|Day's Range||11.10 - 12.03|
|52 Week Range||8.56 - 50.30|
One of the supposedly biggest risks facing the U.S. stock market is so far proving to be a non-starter.
Stephen Diggle, who co-founded a hedge fund that made $2.7 billion on volatility wagers during the global financial crisis, isn’t betting on similar fluctuations now even as central banks begin to roll back years of extraordinary stimulus. Governments and central banks worldwide now see themselves as “guardians of the capital markets” and will always be ready to provide liquidity to prevent a repeat of the unprecedented price swings a decade ago, said Diggle, the chief executive officer of family office Vulpes Investment Management. “Generally we’ll have less super liquidity in future, so I expect generally slightly more volatility,” said Diggle, who is based in Singapore.
Volatility in the U.S. stock market is extremely low, despite such potential risks as a trade war, an emerging-market meltdown, and central banks becoming less accommodative.
British Prime Minister Theresa May said today that the EU and the UK are at an "impasse" in talks over Brexit. The Pound sank. Yahoo Finance's Dion Rabouin and Seana Smith talk with HSBC's Jose Rasco about Brexit, the dollar and where markets and the U.S. economy are headed.
Former economic advisor to President Obama, Austan Goolsbee discusses trade, the stock market, and the economy with Yahoo Finance's Dion Rabouin, Myles Udland, and Ethan Wolf-Mann.
Stocks continue to shrug off recent escalation of the tit-for-tat trade dispute between the U.S. and China. Yahoo Finance's Dion Rabouin, Seana Smith, and Andy Serwer discuss with Moody's chief economist Mark Zandi and Charles Schwab's Randy Frederick.
Beijing announcing $60 billion in tariffs on U.S. goods just hours after the U.S. issued its own tax on Chinese imports. Yahoo Finance's Seana Smith, Dion Rabouin, and Rick Newman discuss with BNY Mellon senior investment strategist Liz Young.
Amazon founder and CEO Jeff Bezos says big businesses and institutions should be scrutinized, but not vilified. Yahoo Finance's Seana Smith, Dion Rabouin, Ethan Wolff-Mann, and Pras Subramanian weigh in.
Hurricane Florence is driving up demand for gas in the Carolinas, but can suppliers keep up? Yahoo Finance's Seana Smith, Dion Rabouin, Ethan Wolff-Mann, and Pras Subramanian talk with GasBuddy head of petroleum analysis Patrick DeHaan.
A new report shows home values rising in cities, but rural areas are experiencing slower growth since the recession. Yahoo Finance's Seana Smith, Dion Rabouin, Dan Roberts, and Melody Hahm discuss along with BBG Ventures partner Nisha Dua.