|Day's Range||7,678.35 - 7,747.27|
|52 Week Range||6,190.17 - 8,176.08|
Cryptocurrency investors are looking to bitcoin as a safe haven investment, Tom Lee told Yahoo Finance’s On the Move.
The Office of the Comptroller of the Currency, one of the nation's top banking regulators, is telling bank boards and management to monitor their relationships in the leveraged loan market.
The S&P 500 hit a new high just three weeks ago, confirming that it’s still in a bull market. If only we could say the same thing about the Dow and other indexes.
Asian shares won some respite on Tuesday after Washington temporarily eased trade restrictions imposed last week on China's Huawei, although fears of a further escalation in tensions kept investors on edge. Financial spread-betters expect London's FTSE Frankfurt's DAX and Paris's CAC to gain between 0.3% and 0.5% when they open. China's blue-chip CSI300 index jumped 1.4%, a day after it fell to a three-month intraday low as Washington allowed Huawei Technologies Co Ltd to purchase American-made goods in order to maintain existing networks and provide software updates to existing Huawei handsets until Aug. 19.
BEIJING (AP) — Asian stocks were mixed Tuesday after anxiety over U.S. restrictions on sales to Chinese tech giant Huawei pulled Wall Street lower.
Tech was one of the hardest-hit sectors Monday. The Dow Jones Industrial Average fell 0.33% to close at 25,679.90. The S&P 500 tumbled 0.67% to end at 2840.23, and the Nasdaq Composite dove 1.46% to close at 7702.38.
These four stock market leaders beat big declines in the tech sector. Health care and telecom stocks helped cut the Dow Jones Industrial Average decline.
Global equity markets fell on Monday as a U.S. crackdown on China's Huawei Technologies led chipmaker stocks in Europe and on Wall Street to slide on fears of a widening trade war, while the dollar was steady before fresh insight on the Federal Reserve's interest rates policies this week. China accused the United States of harboring "extravagant expectations" for a trade deal, underlining the gulf between the two sides as the U.S. action last week against Huawei began to hit the global tech sector. Alphabet Inc's Google suspended some business with Huawei, Reuters reported, and Lumentum Holdings Inc, a major supplier of Apple Inc's face ID technology, said it had discontinued all shipments to Huawei.
U.S. stocks finish lower Monday as souring U.S.-China trade relations continued to weigh on sentiment with technology shares taking the brunt of the selling pressure.
U.S. stocks slid on Monday as the White House's restrictions on Chinese telecoms equipment maker Huawei Technologies Co Ltd weighed on the technology sector and raised concerns that the move would further inflame trade tensions between the United States and China. Since the White House added Huawei to a trade blacklist last week, several companies have suspended business with the world's largest telecom equipment maker.
U.S. stocks closed lower Monday, with technology shares leading major benchmarks to their second straight losing session. The S&P 500 fell roughly 0.7% to end at 2,840, while the Dow Jones Industrial index shed 0.3% to about 25,679. The Nasdaq Composite index retreated 1.5% to approximately 7,702. Concerns over U.S.-China trade relations deepened after U.S. technology companies began complying with new export restrictions instituted last week by the Trump administration against China's Huawei Technologies Inc. Chip makers, including Qualcomm Corp. and Intel Inc. , were dragged lower as they reportedly froze supplies of components to Huawei. Meanwhile, media reports over the weekend suggested that the U.S. and China are at an impasse in trade negotiations, with the timing of the next meeting between leaders of the world' largest economies still undecided. In corporate news, shares of Sprint Corp. rose 18.5% after FCC Chairman Amit after Federal Communications Chairman Ajit Pai issued a statement Monday endorsing its planned merger with T-Mobile US Inc. , though a report Monday afternoon suggested the Justice Department may take a more skeptical stance to the takeover.
U.S. stocks slid on Monday as the White House's restrictions on Chinese telecom equipment company Huawei Technologies Co Ltd weighed on the technology sector and raised concerns that the move would further ...
U.S. stocks slid on Monday as the White House's restrictions on Chinese telecom equipment company Huawei Technologies Co Ltd weighed on the technology sector and raised concerns that the move would further inflame trade tensions between the United States and China. Since the White House added Huawei to a trade blacklist last week, several companies have moved to suspend business with the world's largest telecom equipment maker. Alphabet Inc's Google has moved to stop providing Huawei with access to its proprietary apps and services, Reuters reported on Sunday.
Stocks continued to trade underwater heading into the last hour of Monday's trade with chips dragging down the tech-heavy Nasdaq composite.
Mike Wilson, chief U.S. equity strategist at Morgan Stanley, writes in a research note dated Sunday, that the 2018 market rally, subsequent correction and early-2019 recovery have masked the fact that since June, the defensive utilities, real estate and consumer-staples sectors have led the S&P 500 index on a total return basis.
The technology sector led stocks lower Monday, with semiconductor and telecom equipment industries some of the hardest hit.
With seemingly no end in sight to tariff tensions, more investors are feeling rattled about the prospect of a prolonged trade war, which many worry could hurt the global economy and corporate profits.
U.S. stocks fell on Monday, as Washington's crackdown on China's Huawei Technologies stoked fears about a hit to the broader technology sector and ratcheted up trade tensions between the world's two largest economies. Apple Inc slumped 3.3%, weighing the most on the three main indexes and driving down the S&P 500 technology sector 1.27%, the biggest drop among the six S&P sectors trading lower.
All of the major equity indices posted losses Friday with negative internals on higher volume. No support levels were violated but the S&P 500, Nasdaq Composite, Nasdaq 100 and Dow Jones Transports closed back below their 50-day moving averages that they had recouped in the prior session. The cumulative advance/decline lines have shifted a bit with the All Exchange and Nasdaq back to neutral while the Nasdaq has closed below its 50 DMA.
Ford is unveiling new details of its staffing plans, including cutting 7,000 white collar jobs. Yahoo Finance's Alexis Christoforous, Brian Sozzi and Scott Gamm speak with David Leduc of Mellon Investments about the latest market news.