|Day's Range||7,822.8267 - 7,863.7739|
|52 Week Range||6,177.1899 - 7,867.1499|
Global stock markets were drifting lower Thursday as investors awaited further moves in global trade disputes with the U.S. mulling whether to impose new tariffs on autos and auto parts. Its trading partners ...
U.S. stocks Wednesday finish mostly higher, with the technology-centric Nasdaq ending oh-so-close to a back-to-back record, as an anecdotal account of business conditions in the Federal Reserve’s 12 districts painted an upbeat picture of the domestic economy.
SEOUL, South Korea (AP) — Asian stock markets were drifting Thursday in mixed trading as investors awaited further moves in global trade disputes.
U.S. stocks rose Wednesday as investors parsed another wave of U.S. earnings reports and the Federal Reserve signalled the economy is accelerating. Corporate earnings season is off to a robust start, with about 8% of firms in the S&P 500 having reported so far. Investors hope that earnings season will offer a spark for stocks, which were under pressure for much of June amid trade-related worries.
Asian stocks closed mixed on Thursday, with some markets losing steam after initially gaining on the back of Wall Street's advance on strong earnings. Chinese equities extended their losing streak. White House economic advisor Larry Kudlow said trade talks with China had stalled.
Profit margins on an uptrend, stock price on an uptrend -- rather simple investing concept to grasp. Such is one reason (among many) behind the monumental move in tech stocks over the last year. The heady appreciation in names underlying Jim Cramer's Cloud Kings investing acronym have aided in the bullishness on the Nasdaq.
The S&P 500 rose to its highest in more than five months and the Dow climbed for a fifth session on Wednesday as solid earnings boosted financial and industrial stocks and reinforced expectations for a strong second-quarter reporting season. Upbeat earnings from railroad CSX Corp and airline United Continental helped lift the S&P 500 industrials index, which gained 1.1 percent and was among the day's best-performing sectors. The Dow Jones Transport Average jumped 2.3 percent, its biggest daily advance in three months.
Big gains for banks and for transportation companies like airlines and railroads took U.S. stock indexes slightly higher Wednesday. Other parts of the market didn't move much.
Both equity and bond investors have continued to crowd into the U.S. technology sector in 2018, but deteriorating credit quality of this sector suggests the risk of serious troubles ahead, according to analysts at S&P Global Ratings.
President Trump is attacking critics, and defending his meeting with Vladimir Putin, as he tries to clarify his position on Russia’s meddling in the 2016 election. Yahoo Finance’s Alexis Christoforous, Dion Rabouin and Peter Kenny of Strategic Board Solutions discuss.