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Stocks are in a phase of apparent recovery after a tariff-sparked selloff threatened to put a lasting end to the bull run for U.S. equity markets.
Alessio de Longis, OppenheimerFunds portfolio manager for the Global Multi-Asset Group, talked to Yahoo Finance On the Move about whether investors should be worried about the inverted yield curve.
There’s a surprisingly easy and profitable trading strategy to use during extraordinary stock-market volatility like now. There have been six trading sessions over the past three weeks in which the Dow Jones Industrial Average (DJIA) suffered a triple-digit loss — including Monday of this week when the U.S. market benchmark shed more than 600 points. The way for an investor to respond to such volatility is also simple: Whenever the market’s volatility jumps, hedge your stock holdings.
The Dow Jones Industrial Average rose 0.82% to close at 25,532.05. The S&P 500 gained 0.80% to end at 2834.41, and the Nasdaq Composite rose 1.14% to close at 7734.49.
With Uber pricing near the bottom of its range last night, all eyes are on how it performs this morning. But investors might also take note that technology stocks are at a key technical level. And as tech goes, so may go the market, according to All Star Charts Institutional’s Top 10 Charts of the […]
A spike in Wall Street’s most popular volatility gauge is inspiring some unpleasant déjà vu for stock-market traders, though there is no guarantee the move presages a sharper equity selloff.
This year’s stock market uptrend is officially shattered. China trade concerns may be the trigger, but as I always say: Technicals paint a picture of things to come, and when things line up, markets will find a trigger to confirm the technical picture.
The main equity benchmarks, which had been carving out fresh records as recently as Friday, are running behind the pace of price swings over the past five years, with the exception of 2017’s history-making period of quietude, according to Dow Jones Market Data.
There have been six episodes over the past five years during which the two-day change in the Cboe Volatility Index exceeded the 6.45-point surge seen in the opening sessions of this week that propelled Wall Street’s fear gauge to the highest since January. It took time for markets to digest the ramifications of China’s shock devaluation of its currency, but by late in the month stocks were in meltdown mode. On Friday, Aug. 21, the VIX closed above 28, almost 13 points above where it ended Wednesday.
The outlook for a near-term deal seems to be receding, with pressure on the stock market still ramping up and new U.S. tariffs set to take effect Friday. In the past, Trump has shown a tendency to make big pronouncements on trade and then sometimes walk them back.
Japan’s benchmark measure slid 1.5 percent as of 9:15 a.m. in Tokyo, while the Nikkei 225 Stock Average lost 1.6 percent. Electronics makers were the biggest drag as all industry groups declined. China’s government confirmed Tuesday that Vice Premier Liu He will visit the U.S. for trade talks May 9-10.
U.S. stocks slid on Tuesday as escalating trade tensions between the United States and China triggered global growth fears and drove investors away from riskier assets. The Dow Jones Industrial Average posted its second-biggest daily percentage drop of the year, while the S&P 500 and Nasdaq registered their third-biggest percentage drops, even as the major indexes pared losses to end off their session lows.
The Dow Jones Industrial Average on Tuesday registered the second-worst decline of 2019 as the stock market experienced a broad-based selloff prompted by a second day of fears that the U.S. and China won't be able to achieve a tariff accord soon. The Dow closed off 473 points, or 1.8%, at 25,965, marking its worst day since Jan. 3, according to FactSet data. The blue-chip gauge was lead by losses in trade-sensitive Boeing Co. and Apple Inc. . In fact, all 30 Dow components finished in negative territory. The Dow had fallen by as many as 648 points, touching an intraday low at 25,789.71. Meanwhile, the S&P 500 index closed down 1.7% at 2,884, while the Nasdaq Composite Index closed down 2% lower at 7,964. (All closing levels are on a preliminary basis). The decline for the S&P 500 and Nasdaq marked the worst since March 22.
A somnambulant period of drifting toward record territory for equity indexes appears to be over, with stocks already positioned for their worst month of this trading year.
U.S. stocks slid more than 1 percent on Tuesday in a broad-based selloff led by technology shares, as escalating trade tensions between the United States and China triggered global growth fears and kept investors away from riskier assets. Beijing said on Tuesday that Chinese Vice Premier Liu He will visit the United States this week for trade talks, playing down U.S. President Donald Trump's unexpected threat that he would raise tariffs on $200 billion worth of Chinese goods to 25 percent from 10 percent.
Wall Street’s favourite gauge of volatility has risen to its highest level in just over four months, and bonds continue to rally, as investor concerns about the state of trade negotiations between the US and China put equities on track for their biggest drop since the start of 2019. The CBOE Volatility Index, Vix, was up by 5.8 to 21.19 in afternoon trade on Tuesday. Late last year as the S&P 500 found itself on the precipice of a bear market — defined as a 20 per drop from a peak — the Vix topped out just above 36.
Stocks tumbled at the start of Monday's session after President Donald Trump announced higher tariffs on Chinese goods.
Yahoo Finance's Adam Shapiro and Julie Hyman discuss with BBG Ventures President Susan Lyne and College Board President Jeremy Singer.
Stocks are up across the board today on strong earnings from the likes of Walmart and Cisco. Daniel Morris of BNP Paribas says earnings have been much better than feared a few weeks ago, but still not great in absolute terms. He talks with Yahoo Finance's Julie Hyman and Adam Shapiro.
Markets rebounding on reports that President Trump will be delaying decision on auto tariffs up to six months. Haverford Trust Co-Chief of Investment Hank Smith says Trump is a slave to the stock market. He joins Yahoo Finance's Seana Smith.
As President Donald Trump gets ready to apply tariffs on all U.S., China important, market volatility continues. Yahoo Finance's Brian Sozzi talks to Evercore ISI Managing Director and Head of Technical Analysis, Rich Ross, who says the CBOE Volatility Index is a "coincidence indicator" and "the currency of fear."
The second day of U.S.-China trade talks concluded today with the markets rebounding on Secretary Mnuchin's comment that talks were 'constructive'. First Franklin Chief Market Strategist Brett Ewing joins Yahoo Finance's Rick Newman and Seana Smith.
Brian Shannon, CMT and founder of www.alphatrends.net @AlphaTrends joins Yahoo Finance's Myles Udland and Jen Rogers to break down the technicals in the SPDR S&P 500 ETF (SPY) as well as Disney (DIS).
Jack Ablin, Cresset Chief Investment Officer, says this trade deal between the U.S. and China is not just about "product and services," but "really the fight for global dominance in technology and trade." Yahoo Finance's Dan Roberts and Heidi Chung speak to him.