|Day's Range||7,755.4819 - 7,806.5962|
|52 Week Range||6,081.9600 - 7,806.5962|
Recessions occur every six years or so, on average. It’s been nine years since the last recession ended. By this time next year, the current economic expansion—if it continues—will be the longest in US history. But - should you start prepping for the eventual downturn? Rick Newman is here to discuss why its time.
Asian stocks were muted in early Thursday trade after Wall Street closed mixed. Trade concerns continued to simmer after a recent sell-off in global markets. Asian stocks were muted on Thursday as global markets calmed after an elevation in trade tensions between the U.S. and China triggered a sell-off earlier in the week.
Asian stocks had a muted start to trading Thursday as concern simmers about an escalation of trade tensions between the U.S. and China. Treasury yields and the dollar were steady as oil retreated.
Stocks on world markets edged higher on Wednesday, following a recent sell-off on rapidly escalating China-U.S. trade tensions, while Treasury yields rose after the Federal Reserve chairman said the U.S. ...
NEW YORK (AP) — U.S. stocks rose Wednesday as investors bet that technology companies and small, domestically-focused firms will continue to do well even if the trade dispute between the U.S. and China gets worse. Media companies jumped after Disney reached a new deal with Twenty-First Century Fox.
According to data provided by the United States Census Bureau, US retail sales rose strongly in May compared to April. US retail sales stood at 0.8% in May compared to a 0.3% rise in April, beating market expectations of a 0.4% gain. The solid rise in retail sales in May was primarily due to the strong rise in sales of motor vehicles, gasoline, food services and drinking places, and clothing stores.
Small-cap Russell 2000 ends at all-time highIt’s been an up-and-down June for the Dow. U.S. stock-market indexes closed mostly higher Wednesday, though the Dow Jones Industrial Average posted its seventh consecutive daily decline, its longest losing streak since March 2017. The Nasdaq gains were fuelled by a rally in biotechnology stocks, with the iShares Nasdaq Biotechnology ETF (IBB) gaining 1.7%.
Stocks are ending mostly higher Wednesday, although the Dow Jones industrials are posting a seventh straight loss due to weakness in McDonald's and Travelers. The Dow slid 42.41, or 0.2 percent, to 24,657.80. The broader S&P 500 index gained 4.73 points, or 0.2 percent, to 2.767.32 and the Nasdaq composite rose 55.93, or 0.7 percent, to 7,781.51, helped by solid gains in technology stocks.
By Chuck Mikolajczak NEW YORK (Reuters) - The Nasdaq touched a record on Wednesday, lifted by a climb in large-cap tech and consumer discretionary names, while the Dow and S&P 500 were hemmed in as concerns ...
Stocks closed higher Wednesday, when the Nasdaq composite and small caps reaffirmed their leadership with record highs.
The Nasdaq closed at a record on Wednesday, lifted by a climb in large-cap tech and consumer discretionary names, while the Dow and S&P 500 were hemmed in as concerns over an escalation in the U.S.-China trade skirmish simmered. The S&P 500 snapped a three-session losing streak, as gains in media stocks helped send the consumer discretionary sector up 0.5 percent.
The Nasdaq closed at a record on Wednesday, lifted by a climb in large-cap tech and consumer discretionary names, while the Dow and S&P 500 were hemmed in as concerns over an escalation in the U.S.-China ...
MARKET PULSE U.S. stocks closed mostly higher on Wednesday, as a rally in technology shares lifted the Nasdaq to its latest in a series of records, though the Dow extended a recent losing streak to a seventh straight session.
Paul Tudor Jones, a hedge-fund luminary, on Monday said the next economic downturn confronted by the U.S. could be an ugly one. “We’ll have monetary policy, which will exhaust really quickly, but we don’t have any fiscal stabilizers,” Jones said. Jones’s comments come after he told CNBC last week that stock market and bond yields are set for a ‘crazy’ rise.
According to data provided by the U.S. Bureau of Labor Statistics, the US Consumer Price Index, or the inflation index, remained unchanged in May compared to April. The figure was in line with the market expectation of a 0.2% increase. The rise in May’s inflation index was primarily due to the improvement in prices in the gasoline index, energy index, and the shelter index.
The Nasdaq touched a record on Wednesday, lifted by a climb in large-cap tech and consumer discretionary names, while the Dow and S&P 500 were hemmed in as concerns over an escalation in the U.S.-China trade spat simmered. Twenty-First Century Fox Inc climbed 7.8 percent after Walt Disney Co, up 0.7 percent, sweetened its offer for some of the company's assets to $71.3 billion, looking to topple Comcast Corp's bid, up 2.2 percent.
After examining the US manufacturing and services activities in May, it’s important for investors to analyze US inflation and retail sales for the month. US manufacturing and services activity rose marginally in May.
The media went full throttle in covering the exit of centuries-old GE from the Dow Jones industrial average, but the truly dynamic action for investors continued to center on fast-growing companies on the Nasdaq, including PayPal and Alphabet.
A jump in technology and media stocks lifted the S&P 500 on Wednesday and pushed the Nasdaq to a record high, but the Dow remained under pressure from an escalation in the U.S.-China trade spat that has slammed global markets. The S&P 500 media index rose 1.1 percent with all its 14 members in positive territory. Right now the focus is on M&A," said Art Hogan, chief market strategist at B. Riley FBR in New York.
Top tech stocks were in the driver's seat Wednesday as FANG names Facebook and Netflix led the stock market higher. GE weighed on the Dow with news that it's leaving the index.
Stocks on world markets edged higher on Wednesday, recovering from a recent selloff on rapidly escalating China-U.S. trade tensions, while Treasury yields rose after the Federal Reserve chairman said the ...
Technology and media stocks pushed Wall Street higher on Wednesday and helped the Nasdaq hit a record high, as markets eyed a recovery after being battered by a rapidly escalating China-U.S. trade tensions. Twenty-First Century Fox jumped 6.1 percent after Walt Disney sweetened its bid to $71.3 billion, topping Comcast's offer. Disney and Comcast were both marginally higher.