|Day's Range||1,623.330078 - 1,628.726196|
|52 Week Range||1,349.349976 - 1,639.890015|
Yahoo Finance's Seana Smith and Jared Blikre discuss the latest market moves in midday trading on Friday.
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.
Today, the Dow has fallen 60.77 points, or 0.2%, to 24,750.99, while the S&P 500 has dropped 0.3% to 2721.07 and the Nasdaq Composite has advanced 0.2%, to 7442.3. Except for one problem: The average stock in the S&P 500 isn't outperforming. Leuthold Group's Doug Ramsey notes that the equal-weighted S&P 500 has been underperforming the regular S&P 500 this year, even as the Russell 2000 has outperformed. "On the face of it, it’s difficult to argue the stock market has narrowed, what with the Russell 2000 and all major daily advance/decline measures making record highs over the last week," Ramsey writes.
HONG KONG (AP) — Asian stock indexes were mostly lower Friday as investors factored in fresh geopolitical uncertainty following the abrupt cancellation of a meeting between the U.S. and North Korean leaders.
Once again, investors are learning the hard way about the pitfalls of investing in emerging-market stocks and bonds. The Vanguard FTSE Emerging Markets ETF (VWO) has lost roughly 4% in 2018, compared with a 1.5% gain in the Vanguard Total Stock Market ETF (VTI). The iShares JPMorgan USD Emerging Markets Bond ETF (EMB) is down about 5% so far in 2018, vs. a roughly 2% year-to-date loss in the iShares Core Aggregate Bond ETF (AGG) .
U.S. stocks finished mostly lower Thursday as energy companies skidded along with oil prices. The market dropped after President Donald Trump said he canceled a meeting with North Korean leader Kim Jong Un, but recovered most of those losses.
Rising trade tensions between the U.S. and China have battered the stock market overall recently, and the S&P 500, which tracks large U.S. companies, has yet to recover the steep losses it took as investors worried about a possible trade war that could slow the growth of the global economy. Within the market's recent bout of turbulence, however, smaller companies have fared much better than larger ones. Brent Schutte, the chief investment strategist at Northwestern Mutual Wealth Management in Milwaukee, said the difference can be attributed to the fact that investors anticipate that smaller companies, which are far more U.S.-focused than large multinationals, are less likely to suffer if tensions with China and other trading partners escalate.
BANGKOK (AP) — World stock markets were subdued Thursday as carmakers' shares fell after the Trump administration said it was investigating imposing new tariffs on imports of autos and auto parts.
It took exactly one hour into the trading day for the puts to start piling up. Almost every time we have seen the market rise we have seen the options buyers yearn for more as the put/call ratio falls. Almost every time we have seen the market fall we have seen the options buyers yearn for more as the put/call ratio falls.
President Donald Trump is casting doubt on the prospects for talks that are designed to head off a trade war between the United States and China. NEW YORK (AP) -- A federal judge in New York says President Donald Trump cannot block his critics on Twitter without violating the First Amendment. Judge Naomi Reice Buchwald issued the written decision Wednesday.
Mark Sebastian, managing partner at Option Pit, discusses markets, small caps, and his options strategy for the Russell 2000 with Julie Hyman on "Bloomberg Markets." (Source: Bloomberg)
The Russell 2000 is about to post its best month since September, but one market watcher says the small-cap space could be due for a small breather before taking off again.
The Russell 2000 Index (^RUT) is up 6.5% this year, compared with 2% for the S&P 500 Index (^GSPC) of large-cap stocks. Small-cap investing maven Jim Callinan has his own theory on why small is beautiful — small-cap growth, that is. “There are lot of ways for growth stocks to continue to do well in an economy that is moribund.
Keith Bliss, Drive Wealth LLC; Kim Forrest, Fort Pitt Capital; and CNBC's Rick Santelli, discuss the day's market activity following Trump's announcement he will not meet with North Korea's Kim Jong Un.
It is better to base investment decisions on macroeconomic fundamentals than the noisy news flow, says Nicholas Ferres of Vantage Point Asset Management.
May.23 -- Mark Sebastian, managing partner at Option Pit, discusses markets, small caps, and his options strategy for the Russell 2000 with Julie Hyman on "Bloomberg Markets."
The Wall Street Journal says the issue of car manufacturing has emerged as a major sticking point in the NAFTA talks. Yahoo Finance’s Alexis Christoforous, Melody Hahm, and Dion Rabouin discuss points of contention.