|Day's Range||7,642.57 - 7,817.83|
|52 Week Range||6,190.17 - 8,133.30|
In the IBD Best Mutual Funds Awards, see the top growth stock mutual funds that have beaten the S&P 500 over the last one, three, five and 10 years.
Stock futures reversed lower, signaling more selling. The Apple streaming service event is Monday. Don't expect the Boeing 737 Max to fly soon.
While an inverted yield curve has been a reliable recession predictor, copper prices may offer a better signal now about the outlook for the Dow Jones and global economy.
Nike led the Dow Jones Industrial Average lower as bond investors sent a clear signal they expect the economic expansion to end.
A yield-scarce investing backdrop could prompt investors to look into more risky sectors of international bond markets.
The yield-curve inversion might not be signaling a recession yet, but there are other reasons to worry, says one strategist.
Yields on the 10-year Treasuries fell below three-month Treasury yields earlier on Friday, inverting the so-called yield curve. That’s a sign that a recession could be looming.
In a letter to House and Senate committee chairmen, Attorney General William Barr said he may be able to tell them this weekend Special Counsel Robert Mueller's "principal conclusions." Mueller delivered his report to Barr Friday. He has been investigating whether Donald Trump's presidential campaign aided Russia in interfering with the 2016 election. Trump has denied the allegation.
Special Counsel Robert Mueller has delivered his report to Attorney General William Barr, multiple media outlets said Friday. Mueller has investigated whether the Trump campaign aided Russian efforts to interfere in the 2016 presidential election. President Donald Trump has repeatedly denied that allegation.
Stocks closed broadly lower on Wall Street Friday, erasing the market's gains for the week, as investors became increasingly worried that the global economy is slowing down. Traders shifted money into ...
U.S. stocks close sharply lower Friday, with all major indexes logging their worst day in nearly three months, after a downbeat round of economic data in Europe and the U.S. stoked global growth fears while a closely watched measure of the yield curve inverted for the first time since 2007, triggering recession worries.
Stocks around the world fell and U.S. Treasuries yields sent warning signals for a possible recession on Friday after weaker-than-expected U.S. and European data intensified fears of a global economic slowdown. After weak U.S. manufacturing and services data, U.S. Treasury 10-year note yields sank below three-month Treasury bill yields for the first time since 2007. Investors fled from riskier bets as a yield curve inversion is seen as a leading recession indicator.
Wall Street stocks sold off sharply on Friday, with all three major U.S. stock indexes posting their biggest one-day percentage declines since Jan. 3, as weak factory data from the United States and Europe led to an inversion of U.S. Treasury yields, fuelling fears of a global economic downturn. Capping five tumultuous days of trading, the S&P 500, the Dow and the Nasdaq were all down for the week. A weaker-than-expected reading of U.S. factory activity in March, along with similarly dour reports from Europe and Japan, helped send U.S. Treasury yields into an inversion, with the spread between yields of three-month Treasury bills exceeding those of 10-year notes for the first time since 2007.
Wall Street stocks sold off sharply on Friday, with all three major U.S. stock indexes posting their biggest one-day percentage declines since Jan. 3, as weak factory data from the United States and Europe led to an inversion of U.S. Treasury yields, fueling fears of a global economic downturn. Capping five tumultuous days of trading, the S&P 500, the Dow and the Nasdaq were all down for the week. A weaker-than-expected reading of U.S. factory activity in March, along with similarly dour reports from Europe and Japan, helped send U.S. Treasury yields into an inversion, with the spread between yields of three-month Treasury bills exceeding those of 10-year notes for the first time since 2007.
Key stock indexes sold off hard to close at session lows as trade concerns, falling bond yields and weak manufacturing data from Europe weighed.
Equities slid after new reports showed that the manufacturing industries in the U.S. and Germany slid in March, fueling concerns of a global slowdown.
Stocks fell sharply and ended near session lows Friday as a round of disappointing economic data out of Europe and an inversion of the U.S. Treasury yield curve stoked worries over global growth. The Dow Jones Industrial Average dropped around 460 points, or 1.8%, to end near 25,503, according to preliminary data, while the S&P 500 shed 1.9% to close near 2,801. The Nasdaq Composite dropped 2.5% to end near 7,643. Equities began the session on a weak note after purchasing-managers-index readings across Europe came in weaker than expected. Losses were extended after a measure of the yield curve inverted, with the yield on the 10-year Treasury note falling below the yield on the 3-month T-bill. An inversion is seen as a reliable recession indicator, typically preceding such downturns by around a year or more.
Wall Street stocks sold off sharply on Friday, with the benchmark S&P 500 index falling nearly 2 percent as weak factory data from the United States and Europe led to an inversion of U.S. Treasury yields, ...
President Trump said he plans on nominating his former economic adviser to a position at the Fed, the central bank that he has criticized for raising interest rates.
Two of the Federal Reserve's most dovish officials on Friday both shied away from calling for the central bank to cut interest rates. St. Louis Fed President James Bullard, in an interview with the Wall Street Journal on Friday, said the central bank may have tightened "a little bit too far" but didn't call for reversing course. Earlier,Minneapolis Fed President Neel Kashkari said only that he thinks the Fed is close to a neutral policy stance and he hoped the central bank hadn't pushed its benchmark Fed funds rate up to a level that was causing the economy to contract. Both said they supported the Fed decision this week to hold interest rates steady.
Stephen Moore, who President Trump on Friday said he would nominate to the Federal Reserve, said in an interview he will be an "independent voice." Speaking to Bloomberg Television, the campaign adviser to Trump said his previous call to fire Chairman Jerome Powell "was probably written in a time of anger" but that the December rate hike was a mistake that has been reversed. He said he looked forward to working with Powell and that Powell could be a "hero." "I do not want to be disruptive, I want to be somebody that can really help Chairman Powell and the others on that board to construct the best pro-growth, stable price system that we can for this country," Moore said.
It's time for Retirement Ready, brought you by Fidelity Investments. We know how important it is to start saving as early as possible for retirement, but what are some ways to get the biggest bang for your buck? Joining us to discuss is Principal of Presley Wealth Management, Christy Smith.