|Day's Range||6,934.86 - 7,017.92|
|52 Week Range||6,630.67 - 8,133.30|
Investors concerned over U.S., China trade talks and Musk tells 60 minutes he doesn’t respect the SEC. That plus all the day's financial news.
A slight miss on the November jobs report probably won't deter the federal reserve from raising rates at its meeting later this month. But with recent market turmoil, could the Fed go a different way as we head into 2019? Yahoo Finance's Adam Shapiro, Julie Hyman and Melody Hahm discuss with Dean Baker - Center for Economic and Policy Research, Senior Economist.
(Reuters) - U.S. stocks opened lower on Monday after a drop in Apple Inc's shares curbed the market's attempt to stage a bounce back from its worst week since March on worries over global growth and the ...
Stocks opened slightly lower Monday, then turned mixed, struggling for direction following a selloff that last week sent the S&P 500 and the Dow Jones Industrial Average back into negative territory for the year to date. The Dow Jones Industrial Average was off 17 points, or 0.1%, near 24,371. Shares of Apple Inc. fell 1.8%, leading blue-chip decliners, after news reports said a Chinese court ordered the company to stop selling older iPhone models in the country after finding it had infringed on two patents held by Qualcomm Inc. . The S&P 500 rose 0.1%, while the Nasdaq Composite advanced 0.5%.
U.S. stocks opened lower on Monday after a drop in Apple Inc's shares curbed the market's attempt to stage a bounce back from its worst week since March on worries over global growth and the China-U.S. ...
STOCKSTOWATCHTODAY BLOG 6:46 a.m. Stocks look set to pick up on Monday where they left off on Friday—with more selling. The good news is that the losses are, for the moment contained. S&P 500 futures have fallen 0.
The week’s 10 worst performers among the S&P 500 all post double-digit declines, led by SVB Financial and American Airlines.
Wall Street is looking to avoid its longest losing streak in a month, with US stock futures staging a comeback on Monday despite the preceding sell-off in global markets. — its worst since March — with a 2.3 per cent tumble on Friday that saw the index rejoin the Nasdaq Composite in correction territory, defined as a drop of 10 per cent from a peak, and experience a “death cross” — a sign of bearish momentum that occurs when the index’s 50-day moving average falls below its 200-day moving average.
With three weeks left until the end of 2018, both the Dow and the S&P 500 are mired in the red. And it will essentially be up to the Federal Reserve to determine whether the stock market will extend its winning streak for a third year or take a breather.
Sunday's drop in futures comes after China summoned the U.S. ambassador to Beijing on Sunday to protest Huawei CFO Meng Wanzhou's detention. The arrest is seen as a potential deterrent to the U.S. and China reaching a permanent deal on trade. Huawei is one of the largest tech companies in China and is seen as symbol of pride by the Chinese government.
Wall Street capped a turbulent week of trading Friday with the biggest weekly loss since March as traders fret over rising trade tensions between Washington and Beijing and signals of slower economic growth.
It’s the worst start to a December in a decade. The Dow Jones Industrial Average tumbled 2.2% to 24,388.95. The S&P 500 fell 2.3% to 2633.08, and the Nasdaq Composite plunged 3.1% to 6969.25.
Stocks dove again on Wall Street Friday, capping a turbulent week of trading that gave the benchmark S&P 500 index its worst weekly loss since March. Technology stocks led the broad sell-off, which erased ...
Wall Street's main indexes fell more than 2 percent on Friday in a broad sell-off led by declines in big Internet and technology shares, and posted their largest weekly percentage drops since March as concerns over U.S.-China trade tensions and interest rates convulsed Wall Street. The S&P 500 erased virtually all of its gains from a week earlier, when the benchmark index notched its biggest weekly rise in seven years.
U.S. stocks deepened their losses Friday as new jitters on trade relations overshadow the November employment report.
U.S. stocks tumbled on Friday in a broad sell-off led by declines in big internet and technology shares, and the benchmark S&P 500 index posted its biggest weekly percentage drop since March as concerns ...
Two of the biggest tech companies, Apple and Google parent company Alphabet, are now down for the year as markets slid on Friday. The Nasdaq Composite Index slipped 3.1 percent Friday. Apple and Alphabet have recently faced heavy speculation.
U.S. stocks finished sharply lower on Friday as trade concerns and a downbeat U.S. jobs report saw the S&P and Nasdaq post their biggest weekly declines since Mar. 23. The S&P 500 ended the day down 2.3%, the Nasdaq Composite Index shed 3.1% and the Dow Jones Industrial Average lost about 550 points, or 2.2%. Tech giants Apple Inc., Alphabet Inc., and Amazon Inc. all ended Friday down more than 3%. Earlier in the session the Labor Department said the U.S. economy added 155,000 jobs in November. Economists polled by MarketWatch had forecast an increase of 190,000.
Selling on the Nasdaq reached panic-like proportions Friday afternoon with less than an hour left in regular trade, as the exchange's Arms index rose. The Arms is a volume weighted breadth measure, that tends to rise when the broader market falls, as the intensity of the selling in declining stocks is usually greater than the intensity of buying in rising stocks. Levels above 2.000 are considered panic-like activity. The Nasdaq Composite Index was off 3% at 6,969. The number of advancing stocks compared against decliners was at 2,108 to 787, pushing the Arms index on the exchange to 2.068. Meanwhile, the S&P 500 index was trading 2.2% lower at 2,635 and the Dow Jones Industrial Average tumbled 595 points, or 2.3%, at 24,374 on Friday. All three benchmarks were looking at their worst weekly drops since the period ended March 23, down nearly 5%, according to FactSet data.
The Dow Jones Industrial Friday afternoon was on track to registered its worst weekly decline in about 8 months, according to FactSet data. The Dow was down about 622 points, or 2.5%, at 24,323, with that drop contributing to a 1,219 points loss over the course of the abbreviated week(the stock and bond markets were closed on Wednesday to mark a day of mourning for George H.W. Bush on Wednesday). If it holds, it would represent the steepest weekly slump since the week ended March 23. The blue-chip index's decline has come amid intensifying worries that global growth is likely to slow in the coming year or two, with a clash between China and the U.S. likely contributing mightily to those fears. Those concerns were dragging the S&P 500 index and the Nasdaq Composite Index sharply lower, with all three benchmarks on track to produce weekly declines of nearly 5%. The S&P 500 and the Nasdaq also are headed for their worst weekly drop since late March.
A fresh tumble for the Dow Jones Industrial Average on Friday was putting the blue-chip benchmark on the verge of shedding 10% from its recent peak in October, which would place it back in correction. The Dow was most recently off about 600 points, or 2.4%, at 24,354, with that decline placing it about 9.3% short of a dropping 10% from its Oct. 3 all-time high at 26,828.49, according to FactSet data. The decline comes amid fresh worries about trade relations between China and the U.S., with the S&P 500 index and the Nasdaq Composite Index also trading sharply lower on the day, even after a cooler-than-expected jobs report, showing that 155,000 jobs were created in November, offered some suggestion that the Federal Reserve may be more deliberate in raising borrowing costs in coming months. If the Dow were to tumble back into correction, it would join the S&P 500 and the Nasdaq.
Wall Street's main indexes fell more than 2 percent on Friday, led lower by technology and healthcare shares, as investors digested renewed U.S.-China trade tensions and a turbulent week of trading neared an end. Concerns over U.S.-China trade relations were fanned by White House trade adviser Peter Navarro's comments that U.S. officials would raise tariff rates if the two countries could not come to an agreement during a 90-day negotiating period.