|Day's Range||7,749.6050 - 7,867.1489|
|52 Week Range||6,177.1899 - 7,867.1499|
Yahoo Finance's Jared Blikre joins Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves.
After gaining for two consecutive trading weeks, the S&P 500 started this week on a mixed note by losing momentum on Monday. Carrying forward the weakness, the S&P 500 opened lower on July 17. However, the S&P 500 regained strength as the day progressed and closed at 5.5-month high price levels.
World markets mostly rose Wednesday, spurred by the U.S. Federal Reserve's positive assessment of the U.S. economy and signs that industrial production is steady. KEEPING SCORE: Germany's DAX added 0.7 ...
The Dow Jones Industrial Average on Wednesday is set to make a run at a fourth rise in as many sessions as investors await a second day of congressional testimony from Federal Reserve Chairman Jerome Powell.
U.S. stock index futures pointed to a flat open Wednesday, as investors monitor a flurry of corporate earnings and a fresh batch of economic data. Nasdaq 100 and S&P 500 futures were also set to open little changed from the previous session. U.S. Bancorp USB also posted a stronger-than-forecast profit, sending its stock up by 0.4 percent.
SINGAPORE (AP) — Asian markets climbed higher on Wednesday as a sweep of positive news from Wall Street and beyond boosted confidence in the U.S. economy.
U.S. stocks rose Tuesday following Federal Reserve Chairman Jerome Powell’s Senate testimony, while investors also continued dissecting the latest round of corporate earnings results. The S&P 500 rose 11.12 points, or 0.4%, to 2809.55, and the technology-focused Nasdaq Composite climbed 49.40 points, or 0.6%, to 7855.12. Mr. Powell told Congress that strong economic growth and stable inflation should keep the central bank on track to gradually raise short-term interest rates.
Asian stocks closed mixed on Wednesday, with China markets losing steam and finishing lower. Japan's Nikkei 225 rose, with exporters gaining on the weaker yen. The dollar was broadly firmer after Fed Chairman Jerome Powell gave an upbeat assessment of the U.S. economy in his testimony before congress.
Asian stocks are poised to advance after an upbeat assessment on the economy from Federal Reserve Chairman Jerome Powell lifted U.S. shares. The dollar rallied and Treasuries were little changed.
The dollar advanced for a second day after Federal Reserve Chairman Jerome Powell gave an upbeat assessment of the U.S. economy, helping spur declines in raw materials prices and emerging-market currencies. Stocks in Europe rose while U.S. futures edged lower. A Bloomberg commodities gauge was further weighed down by oil futures, which tumbled through a technical support level on rising inventories.
The Nasdaq reached new highs during Tuesday's trading session, but some investors say the smaller tech stocks are a better bet.
By Stephen Culp NEW YORK (Reuters) - Wall Street stocks rose on Tuesday, with the Dow Jones Industrial Average posting its fourth consecutive session of gains after Federal Reserve Chairman Jerome Powell ...
U.S. stocks close higher on Tuesday, extending a recent upswing after Federal Reserve Chairman Jerome Powell indicated the U.S. central bank wouldn’t move too quickly in changing monetary policy, and that it would be flexible in the face of changing conditions.
U.S. stocks rallied Tuesday as retailers, technology and household goods companies all made solid gains and helped the market shake off a weak start. Netflix slumped after investors were disappointed with the streaming video company's subscriber growth.
Wall Street stocks rose on Tuesday, with the Dow Jones Industrial Average posting its fourth consecutive session of gains after Federal Reserve Chairman Jerome Powell expressed an optimistic U.S. economic ...
The U.S. dollar rose on Tuesday against a basket of major currencies following an upbeat economic assessment from the head of the U.S. Federal Reserve, while world stocks climbed as a heavy week of corporate earnings also kicked into gear. In testimony, Fed Chairman Jerome Powell said he sees the United States on track for years more of steady growth. Powell was challenged in a congressional hearing by senators worried the Trump administration's trade policies were already damaging businesses.
U.S. stock on Tuesday closed firmly higher and the technology-heavy Nasdaq notched a fresh record after Federal Reserve Chairman Jerome Powell indicated that the U.S. central bank would continue raising benchmark rates due the the health of the economy but would execute its monetary-policy strategy at a prudent pace. The blue-benchmark's gains were buoyed by a rally in component Johnson & Johnson (JNJ) which reported second-quarter earnings and revenue that were better than expected. Providing testimony in front of the Senate Banking Committee, Powell said the "best way forward is to keep gradually raising the federal-funds rate for now." He will appear before a House committee on Wednesday.
MARKET PULSE Bitcoin prices surged more than 10% Tuesday, taking the No. 1 digital currency back above $7,000 for the first time in five weeks and on track to record its biggest daily gain since April 12.
•...explain why Charles Schwab (SCHW) is up nearly 4% and why Omnicom Group (OMC) is down more than 7% (hint:earnings). Stocks have gotten a small boost on an otherwise nowhere-going day on Chairman Powell's testimony. "Fed Chair Powell was as uneventful as can be. Usually, the markets hang on every word and look to the commentary for direction, but today was not that day–most likely, because investors have heard it all before or, as Chuck Butler, editor of A Pfennig For Your Thoughts, puts it: "The economy is robust, unemployment is down, yadda, yadda, yadda..." While Chairman Powell's "businesslike" tone was a departure from previous leadership, Michael Shaoul of Marketfield Asset Management noted that Powell's speech added little to policy.
Tech traders who spent the last few days worrying about what Netflix Inc.’s earnings would hold should’ve been thinking about something else: Jay Powell’s congressional testimony. After starting the day in the red after Netflix bombed on subscriber growth, the Nasdaq Composite Index rebounded before noon and closed at a record, along with Amazon.com Inc., Facebook Inc. and Google parent Alphabet Inc. The index’s jump coincided with Federal Reserve chairman Powell’s comments suggesting the pace of interest rate increases could be slowed down if needed.
The U.S. dollar rose on Tuesday against a basket of major currencies following an upbeat economic assessment from the head of the U.S. Federal Reserve, while world stocks climbed as a heavy week of corporate earnings also kicked into gear. In written testimony, Fed Chairman Jerome Powell said the economy was on the cusp of "several years" of the job market remaining strong and inflation remaining around the Fed's 2 percent target. Assets reacted modestly for the most part following Powell's prepared remarks, in which he signalled he believed the economy was doing well and that an era of stable growth may continue, provided the Fed gets its policy decisions right.
Wall Street rose on Tuesday as Federal Reserve Chairman Jerome Powell's optimistic view on the U.S. economy and solid earnings from Dow component Johnson & Johnson lifted expectations of a robust second-quarter ...
Netflix stock and Amazon.com's Prime Day dominated the headlines Tuesday as the Dow Jones, S&P 500 and Nasdaq composite recovered impressively after a soft start.