|Day's Range||1,431.88 - 1,465.76|
|52 Week Range||1,422.98 - 1,742.09|
Stocks losing steam as Trump says he would be "Proud" to shut down the government if he doesn't get a border wall. Plus - Cowen says Amazon stock could jump 40% - it’s our call of the day. And - where do you hide in this market? Veteran trader Lee Munson gives us the playbook. Plus - believe it or not - companies are leaving China because of its Tariffs. We have the latest.
U.S. stocks careened between big gains and losses on Tuesday before indexes ended the day mixed, the latest dizzying run for a market that's been dominated by them in recent months.
More losses may be ahead for U.S. stocks in the short term, according to an indicator with a fittingly ominous name: the death cross. A chart pattern tracked by technical analysts and other market mavens, a death cross forms when an index's near-term moving average of daily closing prices falls below its long-term moving average as both averages are declining. On Friday, the S&P 500 Index, the U.S. benchmark for large stocks, joined the main gauge of small companies' share performance, the Russell 2000, in forming a death cross.
Wall Street capped a turbulent week of trading Friday with the biggest weekly loss since March as traders fret over rising trade tensions between Washington and Beijing and signals of slower economic growth.
A scary chart pattern, called the 'death cross,' formed in the chart of the S&P 500 on Friday, signaling traders that there could be more selling ahead. The death cross formation appeared in the chart of the small cap Russell 2000 index just over three weeks ago, and the Russell has lost 4.4 percent since then. The death cross means the market could stay "lower for longer," said one technical strategist.
Stocks dove again on Wall Street Friday, capping a turbulent week of trading that gave the benchmark S&P 500 index its worst weekly loss since March. Technology stocks led the broad sell-off, which erased ...
Wall Street's main indexes fell more than 2 percent on Friday in a broad sell-off led by declines in big Internet and technology shares, and posted their largest weekly percentage drops since March as concerns over U.S.-China trade tensions and interest rates convulsed Wall Street. The S&P 500 erased virtually all of its gains from a week earlier, when the benchmark index notched its biggest weekly rise in seven years.
No rest for a weary Wall Street. Stocks are getting crushed again. Plus, Apple is tumbles again as another bank gets bearish. It’s the call of the day. And, what does the jobs report mean for the Fed’s calculus and the markets? Plus, there’s more intrigue on the Huawei case that roiled markets this week. We have the latest. Catch The Final Round at 3:30 p.m. ET with Myles Udland and Seana Smith.
With more jobs opening up and wages increasing, one analyst says he is bullish on the stock market and the U.S. economy for the next few years. Yahoo Finance’s Alexis Christoforous and Co-Founder Thomas Fross of Fross & Fross Wealth Management discuss.