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U.S. stocks tie the record for the longest-ever bull market run. Yahoo Finance's Seana Smith, Dion Rabouin, Dan Howley, and Rick Newman discuss.
Yahoo Finance's Jared Blikre joins Alexis Christoforous from the floor of the New York Stock Exchange to break down the latest market moves.
Popular exchange-traded funds Tuesday evening traded lower in after-hours action, following a series of stunning legal developments related to President Donald Trump's 2016 campaign. Former Trump campaign chairman Paul Manafort was found guilty on eight charges, including tax fraud, and the president's ex-personal attorney, Michael Cohen, said he violated campaign law at the direction of a candidate for federal office. The news comes as special counsel Robert Mueller is investigating allegations of collusion between officials connected to president Trump's 2016 president election and Russia.
U.S. stocks closed higher Tuesday, briefly sending the S&P 500 index to an all-time high. The benchmark index eked out a slight gain, finishing a little below the high mark it set in January. The gain, which carried the Russell 2000 index of small-company stocks to an all-time high, came as the market's bull run was set to become the longest on record on Wednesday.
The S&P 500 index briefly traded at an all-time high Tuesday just as the U.S. stock market's bull run came closer to becoming the longest on record.
U.S. stocks close higher for a fourth session Tuesday with the S&P 500 notching an intraday record on the back of optimism over U.S.-China trade talks.
By April Joyner NEW YORK (Reuters) - The benchmark S&P 500 touched a record high on Tuesday and equalled its longest-ever bull-market run, as U.S. stocks rose on earnings reports in the consumer sector ...
The benchmark S&P 500 touched a record high on Tuesday and equaled its longest-ever bull-market run, as U.S. stocks rose on earnings reports in the consumer sector and relative calm in the trade dispute between the United States and China. The S&P rose as much as 0.6 percent to a record intraday high of 2,873.23 points, topping its previous record high of 2,872.87 on Jan. 26, though it closed below both those marks. Trade-sensitive industrial stocks rose for the fourth consecutive session as investors remained optimistic that the United States and China could move closer to settling their trade dispute.
Global equity markets rose on Tuesday, with the S&P 500 setting a record high, fueled by strong earnings and economic growth, while the dollar weakened after U.S. President Donald Trump slammed the Federal Reserve for raising interest rates. The S&P 500 rose as high as 2,873.23, topping the previous record of 2,872.87 set on Jan. 26, and was poised to mark another major milestone Wednesday when the bull market turns 3,453 days old.
The Dow Jones Industrial Average is on the brink of bursting out of correction territory for the first time in more than six months, underscoring some signs of renewed optimism on Wall Street.
U.S. stock indexes on Tuesday logged respectable gains but finished off the best levels of a session that saw the S&P 500 index notch its first intraday record in about seven months, highlighting percolating optimism over stocks in late-August trade. The Dow Jones Industrial Average (DJIA) gained 0.3% to finish at 25,822, while the Nasdaq Composite Index (COMP) advanced 0.5% at 7,859. Meanwhile, the Dow Jones Transportation Average (DJT) and the small-capitalization Russell 2000 index (RUT) both closed at an all time high, underscoring the breadth of the recent rise.
The benchmark S&P 500 touched a record high on Tuesday and equaled its longest-ever bull-market run, as U.S. stocks rose on encouraging earnings reports in the consumer sector and relative calm in the ...
The S&P 500 index midday Tuesday booked its first intraday record since late January. The S&P 500 index (SPX) hit an intraday peak at 2,873.23, pushing the broad-market benchmark above 2,872.87, which represented its last record on Jan. 26. The S&P 500 and the Dow Jones Industrial Average (DJIA) have been steadily gaining altitude since slipping into correction territory, defined as a drop of at least 10% from a recent peak, on Feb. 8.
The benchmark S&P 500 edged closer to a record high on Tuesday, matching its longest-ever bull-market run, as U.S. stocks rose after some encouraging earnings reports and on hopes that the United States and China could resolve their tariff dispute. At its session high, the S&P 500 was 0.06 percent shy of its Jan. 26 all-time high.
The Dow Jones Industrial Average and the Nasdaq Composite are on the climb too, as if all major benchmark indexes are holding hands to rally into a milestone some investors are celebrating. The Dow Jones Industrial Average has risen more than 100 points, or 0.3%, to 25,835.65. The Nasdaq Composite has gained 0.6% to 7870.56, proving technology stocks still have mettle. The expectation, following Monday's modest gains, seems to be that this bull will break a record on Aug. 22—the day some say this one will lap the 1990-2000 bull market and secure the title for longest secular bull run in history.
Technically speaking, the S&P 500 has nailed major support mid-month and rallied to challenge record highs, writes Michael Ashbaugh.
The dollar weakened on Tuesday after U.S. President Donald Trump slammed the Federal Reserve for raising interest rates, while global equity markets rose as strong economic and earnings growth favored stocks in a relatively benign environment. Trump said in an interview with Reuters on Monday that he was "not thrilled" with the Fed under his appointee, Chairman Jerome Powell, for raising rates and that the U.S. central bank should do more to boost the economy. Trump also accused China and Europe of manipulating their currencies.
Gold prices haven’t been able to catch a break even as geopolitical concerns have become more pronounced. On August 15, gold prices fell to a 19-month low of $1,173 per ounce as the US dollar continued its winning streak. The precious metal appears to have lost some of its safe-haven appeal.
Judging by U.S. stock market performance this week, it appears that at the moment, when investors have relatively little solid news to trade on, their bias seems to be on the optimistic side. On the trade front, although fresh U.S. tariffs on Chinese imports, and retaliatory Chinese duties, are set to take effect this week, that’s been a known quantity for some time.
Barring a breathtaking plunge, the bull market in U.S. stocks on Aug. 22 will become the longest in history, and optimistic investors argue it has miles to go before it rests.
MARKET PULSE U.S. stocks opened slightly higher Tuesday, pushing the S&P 500 within striking distance of an all-time high, on upbeat earnings and optimism that talks between the U.S. and China will help ease trade tensions.