|Day's Range||8,023.81 - 8,128.88|
|52 Week Range||6,190.17 - 8,133.30|
A new report from Dutch bank ING predicts tough times for the U.S. economy after the 2020 election but just how tough depends on who wins.
Corporate profits have not been as weak as the stock market feared, helping push stocks to new highs.
World shares took a step back on Wednesday as signals that China has put broader stimulus on hold offset positive results from Credit Suisse, which kicked off the earnings season for European investment banks. European shares followed Asia lower, pulling back from eight-month highs, with the pan-regional STOXX 600 index slipping 0.4 percent. "The big picture is the tussle between Asia, which has pulled back, and America, where the markets made new highs, so Europe is probably going to be a bit torn between the two," said Andrew Milligan, head of global strategy at Aberdeen Standard Investments.
European stocks followed Asian shares lower, while U.S. equity benchmarks pointed to a softer open in the wake of Tuesday’s record close. Losses for raw-material producers threatened to end the longest run of gains since October 2017 for the Stoxx Europe 600 Index, with banks drifting lower despite positive earnings from Credit Suisse. The buoyancy that took U.S. stocks to record highs appears to have triggered some soul-searching among investors, with positive earnings surprises in Europe failing to erase lingering concerns about the region’s economic outlook.
BANGKOK (AP) — Shares were mixed in Europe and Asia on Wednesday after the S&P 500's all-time record high close a day earlier failed to spark buying enthusiasm overseas.
Investors are tracking corporate earnings, which have been better-than-expected. As a result, the S&P 500 and the Nasdaq Composite closed Tuesday on record highs. This is leading bond traders to weigh up whether the Federal Reserve could perhaps return to a more hawkish stance.
Global stocks dip, following last night's record closes on Wall Street, as investors regroup for another wave of earnings on Wall Street. Global oil prices ease after the IEA says markets have "comfortable" spare capacity to fill any supply gap from Iran sanctions, with Energy Department data on U.S. stockpiles reporting later today. U.S. equity futures suggest modest declines on Wall Street ahead of earnings from Dow components Boeing, AT&T, Caterpillar and Visa, with Microsoft, Facebook and Tesla following after the close of trading later today.
The new peak came after a run of well-received earnings and more dovish signals on monetary policy from the Federal Reserve. Dialog Semiconductor’s shares fell almost 3 per cent in Frankfurt, but the wider European tech sector held its nerve, with the Stoxx index tracking the sector up 2 per cent, against a slip of 0.2 per cent for the wider Stoxx 600.
Stock futures were steady amid a wave of earnings from Snap, Texas Instruments, eBay, iRobot and more. Texas Instruments signaled that a chip downturn may last longer than expected.
The S&P 500 hit an all-time high Tuesday, marking the stock market's complete recovery from a nosedive at the end of last year.
Shares in Asia were mixed. Australia's ASX 200 had its highest close in more than a decade on Wednesday. Stocks in Asia were mixed on Wednesday after the S&P 500 and Nasdaq Composite closed at record-high territory overnight on Wall Street.
Stocks in 2019 have thus far befuddled Michael Wilson, with the S&P 500 and Nasdaq Composite breaking out above their closing records in Tuesday trade.
The S&P 500 index closed at a record high Tuesday, surpassing the peak it set last September and recouping all the ground it lost in a nosedive late last year. The Nasdaq index also closed at a new high. ...
Markets are foward looking. That means the economic data that so worries investors will pick up in the summer. That’s good news for stocks.
The S&P 500 is on track to have its best year since 1987, while the Nasdaq is on track for its best year since 1991. And there’s no end in sight.
The S&P 500 index and the Nasdaq registered record closing highs after a broadbased rally on Tuesday, as a clutch of better-than-expected earnings reports eased concerns about a slowdown. In Tuesday's trading the benchmark index finally erased all the steep losses it saw in late 2018 by ending the day above the previous record reached on Sept. 20.
The S&P 500 and Nasdaq close at record highs Tuesday as investors cheered the latest batch of solid corporate earnings, including those from blue-chip Coca-Cola Co. and social-media brands such as Twitter Inc.
The S&P 500 index and the Nasdaq Composite on Tuesday finished in record territory, notching all-time highs for the first time since fall and late summer, powered by gains in health-care and the consumer-discretionary sectors. The S&P 500 index finished up 0.9%, or 26 points, at 2,934 (on a preliminary basis), above its closing high at 2,930.75 put in on Sept. 20. The health-care sector, as reflected in the Health Care Select Sector SPDR ETF , rose about 1.6% on Tuesday. Consumer-discretionary shares, as gauged by the Consumer Discretionary Select Sector SPDR ETF , climbed 1%. The Nasdaq Composite Index finished up 1.3% at 8,120, closing above its Aug. 29 all-time closing high at 8,109.69. Meanwhile, the Dow Jones Industrial Average notched a 0.6% gain to end at 26,656, just off its Oct. 3 record at 26,828.39. The three main benchmarks have mounted a steady ascent since putting in their lows on Dec. 24, when equity indexes suffered heavy losses during a bruising fourth-quarter selloff that dragged the Nasdaq into bear-market territory, defined as a decline of at least 20% from a recent peak, and left the S&P 500 on the edge of ending its longest bull run ever. Strong earnings reports have to fuel Tuesday's advance, as shares of social-networking platform Twitter Inc. , and aerospace giant Lockheed Martin Corp. and United Technologies Corp. rallied after quarterly results on the session.
The S&P 500 finished more than three points above its closing high at 2,394, and the Nasdaq composite closed almost 10 points above its previous high at 8,120. The closing represents a bounce back after heavy losses on Dec. 24.