|Day's Range||7,732.6934 - 7,832.6558|
|52 Week Range||6,177.1899 - 7,933.3101|
Turkey is cracking down on US cars and alcohol, as part of new tariffs aimed at the Trump administration. Yahoo Finance’s Alexis Christoforous, Dion Rabouin, and Dan Roberts have more.
Yahoo Finance's Jared Blikre joins Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves.
Barring a breathtaking plunge, the bull market in U.S. stocks on Aug. 22 will become the longest in history, and optimistic investors argue it has miles to go before it rests.
U.S. stock benchmarks are on the track for the worst daily decline since late June as investors grow jittery over the health of Turkey’s economic situation and technology and internet shares unraveled.
MARKET PULSE The Cboe Volatility index spiked on Wednesday, reaching its highest level in more than a month as continuing uncertainty surrounding Turkey weighed on markets. The VIX (VIX) spiked 25%, or 3.
KEY WORDS Scott Minerd isn’t bullish on U.S. stocks. And he can’t emphasize that point enough. The Dow Jones Industrial Average (DJIA) , the S&P 500 index (SPX)and the Nasdaq Composite Index (COMP)are all trading lower early Wednesday, with the equity benchmarks wallowing in a resumption of their hand-wringing over the health of Turkey’s economy as the Turkish lira (USDTRY)relinquishes some hard-fought gains against the U.
While the lira continues to pull back from record lows against the dollar, Turkey on Wednesday doubled tariffs on some U.S. imports including alcohol, cars and tobacco in retaliation to U.S. moves. Meanwhile, Beijing has lodged a complaint to the World Trade Organization to help determine the legality of U.S. tariff and subsidy policies.
U.S. stock indexes fell on Wednesday in a broad-based decline, hurt by concerns over the strong dollar and Turkey's currency crisis, as well as the trade tensions with U.S. trading partners that have dominated the first half of 2018. While the lira continues to pull back from record lows against the dollar, Turkey on Wednesday doubled tariffs on some U.S. imports including alcohol, cars and tobacco in retaliation to U.S. moves.
coverage (as I have said, Buffett is betting on Apple being worth $2 trillion). Sears chairman and CEO Eddie Lampert wrote a letter to the board (which is weird because Lampert controls the company, in effect he is writing himself) released on Tuesday evening (it's always after-market hours with Sears) offering to buy what's left of the Kenmore home appliances business.