|Day's Range||9.22 - 10.20|
|52 Week Range||8.56 - 17.28|
Keith Bliss of Cuttone and Company joins Yahoo Finance's Seana Smith from the floor of the New York Stock Exchange to discuss the current market action in stocks.
Yahoo Finance's Seana Smith, Rick Newman, Melody Hahm and President of Heritage Capital Paul Schatz discuss why Trump's economic rating has slid downhill.
Gold is heading lower, falling to the lowest levels in over four months. But don't panic. Goldman Sachs is out with a note today saying don't count out gold just because cryptocurrencies like bitcoin steal all the headlines. Yahoo Finance's Jared Blikre joins Seana Smith from the floor of the New York Stock Exchange to discuss.
Veteran trader and author, John Netto, sits down with Yahoo Finance's Jared Blikre to talk stocks, bonds, market correlations, volatility, inflation, wage pressure, the Federal Reserve and the new CBOE bitcoin futures launching this Sunday (all in under 5 minutes).
The Commodity Futures Trading Commission has approved CME and CBOE to launch bitcoin futures. Yahoo Finance's Dan Roberts and Myles Udland discuss the development with CIO of Hennion and Walsh Asset Mgt. Kevin Mahn.
When historians look back on the 2017 stock market, it will be weeks like this that they remember. Three up days, two down, volatility nowhere in sight, and a wire-to-wire gain of less than 1 percent.
The S&P 500 started this week stronger and reached fresh record high levels. On December 12, seven out of the S&P 500's 11 major sectors moved higher.
Wall Street indexes closed higher on Monday and the biggest drivers were technology and energy sectors as oil prices rose and investors waited for an expected U.S. Federal Reserve rate hike later in the week. Technology stocks were back in favor with the biggest boost from Apple Inc (AAPL.O) as investors eyed a continuation of strong fundamentals in the sector. Traders, waiting for the Fed's two-day rate setting meeting to begin on Tuesday, see an 85-percent probability for a 25 basis point hike to the Fed funds rate target and a 15-percent chance of a 50 basis point hike, which would be the third rate hike this year, according to CME Group's Fedwatch tool.
After trading with strength for two trading weeks, the S&P 500 started this week on a weaker note. It fell for the first two trading days this week.
Goldman Sachs remains pro-risk in equities, but the company's top strategists say "time is running out for Goldilocks."
After gaining for two trading weeks, the S&P 500 started this week on a mixed note. On Monday, six out of the S&P 500's 11 major sectors rose.
Last week’s release of economic data and corporate earning results provided yet more ballast for U.S. equity markets and our historic rally. This was clearly evidenced by the sharp pull back in the Dow Industrials (^DJI) and simultaneous surge in the volatility “fear” index (^VIX) that emerged due to an erroneous report filed by ABC News investigative reporter Brian Ross that seemed to indicate, at least initially, that Trump directed former National Security Advisor Michael Flynn to contact Russian officials during the 2016 Presidential campaign.
The CBOE Volatility Index, which measures the volatility of the S&P 500 index (SPX-INDEX) (SPY), rose 10.8% in November 2017.
An unnamed trader dubbed the "VIX elephant," who for months has been prepared for a stock market slump, capitalized on a short-lived spike in volatility on Friday to adjust a massive options hedge. The big trade in VIX options on Friday vaulted trading volume to a record high and helped the trader cut hedging losses by potentially more than $18 million, initial estimates suggest. The CBOE Volatility Index (.VIX), better known as the VIX, is the most widely followed barometer of expected near-term volatility for the S&P 500 Index (.SPX).
Safe-haven assets jumped Friday after ABC News reported Michael Flynn would testify he was directed by President Donald Trump to talk to the Russians.
For better or worse, and so far today’s it’s worse, the stock market has lately come a little untethered from its foundation in earnings and economic growth and started training all its focus on politics....
The stock market remains very strong as it continues to trade at/near record highs and refuses to pullback in a meaningful fashion. This environment leads many people to ask: Are investors too complacent?
Following a strong performance last week, the S&P 500 started this week on a stable note. The market regained strength as the week progressed.