|Day's Range||7,795.7402 - 7,849.6685|
|52 Week Range||6,177.1899 - 7,933.3101|
Yahoo Finance's Jared Blikre joins Sean Smith from the floor of the New York Stock Exchange to discuss the latest market moves.
U.S. stocks soared Thursday, bringing the Dow Jones Industrial Average its biggest one-day gain in four months, as upbeat earnings reports and stabilizing commodities prices helped calm investors’ fears about the global economy. Stocks around the world had slumped just a day earlier as fears about an economic crisis in Turkey spread through a variety of markets, pulling everything from copper to oil prices lower. Much of the slide had been driven by concerns among investors that what had begun as a relatively limited pullback in emerging markets could trigger a more violent, durable reversal across risky assets around the world.
Asia markets were mostly higher in Friday afternoon trade. On Thursday, White House economic advisor Larry Kudlow confirmed that the U.S. would hold a fresh round of trade talks with China later in August. Chinese tech giant Tencent saw its stock rebounding in the morning as it recovered from the losses sustained earlier in the week.
By Stephen Culp NEW YORK (Reuters) - U.S. stocks rebounded on Thursday with the Dow posting its biggest percentage gain in over four months, as positive earnings and waning trade jitters buoyed investor ...
U.S. stocks rebounded on Thursday with the Dow posting its biggest percentage gain in over four months, as positive earnings and waning trade jitters buoyed investor confidence. A broad rally pulled all ...
U.S. stocks jumped Thursday as China and the U.S. said they will hold their first trade discussions in months, a potential sign of progress toward ending their trade war.
U.S. stocks rally to close higher Thursday, with the Dow having its best day in four months, on strong corporate earnings from Walmart Inc. and Cisco Systems Inc. News that the U.S. and China are prepared to resume trade talks next week also bolstered investors’ sentiment.
U.S. stocks and emerging market currencies rebounded on Thursday after China said it will hold trade talks with the United States this month and Turkey's lira continued its recovery. China said that a ...
The Dow Jones Industrial Average notches a dubious distinction on Wednesday, as U.S. equity benchmarks fell firmly lower, and extended it on Thursday despite a powerful rally.
Cisco Systems Inc. shares rallied Thursday after analysts appeared in agreement that the networking company is turning the corner when it comes to its shift into software and subscriptions.
U.S. stocks bounced back on Thursday, with the Dow setting a course for its best day in over four months, as a series of positive earnings and waning trade jitters girded investor confidence. The S&P 500 was on track for its biggest percentage gain since June 1. Walmart Inc shares jumped 9.6 after it topped earnings estimates and posted its best same-store sales growth in a decade.
U.S. stock indexes rose about 1 percent on Thursday, helped by upbeat earnings from Walmart and Cisco and easing trade worries after the United States and China said they would hold talks later this month. Walmart shares surged 10.2 percent, the most on the S&P 500, after the retailer said U.S. comparable sales grew the most in a decade and posted strong e-commerce sales.
U.S. stock-index benchmarks surged in early Thursday trade, as strong corporate earnings helped to overshadow Turkey's currency crisis and as China and the U.S. appeared set to resume trade talks. The Dow Jones Industrial Average (DJIA) was most recently up 427 points, or 1.7%, at 25,591, more than erasing its Wednesday losses, which was sparked by worries about emerging markets in light of a currency crisis in Turkish lira (TRYUSD) The rally puts the benchmark on pace for its best one-day gain since April 10, according to FactSet data. China's commerce ministry will send a delegation to the U.S. later this month to resume trade talks, according to reports, which would mark the first such meeting since July.
U.S. stocks rose in a broad-based rally on Thursday, helped by robust earnings from Walmart and Cisco and easing trade worries after China and the United States said they would hold talks later this month. Walmart shares surged 9.5 percent, the most on the S&P 500, after the retailer said U.S. comparable sales grew the most in a decade and posted strong e-commerce sales.
TOKYO (AP) — Asian shares made moderate gains early Friday after U.S. stocks jumped on news China is preparing to resume trade discussions with the U.S., the first negotiations in more than a month.
U.S. stock indexes rose on Thursday, helped by a string of robust earnings reports, a dip in the dollar and after China said it will hold talks with the United States later this month. Walmart's shares surged 9.2 percent, the most on the benchmark S&P 500 index, after the retailer said its U.S. comparable sales grew the most in a decade and posted strong e-commerce sales.
Tencent Holdings Stock: What Could Keep Driving It? The good news for Tencent is that the domestic gaming revenue in China (FXI) has been projected at $42 billion by 2022, according to gamesindustry.biz. China contributes 25% of the global gaming industry revenue, followed by the United States.
Most of the major indexes closed lower Wednesday, except for the Dow Jones Transports, which posted a gain. With all of the intraday intensity of selling, only the Nasdaq Composite Index closed below near-term support.
U.S. stocks opened higher on Thursday, helped by a string of robust earnings reports, a dip in the dollar and after China said it will hold trade talks with the United States later this month. The Dow ...
MARKET PULSE U.S. stocks climbed at the opening bell on Wednesday as investors closely eye potential for geopolitical concerns to abate after China and the U.S. plan to renew trade talks. The S&P 500 (spx) rose 13 points, or 0.
The price target for China-based e-commerce giant Alibaba Group Holding Ltd.'s stock (baba) was cut to $280 from $300 at Raymond James, due primarily to the recent weakness in the Chinese renminbi. The new price target is 65% above Wednesday's closing price of $169.83. Analyst Aaron Kessler reiterated his strong buy rating on Alibaba, saying the stock's recent weakness--down about 20% since mid-June while the Nasdaq Composite (comp) was little changed--was due primarily to macroeconomic concerns in China and currency moves, with the renminbi down about 9% versus the U.S. dollar since March-quarter results were reported.
Perhaps the lion's share of market watchers started the week talking about the Turkish lira -- and the currency shock that collapsing emerging market valuations coupled with unsuccessful Brexit negotiations had placed financial markets in. Is consumer-level inflation impacting the economy?
TOKYO (AP) — Stock markets are higher in European trading as Turkey's currency crisis abated somewhat and after a downbeat day in Asia. Benchmarks in Germany and France rose Thursday while shares in Tokyo, Shanghai and Hong Kong declined.