^IXIC - NASDAQ Composite
| Previous Close | 7,895.99 |
| Open | 8,006.18 |
| Volume | 1,758,020,807 |
| Day's Range | 7,974.36 - 8,026.75 |
| 52 Week Range | 6,190.17 - 8,339.64 |
| Avg. Volume | 1,987,882,222 |
- Yahoo Finance
Stock market news: August 19, 2019
U.S. stocks rallied Monday morning in an at least temporary reprieve after a mid-August rout. U.S. government bond yields rose across the curve, led by yields on 30-year bonds and 10-year notes.
- Yahoo Finance Video
Global companies confused on how to respond to Hong Kong protests
Companies around the world are caught in the crossfire over how to respond to Hong Kong protests. Yahoo Finance's Adam Shapirro, Brian Sozzi, Andy Serwer and Akiko Fujita discuss.
- Investor's Business Daily
Dow Jones Futures: Stock Market Rally Nears Key Level; Another Big Tech Probe?
Stock futures: About a dozen states reportedly plan a Big Tech antitrust probe, likely ensnaring Apple, Facebook, Amazon and Google. Baidu, spinoff iQiyi and Fabrinet moved on earnings.
- Reuters
US STOCKS-Wall Street rallies on hopes of global economic stimulus
U.S. stocks climbed on Monday as reports of stimulus efforts in China and Germany calmed fears of a severe downturn in the global economy that were stoked last week as bond yields fell. China's central bank unveiled a key interest rate reform on Saturday to help steer borrowing costs lower for companies. After the market close, the Washington Post reported that White House officials have discussed the possibility of a temporary payroll tax cut to spur the U.S. economy, joining other global economic stimulus efforts.
- Barrons.com
The Dow Jumped 250 Points Because a Reprieve for Huawei Goes Both Ways
U.S. stocks jumped on renewed optimism. China’s central bank has taken steps over the weekend to boost its economy, while the White House extended the reprieve on China’s Huawei Technologies to continue part of the business with U.S. companies.
- MarketWatch
S&P 500 closes 1% higher for second straight session on global stimulus talk, trade optimism
U.S. stocks rise Monday, lifted by moves by encouraging comments from President Donald Trump and other officials on trade talks, along with a move by China over the weekend to lower borrowing costs for companies.
- MarketWatch
Dow ends around 250 points higher on global stimulus hopes, easing trade fears
Stocks ended sharply higher Monday, further paring their August pullback as investors cheered talk of additional stimulus from global policy makers and a respite from negative trade-war headlines. The Dow Jones Industrial Average rose around 250 points, or 1%, to end near 26,136, according to preliminary figures, while the S&P 500 advanced around 35 points, or 1.2%, to close near 2,924. The Nasdaq Composite advanced around 107 points to end the day near 8,003, a gain of 1.4%. Analysts said trade concerns were soothed after the Commerce Department gave Chinese telecom giant Huawei Technologies Co. another 90-day reprieve during which it can continue doing business with U.S. companies. Support was also tied to a move by the People's Bank of China to overhaul its interest-rate mechanism, which economists said would pave the way to lower borrowing costs for businesses. Also, Berlin indicated it was willing to employ fiscal stimulus if Germany's economy continues to slow.
ReutersUS STOCKS-Wall St rallies as investors cheer global stimulus efforts
Shares of Apple Inc provided the biggest boost to the three main Wall Street indexes. President Donald Trump said on Sunday that he had spoken with Apple Chief Executive Officer Tim Cook, who "made a good case" that tariffs could hurt Apple. The Dow Jones Industrial Average rose 266.72 points, or 1.03%, to 26,152.73, the S&P 500 gained 36.54 points, or 1.26%, to 2,925.22 and the Nasdaq Composite added 109.85 points, or 1.39%, to 8,005.84.
- Investor's Business Daily
Stocks Hold Gains Of More Than 1%, As Indexes Near 50-Day Lines
Stocks extended Friday's rally, rising more than 1% in a broad advance as the S&P; 500 crept closer to the 50-day moving average.
- Barrons.com
Internet Stocks Will Get Hit Hard During a Recession. These Companies Could Hold Up Best.
