^IXIC - NASDAQ Composite
| Previous Close | 7,766.62 |
| Open | 7,828.35 |
| Volume | 1,792,335,441 |
| Day's Range | 7,828.35 - 7,907.52 |
| 52 Week Range | 6,190.17 - 8,339.64 |
| Avg. Volume | 1,987,882,222 |
- MarketWatch
Rising defaults in high-yield bonds puts this year on track for postcrisis record, warns Goldman Sachs
Since January, a total of $36 billion of so-called junk-bonds have defaulted, thanks largely to several debt-laden energy players looking for reprieve from creditors in bankruptcy court.
- MarketWatch
Predicting what happens next in stocks will get trickier this fall when markets navigate a roller coaster of big events
But rather than call it quits, investors may want to stay invested in stocks as the barrage of potentially market-moving events kick off, from China tariffs to Brexit to central bank meetings, which could yield more global interest rate cuts
- MarketWatch
Famed short-seller questions Trump as ‘the world’s greatest negotiator’
President Donald Trump told reporters on Tuesday that he’s delaying some tariffs on Chinese imports to give consumers some holiday shopping relief. Short-seller Jim Chanos used his “Diogenes” Twitter account to question his wisdom.
- MarketWatch
Copy insiders and buy these stocks — because they see no recession looming
With everyone from DoubleLine Capital’s Jeffrey Gundlach to inverted yield curve disciples now forecasting a recession, it must be time to join the crowd and sell stocks, right? Actually, this is exactly the wrong thing to do right now.
- MarketWatch
Goldman: Huawei deadline could further escalate a ‘full-blown economic conflict’ between U.S., China
U.S.-China trade tensions could escalate next week following the expiration of an export ban against Chinese telecom giant Huawei
- Barrons.com
Stocks Swing Wildly as Yield Curve Flips. Is There a Recession Out There?
Normally, these signs would be enough to make investors plan for the end of the bull market, even if the market has a habit of rising between the first inversion and the start of a bear. But these aren’t normal times.
- Barrons.com
The Dow Surged 307 Points Because Buying Bonds Is Played Out
U.S. stocks surged Friday as Treasury bond yields finally stopped falling after a volatile week. Still, they couldn’t climb enough to end the week in the black.
- MarketWatch
Dow ends up 300 points after volatile week but stocks still end down for week
U.S. stocks were on the rise Friday, but Wall Street was still on track for weekly losses, as U.S. Treasury yields recovered from multi-year lows and investors continued to track U.S.-China trade negotiations.
- Reuters
GLOBAL MARKETS-Dollar firms, stocks soar on ECB rate cut expectations
U.S. and European stocks surged on Friday on expectations the European Central Bank will cut interest rates but the dollar pared gains against the euro after a report said the German government was prepared to take on new debt to lift the economy. The dollar hit a two-week high against the euro as expectations of ECB stimulus weighed on the single currency and bullish data showing a jump in U.S. homebuilding permits to a seven-month high also helped lift the greenback. The euro rebounded to pare most losses after Der Spiegel magazine said the German government would be prepared to ditch its balanced budget rule and take on new debt to counter a possible recession.
- Reuters
US STOCKS-Wall Street ends sharply higher on German stimulus optimism
U.S. stocks rebounded on Friday as an ebbing bond rally and news of potential German economic stimulus brought buyers back to the equities market, closing the book on a tumultuous week. Germany's coalition government is willing to suspend its balanced budget rule and take on debt, according to Der Spiegel magazine, raising hopes that Europe's largest economy could steer itself away from recession and cooling worries over a global economic slowdown. David Carter, chief investment officer at Lenox Wealth Advisors in New York, agreed, but added that underlying anxieties remain.
