|Day's Range||7,585.32 - 7,665.15|
|52 Week Range||6,190.17 - 8,176.08|
A new survey from the Fed found that the long economic recovery has not leveled the playing field for black, Hispanic, and less educated Americans, who may be turning to gig work for financial fortitude.
Regent Atlantic Partner, Andy Kapyrin, gives his take on investors' reaction to the trade war between the U.S. and China. He talks with Yahoo Finance's Julie Hyman, Adam Shapiro, Dan Roberts and Bullseye Brief's Adam Johnson.
Yahoo Finance's Julie Hyman, Adam Shapiro, Andy Serwer and Rick Newman talk with Bullseye Brief Publisher Adam Johnson about the latest in the China-U.S. trade war and its impact on the markets.
By Tomo Uetake Tokyo (Reuters) - Asian shares hobbled near four-month lows on Friday and crude oil plunged on worries the U.S.-China trade spat was developing into a more entrenched strategic dispute between ...
Dow Jones futures: The China trade war smashed the stock market Thursday. Boeing rose late on 737 Max hopes. Autodesk and Splunk were key earnings movers.
President Donald Trump rolled out another $16 billion in aid for farmers hurt by his trade policies, and financial markets shook Thursday on the growing realization that the U.S. and China are far from settling a bitter, year-long trade dispute. Agriculture Secretary Sonny Perdue said that the first of three payments is likely to be made in July or August and suggested that the U.S. and China were unlikely to have settled their differences by then. The latest bailout comes atop $11 billion in aid Trump provided farmers last year.
The Fed might not cut rates soon and PMI has slipped. The Dow Jones Industrial Average lost 1.11% to close at 25,490.47. The S&P 500 tumbled 1.19% to end at 2822.24, and the Nasdaq Composite has dropped 1.58% to close at 7628.28.
Stocks slumped on Wall Street Thursday, handing the market its second straight loss, as investors worried about an apparent stalemate in trade talks between the U.S. and China.
U.S. stocks slumped on Thursday as investors dumped shares of companies in growth and cyclical sectors, with energy and technology leading declines, on fears that the escalating U.S.-China trade war would stymie global economic growth. Further fuelling trade fears among investors, Beijing said that Washington needs to correct its "wrong actions" for trade talks to continue after the United States blacklisted Huawei Technology Co Ltd last week. Among S&P 500 sectors, only utilities and real estate, both considered defensive areas, registered gains as investors moved to safe-haven assets such as Treasuries.
U.S. stocks bounce off intraday lows but still finish lower Thursday as big losses in technology and energy sectors dragged on the broader market amid signs that trade tensions between the U.S. and China are escalating.
U.S. stocks slumped on Thursday as investors dumped shares of companies in growth and cyclical sectors, with energy and technology leading declines, on fears that the escalating U.S.-China trade war would stymie global economic growth. Among S&P 500 sectors, only utilities and real estate, both considered defensive areas, registered gains as investors moved to safe-haven assets such as Treasuries. Stocks pared losses in the last hour of trading, but Wall Street's major indexes all ended more than 1% lower.
World shares skidded further on Thursday and oil prices plunged more than 5% as investors worried the China-U.S. trade spat was turning into a technology cold war between the world's two largest economies, boosting the dollar and knocking benchmark government debt yields down.
Among the S&P 500's major sectors, only utilities and real estate, both considered defensive areas, registered gains as investors moved to safe-haven assets such as Treasuries. Shares of S&P 500 technology and industrial companies, two sectors that have been bellwethers of trade sentiment, fell more than 2%. Shares of S&P 500 companies in the cyclical financial and energy sectors also tumbled, with the 3.8% drop in energy shares leading losses among S&P 500 sectors.
The stock market correction worsened Thursday as the major stock indexes tumbled on mounting worries over the trade war with China.
U.S. stocks ended a tumultuous session with sharp losses on Thursday after Wall Street dawned on the possibility that a prolonged U.S.-China trade spat may be a more likely outcome than a near-term truce. The S&P 500 fell 1.2% to finish around 2,822. The Dow Jones Industrial Average shed 286 points ,or 1.1%, to end around 25,490, based on preliminary numbers. The Nasdaq Composite slipped 1.6% to finish near 7,628. Key equity benchmarks pared declines toward the end of the session. Appetite for risk assets soured after analysts said a trade war may no longer be a tail risk and instead the baseline scenario. The stock-market jitters aided the bond-market's rally, with the 10-year Treasury yield fell to around 2.30%, its lowest level since Oct. 2017. Debt prices move in the opposite direction of yields. Prices for West Texas Intermediate oil fell 5.7% to $57.91 a barrel, marking its biggest drop for the year. Shares of Best Buy Co. slumped 4.8% after the retailer issued an anemic outlook for the full year of 2019, even though its earnings beat analyst expectations.
U.S. stocks tumbled on Thursday as investors dumped shares in most sectors with technology financials and energy leading the declines due to fears the escalating U.S.-China trade war would stymie global ...
The U.S. stock market will close Monday in observance of Memorial Day to honor and remember the brave men and women who died serving their country.
The stock market woke up on the wrong side of the bed Thursday and stayed there in afternoon trading. The Dow Jones fell 448 points intraday.
The Latest on Market Volatility, Apple, Chip Stocks, and More(Continued from Prior Part)Semiconductor stocks have taken a hit this monthThe tech-heavy NASDAQ Composite Index fell for the third time in four sessions on May 22. On the day, it fell
Stocks extended their losses in afternoon trading, with tech stocks leading the way down, as Wall Street saw higher odds of a full-blown trade war between the U.S. and China
The Arms Index, a volume-weighted measure of market breadth, suggests that despite the stock market's broad and sharp declines on Thursday, the unwind appears to be orderly. The so-called Arms Index tends to rise above 1.000 when the broad market declines, as the ratio of volume in declining stocks over advancers tends to rise relative to the ratio of the number of declining stocks to advancers, as sellers become more aggressive than buyers. A reading of 2.000 or higher is viewed by many as signaling panic. However, the NYSE Arms was at just 0.904 and the Nasdaq Arms was at 0.632, although the Dow Jones Industrial Average [: DJIA] tumbled more than 400 points, or 1.6%, at 25,357, and the Nasdaq Composite Index shed 2% at 7,602. The S&P 500 index was off 1.6% at 2,810, late afternoon Thursday. Currently, declining stocks were 2,320 versus 484 advancers on the NYSE, roughly the same ratio on the Nasdaq. Moves for stocks came as the benchmark 10-year Treasury note yielded 2.30%, falling to its lowest level since December of 2017. Heightened fear of trade war, which could disrupt economic growth was at the heart of the selloff. The relatively placid selling, however, could, perhaps, be pegged to a Memorial Day holiday, with markets in the U.S. set to be closed.
The three main U.S. benchmarks are in store for their sharpest May losses in seven years as Sino-American trade tensions buffet equity values on Thursday.