^DJI - Dow Jones Industrial Average
| Previous Close | 26,727.50 |
| Open | 26,731.60 |
| Volume | 282,163,200 |
| Day's Range | 26,527.66 - 26,752.30 |
| 52 Week Range | 21,712.53 - 26,951.81 |
| Avg. Volume | 279,231,250 |
- Yahoo Finance Video•9 hours ago
Powell says Fed will 'act as appropriate' to support economy
During his speech in New York City, Federal Reserve Chair Jerome Powell noted that economic factors have changed quickly in the past few months, but the Fed is 'insulated' from political pressures. Charles Schwab Chief Global Strategist Jeffrey Kleintop and President at American Institute for Economic Research Edward Stringham join Yahoo Finance's Seana Smith to discuss.
- MarketWatch•3 hours ago
U.S. consumer debt is now above levels hit during the 2008 financial crisis
Consumer debt is growing to worrisome levels. Ben Mohr, senior research analyst of fixed income at investment consultant Marquette Associates, calculated that total U.S. consumer debt hit $14 trillion in the first quarter of 2019, surpassing the roughly $13 trillion of leverage accumulated in credit cards, auto loans and mortgages and other debt back in 2008, when those souring loans and securities pegged to them helped to send global markets into a tailspin (see attached chart). Mohr told MarketWatch that the increase in student loans — often cited as a source of consternation for economists and strategists — saw a notable increase.
- MarketWatch•3 hours ago
A housing market slump could drive global growth to a decade low, economists warn
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.
- MarketWatch•3 hours ago
Trump boasts best June for stock market in years — but a half-dozen signs flash warnings
President Donald Trump Tuesday morning thanked himself for a stock market that has been mostly clambering to new heights. The 45th president via Twitter touted the buoyancy of the equity markets, saying: “Stock Market is heading for one of the best months (June) in the history of our Country. Stock Market is heading for one of the best months (June) in the history of our Country.
- MarketWatch•4 hours ago
Investors awaiting the G-20 meeting miss a key point: The damage from U.S.-China trade war may be done already
U.S. stocks, bonds, gold and oil are all rallying together this week, sustained by the Federal Reserve reassurance that it may lower interest rates soon to help offset the “cross currents” in the global economy generated by the Trump administration’s erratic trade policy. U.S. stocks rallied to new records last week after the Federal Reserve’s suggestion, repeated by Fed Chairman Jerome Powell as recently as Tuesday, that easier monetary policy may be on the horizon.
- Barrons.com•7 hours ago
The Dow Fell Because the Trump-Xi Meeting May Cover More Than Just Trade
All eyes are on the Donald Trump-Xi Jinping meeting this weekend at the G-20 summit. One Fed Governor doesn’t see a big rate cut next month.
- MarketWatch•7 hours ago
How a potential case of stock-market ‘FOMO’ could trigger a ‘melt-up’
Stocks aren’t in “melt-up” mode yet, but the June rebound could soon begin to foster the same sort of “fear of missing out” feeling that prevailed in April if speculators come off the sidelines, says one quantitative analyst.
- TheStreet.com•7 hours ago
What Are Blue Chip Stocks and Why Should You Invest in Them?
What Is a Blue Chip Stock? Blue Chip stocks, legend has it, are called that because the 'blue chips' held the highest value in games of poker. There is no definitive list of 'Blue Chip' stocks, though the genius of Charles Henry Dow and Edward Jones, who together formed Dow Jones & Co., which created the Dow Jones Industrial Average, has been considered the most reliable.
- Motley Fool•7 hours ago
What Happened in the Stock Market Today
AbbVie became the latest player to pursue a pharma megadeal, and Lennar beat expectations for the second quarter.
- Reuters•7 hours ago
US STOCKS-Wall St sinks as hopes fade for rate cuts, trade progress
Wall Street stock indexes fell on Tuesday, led by a sharp selloff in technology shares, as simmering trade concerns and disappointing economic data sent buyers to the sidelines, while the Federal Reserve chairman pushed back on pressure from President Donald Trump to cut interest rates. All three major U.S. stock indexes ended the session in the red after Powell said the Fed was grappling with whether trade uncertainties and other issues warrant rate cuts.
- MarketWatch•7 hours ago
Powell, Bullard dampen market hopes that Fed will deliver half-point interest-rate cut
Comments Tuesday by Fed Chairman Jerome Powell and St. Louis Fed President James Bullard suggested an interest-rate cut in July was not a done deal.
- MarketWatch•7 hours ago
If you could buy only one ETF for these times, this low-volatility fund would be it
During the recent market swoon in May, the iShares Edge MSCI Min Vol USA ETF held its gains, while the S&P 500 fell.
- TheStreet.com•7 hours ago
Dow Ends Lower, Stocks Fall as Powell Says Fed 'Grappling' with Rate Cut
Stocks fell Tuesday as Federal Reserve Chairman Jerome Powell said he and his colleagues on the central bank were "grappling" over whether to lower interest rates. AbbVie is Real Money's Stock of the Day. filed a lawsuit against the U.S. government arguing new trade regulations put an "impossible burden" on the world's biggest package delivery company to monitor the origins of shipments to and from the United States.
