|Day's Range||7,810.7080 - 7,849.6685|
|52 Week Range||6,177.1899 - 7,933.3101|
US and Chinese officials are making plans for their first trade talks in months, as tariffs start to bite. Yahoo Finance’s Alexis Christoforous, Editor-in-Chief Andy Serwer and Rick Newman have details
U.S. stock-index benchmarks surged in early Thursday trade, as strong corporate earnings helped to overshadow Turkey's currency crisis and as China and the U.S. appeared set to resume trade talks. The Dow Jones Industrial Average (DJIA) was most recently up 384 points, or 1.5%, at 25,546, more than erasing its Wednesday losses, which was sparked by worries about emerging markets in light of a currency crisis in Turkish lira (TRYUSD) The rally puts the benchmark on pace for its best one-day gain since April 10, according to FactSet data. China's commerce ministry will send a delegation to the U.S. later this month to resume trade talks, according to reports, which would mark the first such meeting since July.
Walmart shares surged 9.5 percent, the most on the S&P 500, after the retailer said U.S. comparable sales grew the most in a decade and posted strong e-commerce sales. The S&P retailers index gained 0.63 percent. All of the 11 major S&P sectors were higher, with technology stocks up 0.79 percent.
U.S. stocks rose in a broad-based rally on Thursday, helped by robust earnings from Walmart and Cisco and easing trade worries after China and the United States said they would hold talks later this month. Walmart shares surged 9.5 percent, the most on the S&P 500, after the retailer said U.S. comparable sales grew the most in a decade and posted strong e-commerce sales.
NEW YORK (AP) — U.S. stocks are surging Thursday morning as China and the U.S. prepare to hold their first trade discussions in months, a potential sign of progress toward ending the trade war between them. Walmart is surging after the retailer said its sales climbed in second quarter.
U.S. stock indexes rose on Thursday, helped by a string of robust earnings reports, a dip in the dollar and after China said it will hold talks with the United States later this month. Walmart's shares surged 9.2 percent, the most on the benchmark S&P 500 index, after the retailer said its U.S. comparable sales grew the most in a decade and posted strong e-commerce sales.
Tencent Holdings Stock: What Could Keep Driving It? The good news for Tencent is that the domestic gaming revenue in China (FXI) has been projected at $42 billion by 2022, according to gamesindustry.biz. China contributes 25% of the global gaming industry revenue, followed by the United States.
Most of the major indexes closed lower Wednesday, except for the Dow Jones Transports, which posted a gain. With all of the intraday intensity of selling, only the Nasdaq Composite Index closed below near-term support.
U.S. stock-index benchmarks rebound early Thursday, as strong corporate earnings help to overshadow Turkey’s currency crisis and as China and the U.S. appears set to resume trade talks.
U.S. stocks opened higher on Thursday, helped by a string of robust earnings reports, a dip in the dollar and after China said it will hold trade talks with the United States later this month. The Dow ...
MARKET PULSE U.S. stocks climbed at the opening bell on Wednesday as investors closely eye potential for geopolitical concerns to abate after China and the U.S. plan to renew trade talks. The S&P 500 (spx) rose 13 points, or 0.
The Dow Jones Industrial Average notches a dubious distinction on Wednesday, as U.S. equity benchmarks fell firmly lower.
The price target for China-based e-commerce giant Alibaba Group Holding Ltd.'s stock (baba) was cut to $280 from $300 at Raymond James, due primarily to the recent weakness in the Chinese renminbi. The new price target is 65% above Wednesday's closing price of $169.83. Analyst Aaron Kessler reiterated his strong buy rating on Alibaba, saying the stock's recent weakness--down about 20% since mid-June while the Nasdaq Composite (comp) was little changed--was due primarily to macroeconomic concerns in China and currency moves, with the renminbi down about 9% versus the U.S. dollar since March-quarter results were reported.
With international markets upended, investors look to the U.S. as a secure investment. Yahoo Finance's Seana Smith, Andy Serwer, Dan Roberts and Emily Roland, Head of Capital Markets Research - John Hancock Investments - discuss.