- MarketWatch
Dow ends Friday over 300 points higher -- already marking one of the wildest month for stocks since December
U.S. stock indexes on Friday finished sharply higher, wrapping up a volatile week for Wall Street, marked by concerns about weakening corporate earnings and uncertainty over the health of the U.S. and global economy. The Dow Jones Industrial Average [: DJIA] closed up 307 points, or 1.2%, to 25,886, the S&P 500 index ended 1.4% higher to 2,889, while the Nasdaq Composite Index closed 1.7% higher at 7,896 (on a preliminary basis). For the week, however, the Dow finished 1.5% lower, the S&P 500 ended down 1%, while the Nasdaq retreated 0.8%. The Dow marked its eighth move of at least 1% so far this month, the most 1% moves since December 2018 when it had 12, according to Dow Jones Market Data. Investors will be looking for guidance from central-bank policy makers next week when Federal Reserve officials are slated to meet at the Jackson Hole symposium on Thursday, a day after minutes from the Fed's July 31 policy gathering is released. This past week was marked by heightened anxieties about a domestic recession after the 10-year Treasury rate fell below that of the 2-year Treasury note briefly on Wednesday, a condition that has been an accurate predictor of economic recessions in the months after the so-called yield-curve inversion takes place.
- MarketWatch
These 10 ‘grey swan’ events could conspire to imperil global economy and markets
Even as high-probability risks capture the minds of investors, there is a growing combination of lower-probability risks, that could create even more heartburn for investors as the third quarter draws to a close.
- Market Realist
Where the Stock Market Could Be Headed Soon
The stock market has seen big moves both ways this week. The S&P; 500 (SPY) has surged 1.3% today as bond yields have risen.
- Investor's Business Daily
Stock Market Soars As Recession Fears Go On Back Burner — For Now; Apple Leads Dow Jones
The stock market powered higher Friday as fears of a recession went on the back burner. Nvidia and AMD led the Nasdaq. Apple outperformed in the Dow Jones.
- Reuters
US STOCKS-Wall Street boosted by stimulus hopes
Stocks got a boost after a report that Germany's government would be prepared to ditch its balanced budget rule and take on new debt to counter a possible recession. "Germany is now telling us that we are going to have to move forward and spend at a deficit in an effort to keep our economy and the broader economy afloat," said Yousef Abbasi, global market strategist at INTL FCStone Financial Inc in New York.
- Barrons.com
The Dow Is Rising Because Treasury Yields Stopped Dropping
The Dow Jones Industrial Average gained 278.54 points, or 1.1% to 25,857.93, while the 10-year yield has risen 0.026 percentage point to 1.56%.
- MarketWatch
‘Godfather’ of technical analyst says he’s never seen such ‘a confluence of confusion’ on Wall Street
If it feels to Wall Street investors that a period of seismic volatility has gripped markets, they aren’t alone.
- Motley Fool
Stock Market News: Applied Materials, NVIDIA Report Mixed Results
Major benchmarks picked up some ground on Friday morning.
- MarketWatch
Central banks ‘racing to the bottom’ means one thing, says Mark Mobius: that the stock market will do ‘very well’
The octogenarian investment manager who co-founded Mobius Capital Partners last year says the market should do well in this environment.
- MarketWatch
Dow jumps more than 300 points in late-morning trade as yields punch higher
The Dow Jones Industrial Average rose to session highs Friday morning alongside a climb for government bond yields on the day. The Dow was up 327 points, or 1.3%, at 25,907, the S&P 500 index advanced 1.5% at 2,890, while the Nasdaq Composite Index rose 1.7% to 7,900. The move came as the 10-year Treasury note rose to 1.58% from around 1.51% earlier in the session.
- Benzinga
Investors Seem More Optimistic As Trade, Bond Market Worries Ease
After two weeks of heightened volatility on international currency, trade, and bond market worries, investors and traders may be experiencing some fatigue heading into the weekend. It’s another example of how attuned to trade-related news the market seems to be, given the level of concern about the trade war’s effects on the global economy.
- Investor's Business Daily
Dow Jones Rallies To Cap Off Wild Week; Nvidia Surges 7%
The major stock indexes were sharply higher early Friday, as they looked to end a volatile week with solid gains. Nvidia stock jumped 7%.
- Reuters
US STOCKS-Wall Street climbs at end of turbulent week
Investors are also expecting further interest rate cuts from the Federal Reserve and moves by the European Central Bank next month to fight softening growth. Among stocks, Nvidia Corp jumped 8.3% after posting better-than-expected quarterly profit and revenue, lifting the Philadelphia chip index by 2.23%. The S&P 500 bank sub-sector rose 0.98% as rate-sensitive lenders benefited from U.S. Treasury bond yields easing off their lows.
