|Day's Range||6,859.1694 - 6,884.6670|
|52 Week Range||5,371.8901 - 6,914.1899|
Alabama's special election for an open Senate seat will be the big story on Tuesday while small businesses will be a focus on the economic calendar.
Even as the Fed raises interest rates, money keeps pouring into equities and bitcoin, which must be disconcerting to the Fed despite what Chairwoman Janet Yellen has said.
The S&P 500 and the Dow advanced in late morning trade on Tuesday as Boeing's shares hit a record and bank stocks rose ahead of a near certain move by the Federal Reserve to raise interest rate. Boeing rose as much as 3.4 percent to $291.56 after the company said it would raise its quarterly dividend by 20 percent and replace its existing share buyback program with a new $18 billion authorization.
“It’s the most wonderful time of the year,” goes the well-known holiday song. The broad market is set to return about 20%, at current levels, and, as Barron’s noted previously, there has been nary a day in the stock market that was lower than 2016’s close of 2239 on the S&P 500 index on Dec. 30. Should the S&P 500 index produce a positive total return in the month of December—and it looks to do so—it would be the first year ever in which the index had no negative months.
Oracle Corp. appears to be in a more predictable stage of its cloud transition, but those predictions haven’t lived up to expectations so far.
U.S. stocks edged higher, putting the Dow industrials and the S&P 500 on track to build on the prior session’s record close as the Federal Reserve kicks off its two-day meeting.
The Dow Jones Industrial Average edged higher on Tuesday, with a 3 percent jump in shares of Boeing and rise in financial stocks, while losses in technology stocks weighed on the S&P 500 and the Nasdaq. Boeing shares hit a record high at $292.80 after the company said it would raise its quarterly dividend by 20 percent and replace its existing share buyback program with a new $18 billion authorization.
The Dow Jones Industrial Average opened higher as energy stocks gained and shares of Boeing touched a record high, while the S&P and the Nasdaq opened flat ahead of the Federal Reserve's policy meeting. ...
U.S. stock indexes opened mostly higher on Tuesday as the Federal Reserve looks to start its two-day policy meeting. The Fed is expected to vote and pass its third rate hike for this year. The Dow and ...
TOKYO (AP) — World stocks turned higher in European trading hours on Tuesday as investors looked ahead to a slew of central bank decisions, including the Federal Reserve, which was expected to raise interest rates.
Given the relatively low interest rates, the strong labor market, low inflation and progress toward tax reform, the stock market still has strong upside potential. However, although the event in New York on Monday is being treated as a one-time occurrence, it should serve as a reminder that there are still risks out there.
Rising technology and energy shares pushed the S&P 500 higher Monday ahead of a series of central bank meetings around the world this week.
A little-talked about provision in the Senate’s tax bill may hurt small investors in a big way. In the Senate version, investors selling partial stakes in a company would have to unload their oldest shares first, a process known as selling on a “first-in, first-out” basis. Alexis Christoforous and Myles Udland breakdown how this becomes a higher tax bill for millions of Americans.