|Day's Range||24,965.77 - 25,235.37|
|52 Week Range||21,600.34 - 26,616.71|
Turkey's financial crisis worsens as the country's government adds new tariffs on U.S. goods. Yahoo Finance's Seana Smith, Andy Serwer, and Dan Roberts discuss along with National Taxpayers Union Senior Fellow, Mattie Dupler.
Asian shares fell Thursday after deepening worries about global economic growth, particularly in China, set off a rout on Wall Street. KEEPING SCORE: Japan's Nikkei 225 index fell 0.1 percent to 22,192.04 ...
U.S. stocks tumbled Wednesday in a broad selloff led by the energy and materials sectors, as the Dow Jones Industrial Average and S&P 500 posted their fifth decline in the past six sessions. After mostly rising to start the month on the back of strong corporate-earnings reports, U.S. stocks have been pressured in recent sessions as investors worry that Turkey’s economic crisis could spread to other emerging markets. Some investors expect steady U.S. earnings and economic growth to continue supporting major indexes, but analysts say the market is starting to pay more attention to the challenges gripping other countries.
The Dow Jones Industrial Average notches a dubious distinction on Wednesday, as U.S. equity benchmarks fell firmly lower.
The Dow Jones Industrial Average (DJIA) the S&P 500 index (SPX)and the Nasdaq Composite Index (COMP)all finished solidly lower on Wednesday, with the equity benchmarks wallowing in a resumption of their hand-wringing over the health of Turkey’s economy as the Turkish lira (USDTRY)even as the currency notched some hard-fought gains against the U.S. dollar (DXY)after a withering few days.
Cisco Systems Inc. revenue has grown for three quarters in a row, and guidance issued Wednesday indicated that the networking giant that its return to growth may be more sustainable.
Investing.com – The Dow posted tripled digit losses Wednesday as plunging oil prices sent energy stocks tumbling, and a rout in global markets hurt performance.
Stocks took a tumble on Wednesday, as investors worried that troubles in China and Turkey could spread to other emerging markets and slow global growth amid ongoing trade tensions. Wells Fargo's Jay Bryson writes that Turkey’s foreign currency-denominated debt has led to selling pressure on other EM assets, and even stronger emerging economies may not be enough to calm investor fears about the fact that these countries' debt has more than doubled since 1997, from $2 trillion to more than $5 trillion today.
Want to start an argument on Wall Street? Just ask when the current bull market began. “Hold the champagne! This is not the longest bull market on record or since WWII as the current buzz on the Street would have you believe,” wrote Jeff Hirsch, editor of the Stock Trader’s Almanac, in a blog post.
Yahoo Finance's Jared Blikre joins Alexis Christoforous from the floor of the New York Stock Exchange to break down the latest market action.
Turkey is cracking down on US cars and alcohol, as part of new tariffs aimed at the Trump administration. Yahoo Finance’s Alexis Christoforous, Dion Rabouin, and Dan Roberts have more.