|Day's Range||6,951.62 - 7,029.92|
|52 Week Range||6,630.67 - 8,133.30|
Yahoo Finance's has a look at this week's Champs & Chumps
President Trump is praising Saudi Arabia for the slide in oil, hours after he dismissed his own CIA’s assessment that Crown Prince Mohammed Bin Salman was involved in the killing of journalist Jamal Khashoggi. Yahoo Finance’s Alexis Christoforous, Dion Rabouin and David Nelson of Belpointe Asset Management discuss.
Investors moved back into emerging markets in July after a major summer sell-off only to get burned when the asset class continued to fall. In November money managers are back, saying they think now's the real time to buy.
A huge sell-off in markets with Target dragging down the retail sector. Yahoo Finance's Julie Hyman, Adam Shapiro, and Seana Smith discuss.
Here’s a chart pattern that has at least one stock-market bull looking for a bottom in the tech-led selloff that’s erased year-to-date gains for U.S. stocks.
Wall Street investors appear to be signaling that it can’t withstand an unabated pace of increases to benchmark rates from Federal Reserve Chairman Jerome Powell.
U.S. stocks recouped some losses on Wednesday after a brutal two-day selloff as strong earnings from Foot Locker and gains in technology stocks lifted investor sentiment ahead of the Thanksgiving holiday. Foot Locker Inc shares surged 15.9 percent after the footwear retailer's quarterly same-store sales trumped expectations and boosted other sports retailers. Shares of Dick's Sporting Goods Inc and Hibbett Sports Inc rising about 3 percent, while those of Nike Inc, a Foot Locker supplier, gained 1.5 percent.
Cash is king, according to Goldman Sachs strategists who predict that 2019 will deliver lackluster, single-digit equity returns, making greenbacks the best game in town.
President Donald Trump is continuing to call for lower oil prices, despite a drop that sent West Texas Intermediate crude-oil prices (CLF9) into bear-market territory, defined as a drop of at least 20% from a recent peak. The president, who has been critical of the Organization of the Petroleum Exporting Countries and its lead member, Saudi Arabia, on Wednesday morning tweeted: “Oil prices getting lower. Thank you to Saudi Arabia, but let’s go lower!
The Federal Reserve is bent on normalizing interest rates from crisis-era levels. But investors appear to be signaling that the market can’t withstand an unabated pace of rate increases.
U.S. stocks recovered from a brutal two-day selloff on Wednesday as strong earnings from Foot Locker and gains in technology stocks lifted investor sentiment ahead of the Thanksgiving holiday. Foot Locker Inc shares surged 15.4 percent after the footwear retailer's quarterly same-store sales trumped expectations and boosted other sports retailers with Dick's Sporting Goods Inc and Hibbett Sports Inc rising about 3 percent. Shares of Nike Inc, a Foot Locker supplier, gained 1.6 percent.
U.S. financial markets are closed on Thursday for the Thanksgiving Day holiday. But the market has another reason to be thankful on Friday.
It’s the last day of trading before the Thanksgiving holiday, and the market seems poised to gain some ground after two sessions of steep selling. If that’s the case, investors may be covering some short positions ahead of the holiday to take a bit of risk off the table. Amid an apparent repricing of assets including shares of Apple Inc. (NASDAQ: AAPL) on iPhone sales worries, investors seem to be looking for other places to put their money.
Baozun Inc. (Nasdaq: BZUN), often referred to as “the Shopify of China,” is up over 15% at the open of today’s trading session following the release of its third-quarter earnings results earlier this morning.