|Day's Range||7,815.5015 - 7,878.2285|
|52 Week Range||6,177.1899 - 7,933.3101|
Macy's earnings and the July report on retail sales will be highlights for investors on Wednesday as a busy week for the retail industry rolls on.
Yahoo Finance's LIVE stock market coverage and analysis.
BANGKOK (AP) — Shares were mixed Wednesday after Turkey announced it was increasing tariffs on imports of some U.S. products, escalating a feud with the United States that has helped trigger a currency crisis.
After a more volatile run during Asian trading hours, the lira is 5.2 per cent firmer at TL6.0400 per dollar. “It remains to be seen how sustained the lira’s recovery can be without some more compelling action to close Turkey’s current account deficit. “External financing requirements will prove much more difficult until a degree of confidence in lira stability emerges.
Indonesia’s currency was in focus ahead of the country’s central bank rates decision and as the rupiah fell to its weakest since late 2015 after emerging market currencies were swept up in Turkey’s turmoil on Monday. The rupiah was 0.2 per cent weaker at 14,610 to the dollar.
U.S. stocks climbed Tuesday, halting four-session losing streaks for the Dow Jones Industrial Average and S&P 500, as concerns over the Turkish lira’s recent slide appeared to ease. The Dow industrials added 112.22 points, or 0.4%, to 25299.92, while the S&P 500 gained 18.03 points, or 0.6%, to 2839.96. Stocks have been under pressure in recent sessions, as investors worried that Turkey’s economic crisis could spread to other emerging markets.
U.S. stocks rallied Tuesday as banks, retailers, and smaller companies jumped. That helped the market recover most of its losses from the previous two days.
U.S. stocks rallied Tuesday as banks, retailers, and smaller companies jumped. The Turkish lira steadied as officials from Turkey and the U.S. said the countries are in talks to ease diplomatic tensions, which have resulted in high tariffs on Turkish steel and aluminum. Stocks in emerging markets like Argentina, Russia and Brazil jumped.
By Stephen Culp NEW YORK (Reuters) - Wall Street's three major indexes rose on Tuesday with the S&P 500 posting its strongest gain in three weeks as a string of healthy earnings boosted investor optimism ...
Wall Street's three major indexes rose on Tuesday with the S&P 500 posting its strongest gain in three weeks as a string of healthy earnings boosted investor optimism and a rebound in the Turkish lira eased fears of a broader financial contagion. Gains were widespread, and the S&P 500 and the Dow Jones Industrial Average ended four-day losing streaks. The Turkish lira regained some ground a day after it plunged to an all-time low.
U.S. stocks bounce back to close higher Tuesday, with the S&P 500 snapping its longest losing streak since March, as the worst of the panic over Turkey’s currency crisis abated, allowing investors to focus on a healthy domestic economy and strong corporate results.
So much for being the bond king. The quondam fixed-income guru—at least by the recent reckoning of his current employer—got less than a ringing endorsement from his boss, Janus Henderson CEO, Richard Weil, on Thursday.
U.S. stocks closed Tuesday's session solidly in the green, halting a multiday tumble for the three main equity benchmarks, which advanced as Turkey's currency slide abated, allowing investors to focus instead on a healthy domestic economy and strong corporate results. The Dow Jones Industrial Average (DJIA) rose 0.5% at 25,300 (on a preliminary basis), the S&P 500 index (SPX) added 0.6% to 2,839, with all 11 sectors of the broad-based index finishing in positive territory. Both the Dow and the S&P 500 had fallen in the past four sessions.
Wall Street's three major indexes rose on Tuesday with the S&P 500 posting its strongest gain in three weeks as a string of healthy earnings boosted investor optimism and a rebound in the Turkish lira ...
Yahoo Finance's Jared Blikre joins Alexis Christoforous from the floor of the New York Stock Exchange to break down the latest market moves.