^IXIC - NASDAQ Composite
| Previous Close | 7,712.9526 |
| Open | 7,739.6943 |
| Volume | 3,590,047,392 |
| Day's Range | 7,679.1230 - 7,739.7114 |
| 52 Week Range | 6,081.9600 - 7,806.6001 |
| Avg. Volume | 2,149,866,093 |
- MarketWatch•45 minutes ago
Stock-market leaders yet to be undercut by trade-war fears
Nasdaq on pace for double-digit gains for first half of 2018Trade tensions continue to dominate headlines. The threat of a full-blown U.S.-China trade war is having less impact on both investor sentiment and stock prices than might be expected, judging by double-digit gains for the Nasdaq and modest but positive returns for the S&P 500 so far this year. To a large degree, the prospect of a wider trade conflict hasn’t been enough to untrack the market leaders that lifted Wall Street throughout the first half of 2018 — albeit with higher volatility.
- Barrons.com•23 hours ago
After the Bell: And Just Like That, the Dow's Back in Black
Stocks ended mixed again on Friday, although the Dow Jones Industrial Average managed to snap its eight-day losing streak. •...unwind Red Hat's (RHT) double-digit plunge. Markets couldn't make a clean sweep Friday, but it was the Nasdaq that was the laggard.
- MarketWatch•yesterday
Beware of the Russell 2000, but should you buy the Dow Jones Industrial Average?
The four major markets are the Dow Jones Industrial Average (^DJI), S&P 500 Index (^GSPC), Nasdaq 100 Index (XNAS:NDX) and Russell 2000 Index (^RUT). Some might argue that the Nasdaq Composite Index (^IXIC) is more important than the Nasdaq 100, but the Nasdaq Composite also has many small-cap stocks that are already included in the Russell 2000, so the Nasdaq 100 is a better indicator overall. With that, the Russell 2000 and the Nasdaq 100 are higher-beta markets, but with one material difference.
Associated Press•yesterdayUS stocks finish mostly higher as energy companies climb
NEW YORK (AP) — Oil prices and energy companies rallied Friday after OPEC said it will produce more oil, but not as much as investors feared. While trade tensions remained in the headlines, U.S. stocks finished slightly higher at the end of a bumpy week.
- MarketWatch•yesterday
Dow snaps 8-session skid, but logs worst weekly fall since March as trade jitters persist
Energy stocks lead, supported by jump in crude pricesExxon shares were among top Dow gainers. U.S. stock benchmarks ended mostly higher on Friday as an OPEC-inspired rally in energy shares helped the Dow industrials halt a lengthy slide, but equities rang up weekly losses in a period pockmarked by a series of trade-related spats. What did the main benchmarks do?
Reuters•yesterdayGlobal shares rise, oil prices jump on OPEC news
World shares rose on Friday but still registered their biggest weekly decline in three months on continuing global trade tensions, while oil prices surged after OPEC decided on only modest increases in crude production. U.S. Treasury yields were little changed as risk appetite improved a bit though investors remained cautious over a trade conflict with China. "The market's saying we're a little nervous about a trade war but we really don't think there will be one," Gail Dudack, chief investment strategist at Dudack Research Group, said.
Reuters•yesterdayGlobal shares rise, oil prices jump on OPEC news
World shares rose on Friday but still registered their biggest weekly decline in three months on continuing global trade tensions, while oil prices surged after OPEC decided on only modest increases in crude production. U.S. Treasury yields were little changed as risk appetite improved a bit though investors remained cautious over a trade conflict with China. "The market's saying we're a little nervous about a trade war but we really don't think there will be one," Gail Dudack, chief investment strategist at Dudack Research Group, said.
- Associated Press•yesterday
How major US stock indexes fared Friday
Oil prices and energy companies rallied Friday after OPEC said it will produce more oil, but not as much as investors feared. While trade tensions remained in the headlines, U.S. stocks finished slightly higher at the end of a bumpy week.
Reuters•yesterdayDow snaps losing streak on energy lift
The S&P 500 and Dow Jones Industrial Average climbed on Friday, as the Dow put to rest an eight-day losing streak with a boost from energy stocks, but losses in the technology space kept the Nasdaq in check. Exxon Mobil rose 2.1 percent and Chevron gained 2.0 percent, as the two biggest boosts to the S&P. The S&P energy index was up 2.2 percent, as the sector notched its strongest day in June. A rally in oil prices due to OPEC's earlier decision to restrict supply in an effort to drain global inventories has given the sector a gain of more than 11 percent for the quarter-to-date, best among the 11 major S&P groups.
- Associated Press•yesterday
Markets Right Now: Stocks rise as energy companies surge
NEW YORK (AP) — The latest on developments in financial markets (all times local):
- MarketWatch•yesterday
Dow halts skid at 8 straight sessions, but stock market ends the week lower amid trade jitters
The Dow Jones Industrial Average on Friday closed higher, ending an eight-session slide that drove the broader market to weekly loss, amid rising global trade tensions. The Dow (DJIA) closed up about 120 points, or 0.5%, at 24,581, avoiding a nine-day slide, which would have marked its longest since 1978. Sharp gains in shares of McDonald's Corp. (MCD) up 2.7% and UnitedHealth Group Inc. (UNH) were among the components that supported an advance in the price-weighted Dow.
