|Day's Range||1,556.39 - 1,565.22|
|52 Week Range||1,266.92 - 1,742.09|
Lindsey Bell, CFRA Investment strategist, says that in the wake of good earnings “economic data has been pretty decent” with jobless claims at a 50-year low and retail sales that were much better than expected. Ryan Detrick, LPL Financial Senior Market Strategist, adds that the data shows “this is not the beginning of a recession, this is just an economic slowdown that we had in the first quarter.” Yahoo Finance’s Alexis Christoforous speaks to them, Brian Sozzi and Scott Gamm.
James Bullard, Chief executive officer and 12th president of the Federal Reserve Bank of St. Louis, says the “outlook is still very stable for the U.S. economy” and expects “2% growth at an annual rate for the second quarter.” Yahoo Finance’s Brian Cheung speaks to him.
It’s a big week for the IPO market with 8 IPOs pricing this week alone. Yahoo Finance’s Alexis Christoforous speaks to Brian Sozzi about the insurance company Palomar Specialty, which will make its debut on the NASDAQ today.
Yahoo Finance’s Akiko Fujita speaks to Rick Newman who says that sending the migrants in the southwest border to sanctuary cities would help boost those economies.
Inside The U.S. Stock Indexes: Retail groups accounted for most of the day's big losers. Oil groups gripped half of the day's top 12 performers.
As we enter the main thrust of the earnings season, there is some deterioration in trends. While the data remains largely neutral, the charts are starting to cast a few shadows. On the Charts The only index to close lower Thursday was the Russell 2000 as the rest posted gains.
The Russell 2000 index of small-cap stocks has fallen 1.5 percent since Feb. 22, while the S&P 500 index, which tracks the biggest American companies, has risen 4 percent. “This divergence is a concern because the Russell has been an excellent leading indicator for the rest of the market on many occasions in the past,” Maley wrote. The performance of the Russell 2000 is often seen as reflecting sentiment about the U.S. economy, as the companies tend to be more domestically focused versus the relatively international firms in the S&P 500.
Major share benchmarks were mostly lower in Asia on Wednesday after China announced its economy grew at a 6.4% annual pace in the last quarter. Japan's Nikkei 225 index gained 0.3% to 22,289.32 and the ...
TOKYO (AP) — Global stock indexes were mostly moderately higher in quiet holiday trading on Good Friday as some markets were closed.
There's some tech jubilance in the air on Wall Street and in Silicon Valley as a pair of newly public companies — Zoom and Pinterest — are seeing their stocks soar in their market debuts. Zoom Video Communications soared 72% while Pinterest jumped 28% when they started trading. NEW YORK (AP) -- The National Enquirer is being sold to the former head of the airport newsstand company Hudson News.
Major U.S. indexes managed small gains Thursday, though not enough to prevent a losing week for the S&P 500 following three weeks of gains. Industrial stocks led the way higher on strong company earnings. ...
The intrinsic value of the stocks in which the Fund invests may never be recognized by the broader market. Ariel Fund is often concentrated in fewer sectors than its benchmarks, and its performance may suffer if these sectors underperform the overall stock market. Warning! GuruFocus has detected 2 Warning Signs with SLCA.
The US stock markets took a nosedive early in the regular trading session after the QQQ briefly advanced to new All-Time Highs yesterday’s morning. With the QQQ and other symbols nearing fresh new highs, traders should expect volatility to increase as trading systems and traders to look for any signs of a top to set up.
Stocks finished a wobbly day of trading on Wall Street Wednesday with modest losses that erased most of the market's slight gains from a day earlier. A sharp sell-off in health care companies far outweighed ...
TOKYO (AP) — Stock markets were mostly higher Wednesday after news that China's economy grew at a better than expected 6.4% annual pace in the last quarter failed to entice wary investors focused on weaker U.S. corporate earnings.
Banks led stocks slightly higher on Wall Street Tuesday, erasing the market's modest losses from a day earlier, as investors weighed the latest batch of company earnings reports. Qualcomm powered technology ...
Chips led the U.S. stock market. Meanwhile, the Shanghai composite's spurt Tuesday lifted the index 33% above its January low.
U.S. stock indexes edged lower on Monday, pulled down by sinking bank stocks, and the S&P 500 fell for just the third time in the last three weeks. On Monday: The S&P 500 index lost 1.83 points, or 0.1%, ...
World stocks mostly edged up on Monday after the U.S. and China said they were closing in on a trade deal, without giving a timeline, and amid optimism over corporate earnings. Britain's FTSE 100 was flat at 7,433 while the CAC 40 in France gained 0.1% to 5,509. U.S. Treasury Secretary Steven Mnuchin said Saturday that the U.S. and China were moving closer to an agreement on trade.
Interest rates have indeed rallied smartly from three weeks ago, when the yield on the 5-year Treasury note hit its downside target. My initial target area was where resistance starts to come in -- 2.40% on the 5-year note and 2.60% on the 10-year note. Earnings are growing at a certain percent -- for this purpose let's say 40% (that's an uptrend line).