|Day's Range||26,723.37 - 26,806.50|
|52 Week Range||21,712.53 - 26,951.81|
It's time to get technical at the YFi Interactive touch screen. Joining Yahoo Finance's Jen Rogers is Jared Blikre to break down the recent surge in gold and cryptocurrencies, including bitcoin, litecoin and ethereum.
World Bank President David Malpass weighs in on global slodown concerns. Yahoo Finance's Zack Guzman & Brian Cheung discuss.
Drug maker Perrigo issued a voluntary recall of more than 23,000 containers of this baby formula sold at Walmart. Yahoo Finance's Ines Ferre has the story
The Fed got one worry out of the way last week when it hinted of an interest-rate cut as soon as July, but trade is still a problem—one that U.S. President Donald Trump and Chinese President Xi Jinping have the potential to solve—or exacerbate.
Corporate zombies, that is. Kept alive by easy-money policies, companies that should have gone out of business keep staggering around.
Too little attention is being paid to potential for rapid pace of job losses, says Sheila Bair, the ex-head of the FDIC
Stock benchmarks lose some altitude Monday afternoon as investors look ahead to a meeting between President Donald Trump and Chinese leader Xi Jinping, while also tracking tensions between the U.S. and Iran.
Some ten years since the 2008-09 U.S. housing bubble, which sparked a global financial crisis, worries about the health of the global housing market persist.
Stocks finished mixed Monday. The Dow Jones rose less than 0.1% ahead of planned trade talks between President Trump and China's Xi Jinping later this week.
The S&P 500 edged lower on Monday as losses by healthcare companies overshadowed gains in the technology sector, while investors awaited U.S. President Donald Trump's meeting with Chinese President Xi Jinping at the G20 summit this week. The Nasdaq slipped but tariff-sensitive industrials, headed up by Boeing Co, led the blue-chip Dow Jones Industrial Average to a nominal advance.
The Dow Jones Industrial Average ended little changed Monday as investors looked to the upcoming G-20 summit for a breakthrough in U.S.-China trade talks. agreed to buy Caesars in a $17.3 billion deal that will create the biggest U.S. gaming company. Eldorado Resorts slumped 10.6%.
The Federal Reserve’s investor-friendly stance on interest rates has infused this market with a serious dose of optimism. The Financial Samurai blog has some ideas on how to play it.
Global equity markets traded mostly flat on Monday as investors awaited U.S.-China trade talks the end of this week at the G20 summit, and the dollar fell to three-month lows on bets the Federal Reserve may cut interest rates more than once this year. European stocks stumbled on fears of an escalation in Iran tensions, which also kept gold prices near a six-year high. U.S. President Donald Trump targeted Iranian Supreme Leader Ayatollah Ali Khamenei and other Iranian senior officials with new sanctions on Monday.
Federal Reserve Chairman Jerome Powell with testify to Congress on July 10 and 11 about interest-rate policy, two congressional committees announced Monday. The House Financial Services panel will go first, followed by the Senate Banking Committee the following day. Powell has made a concerted effort to be available to brief members of Congress behind closed doors about the economic outlook, and is often seen by reporters walking in the hallways of the Capitol.
U.S. stocks ended mostly lower on Monday, with only the blue-chip Dow managing to hold onto slight gains, as geopolitical tensions in the Middle East weighed on the oil sector. The Dow Jones Industrial Average was up 9 points, or less than 0.1%, to around 26,728, based on preliminary numbers. The S&P 500 was down 0.2% to finish around 2,945. The Nasdaq Composite fell 0.3% to end around 8,006. President Donald Trump signed an executive order sanctioning Iran's leaders. The U.S. and Iran have been stuck in a simmering dispute over attacks on tankers near the Strait of Hormuz and the downing of a U.S. drone last week. U.S. oil futures settled higher on Monday, even as energy stocks were among the worst performers for the day. Investors were mostly focused on the upcoming G-20 meeting at the end of the week, with many hoping President Donald Trump and Chinese counterpart Xi Jinping will reach a deal to prevent a further escalation in trade tensions. Shares of Caesars Entertainment Corp. jumped 15% after the casino operator consented to a buyout by Eldorado Resorts Inc.
President Donald Trump on Monday unveiled new sanctions targeting Iran’s leaders as he called on China to shoulder the responsibility for protecting a key waterway.
Dallas Fed President Rob Kaplan said Monday he want more information before he’ll decide whether to support a cut in interest rates.
Wall Street struggled for direction on Monday as gains by technology companies were blunted by losses in the healthcare sector, while investors looked to U.S. President Donald Trump's meeting with his Chinese counterpart Xi Jinping at the G20 summit later this week. The Dow held on to a small advance, while the Nasdaq was slightly lower.