- Barrons.com•yesterday
Intraday Update: It's the Dow's Turn Today, but Small's Still a Winner
The Dow Jones Industrial Average is up more than 150 points today and on the verge of breaking an eight-day losing streak as oil stocks surge following OPEC's decision to increase production. The Dow Jones Industrial Average is (finally) up today. There’s a lot riding on the Dow holding on to those gains through the rest of the afternoon: A ninth-consecutive negative close today would mark the index’s longest losing streak since February 1978, and only the 11th such period in its 122-year history.
- Market Realist•yesterday
Are Fund Managers Optimistic about US despite Trade War Concerns?
Many prominent fund managers such as Warren Buffett, Jamie Dimon, Bill Miller, and Jeffrey Gundlach are optimistic about the US economy. They think that the US economy is on track and that it’s showing improvement.
- Barrons.com•yesterday
[$$] Tariffs' Toll on Trade
The Dow slid 2% on the week. For those keeping score in dollars, the Wilshire 5000 had a paper loss of $225 billion, or 0.7% What really weighed on the stock market was the escalation of the trade wars, notably with President Donald Trump calling for tariffs on an additional $200 billion of imports from China, on top of the levies on $50 billion already announced. Trump also threatened 20% tariffs on European autos, especially all the Mercedes autos parked on Fifth Avenue in Manhattan that have aroused his ire.
- TheStreet.com•yesterday
Market Forecast Shows Clouds Forming on the Charts
While the markets are experiencing a bounce Friday after Thursday's decline, chart developments and overly bullish sentiment levels suggest some deterioration and need for caution. Cloudy With a Chance of Weakness On the charts, all of the indices closed lower Thursday with negative internals on the NYSE and Nasdaq as volumes dipped below prior levels on the NYSE but rose on the Nasdaq.
MarketWatch•yesterdayHere’s what may be eroding gold’s traditional haven status
The stock market has been rattled by the threat of a global trade war, creating an environment that would be expected to draw support for gold as investors look for havens. But gold isn’t responding. Here are some reasons that might explain why.
Market Realist•yesterdayThese Sectors May See the Most Impact from US-China Trade War
Are Fund Managers Optimistic about US despite Trade War Concerns? In the previous part of this series, we discussed that the world’s two largest economies, the US (QQQ) and China, are imposing import tariffs on each other’s products. After two rounds of trade negotiations in May 2018, the US (SPY) announced on June 18 that it will impose additional import tariffs on Chinese goods.
- Zacks•yesterday
Stock Market News For Jun 22, 2018
Markets closed sharply lower on Thursday, as trade was fears between the United States and China once again dented investors??? sentiments.
- Market Realist•yesterday
US-China Trade War Tensions Mount
After President Donald Trump’s announcement about the imposition of import tariffs on up to $60.0 billion of Chinese goods on March 22, he again announced on Monday, June 18, that the US will impose an additional tariff of 10% on $200 billion worth of Chinese goods.
- MarketWatch•yesterday
Dow aims to snap 8-session slump, climbs 150 points, but on track for weekly loss on trade jitters
U.S. stock-index benchmarks opened solidly higher Friday, with the Dow industrials attempting to snap a eight-day skid, amid rising tensions over global trade between the U.S. and its partners in China and Europe. An agreement between members of the Organization of the Petroleum Exporting Countries and other oil producers to lift an output curb also was in focus. The Dow Jones Industrial Average (DJIA) rose 150 points, or 0.6%, at 24,608, the S&P 500 index (SPX) climbed 0.5% to 2,762.
Market Realist•yesterdayUS Markets Feel the Pressure from Multiple Trade Disputes
The S&P 500 rebounded on Wednesday after declining for three consecutive trading days. However, the S&P 500 lost strength on June 21 and declined to 15-day low price levels. On Thursday, eight out of 11 major S&P 500 sectors closed the day lower. Weakness in the energy, industrials, and materials sectors supported the market. However, strength in the real estate and utilities sectors limited the market losses.
Associated Press•yesterdayGlobal markets, oil rise as OPEC mulls output increase
SEOUL, South Korea (AP) — Global stocks and oil prices were higher Friday as investors monitored OPEC's discussion on increasing crude production. Caution remained, however, over trade disputes between China and the U.S. as well as between the U.S. and Europe that could hurt corporate profits and jobs.
- Barrons.com•yesterday
[$$] Picking Winners and Losers in Trade Wars
Talk of escalating conflicts between the world’s biggest economies has jolted investors, sending major stock indexes into tailspins. The mixed reactions indicate just how challenging it is to pick eventual winners and losers of multinational political struggles over tariffs. “Markets are very good at pricing risk, not so good at pricing uncertainty,” says Steve Sosnick, the chief options strategist at Interactive Brokers.
- TheStreet.com•yesterday
Bank Stress Tests Show Some Surprising Results: Market Recon
Present at the ceremony were several allied military police officers as well as diplomats representing the United States, France, the United Kingdom, the Soviet Union and both East and West Germany. "Please close the Checkpoint Charlie Control Point." Major General Francois Cann then ordered the military personnel to dismiss their detachments. After 29 years, the most famous crossing point in the Berlin Wall had closed.
- Financial Times•2 days ago
[$$] Oil prices drive Wall Street recovery as Dow ends losing streak
Wall Street finished higher at the end of a rough week, with a leap in oil prices lifting energy stocks and helping the Dow Jones Industrial Average end a lengthy losing streak. Declines for potentially affected industrials, such as Boeing and Caterpillar, weighed on the Dow and saw it skid to an eight-session losing streak at Thursday’s close, its longest since March 2017.
