|Day's Range||7,415.5786 - 7,452.8472|
|52 Week Range||6,081.9600 - 7,637.2700|
While leaving the White House, President Trump said the administration has restarted dialogue with North Korea after canceling the summit. Yahoo Finance’s Alexis Christoforous and Rick Newman break down the details.
Consumer sentiment and earnings from Foot Locker will be highlights for investors to cap off the final full week of May.
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.
NEW YORK (AP) — Energy companies and oil prices are falling sharply again Friday on reports OPEC countries plan to produce more oil soon. Airlines are climbing as investors anticipate lower fuel costs. Overall, major market indexes are mostly lower. Another decline in bond yields is hurting banks but helping dividend-payers like household goods makers. Gap is plunging after it had a weak first quarter as its namesake brand continued to struggle.
I think this week we are officially “on pause” with our trade war while negotiations continue. Though I think the last update was that President Trump was not happy with how they are going. Either way, the ongoing fracas (yes, fracas) continues to dent the mood of investors in the US and clearly in China as well. The Hang Seng Index is only up 2% this year while the Shanghai Comp is down 5%. Meanwhile, here in the U.S., the S&P 500 (SPY) is only up 2% while the Nasdaq (QQQ) has gained 8%. It is tempting to not get involved in equities with so much uncertainty. ...
Stocks rose for the week as President Trump hailed and then doubted China trade talks. Micron soared on good news. Retailers were hot or cold. Oil prices and Treasury yields tumbled.
The results are especially poor in midterm election years, as is 2018. The benchmark index’s performance is essentially flat over the month, with an average decline of 0.03%, according to the Almanac. Historical statistics paint a more positive picture for the Nasdaq Composite Index (^IXIC), which is currently the best-performing of the three major indexes in 2018.