, analysts say.
President Donald Trump’s lawyers began delivering their opening arguments in his historic impeachment trial on Saturday, telling senators the president “did absolutely nothing wrong” and charging that Democrats are trying to keep the Republican off the ballot in the upcoming election.
Billionaire investor Paul Tudor Jones is nothing short of flabbergasted by economic and monetary policy coming from Washington. It reminds me a lot of early ’99 [when inflation was low and stock markets were soaring].
Stocks are either near valuations seen during the dot-com bubble in 2000, or are reasonably priced relative to history
With few obvious catalysts for U.S. stocks to add to their record-breaking ascent of the past year, some investors have looked to the bond market for reassurance.
The U.S. stock market has enjoyed a nearly uninterrupted assault on records, highlighted by the Dow Jones Industrial Average (DJIA) closing at a milestone above 29,000 for the first time and the S&P 500 (SPX) achieving its own landmark close above the psychological round-number at 3,300, while investors in the Nasdaq Composite Index (COMP) may have their sights trained on 10,000. The ascent for stocks has made investors uneasy, primarily, because markets are already coming off a stellar 2019 and further gains, while possible, were expected to be more subdued than the current start for major indexes in the third week of 2020.
“Where else are you going to put your money?” the Dallas Mavericks owner asked, adding that low interest rates are like universal basic income, but for rich people.
If investors think cash is king in these equity markets, they ought to think again, suggests Ray Dalio.
With the arrival of coronavirus, information that might have been relevant no longer is. Forget December’s durable-goods orders and fourth-quarter GDP. What really matters is this latest crisis.
Howard Marks, co-founder of Oaktree Capital Management, who has made billions investing in distressed debt, says that a 2020 election victory likely would be a major relief for Wall Street investors.
Stocks fell as the deadly coronavirus spread through China and the world as the Lunar New Year holiday gets underway. A second case of the coronavirus has been found in the U.S.
Stocks slid to their lowest close in over a week Friday on concern the spread of China’s coronavirus may disrupt travel and trade and slow global economic growth.
Stocks ended lower Friday, giving up early gains after authorities confirmed a second U.S. coronavirus case. The Dow Jones Industrial Average fell around 170 points, or 0.6%, to end near 28,990, according to preliminary figures, while the S&P 500 lost around 30 points, or 0.9%, to finish near 3,295. The Nasdaq Composite closed near 9,315, off around 88 points, or 0.9%. Analysts said stocks were vulnerable to a pullback as concerns rise about the potential effect of the viral outbreak on global growth. Chinese authorities have moved to restrict movement into and out of several cities, including Wuhan, the center of the outbreak. The spread of the respiratory virus in China and to other countries rattled global markets, fueling fears that the disruption to travel and trade may undermine global economic growth.
The stock market slumped on reports that suggested the CDC would announce a third case of coronavirus in the U.S. It is also keeping an eye on 60 more people who may or may not have the illness.
The stock market traded near session lows in afternoon trading Friday as the Nasdaq composite threatened to end a six-week winning streak.
Stocks opened with modest gains Friday, with the Nasdaq Composite pushing further into record territory, after a round of strong corporate earnings overshadowed worries over the spread of the coronavirus. The Dow Jones Industrial Average rose 96 points, or 0.3%, to 29,256, while the S&P 500 was up around 3 points, or 0.1%, at 3,329. The Nasdaq Composite rose 40 points or 0.4%, to 9,441 -- after posting a record finish on Thursday. Shares of Dow component Intel Corp. jumped more than 7% after reporting data-center sales late Thursday that topped Wall Street estimates. Shares of American Express Co. also powered higher, rising 5%, after reporting a fourth-quarter profit that beat expectations.
Investors are overlooking all the positives about Apple right now, says Wedbush analyst Dan Ives who has lifted his price target to $400.