|Day's Range||6,830.76 - 6,994.75|
|52 Week Range||6,630.67 - 8,133.30|
Consumers, the labor market, and the financial situation for most U.S. households points to an economy that is likely to remain in good shape despite slower growth due to the boost from tax cuts wearing off.
Yahoo Finance’s Alexis Christoforous and Dion Rabouin discuss how the market volatility is impacting emerging markets.
The bull run will continue in 2019, but it may be time to start getting defensive and raise cash allocations, according to Goldman Sachs’ 2019 stock market outlook.
U.S. financial markets are closed on Thursday for the Thanksgiving Day holiday. But the market has another reason to be thankful on Friday.
Cash is king, according to Goldman Sachs strategists who predict that 2019 will deliver lackluster, single-digit equity returns, making greenbacks the best game in town.
Just like hedge funds can wreak havoc when they deleverage, a little bit of increased selling pressure can have an outsize impact.
Global stocks steady, with modest declines in Asia offset by gains for European benchmarks, as investors attempt to restore order on the final trading day of the week. Oil prices rebound following a Tuesday sell-off which push U.S. crude prices to the lowest level in more than a year as the dollar drifts and private data shows a drawdown in domestic stockpiles. U.S. equity futures suggest a 100 point gain for the Dow after it slips into negative territory for the year last night ahead of earnings from Hewlett Packard and Deere & Co.
Anxiety about global trade policy and an ongoing rout of technology stocks have put the S&P 500 in danger of ending its six-year streak of Thanksgiving week gains, the latest milestone threatened by recent market turbulence. In the past 10 years, the index has averaged a 1.3% advance during Thanksgiving week, and posted a 0.7% climb on average that week going back to 1950. Internet stocks have driven much of the recent success, with the tech-heavy Nasdaq Composite averaging a 1.3% rise the week of Thanksgiving in the last 20 years.
Major indexes in Australia, Japan and South Korea declined amid shaky investor confidence following overnight declines in U.S. stocks.
Thanks to the shale revolution, plunging oil prices are a drag on U.S. economic growth, but the hit is uneven, notes one economist.