|Day's Range||7,493.98 - 7,582.89|
|52 Week Range||6,517.93 - 8,133.30|
Stocks are in rally mode as all three of the major indices opened higher on Friday.
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Stocks sold off on Thursday as the market turmoil that started last week still has not been completely flushed out of the market as investors eye some key earnings expected out Friday morning.
Fed Vice Chair Randal Quarles said Thursday that he has an "optimistic" outlook on the economy, adding that his preferred rate hike path is "more gradual" than others on the Fed.
The latest on developments in financial markets (all times local): 11:45 a.m. Strong earnings from big U.S. companies are sending stocks solidly higher at the end of a choppy week of trading. Procter & ...
U.S. stocks rose broadly on Friday, driven by the consumer staples sector which was helped by Procter & Gamble results, brushing aside growth risk concerns in Europe and political tensions in Saudi Arabia. Consumer goods bellwether Procter & Gamble reported a surprise rise in first-quarter sales, sending its shares up 6.8 percent and boosting the consumer staples index by 1.8 percent. At 11:34 a.m. ET the Dow Jones Industrial Average was up 90.67 points, or 0.36 percent, at 25,470.12, the S&P 500 was up 12.99 points, or 0.47 percent, at 2,781.77 and the Nasdaq Composite was up 34.52 points, or 0.46 percent, at 7,519.66.
While Thursday's market declines were sizable, all but one of the indices managed to hold their respective support levels (see below). 1. All of the indices held their respective support levels with the one exception of the Dow Jones Transports (see above). 2. The S&P 500, Nasdaq Composite, Nasdaq 100 and Value Line Arithmetic Index closed on support while the S&P MidCap 400 Index tested support but closed above.
Stocks rose across the world on Friday with a global index aiming to avoid a fourth consecutive weekly loss, but concerns over Italy's budget weighed on its stocks and bonds. The benchmark Italian bond yield rose to 4-1/2 year highs and the euro touched a 10-day low before rebounding as the European Union called Rome's draft budget an "unprecedented" breach of EU fiscal rules. The selling of Italian assets subsided after European Economics Commissioner Pierre Moscovici said he wanted to reduce tensions with Italy over its 2019 budget.
By Rodrigo Campos NEW YORK (Reuters) - Stocks rose across the world on Friday with a global index aiming to avoid a fourth consecutive weekly loss, but concerns over Italy's budget weighed on its stocks ...
U.S. stocks trade higher Friday, with the Dow Jones Industrial Average up more than a 100 points, as a rebound in China’s main equity benchmarks assuaged dread about waning global growth..
U.S. stocks rose broadly on Friday, as a raft of strong corporate earnings helped allay concerns over growth risks in Europe and political tensions in Saudi Arabia that drove a 1 percent drop a day earlier. At 9:53 a.m. EDT the Dow Jones Industrial Average was up 190.64 points, or 0.75 percent, at 25,570.09, the S&P 500 was up 22.18 points, or 0.80 percent, at 2,790.96 and the Nasdaq Composite was up 81.84 points, or 1.09 percent, at 7,566.98. U.S. stocks fell sharply on Thursday, weighed down by the European Commission's warning to Italy and U.S. Treasury Secretary Steven Mnuchin's decision to pull out of an investor conference in Saudi Arabia.
Activision Blizzard’s (ATVI) revenue rose at a four-year CAGR (compound annual growth rate) of 13% to $7.2 billion in 2017. Its net income rose at a four-year CAGR of 15% to $1.7 billion. Its Retail Channel and Other segments generated the rest of its revenue.