|Day's Range||25,657.80 - 26,009.90|
|52 Week Range||21,712.53 - 26,951.81|
President Donald Trump says the economy would have grown over 4% in 2018 if the Fed did not raise rates four times.
Tony Dwyer, Chief Market Strategist and Sr. Managing Director of Canaccordia Genuity talks market strategy with Yahoo Finance's Julie Hyman and Adam Shapiro
Global stocks edge higher following last night's tech-lead rally on Wall Street, although gains were capped by concerns for the strength of the world economy. US Treasury Department sanctions on two Chinese shipping firms accused of helping North Korea evade restrictions on its nuclear weapons program rattle nerves ahead of next week's trade talks. U.K. Prime Minister Theresa May given two-week reprieve to win support for her twice defeated Brexit deal, raising the stakes of Britain's exit even higher heading into April.
Shake-ups come infrequently for the Dow Jones Industrial Average, but some degree of change may be in the works for the stock index as two of its 30 constituents prepare to transform from large conglomerates into smaller companies. The latest occasion to re-examine the Dow stems from chemical company DowDuPont Inc, which is breaking up into three publicly listed stocks. The first step, the separation of the company's Dow materials science division, is due to take effect on April 1.
In overnight market action stateside, stocks advanced as investors continued to grapple with the potential implications of a recent U.S. Federal Reserve policy statement. Stocks in Asia traded cautiously on Friday afternoon as investors grappled with the consequences of a more dovish U.S. Federal Reserve . The mainland Chinese markets were the biggest losers of the day, declining by the morning session's end as the Shanghai composite fell 0.77 percent and the Shenzhen component dropping 1.242.
The biotech lost nearly a third of its market value on news Biogen halted trials for its Alzheimer’s treatment. The Dow Jones Industrial Average rose 0.84% to close at 25,962.51. The S&P 500 gained 1.09% to end at 2854.88, and the Nasdaq Composite surged 1.42% to end at 7838.96.
Technology companies powered a broad rally for U.S. stocks Thursday, snapping the market's two-day losing streak. Retailers and industrial companies also notched solid gains, which offset losses in financial ...
By Rodrigo Campos NEW YORK (Reuters) - Wall Street led global stocks higher on Thursday on the back of upbeat economic data, while the dollar rallied despite the Federal Reserve's uber-dovish stance as ...
U.S. stocks close higher Thursday on the back of a rally in the technology sector, while shares of Apple Inc. surged, helping to propel the Dow.
An Apple-led tech rally pushed Wall Street higher on Thursday as jitters over the Federal Reserve's forecast of an economic slowdown were calmed by upbeat economic data. All three major U.S. stock indexes ended the session in the black, with the Nasdaq showing its fifth straight advance, the Dow posting its best day in over a month and the benchmark S&P 500 closing less than 3 percent below its all-time high set in September.
Stocks shook off a weak start and rallied to close at or near session highs Thursday, as Apple and other surging techs led the broad advance.
The Dow Jones Industrial Average closed higher despite Federal Reserve concerns over slowing global growth. tumbled 29.2% after the biotech company dropped a late-stage trial for aducanumab, an Alzheimer's disease drug. Stocks ended the day in positive territory Thursday as investors shrugged off the Federal Reserve's warning of slowing economic growth and President Donald Trump's comments on China tariffs.
Morgan Stanley’s chief equity strategist Michael Wilson says after the Federal Reserve’s Wednesday decision underlined the central bank’s uber-dovish stance, corporate earnings are going to be paramount for stock-market investors.
U.S. stocks ended higher on Thursday as a sharp surge in tech shares helped to lift key equity benchmarks. The S&P 500 rose 1.1% to end near 2,855. The Dow Jones Industrial Average advanced around 218 points to end around 25,964, based on preliminary numbers. The Nasdaq Composite climbed 1.4% to finish around 7,839. Equities bounced back from early weakness on Thursday after the Federal Reserve's March meeting showed the central bank had trimmed its projections for interest rates this year from two to none. China's commerce ministry confirmed Thursday that U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin would visit China next week. In company news, shares of Apple Inc. climbed 4.2% after Needham rated the iPhone maker as a "strong buy."
Hundreds of stocks and ETFs showed bullish action by hitting new highs. More growth stocks look poised to outrun the Dow Jones this year.
Technology stocks surged on Thursday, leading Wall Street higher as jitters over the Federal Reserve's warning of an economic slowdown were allayed by upbeat economic data. All three major U.S. stock indexes were in the black, with the Nasdaq set to post its fifth straight advance and the benchmark S&P 500 less than 3 percent below its all-time high set in September. On Wednesday, the Fed surprised investors with a policy statement that was more dovish than expected, as it forecast no further interest rate hikes this year due to signs of softness in the U.S. economy.
1:20 p.m. The Dow Jones Industrial Average has gained nearly 200 points today, making back all its losses—and then some—following the end of the FOMC meeting on Wednesday. The Dow has gained 180.62 points, or 0.7%, to 25,926.29, while the S&P 500 has climbed 0.8% to 2846.91, and the Nasdaq Composite has jumped 1% to 7805.41. After yesterday’s drop, we wondered if the market was worried that the Fed saw trouble for the U.S. economy, or that earnings would be disappointing, or that the Fed isn’t easy enough.