|Day's Range||6,830.76 - 6,994.75|
|52 Week Range||6,630.67 - 8,133.30|
Consumers, the labor market, and the financial situation for most U.S. households points to an economy that is likely to remain in good shape despite slower growth due to the boost from tax cuts wearing off.
Yahoo Finance’s Alexis Christoforous and Dion Rabouin discuss how the market volatility is impacting emerging markets.
The bull run will continue in 2019, but it may be time to start getting defensive and raise cash allocations, according to Goldman Sachs’ 2019 stock market outlook.
Anxiety about global trade policy and an ongoing rout of technology stocks have put the S&P 500 in danger of ending its six-year streak of Thanksgiving week gains, the latest milestone threatened by recent market turbulence. In the past 10 years, the index has averaged a 1.3% advance during Thanksgiving week, and posted a 0.7% climb on average that week going back to 1950. Internet stocks have driven much of the recent success, with the tech-heavy Nasdaq Composite averaging a 1.3% rise the week of Thanksgiving in the last 20 years.
Major indexes in Australia, Japan, South Korea and Hong Kong declined amid shaky investor confidence following overnight declines in U.S. stocks.
Thanks to the shale revolution, plunging oil prices are a drag on U.S. economic growth, but the hit is uneven, notes one economist.
Stocks dropped again Tuesday as losses mounted for the world's largest technology companies. Retailers also fell, and energy companies plunged with oil prices as the market sank back into the red for the year.
Cash is king, according to Goldman Sachs strategists who predict that 2019 will deliver lackluster, single-digit equity returns, making greenbacks the best game in town.
U.S. stocks sold off for a second day on Tuesday as energy shares dropped with oil prices, and retailers including Target and Kohl's sank after weak earnings and forecasts, fueling worries about economic growth. The Nasdaq closed at its lowest level in more than seven months while the S&P 500 and Dow ended at their lowest since late October, a day after Apple, internet and other technology shares dropped, further shaking confidence in a group of stocks that has propelled the long bull market.