|Day's Range||7,415.5786 - 7,452.8472|
|52 Week Range||6,081.9600 - 7,637.2700|
Stocks dropping and oil getting slammed ahead of the holiday weekend. This is The Final Round.
Yahoo Finance's Alexis Christoforous and Jared Blikre break down the latest market action. As of 12:45 pm ET, the Dow Jones Industrial Average components ranked highest to lowest are: INTC Intel Corp 1.06% MCD McDonald's Corp 0.79% AAPL Apple Inc 0.69% UNH UnitedHealth Grp Inc 0.64% PG Procter & Gamble Co 0.58% NKE Nike Inc Cl B 0.43% MSFT Microsoft Corp 0.35% TRV The Travelers Companies Inc 0.27% HD Home Depot Inc 0.18% BA Boeing Co 0.12% DIS Disney (Walt) Co 0.10% KO Coca-Cola Co -0.06% IBM Intl Business Machines Corp -0.14% WMT Wal-Mart Stores -0.14% MRK Merck & Co -0.27% JNJ Johnson & Johnson -0.38% UTX United Technologies -0.43% CSCO Cisco Systems -0.48% V Visa Inc -0.46% GS Goldman Sachs Grp -0.53% JPM JPMorgan Chase & Co -0.54% VZ Verizon Communications -0.55% MMM 3M Co -0.56% PFE Pfizer Inc -0.82% GE General Electric Co -0.82% AXP American Express Co -1.12% CAT Caterpillar Inc -1.19% DWDP DowDuPont Inc -1.30% XOM Exxon Mobil -2.69% CVX Chevron Corp -4.19%
Consumer sentiment and earnings from Foot Locker will be highlights for investors to cap off the final full week of May.
Energy companies and oil prices took their worst losses in months Friday on reports OPEC countries plan to produce more oil soon. Stock indexes finished an indecisive week with small losses.
NEW YORK (AP) — Energy companies and oil prices took their worst losses in months Friday on reports OPEC countries plan to produce more oil soon. Stock indexes finished an indecisive week with small losses.
U.S. stocks closed mostly lower on Friday, largely due to a selloff in energy shares. The S&P 500 energy sectors slumped 2.6%, weighing on the broader index. But all three main benchmarks posted weekly ...
The S&P 500 index and the Dow eased on Friday after a steep drop in oil prices pressured energy stocks, but losses were limited by gains in chipmakers and retail stocks. The S&P energy index slid 2.9 percent, while Chevron dropped 3.7 percent and Exxon Mobil fell 2.1 percent and were the biggest drags on the Dow.
Prominent investment firm Goldman Sachs (GS) also said that the rising rates could change the valuation of the equity market (SPY) (QQQ) (DIA). Rising inflation is signaling that interest rates could rise too. The faster rate hike expectation is pushing the bond yield higher.
NetApp (NTAP) stock has returned 69% in the last 12 months, -2.3% in the last month, and -5.5% in the last five days. It rose 36% in 2016 and 60% in 2017. Since the start of 2018, the stock has risen 21%.
Identifying the difference between a double-bottom and a flat base will help you tell the difference between a proper and an improper buy point.
I think this week we are officially “on pause” with our trade war while negotiations continue. Though I think the last update was that President Trump was not happy with how they are going. Either way, the ongoing fracas (yes, fracas) continues to dent the mood of investors in the US and clearly in China as well. The Hang Seng Index is only up 2% this year while the Shanghai Comp is down 5%. Meanwhile, here in the U.S., the S&P 500 (SPY) is only up 2% while the Nasdaq (QQQ) has gained 8%. It is tempting to not get involved in equities with so much uncertainty. ...
Stocks rose for the week as President Trump hailed and then doubted China trade talks. Micron soared on good news. Retailers were hot or cold. Oil prices and Treasury yields tumbled.
The results are especially poor in midterm election years, as is 2018. The benchmark index’s performance is essentially flat over the month, with an average decline of 0.03%, according to the Almanac. Historical statistics paint a more positive picture for the Nasdaq Composite Index (^IXIC), which is currently the best-performing of the three major indexes in 2018.