|Day's Range||7,123.4863 - 7,222.9878|
|52 Week Range||5,970.2500 - 7,637.2700|
Political uncertainty will be an even bigger factor for investors as the November midterm elections approach, says Goldman Sachs.
Can the major indexes reclaim key support? Can Apple hold its 200-day? Will the 10-year Treasury yield top 3%? And is Twitter a better stock than Facebook or Google-parent Alphabet?
The Dow fell 201.95 points, or 0.8%, to 24,462.94, while the S&P 500 dropped 0.9% to 2670.14, and the Nasdaq Composite tumbled 1.3% to 7146.13. "Investors rode one big wave this week, with the S&P 500 opening higher on Monday and rallying through midday on Wednesday, then selling off from midday Wednesday through the close on Friday," writes Bespoke Investment Group's Justin Walters. The Dow advanced 102.80 points, or 0.4%, to 24,462.94 this week, while the S&P 500 rose 0.5% to 2670.14.
___ Wells Fargo fined $1B for mortgage, auto lending abuses Wells Fargo will pay $1 billion to federal regulators to settle charges tied to misconduct at its mortgage and auto lending business, the latest ...
A U.S. bond sell-off continued for a second day on Friday, pushing the 10-year Treasury yield to its highest level in more than four years and steepening the yield curve after two weeks of flattening. World stock markets dipped as worries about a global slowdown in smartphone demand dented the technology sector, while oil prices fell after U.S. President Donald Trump sent a tweet criticizing OPEC and then mostly recovered.
A key part of a swing trading strategy is how it minimizes losses in stock market corrections. But, you also need nimbleness to get back in quickly when the market turns. Otherwise, your performance can lag.
U.S. stocks extend losses in late trade to end lower on Friday, as weakness in technology and consumer staples shares offset the latest batch of corporate earnings, which largely continued to beat expectations....
The technology index (.SPLRCT) was the biggest drag on the S&P 500 with a 1.5 percent drop after registering three straight days of losses ahead of a key earnings week for the sector. "There continues to be some concern over interest rates and their potential impact on equities. The Dow Jones Industrial Average (.DJI) fell 202.09 points, or 0.82 percent, to 24,462.8, the S&P 500 (.SPX) lost 22.98 points, or 0.85 percent, to 2,670.15 and the Nasdaq Composite (.IXIC) dropped 91.93 points, or 1.27 percent, to 7,146.13.
Stocks closed broadly lower Friday, extending the market's modest losses from a day earlier. A slump in big technology stocks, consumer goods and health care companies weighed on the market. Banks eked ...
The technology index was the biggest drag on the S&P 500 with a 1.5 percent drop after registering three straight days of losses ahead of a key earnings week for the sector. "There continues to be some concern over interest rates and their potential impact on equities. The Dow Jones Industrial Average fell 202.09 points, or 0.82 percent, to 24,462.8, the S&P 500 lost 22.98 points, or 0.85 percent, to 2,670.15 and the Nasdaq Composite dropped 91.93 points, or 1.27 percent, to 7,146.13.
Now that President Trump has turned down the heat on a China trade war, investor concern about rising inflation and a hawkish Federal Reserve may be taking center stage.
The bears woke up Friday and pushed the major indexes below their 50-day lines. Yet the Nasdaq still looks ready to march higher for a second week in a row.
Wells Fargo, Steve Madden, Facebook, Apple, AT&T and Time Warner are the companies to watch.