|Day's Range||7,415.5786 - 7,452.8472|
|52 Week Range||6,081.9600 - 7,637.2700|
Indeed, the S&P 500 index (^GSPC) is staged for the best May performance in nine years, boasting a month-to-date return of 2.8% thus far, while the Dow Jones Industrial (^DJI) also headed for the best May since 2009, according to FactSet data. Back in 2009, the Dow booked a 4.1% return for May as the S&P 500 returned 5.3% that month. The Nasdaq Composite Index (^IXIC) is the outperformer, on track for a May return of 5.2%, which would represent the technology-tilted index’s best rise for that month since 2005, when it advanced by 7.63%.
How much money is in your checking account? Markets are experiencing another period of volatility this week, and new research suggests checking account customers are doing something that indicates they don’t feel as secure as they would like about the economy. Moebs Services, an economic-research firm in Lake Bluff, Ill., analyzed over 12,000 depository call reports and compared them to the Federal Reserve monetary data for 2017.
U.S. stocks stalled Friday but hung on to weekly gains, as tumbling oil prices and worries over political risks from North Korea to Italy kept investors on guard ahead of the holiday-lengthened weekend. Stock indexes around the world struggled to gain ground this week as geopolitical rifts drove investors into relatively safe assets such as government bonds and gold.
Energy companies and oil prices took their worst losses in months Friday on reports OPEC countries plan to produce more oil soon. Stock indexes finished an indecisive week with small losses.
Energy companies and oil prices took their worst losses in months Friday on reports OPEC countries plan to produce more oil soon. U.S. crude oil sank 4 percent after multiple reports indicated that Russia and OPEC could start producing more oil soon. The drop in the price of oil has meant sharp losses for energy companies, but it gave airlines a boost as investors anticipated lower fuel costs.
U.S. stocks closed mostly lower on Friday, largely due to a selloff in energy shares. The S&P 500 energy sectors slumped 2.6%, weighing on the broader index. But all three main benchmarks posted weekly ...
The S&P 500 index and the Dow eased on Friday after a steep drop in oil prices pressured energy stocks, but losses were limited by gains in chipmakers and retail stocks. The S&P energy index slid 2.9 percent, while Chevron dropped 3.7 percent and Exxon Mobil fell 2.1 percent and were the biggest drags on the Dow.
Prominent investment firm Goldman Sachs (GS) also said that the rising rates could change the valuation of the equity market (SPY) (QQQ) (DIA). Rising inflation is signaling that interest rates could rise too. The faster rate hike expectation is pushing the bond yield higher.
NetApp (NTAP) stock has returned 69% in the last 12 months, -2.3% in the last month, and -5.5% in the last five days. It rose 36% in 2016 and 60% in 2017. Since the start of 2018, the stock has risen 21%.
Identifying the difference between a double-bottom and a flat base will help you tell the difference between a proper and an improper buy point.
I think this week we are officially “on pause” with our trade war while negotiations continue. Though I think the last update was that President Trump was not happy with how they are going. Either way, the ongoing fracas (yes, fracas) continues to dent the mood of investors in the US and clearly in China as well. The Hang Seng Index is only up 2% this year while the Shanghai Comp is down 5%. Meanwhile, here in the U.S., the S&P 500 (SPY) is only up 2% while the Nasdaq (QQQ) has gained 8%. It is tempting to not get involved in equities with so much uncertainty. ...
Stocks rose for the week as President Trump hailed and then doubted China trade talks. Micron soared on good news. Retailers were hot or cold. Oil prices and Treasury yields tumbled.
The results are especially poor in midterm election years, as is 2018. The benchmark index’s performance is essentially flat over the month, with an average decline of 0.03%, according to the Almanac. Historical statistics paint a more positive picture for the Nasdaq Composite Index (^IXIC), which is currently the best-performing of the three major indexes in 2018.
U.S. stocks opened slightly lower on Friday, as selling in energy shares weighed on the main indexes. The main benchmarks looked set to finish the week with modest gains, however. The Dow Jones Industrial ...
HONG KONG (AP) — World stock markets were mixed Friday as investors eyed the diplomatic rhetoric over North Korea, developments in global trade disputes and prepared for a long weekend in the U.S. and Britain.
The Dow just might saunter to a weekly win. Count JonesTrading’s Michael O’Rourke among the strategists marveling at the stock market’s resilience. Ahead of 2018’s 101st session, he offers a chart that ...
Stock futures rose early Friday. Splunk, Veeva, Ross Stores and Deckers Outdoor closed in buy range, but were active overnight on earnings. Autodesk, near a buy point, also reported earnings.
U.S. markets will be shuttered Monday, May 28 for the Memorial Day holiday, while London markets not be trading for their own bank holiday.
Wall Street stocks were poised for modest gains on Friday, with geopolitics still a distraction for investors, but a clutch of economic data and Fed speakers are swinging into focus ahead of the long holiday ...
U.S. stocks opened lower Friday morning as solid corporate earnings were tempered by geopolitical fears after President Donald Trump called off a key summit with North Korea.
The Dow Jones Industrial Average declined Thursday after President Donald Trump called off a summit with North Korea, hitting investors with another wave of uncertainty. News of the canceled summit came within 30 minutes of the stock market’s open, pulling the blue-chip index down as much as 291 points before it recouped some of its losses later in the afternoon. As major indexes regained a bit of their footing, some money managers said the latest exchange between Washington and Pyongyang could be more of a negotiating tactic than a wholesale abandonment of the peacemaking process.
HONG KONG (AP) — Asian stock indexes were mostly lower Friday as investors factored in fresh geopolitical uncertainty following the abrupt cancellation of a meeting between the U.S. and North Korean leaders.
Asian stocks drifted lower on Friday, although the Nikkei 225 eked out slight gains. Declines came after U.S. President Donald Trump canceled a planned meeting with North Korean leader Kim Jong Un. A U.S. probe into automobile imports on a "national security" basis hit automakers on Thursday, and most South Korean and Japanese automakers extended those declines.