During the last recession, the Nasdaq Composite dropped 55% from the its highs to its lows. Wall Street is now handicapping how internet stocks might fare in the next downturn.
- Reuters
US STOCKS-Wall St rallies on stimulus cheer, trade optimism
After the three main Wall Street indexes racked up their third straight weekly loss despite Friday's bounce, investors will weigh trade risks and signs of slowing growth against the potential for more action from the U.S. Federal Reserve and others in September. The focus this week will be on Wednesday's release of minutes from the Fed's July policy meeting, when the central bank cut rates for the first time in more than a decade, and Chair Jerome Powell's speech in Jackson Hole on Friday. "Everything is up because the Street is expecting Fed Chairman Powell to push for an additional cut when he addresses bankers in Jackson Hole," said Peter Kenny of Kenny's Commentary LLC and Strategic Board Solutions LLC in New York.
- Investor's Business Daily
Dow Jones Up 883 Points From Aug. 15 Low; These Tech Stocks Are Forming A New Base
The Dow Jones Industrial Average has jumped more than 880 points, or 3.5%, from last week's low as chip stocks, oil and Chinese equities strengthen.
- TheStreet.com
[video]Huawei-Related Stocks Gain on License Extension From Trump Administration
Gainers lead losers among stocks with significant business with Huawei after the Commerce Department grants China tech giant a license extension to buy U.S. parts.
- MarketWatch
Stocks could fall another 8% as ‘Trump put’ and ‘Fed put’ expire, says Morgan Stanley’s Mike Wilson
Mike Wilson, chief U.S. equity strategist at Morgan Stanley, has had impeccable timing of late. In a July 29 note, as the S&P 500 index (SPX) sat near its record closing high of 3,025.86, Wilson argued that equity markets were stretched to their limits, and S&P would fail to break significantly above 3,000, unable to overcome an area that’s provided stiff resistance since last year. “The market is preparing for a bad outcome,” Wilson told MarketWatch in an interview.
- MarketWatch
Trump complains again about Fed Chair Powell, says he lacks 'vision'
President Donald Trump on Monday criticized Fed Chairman Jerome Powell ahead of the central banker's highly anticipated speech later this week. In a series of tweets, Trump said the economy was very strong "despite the horrendous lack of vision by Jay Powell." The president repeated his call for the Fed to slash interest rates to bolster the U.S. and global economy. He urged the Fed to buy bonds and expand its balance sheet, a policy known as quantitative easing. Powell will speak Friday at 10 a.m. Eastern at the central bank's summer retreat at Jackson Hole.
- Reuters
Wall Street rallies on hopes of global economic stimulus
U.S. stocks climbed on Monday as reports of stimulus efforts in China and Germany calmed fears of a severe downturn in the global economy that were stoked last week as bond yields fell. The benchmark S&P 500 has recovered most of its losses following Wednesday's brief inversion of the yield curve between 2-year and 10-year Treasuries, commonly viewed as an indicator of a recession within the next two years. After falling nearly 3% on Wednesday, the S&P 500 has risen for the last three sessions.
- MarketWatch
White House trade adviser says it’s a ‘certainty’ bull market lasts through 2020
Peter Navarro expressed serious optimism in an interview Sunday. Why so bullish? It’s all about the stimulus. “The Fed will be lowering rates. The ECB will be engaging in monetary stimulus. China will be engaging in fiscal stimulus,” he said.
- Motley Fool
Stock Market News: GE, PG&E Face New Threats
Markets started the new week on a positive note, but not every stock saw gains.
- Investor's Business Daily
Dow Jones Stock Apple Leads Stock Market Rally On China Trade News
The major stock indexes were sharply higher early Tuesday. Apple was one of the top performers with a near-3% gain.
- MarketWatch
Cheap money could deliver big fourth quarter for stocks, but it’s just delaying the inevitable, strategist warns
Sounds like it’ll be raining jobs, growth and profit across the U.S. for the foreseeable future, if White House trade adviser Peter Navarro has it right. But, really, how long can it last and what happens when the easing stops?
