|Day's Range||25,031.67 - 25,482.80|
|52 Week Range||18,213.65 - 29,568.57|
Stocks closed at their highest levels since at least March, ending Friday’s volatile session mostly higher after President Donald Trump announced retaliatory measures against China that were less negative for markets as some had feared. Myles Udland, Sean Smith, Rick Newman, and Akiko Fujita discuss on The Final Round.
As the coronavirus pandemic continues, credit-card fraud attempts have been rising. Javelin Strategy & Research Head of Payments Krista Tedder joins Yahoo Finance’s Akiko Fujita to discuss.
According to the Wall Street Journal, the government is rushing to survey the land in the Laredo area for a border wall. Legal Director of Racial and Economic Justice Program for Texas Civil Rights Project Efrén Olivares joins Yahoo Finance’s Kristin Myers and Zack Guzman to discuss.
Fed Chair Jerome Powell spoke on the U.S. central bank’s coronavirus programs and future plans for economic recovery.
After a sharp run-up for U.S. stocks, rising tensions between Washington and Beijing could spark a round of near-term consolidation that could prove to be an entry point for investors, a prominent Wall Street bull said Friday.
Renewed China tension? A tiff between Twitter and President Trump? No problem for a stock market that just keeps going higher...for now.
Market participants were initially wary about the possibility of a big rise in tensions between the U.S. and China over recent actions in Hong Kong, but a White House press conference turned out not to be as confrontational as some had feared. The Dow Jones Industrial Average (DJINDICES: ^DJI) lost ground, but the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) had modest gains. Much of the Nasdaq's outperformance came from a great day for technology stocks, which once again proved how resilient their business models are, even in the face of coronavirus-provoked economic pressures.
Stocks pared back losses Friday after President Donald Trump delivered a China-focused speech that was more restrained than expected. There was no talk of sanctions or raised tariffs on Chinese goods.
DEEP DIVE U.S. stocks rose in May, extending a rally that began after the coronavirus-crisis bottom in March. • The Dow Jones Industrial Average (DJIA) recovered from an earlier decline Friday, as President Trump discussed actions against China, to end the day with an 18-point decline.
President Donald Trump said the U.S. will revoke its special treatment for Hong Kong and sanction Chinese government officials, among other measures, on Friday.
Stock index benchmarks ended mostly higher Friday and booked sharp gains for the week and month, after a news conference from President Donald Trump on China turned out to be not as disruptive to trade and finance as had been feared
Stocks finished mixed Friday, with the Nasdaq higher and the Dow Jones Industrial Average lower, after President Donald Trump's China speech.
President Donald Trump on Friday said the U.S. is quitting the World Health Organization and is beginning to revoke Hong Kong’s special status, in an escalation of tension with China.
Stocks fell on Friday, extending losses from Thursday’s session as investors eyed renewed tensions between the U.S. and China.
The S&P 500 and the Nasdaq pared losses and closed positive Friday afternoon after President Donald Trump took a number of measures in what he described as China violations, but fell short of taking any actions that might be perceived by investors as market negative. The Dow Jones Industrial Average ended the session off about 17 points, or less than 0.1%, to 25,383, the S&P 500 index gained 0.5% to end trade at about 3,044, while the Nasdaq Composite index advanced 1.3% to around 9.490. In a news conference in the White House's Rose Garden on Friday, Trump accused China of "continually" violating its "promises to us," but he did not mention ending a phase-one trade agreement or sanctioning China more directly in his comments. The president said he would Trump terminate the U.S.'s relationship with the World Health Organization, which he accuses of being heavily influenced by China. The president has continually blamed China's "malfeasance" for the spread of the novel strain of coronavirus associated with COVID-19.
Stocks finish mixed after President Trump took steps against China, including cutting ties with the WHO, which he said Beijing controls.
Among the Dow Jones stocks, Apple and Microsoft are among the top stocks to buy and watch in May 2020.
Stocks reversed early losses to post a mixed finish Friday, capping a strong weekly and monthly performance, after President Donald Trump announced a series of measures aimed at punishing China over its treatment of Hong Kong but refrained from undermining the phase one trade deal reached earlier this year. The Dow Jones Industrial Average , which traded more than 300 points lower as Trump began his announcement, ended the day with a loss of around 18 points, or 0.1%, near 25,383, according to preliminary figures, while the S&P 500 rose around 15 points, or 0.5%, to close near 3,044. The Nasdaq Composite jumped 121 points, or 1.3%, to finish near 9,490. The Dow logged a weekly gain of 3.8% and rose 4.3% for May, while the S&P 500 saw a 3% weekly rise and a 4.5% monthly advance. The Nasdaq was up 1.8% for the week and 6.8% for May.
The direction of the June E-mini Dow futures contract into the close on Friday is likely to be determined by trader reaction to 25144 and 24935.
DOW UPDATE The Dow Jones Industrial Average is climbing Friday afternoon with shares of Intel and Cisco seeing positive momentum for the price-weighted average. Shares of Intel (INTC) and Cisco (CSCO) have contributed to the blue-chip gauge's intraday rally, as the Dow (DJIA) was most recently trading 31 points higher (0.
U.S. personal income surged in April on government coronavirus relief payments but spending fell sharply, the Commerce Department said Friday.
DOW UPDATE The Dow Jones Industrial Average is down Friday afternoon with shares of Raytheon Technologies Corp. and Boeing facing the biggest drops for the index. Shares of Raytheon Technologies Corp.
While what once was unthinkable has become the norm, negative interest rates or purchases of stocks by the central bank still seem like long shots.
The Financial Times says that the U.K. tax authority is seeking $1 billion in a dispute over prior deductions taken by General Electric.