|Day's Range||7,405.439 - 7,429.736|
|52 Week Range||6,081.960 - 7,637.270|
U.S. stocks opened higher Monday, buoyed by an easing of trade tensions between the U.S. and China. U.S. Treasury Secretary Steven Mnuchin over the weekend said a trade war between the economic power was ...
U.S. stock-index futures pointed to a solidly higher open on Monday, as investors welcomed an easing of U.S.-China trade tensions.
Small-cap stocks are on a roll, hitting a string of records while their large-cap peers remain stuck in a narrow trading range, and the run of outsize gains may just be getting under way. The Russell 2000 (^RUT), the most popular index for small-cap stocks, has risen in 11 of the past 14 trading days, and it posted its third straight record close on Friday. Morgan Stanley said that the U.S. economy was in the later stages of its economic cycle, which it noted had historically been a weak period for small and midcap stocks in past cycles “because wage pressures and other costs tend to hit these companies harder as they have fewer levers to pull to offset” them.
US equity indexes finished the week that ended on May 18 on a negative note despite reports indicating that US-China trade negotiations had resulted in China agreeing to reduce its trade surplus with the United States by $200 billion. In a joint statement released on May 19, the United States and China revealed that China would increase its imports of US products and that both sides would work to resolve their economic and trade concerns. Volatility in the equity markets (VOO) in the week, however, was influenced by higher bond yields and an appreciating US dollar, which were pushed higher by the increased economic divergence between the United States and other developed economies.
SEOUL, South Korea (AP) — Global stock markets rose on Monday as the United States and China put a trade war on hold, clearing some uncertainty for investors.
US stocks ended marginally lower last week amid rising bond yields, surging oil prices, and the strengthening dollar. The S&P 500 Index (SPY) fell 0.54% and closed at 2,712.97, while the Dow Jones Industrial Average (DIA) fell 0.47% to 24,715.09. The NASDAQ Composite (QQQ) fell 0.66% to 7,354.34. Markets might rally this week
Cryptocurrencies seem to be moving towards gains slowly but surely as of Monday, May 21, at 6:00 AM EST. Bitcoin has risen about 2.0% over the last 24 hours and was trading at $8,497. Bitcoin has witnessed a fall of almost 1% after seeing a $1,000 drop in the previous week.
Stock futures rose Monday as the Trump administration said a China trade war is "on hold." Apple, Facebook and Salesforce fell last week, with different chart implications.
Treasury Secretary Steve Mnuchin said Sunday that the U.S. would hold off on any tariffs against China as the two countries continue their talks. "We're putting the trade war on hold," Mnuchin said in a Fox News interview on Sunday. The Trump administration had planned to impose $150 billion in tariffs on Chinese goods, a threat that has left investors concerned about global growth prospects this year.
U.S. stock index futures gained, with Dow futures up around 200 points. Fading trade tensions saw the dollar trade above the 111 level against the yen. Asian markets closed moderately higher on Monday, with weekend developments in U.S.-China talks, regarded as positive by analysts on the whole, in the spotlight.
The U.S. dollar has been on a nearly unstoppable uptrend since the start of the second quarter, rising in tandem with government bond yields, while equities got the short end of the stick. Now, investors wonder whether a buoyant buck will derail earnings growth. Since the beginning of April, the ICE U.S. Dollar Index (IFUS:DX-Y.NYB), a popular gauge of the U.S. currency that measures it against six rivals, is up 3.9%.
First Financial Bancorp is a Cincinnati-based financial services firm with operations all over Ohio, Kentucky and Indiana. First Financial Bancorp chart. Until that downtrend line (in dotted red) is crossed over again to the upside, it might be hard to get too excited, generally, about what's happening in this section of the stock market.
U.S. stocks stalled Friday, posting weekly losses as bubbling uncertainty around global trade policies and interest rates limited investors’ appetite for risk. Stocks struggled for traction as investors grappled with geopolitical tensions spurred by new government proposals in Italy, doubts about a coming meeting between the U.S. and North Korea and continuing trade talks with China. “There are a few fires at the moment that investors need to take on board,” said Olivier Marciot, a multiasset portfolio manager at Unigestion.
By Stephen Culp NEW YORK (Reuters) - The S&P 500 ended lower on Friday after a choppy trading session as bank and chipmaker stocks weighed on the index and investors grappled with U.S.-China trade talks. ...
The S&P 500 ended lower on Friday after a choppy trading session as bank and chipmaker stocks weighed on the index and investors grappled with U.S.-China trade talks. China denied accounts by some U.S. officials that it had offered a package to slash the U.S. trade deficit by up to $200 billion, but said the consultations were "constructive," in the latest salvo of tit-for-tat messages to emerge from the high-level meeting. Boeing Co shares rose on hopes for a reduction in the U.S.-China trade deficit, after an American source said the company would be major beneficiary of a narrowed trade gap.
The major U.S. stock indexes finished mixed Friday as declines in banks and technology companies offset gains elsewhere in the market.
Despite a choppy week of trading and a mixed finish for U.S. stocks, the market extended its recent streak of relative calm Friday.
In Europe, political uncertainty in Italy weighed on stocks and bonds as well as on the euro. The U.S. dollar rose for a fifth straight session against a basket of currencies. Investors were digesting moves from earlier in the week, when the benchmark 10-year U.S. Treasury note yield broke above 3.1 percent and oil topped $80 a barrel.
The stock market closed mainly lower Friday, as a weak outlook from Applied Materials roiled the semiconductor sector.
U.S. stocks closed mostly lower on Friday, with major indexes posting modest weekly declines as investors grappled with lingering uncertainty over trade negotiations between the U.S. and China, as well ...
The S&P 500 ended lower on Friday after a choppy trading session as bank and chipmaker stocks weighed on the index and investors grappled with U.S.-China trade talks. The Dow Jones Industrial Average rose ...
Bank and chipmaker stocks helped pull the S&P 500 into negative territory on Friday, capping a week of choppy trading as trade talks with China, rising U.S. government bond yields and increasing oil prices kept investors on edge. "I think everybody's waiting on some sort of direction on American trade talks that are occurring right now," said Oliver Pursche, vice chairman and chief market strategist at Bruderman Asset Management in New York. China denied accounts by some U.S. officials that it had offered a package to slash the U.S. trade deficit by up to $200 billion, but said the consultations were "constructive," in the latest back-and-forth message to emerge from the high-level summit.
The Nasdaq composite held up relatively well in afternoon trading Friday despite broad-based weakness in some semiconductor stocks.
Political uncertainty in Italy weighed on the country's stocks and bonds as well as the euro on Friday, while Wall Street wobbled amid tepid corporate earnings and trade concerns. The U.S. dollar's rally continued, rising for a fifth straight session against a basket of currencies. Investors were digesting asset moves from earlier this week, when the 10-year benchmark U.S. Treasury yields broke above 3.1 percent and oil topped $80 a barrel.