|Day's Range||6,851.6313 - 6,901.1323|
|52 Week Range||5,371.8901 - 6,914.1899|
Tax reform will be top of mind for investors as the economic and earnings schedule is quiet into the end of the week.
U.S. stock futures advanced on Friday, on track to add to weekly gains as investors appeared to shake off the latest worries over progress for tax cuts.
After a bright start U.S. stocks slipped on Thursday after Marco Rubio, the Republican Senator from Florida, suggested he may not support the latest version of the GOP tax bill. The S&P 500 dropped 0.4%, the Dow Jones Industrial Average fell 0.3%, while the Nasdaq Composite declined 0.3%. In U.S. after-hours stock news: DDR (DDR) surges 9% after the shopping mall REIT announced the spin-off of a portfolio of 50 assets, comprised of 38 Continental U.S. assets and the entirety of the Puerto Rico portfolio into a separate publicly-traded REIT to be named Retail Value Trust ("RVT"). Hess (HES) jumped more than 6% after the Wall Street Journal reported that activist investor Elliott Management is hoping to either to remove John Hess as CEO or push him consider a sale of the energy company.
Major U.S. stock indexes fell on Thursday, with the S&P 500 down the most in a month, as investor worries over potential roadblocks to the Republicans' tax overhaul more than offset optimism over strong retail sales data. "The last catalyst left for this year is tax reform. Any market move is based on the shifting probabilities of its passage," said Michael Antonelli, managing director, institutional sales trading at Robert W. Baird in Milwaukee, citing uncertainty over Rubio's demands.
U.S. stock-market indexes relinquish earlier gains, which took the Dow industrials to intraday record in the morning, and ended lower on Thursday, with the selling pressure coming from health care, materials ...
World shares were lower on Thursday after concern from investors over potential obstacles to Republican's tax overhaul and a slate of policy meetings from major central banks in Europe. While U.S. Congressional Republicans reached a deal on final tax legislation on Wednesday, some policymakers said they were unhappy with the legislation's child tax credit approach. "The fear they can't get corporate tax cuts across the finish line might be causing the market to turn down, despite the strong retail sales and other good economic data," said Kim Forrest, senior equity research analyst at Fort Pitt Capital Group in Pittsburgh.
The Russell 2000 index of small capitalization shares fell sharply on Thursday, seeing a steeper drop than the overall market. The index fell 1.1%, its biggest one-day percentage decline since Nov. 7. ...
U.S. stocks ended lower on Thursday as investors worried about potential roadblocks to Republicans' tax overhaul, offseting their optimism over strong retail sales data. Based on the latest available data, ...
The Dow Jones Industrial Average snapped a five-day winning streak Thursday with the market taking a breather after several record-breaking sessions. Materials and health care sectors topped the losses ...
The main indexes erased small gains and were trading near session lows as selling extended into afternoon trading Thursday.
The Dow Jones Industrial Average was trading lower Thursday afternoon as health-care stocks pressured the main benchmarks. The Dow was down 54 points, or 0.2%, at 24,530, with shares of UnitedHealth Group ...