|Day's Range||7,579.29 - 7,662.38|
|52 Week Range||6,190.17 - 8,133.30|
U.S. stocks ended Monday’s session mixed as investors continued to digest global growth concerns and the results of Special Counsel Robert Mueller’s long-anticipated report, which found no proof of coordination between the Trump campaign and Russia during the 2016 presidential elections.
Keshav Rajagopalan, PGIM Investments Co-Head of Exchange-Traded Funds, says that “as the market turns human investors are going to be needed to start picking stocks and bonds to weigh where the actual Alpha sources are.” Yahoo Finance’s Alexis Christoforous speaks to him.
Stock futures: Fed rate-cut odds are growing, with markets now betting a September move as likely, as an inverted yield curve unnerves markets.
Apple shares slipped after the iPhone maker unveiled its video-streaming service and other goodies. The Dow Jones Industrial Average added 0.06% to end at 25,516.83. The S&P 500 slipped 0.08% to close at 2798.36, and the Nasdaq Composite lost 0.07% to end at 7637.54.
Major U.S. stock indexes finished mixed Monday after wavering for much of the day as traders tried to make sense of newly pessimistic views on the economy.
The S&P 500 Index ended a choppy session slightly lower on Monday as worries about a slowdown in global economic growth lingered and as Apple Inc shares fell after the company unveiled its video streaming service.
The amount of shares repurchase among S&P 500 companies in the last three months of 2018 hit a record in the fourth quarter, marking the fourth consecutive quarterly all-time high and the longest such streak on record.
Benchmark U.S. Treasury debt yields fell to their lowest since late 2017 on Monday and a gauge of world stocks dropped for a second straight session on persistent concerns over global economic growth. The 10-year U.S. Treasury yield fell below 2.4 percent for the first time since December 2017. Wall Street's main indexes ended little changed during a choppy session after falling sharply on Friday.
U.S. stocks close mostly lower Monday after data showing weakness on the global economic front triggered heavy losses at the end of last week while investors continued to fret over the inversion of the yield curve.
Stocks posted a mixed finish Monday as worries over global economic growth continued to cast a cloud over financial markets. The S&P 500 fell 0.1% to finish near 2,798, according to preliminary figures, while the Dow Jones Industrial Average rose around 15 points, or 0.1%, to close near 25,517. The Nasdaq Composite ended around 5 points lower near 7,638, off 0.1%. All three indexes sold off sharply on Friday as a closely watched measure of the yield curve inverted, a phenomenon that has been a reliable precursor to a recession, albeit with a lag of a year or more. Shares of Apple Inc. fell 1.2% to lead Dow decliners after the company unveiled a suite of new products, including its long-awaited video streaming service.
U.S. stocks slipped on Monday, extending the previous session's sell-off, hit by worries of a slowdown in global economic growth and as Apple shares fell. Apple Inc shares dropped 1.8 percent and were the biggest drag on indexes as the iPhone maker unveiled its long-awaited video streaming service.
Apple fell after announcing new services, including a credit card. But major indexes traded quietly. The Dow Jones Industrial Average lagged small caps.
World stocks sold off for a second straight session on Monday on persistent concerns over global economic growth, while benchmark 10-year U.S. Treasury yields fell to more than one-year lows. MSCI's gauge of stocks across the globe shed 0.47 percent, after it posted on Friday its biggest one-day drop in about three months. Investors were still digesting weak U.S. factory data last week that prompted an inversion of the U.S. Treasury yield curve, which is widely seen as an indicator of an economic recession.
Major stock indexes rallied off lows Monday. Marijuana stocks were in rally mode ahead of earnings from Cronos Group Tuesday before the open.
Never mind the alarm bell sounded by one of Wall Street’s most accurate recession indicators, Scott Minerd of Guggenheim Partners says the Federal Reserve will revert to its old hawkish ways before the end of 2019.
MSCI's gauge of stocks across the globe shed 0.66 percent, as Wall Street's main indexes opened lower. Following a steep sell-off in stocks on Friday, investors were still digesting weak U.S. factory data last week that prompted an inversion of the U.S. Treasury yield curve, which is widely seen as an indicator of an economic recession.
While the Dow Jones Industrial Average and S&P 500 have swung into positive territory in choppy morning trade, broader-market breadth data indicates most stocks are losing ground. The number of declining stocks outnumbered advancers 1,444 to 1,267 on the NYSE and by 1,630 to 1,051 on the Nasdaq exchange. Meanwhile, the Dow rose 16 points, with 18 of 30 components trading higher. Meanwhile, the S&P 500 was little changed and the Nasdaq Composite shed 0.2%.
Every index chart saw some form of technical weakening while the data is sending a mix of neutral and positive readings. All of the major equity indices closed lower Friday with broadly negative internals on heavy trading volume. The result was every index chart we follow suffered some form of technical damage.
Asian stock prices rebounded Tuesday after global markets slid on worries about U.S. and European economic growth. On Monday, major markets in Europe and Asia tumbled as traders tried to make sense of pessimistic new outlooks on global growth. "Worries about global growth are evident," said Shane Oliver of AMP Capital in a report.