|Day's Range||7,123.4863 - 7,222.9878|
|52 Week Range||5,970.2500 - 7,637.2700|
Political uncertainty will be an even bigger factor for investors as the November midterm elections approach, says Goldman Sachs.
Can the major indexes reclaim key support? Can Apple hold its 200-day? Will the 10-year Treasury yield top 3%? And is Twitter a better stock than Facebook or Google-parent Alphabet?
The Dow fell 201.95 points, or 0.8%, to 24,462.94, while the S&P 500 dropped 0.9% to 2670.14, and the Nasdaq Composite tumbled 1.3% to 7146.13. "Investors rode one big wave this week, with the S&P 500 opening higher on Monday and rallying through midday on Wednesday, then selling off from midday Wednesday through the close on Friday," writes Bespoke Investment Group's Justin Walters. The Dow advanced 102.80 points, or 0.4%, to 24,462.94 this week, while the S&P 500 rose 0.5% to 2670.14.
___ Wells Fargo fined $1B for mortgage, auto lending abuses Wells Fargo will pay $1 billion to federal regulators to settle charges tied to misconduct at its mortgage and auto lending business, the latest ...
A U.S. bond sell-off continued for a second day on Friday, pushing the 10-year Treasury yield to its highest level in more than four years and steepening the yield curve after two weeks of flattening. World stock markets dipped as worries about a global slowdown in smartphone demand dented the technology sector, while oil prices fell after U.S. President Donald Trump sent a tweet criticizing OPEC and then mostly recovered.
Losses among retailers, packaged food and beverage makers and other consumer goods companies also helped weigh down the market. Banks rose as bond yields continued to climb, reflecting increasing investor concerns of higher inflation in the wake of rising oil and other commodity prices. "Higher commodity prices, a little bit more inflation pressure and higher interest rates, that sort of takes some wind out of the sails for equity markets, at least short-term," said Edward Campbell, senior portfolio manager at QMA, a business unit of PGIM.
A key part of a swing trading strategy is how it minimizes losses in stock market corrections. But, you also need nimbleness to get back in quickly when the market turns. Otherwise, your performance can lag.
U.S. stocks extend losses in late trade to end lower on Friday, as weakness in technology and consumer staples shares offset the latest batch of corporate earnings, which largely continued to beat expectations....
The technology index (.SPLRCT) was the biggest drag on the S&P 500 with a 1.5 percent drop after registering three straight days of losses ahead of a key earnings week for the sector. "There continues to be some concern over interest rates and their potential impact on equities. The Dow Jones Industrial Average (.DJI) fell 202.09 points, or 0.82 percent, to 24,462.8, the S&P 500 (.SPX) lost 22.98 points, or 0.85 percent, to 2,670.15 and the Nasdaq Composite (.IXIC) dropped 91.93 points, or 1.27 percent, to 7,146.13.
Stocks closed broadly lower Friday, extending the market's modest losses from a day earlier. A slump in big technology stocks, consumer goods and health care companies weighed on the market. Banks eked ...
The technology index was the biggest drag on the S&P 500 with a 1.5 percent drop after registering three straight days of losses ahead of a key earnings week for the sector. "There continues to be some concern over interest rates and their potential impact on equities. The Dow Jones Industrial Average fell 202.09 points, or 0.82 percent, to 24,462.8, the S&P 500 lost 22.98 points, or 0.85 percent, to 2,670.15 and the Nasdaq Composite dropped 91.93 points, or 1.27 percent, to 7,146.13.
Now that President Trump has turned down the heat on a China trade war, investor concern about rising inflation and a hawkish Federal Reserve may be taking center stage.
The bears woke up Friday and pushed the major indexes below their 50-day lines. Yet the Nasdaq still looks ready to march higher for a second week in a row.
Wall Street's three major indexes declined on Friday, as investors worried about a jump in U.S. bond yields and technology stocks led the decline on nerves about upcoming earnings reports and iPhone demand. ...
U.S. stocks closed lower on Friday, with major indexes slumping in a broad decline. While Wall Street posted a second straight positive week, the selloff heavily eroded the week's gains. The Dow Jones ...
The Dow Jones Industrial Average on Friday was encountering intensifying selling pressure with less than an hour left of trading, with the blue chip gauge on the verge of giving up its weekly gain. Part ...
The S&P 500's sectors were all trading in the red late Friday, with less than a half-hour remaining in trade as government bond yields jumped. Losses for the S&P 500's 11 sectors were led by steep declines ...
Want to know why the Dow Jones Industrial Average and other major indexes are doing what they're doing? 3:20 p.m. Even a better-than-expected quarter from General Electric (GE) couldn't lift the market from its funk. The Dow Jones Industrial Average has lost 275.32 points, or 1.1%, to 24389.57, while the S&P 500 has slipped 31.13 points, or 1.2%, to 2662, and the Nasdaq Composite tumbled 111.24 points, or 1.5%, to 7126.82.
U.S. stocks fell on Friday, as Apple led a decline in technology stocks on concerns about weak iPhone demand and investors worried about the impact of a rise in U.S. bond yields. Apple fell 3.8 percent and was the biggest drag on the major indexes after Morgan Stanley estimated weak demand for its latest iPhones, adding to fears raised by Taiwan Semiconductor of softer smartphone sales.
WSJ City is the app that delivers concise, smart news on business and finance for mobile. As oil prices have soared, hedge funds and other big investors have amassed a record number of bullish bets on crude, putting the market at risk of a swift fall if the outlook sours, analysts say.
U.S. stocks fell on Friday, with the S&P 500 returning to negative territory for the year as losses accelerated in midday trading. The benchmark index lost 0.8%, and is now down less than 0.1% for 2018 ...
BlackRock’s (BLK) Larry Fink also shared his views on the bull market in his recent interview with CNBC. He believes in staying invested in the equity market.
Central bankers are back in the spotlight as well, with the Bank of England’s Mark Carney reviving his “unreliable boyfriend” routine and whacking the pound. Federal Reserve Board Gov. Lael Brainard’s latest speech also ought to be grabbing everyone’s attention, says our call of the day, which comes from the Wolf Street financial blog’s Wolf Richter.
The percentage of investors optimistic about the U.S. stock market jumped in the latest week, as early readings from the first-quarter earnings season pointed to strength in corporate America, but a myriad ...