|Day's Range||7,276.1084 - 7,305.3716|
|52 Week Range||5,522.6899 - 7,330.3301|
Yahoo Finance's Alexis Christoforous and Jared Blikre break down the latest market action.
Shares on Wall Street took a breather after the strongest performance of the year for the Dow Jones Industrial Average and the benchmark S&P 500 saw the indexes close above 26,000 and 2,800, respectively, for the first time. Equities were held in check by a 2.64 percent drop in aerospace company Boeing, the best performing Dow component so far the year.
Losses in healthcare and industrial stocks paused Wall Street's new year rally that had driven the blue-chip Dow index to its fastest ever 1,000 point rise. A 2.4 percent drop in Boeing's high-flying stock kept the Dow in the red, a day after the index closed above the 26,000 mark for the first time. "This might just be a little bit of a pullback, especially after yesterday's significant gain, until we get further into the earnings season," said Lindsey Bell, investment strategist at CFRA Research in New York.
U.S. stock benchmarks were trading lower on Thursday, fresh off a record run for the three main indexes.
Wall Street didn’t appear to like Facebook’s (FB) move to overhaul its news feed segment. Facebook stock fell 4.5% on Friday, January 12. Twitter stock jumped 4.4% on Friday and closed at $25.41 on Friday—the highest levels it has seen since December 2015.
The market’s most recent gains have been powered in part by a sudden hunger for stocks among certain money managers and individual investors who have long been wary of the nearly nine-year bull market....
What Could Be Hurting Cryptocurrencies in January 2018? In 2017, key cryptocurrencies, including Bitcoin, Ethereum, Ripple, and Litecoin, showed a strong bullish movement. As of January 17, 2018, at 3:00 PM EST, Bitcoin was trading at $10,460, a loss of ~31% so far in 2018.
Shares on Wall Street took a breather, after the best performance of the year for the Dow and benchmark S&P 500 saw the indexes close above the 26,000 mark and the 2,800 threshold, respectively, for the first time. Equities were held in check by the energy sector, which shed 0.48 percent, dragged lower by a 2.53 percent drop in Kinder Morgan in the wake of its quarterly results.
Wall Street's main indexes edged lower on Thursday as declines in healthcare and energy stocks paused a rally that had driven the Dow Jones index to its fastest ever 1,000 point gain. Investors are keeping a close eye on corporate earnings reports, given the runup in stock valuations.
Social media giant Facebook (FB) said on Thursday, January 11, that it will totally change how it will present news feeds on its platform. In other words, Facebook users will see fewer posts from publishers. Facebook’s shares fell ~4.5% on Friday, January 12.
Wall Street's main indexes opened little changed on Thursday as energy stocks took a hit from lower oil prices. The Dow Jones Industrial Average rose 13.58 points, or 0.05 percent, to 26,129.23. The S&P ...
Stock indexes opened near break-even levels on Thursday amid growing concerns of a partial government shutdown at the end of the week. The Dow Jones Industrial Average was up 3 points to 26,119. The S&P ...
A lot of attention is going to the Dow’s latest leap and Apple’s tax-and-jobs splash. But it’s Boeing, up 19% this year, that’s the target of today’s bearish call. Plus, a chart on what’s going on with ...
Global stocks mostly rose on Thursday after China reported that its economy expanded at a robust 6.9 percent annual pace in 2017. KEEPING SCORE: Germany's DAX rose 0.3 percent to 13,223 while France's ...
President Donald Trump in early tweets Thursday denied he has changed his views on the Mexico border wall. The president's response comes after his chief of staff, John Kelly, said Wednesday that the president's ...
U.S. stock index futures pointed to a lackluster open on Thursday, after a strong performance on Wall Street during the previous session.
The Dow Jones Industrial Average closed above 26000 for the first time on Wednesday, sprinting to a 1,000-point milestone just eight trading days after toppling the previous one, its fastest run ever.
The Nasdaq Composite gained 1% to 7298.28, surpassing its inflation-adjusted high of 7269.89. In fact, the market has now gone in to "melt-up mode," according to Leuthold Group's Doug Ramsey. In a note today, he observes that the firms Major Trend Index, a measure of market momentum, dipped to 1.08, a level he calls mildly bullish.