|Day's Range||7,368.33 - 7,516.69|
|52 Week Range||6,517.93 - 8,133.30|
Treasury Secretary Steven Mnuchin is shedding some light on President Trump's remarks about the Federal Reserve "going crazy." Mnuchin told CNBC this morning that the president thinks the Fed should not raise rates when inflation is 'under control.' Yahoo Finance's Seana Smith, Dion Rabouin and Rick Newman discuss.
STOCKSTOWATCHTODAY BLOG 6:23 a.m. A bad week ended with a good day. Too bad the good times couldn’t last. S&P 500 futures have fallen 0.4%, while Dow Jones Industrial Average futures have declined 79 points, or 0.
U.S. stocks look set for another volatile session Monday as investors re-set prices in markets all over the world amid amid escalating tensions between Washington and Riyadh over the death of a prominent Saudi journalist in Turkey last month as well as renewed concerns for trade disputes between the U.S. and its major economic partners. U.S. equity futures indicated a weak opening on Wall Street Monday, with contracts tied to the Dow Jones Industrial Average suggesting a 95 point decline, following last week's sell-off that clipped more than 1,100 points from the benchmark in one of the worst weeks of the year for domestic stocks, while linked to the broader S&P 500 were marked 18 points to the downside amid the 'risk-off' sentiment. index is creeping higher again in after-hours trading, rising 4.4% to 22.26 points, amid the broader global market declines in Europe and Asia linked to the Saudi tensions.
TOKYO (AP) — Global stocks slipped Monday as investor worries continued about global trade tensions and prospects for economic growth.
Stocks across the globe saw a sell-off last week, with Wall Street's major indexes seeing their worst weekly declines since March. With the U.S. earnings season currently underway, J.P. Morgan reported Friday that third-quarter figures exceeded analysts' expectations. The U.S.-China trade war continues to be in focus, along with concerns raised by President Donald Trump over the Federal Reserve's interest rate policy.
Asia stocks fell on Monday as investors remained cautious, following global losses in the previous week. The Dow Jones Industrial Average and S&P 500 finished the week down by more than 4 percent, while the Nasdaq Composite posted a 3.7 percent weekly loss. Stocks in Asia slipped on Monday afternoon as investors remained cautious, following global losses in the previous week.
Rising rates, trade fears, and a tech tumble sent the market reeling as U.S. investors joined the rest of the world in fretting about the future. But there’s no need to panic.
Tech investors should exercise caution—the highflying sector may finally have met a bear that has some bite. The brutal selloff over the last few days has hit the tech sector hard. The Nasdaq Composite is now off nearly 9% since the start of the month, while the S&P 500 Software & Services Group and PHLX Semiconductor Index have both lost about 10%.
Tech stocks are likely to rebound after their latest drubbing, but the selloff suggests that investors are paying more attention to the sector’s challenges.
An extended period of calm on the market has ended as investors worry about a surge in interest rates. The benchmark S&P 500 index is coming off a six-day losing streak. Apple and Amazon made big gains as technology and internet companies and retailers recovered some of their recent losses.
U.S. stock market rallies on Friday, with equities rising broadly in a partial rebound from a multiday rout that slashed about 1,400 points from the Dow Jones Industrial Average and left the Nasdaq on the precipice of a correction.
Stock markets worldwide rebounded on Friday after a multi-day sell-off but still registered their biggest weekly losses in months, while U.S. Treasury yields rose and the dollar held its gains. Wall Street ...
The U.S. benchmark S&P 500 stock index snapped a six-day losing streak on Friday as technology stocks recovered after a week of losses, with investors looking for bargains ahead of the third quarter earnings reporting season. The S&P technology index gained 3.2 percent on the day, showing its strongest one-day gain since March 26, although it still registered its biggest weekly drop since March 23.
The U.S. benchmark S&P 500 stock index snapped a six-day losing streak on Friday as technology stocks recovered after a week of losses, with investors looking for bargains ahead of the third quarter earnings ...
Stocks rebounded Friday, clawing back some of the week's steep losses, but the turbulent trading of the last few days left no doubt that the relative calm the markets enjoyed all summer had been shattered. ...
U.S. stocks end higher on Friday, nonetheless leaving equity benchmarks with the steepest weekly slump since March, as risk assets attempted to make a comeback. The S&P 500 picked up 38 points, or 1.4%, to around 2,767. The Dow Jones Industrial Average advanced 279 points, or 1.1%, to around 25,331. The Nasdaq Composite climbed 168 points, or 2.3%, to around 7,497. For the week, the S&P fell 4.1%, the Dow fell 4.2%, and the Nasdaq slipped 3.7%. The Dow and the S&P booked their third straight weekly loss, while the Nasdaq booked its second. This week, equities struggled with the implications of rising bond yields, though they partially retraced their climb this week. In corporate news, JPMorgan Chase & Co. and Citigroup's earnings came ahead of expectations but their stocks still closed mixed.
Stock markets worldwide bounced back on Friday after a multi-day sell-off but remained on track for their biggest weekly losses in months, while U.S. Treasury yields inched higher and the dollar held its gains. Benchmark 10-year notes last fell 4/32 in price to yield 3.1443 percent, from 3.131 percent late on Thursday.
Despite the Fed's rate hikes and balance sheet unwind, three of the largest U.S. banks reported improving yield on interest-bearing assets.
Gold, Miners Have Surged on the Market Rout—What’s the Upside? The Commodity Futures Trading Commission reports the positions of major players in the futures market in its COT (Commitment of Traders) report. It’s released every Friday and shows the open interest recorded on the previous Tuesday.
Today, October 12, the broader market is bouncing back after falling for six consecutive sessions. As of October 11, the S&P 500 index (SPY) has fallen 6.4% MTD (month-to-date). The Dow Jones Industrial Average (DIA) and the Nasdaq Composite index (QQQ) have fallen 5.3% and 8.7%, respectively.
The U.S. stock market is on track to post its worst weekly performance in about seven months, but the sharp losses on Wall Street hasn’t resulted in an investor exodus from stocks.