- Reuters•7 hours ago
GLOBAL MARKETS-Gold soars to six-year high, stocks slide after Powell speech
Gold soared to an almost six-year high on Tuesday on escalating U.S.-Iran tensions, while equity markets slid on disappointing economic data and uncertainty on whether the Federal Reserve will cut interest rates in July as has been expected. Fed Chairman Jerome Powell said in a speech the U.S. central bank is insulated from short-term political pressures as policymakers wrestle with whether to cut rates amid slowing growth as President Donald Trump has demanded. Equity markets have rallied this month in anticipation that Fed policymakers would cut rates, but Powell's remarks cast doubt on those expectations when he referred to the Fed's independence.
- MarketWatch•8 hours ago
Nasdaq sinks 1.5% as tech-related stocks get clobbered after Fed lowers rate-cut hopes
Information technology shares and those related to telecoms suffered sharp losses Tuesday, as commentary from the Federal Reserve moderated hopes for a substantial reduction of benchmark borrowing costs. Rate-cut hopes have thus far underpinned equity market's record rally. The Dow Jones Industrial Average fell 0.7%, to 26,548, those for the S&P 500 index finished 1% lower at 2,917, with the info tech sector losing 1.8% and the communication services sector shedding 1.6% to lead the 11 S&P 500 sectors lower Tuesday. Shares of those companies, including Facebook Inc. have been among the best performers as the broader market carved out new records, with the S&P 500 setting its first closing record since April 30 on Thursday. As tech-related stocks got clobbered, the technology-heavy Nasdaq Composite Index endured the brunt of the day's selling, down 1.5% at 7,885, representing the worst day for the index sine June 3. Speaking at the Council on Foreign Relations in New York at 1 p.m. Eastern Time, Fed Chairman Jerome Powell said the rate-setting Federal Open Market Committee was "grappling with is whether these uncertainties will continue to weigh on the outlook and thus call for additional policy accommodation," in prepared remarks. Before that comment, St. Louis Fed President James Bullard, a dovish FOMC member who had advocated for a rate cut, said he didn't endorse an aggressive cut to benchmark rates, which stand at a range of 2.25%-2.50%.
- MarketWatch•8 hours ago
Nasdaq records three-day losing streak after Powell emphasizes ‘wait-and-see’ stance on rates
U.S. stocks slump after Federal Reserve Chairman Jerome Powell said he wanted to avoid a knee-jerk reaction to any one data point
- Reuters•8 hours ago
US STOCKS SNAPSHOT-Wall Street drops amid tech selloff, trade concerns
- MarketWatch•8 hours ago
Fed’s trying to find ‘makeup’ inflation strategy that works, Powell says
Fed Chairman Jerome Powell had glowing things to say about the idea of a ‘make up’ inflation strategy, suggesting that might be one outcome of the central bank’s year-long strategic review.
- MarketWatch•8 hours ago
‘Rich Dad, Poor Dad’ Robert Kiyosaki on the looming market crash, ‘God’s money,’ and why he’s looking like a genius
Gold has exploded for an 11% gain over the past month, giving long-suffering gold bugs a chance for some chest-puffery as prices reach levels not seen in more than six years on the back of unsettling geopolitical developments. Count Robert Kiyosaki, the best-selling author of “Rich Dad, Poor Dad,” among those basking in the yellow glow of gold’s resurgence
- MarketWatch•8 hours ago
Why the U.S.-China trade deficit is so huge: Here’s all the stuff America imports
President Trump bared his brass knuckles again in a trade spat with China, threatening to raise tariffs on billions of dollars in imports because talks to resolve the dispute are going “too slowly.”
- MarketWatch•8 hours ago
Chances are the U.S. stock market will be higher by year-end, but there’s a catch
MARK HULBERT CHAPEL HILL, N.C. (MarketWatch) — There’s a two-out-of-three chance that, on Dec. 31, the stock market will be higher than it is today. That certainly appears to be good news, since the Dow Jones Industrials Average (DJIA) is already sitting on a year-to-date gain of more than 15% (assuming dividends were reinvested).
- Reuters•9 hours ago
US STOCKS-Wall St drops on trade worries, Fed Chair Powell's speech
Wall Street lost ground on Tuesday as simmering trade concerns, combined with disappointing economic data, sent buyers to the sidelines, where they remained after Federal Reserve Chair Jerome Powell pushed back on pressure from President Donald Trump to cut rates. All three major U.S. stock indexes were in the red, weighed most heavily by technology stocks, after Powell said the Fed was grappling with whether trade uncertainties and other issues support interest rate cuts.
- Investor's Business Daily•10 hours ago
Stock Market Weakens On Fed Chief Powell Remarks; Drug Stocks, Defense Shares Gain
Stocks fell back in afternoon trading Tuesday after remarks by Fed Chairman Jerome Powell to the Council on Foreign Relations.
