|Day's Range||7,415.5786 - 7,452.8472|
|52 Week Range||6,081.9600 - 7,637.2700|
Yahoo Finance's LIVE stock market coverage and analysis.
Yahoo Finance's Alexis Christoforous and Jared Blikre break down the latest market action after Bank of America Merrill Lynch's weekly Flow Show report points to minimal flows in stocks and bonds. They do recommend a defensive posture unless and until there is an "event" or the Federal Reserve decides to ease up on the brakes. Energy and material stocks are seeing the most in-flows. Performance of the S&P 500 energy sector (XLE) components as of 12:45 pm ET: ANDV Andeavor -2.42% APA Apache Corp -5.04% APC Anadarko Petro -3.01% BHGE Baker Hughes a GE Co Cl A -3.31% CHK Chesapeake Energy Corp -7.47% COG Cabot Oil & Gas Corp -0.07% COP ConocoPhillips -5.64% CVX Chevron Corp -4.20% CXO Concho Res Inc -1.40% DVN Devon Energy -3.90% EOG EOG Res -2.75% EQT Equitable Res -2.18% FTI TechnipFMC plc -3.75% HAL Halliburton Co -4.97% HES Hess Corp -5.05% HP Helmerich & Payne -5.26% MPC Marathon Petro Corp -3.11% MRO Marathon Oil Corp -4.59% NBL Noble Energy -4.27% NFX Newfield Exploration -5.74% NOV National Oilwell Varco Inc -3.50% OKE Oneok Inc -1.36% OXY Occidental Petro -2.89% PSX Phillips 66 -3.40% PXD Pioneer Natural Res -2.65% RRC Range Res -2.15% SLB Schlumberger Ltd -3.95% VLO Valero Energy -3.18% WMB Williams Companies -1.27% XEC Cimarex Energy -2.85% XOM Exxon Mobil -2.65% Performance of the S&P 500 materials sector (XLB) components as of 12:45 pm ET: ALB Albemarle Corp -0.69% APD Air Products & Chem Inc -1.01% ARNC Arconic Inc -0.35% AVY Avery Dennison Corp -0.68% BLL(HB) Ball Corp -0.22% CF CF Industries Hldgs Inc -0.53% DOV Dover Corp -1.37% DWDP DowDuPont Inc -1.27% EMN Eastman Chemical -1.31% FCX Freeport-McMoRan Inc -1.58% FMC FMC Corp 1.25% IFF Intl Flavors/Fragr 0.47% IP Intl Paper -1.04% LYB LyondellBasell Ind N.V. 'A' -3.17% MON Monsanto Co 0.80% MOS The Mosaic Co (New) -0.59% NEM Newmont Mining -1.19% NUE Nucor Corp -1.25% PH Parker-Hannifin -0.82% PKG Packaging Corp America -1.43% PNR Pentair Plc -0.97% PPG(E) PPG Indus Inc 0.49% PX PraxAir Inc -0.94% SEE Sealed Air -0.02% SHW Sherwin-Williams 1.00% WRK Westrock Co -1.42% WY Weyerhaeuser Co 0.78%
U.S. stocks stalled Friday but hung on to weekly gains, as tumbling oil prices and worries over political risks from North Korea to Italy kept investors on guard ahead of the holiday-lengthened weekend. Stock indexes around the world struggled to gain ground this week as geopolitical rifts drove investors into relatively safe assets such as government bonds and gold.
Energy companies and oil prices took their worst losses in months Friday on reports OPEC countries plan to produce more oil soon. Stock indexes finished an indecisive week with small losses.
Energy companies and oil prices took their worst losses in months Friday on reports OPEC countries plan to produce more oil soon. U.S. crude oil sank 4 percent after multiple reports indicated that Russia and OPEC could start producing more oil soon. The drop in the price of oil has meant sharp losses for energy companies, but it gave airlines a boost as investors anticipated lower fuel costs.
U.S. stocks closed mostly lower on Friday, largely due to a selloff in energy shares. The S&P 500 energy sectors slumped 2.6%, weighing on the broader index. But all three main benchmarks posted weekly ...
The S&P 500 index and the Dow eased on Friday after a steep drop in oil prices pressured energy stocks, but losses were limited by gains in chipmakers and retail stocks. The S&P energy index slid 2.9 percent, while Chevron dropped 3.7 percent and Exxon Mobil fell 2.1 percent and were the biggest drags on the Dow.
Prominent investment firm Goldman Sachs (GS) also said that the rising rates could change the valuation of the equity market (SPY) (QQQ) (DIA). Rising inflation is signaling that interest rates could rise too. The faster rate hike expectation is pushing the bond yield higher.
NetApp (NTAP) stock has returned 69% in the last 12 months, -2.3% in the last month, and -5.5% in the last five days. It rose 36% in 2016 and 60% in 2017. Since the start of 2018, the stock has risen 21%.
Identifying the difference between a double-bottom and a flat base will help you tell the difference between a proper and an improper buy point.