|Day's Range||24,983.33 - 25,081.45|
|52 Week Range||21,496.13 - 26,616.71|
Fed action is the single most important.
Yahoo Finance's Alexis Christoforous and Jared Blikre break down the latest market action as a new trading week begins with a bevy of company earnings, as investors digest the G20 meeting and President Trump cracking down on Iran via Twitter.
President Trump is warning Iran of ‘consequences’ after Iran’s leader threatened that war with the country would be ‘the mother of all wars.’ Yahoo Finance’s Alexis Christoforous, Rick Newman and Melody Hahm discuss what it means.
GE joined the Dow Jones Industrial Average back in 1896 but was recently removed. So it got us thinking about this historical company and how it has affected every aspect of our lives. Watch now!
, the parent company of Google, was up 0.7% on Monday ahead of its second-quarter earnings after the closing bell. Stocks were mostly higher on Monday, July 23, as investors picked through a number of developments in the White House's ongoing trade disputes with its allies and trading partners. An official communique from a meeting of G-20 finance ministers and central bankers over the weekend in Buenos Aires reiterated the downside risks to global growth, saying they included "rising financial vulnerabilities, heightened trade and geopolitical tensions, global imbalances, inequality and structurally weak growth" following Donald Trump's declaration last week that he was "ready to go" in imposing tariffs on $500 billion worth of China-made goods in his effort to reduce a record trade deficit with the world's second-largest economy.
U.S. stocks veered slightly higher in afternoon trading Monday as the market recovered from an early slide. Banks accounted for much of the market's gains as bond yields rose, pointing to higher interest rates on consumer loans. Automakers, retailers and industrial companies declined. Investors were focused on corporate America as the busiest week of the earnings reporting season got underway.
The financial sector rose 1.42 percent after 10-year U.S. Treasury yields gained as the Federal Reserve was seen as likely to continue raising interest rates despite criticism from President Donald Trump. Shares of Illinois Tool Works fell 8 percent and weighed on the trade-sensitive industrial sector. Investors are worried that the U.S.-Sino trade war could spill over to the currency markets.
Stock-market investors continue to play down the risks escalating trade tensions pose. But economists are beginning to pencil in an ever steeper hit to growth in China, the U.S. and the world.
U.S. stocks pare earlier gains to edge higher Monday as investors digested positive corporate earnings. Company news was somewhat tainted by fresh geopolitical worries after President Donald Trump tweeted a strong warning to Iran.
As trade concerns loom and earnings results fail to impress, stocks are refusing to get out of bed this morning. The Dow Jones Industrial Average has barely gained 10 points or 0.04%. •....watch with interest as LifePoint Health's (LPNT) stock pops. The Dow is treading water at around 25,038.20. Only it's not pudding investors are eating, but perhaps poorly made sausage, writes Nicholas Colas, co-founder of DataTrek Research in his morning note.
The U.S. stock market has generally seen gains thus far this year, but anyone watching the market knows that the upside has been anything but even.