|Day's Range||2,890.43 - 2,911.17|
|52 Week Range||2,488.03 - 2,916.50|
Live from the floor of the New York Stocks Exchange, Yahoo Finance's Jared Blikre joins Jen Rogers to break down the latest Chinese stocks under pressure.
Markets subdued as China and America ratchet up tariffs on goods. Yahoo Finance's Seana Smith, Dion Rabouin, Kathy Jones, Sr. VP and Chief Fixed Income Strategist and Liz Young of BNY Mellon Snr. Investment Strategist, discuss.
Sep.19 -- James Bevan, chief investment officer at CCLA Investment Management, discusses U.S. stocks and his outlook for markets. He speaks on "Bloomberg Markets: European Open."
James Bevan, chief investment officer at CCLA Investment Management, discusses U.S. stocks and his outlook for markets. He speaks on "Bloomberg Markets: European Open." (Source: Bloomberg)
Risk appetite, alongside lingering inflation concerns, lifts 10-year U.S. Treasury yields to a four-month high of 3.07%: data shows China's holdings slip to a seven-month low in July. Crude prices hold gains amid speculation that OPEC members may not increase production in order to offset the impact of sanctions on the sale of Iranian crude. U.S. stocks futures suggest more gains for Wall Street today, with contracts tied to the Dow indicating a 58-point rise at the opening bell.
Markets were given a boost as stocks in both Asia and Europe posted solid gains during their respective Wednesday sessions. On the data front, at 8:30 a.m. ET, housing starts, building permits and the current account is due. U.S. stock index futures eked out minor gains ahead of Wednesday's open, lifted by positive sentiment seen in markets overseas.
Investors bracing for the next global market slump can afford to stick it out in riskier assets for at least another year -- but it also doesn’t hurt to keep an eye on the exits, according to JPMorgan Asset Management. While the prospects of a U.S. recession coming in the next 12 to 18 months are low and it still makes sense to maintain a “pro-risk allocation” in portfolios for now, investors should be prepared to shift quickly into defensive dividend stocks and long-duration, developed-market government debt when the markets turn, said Tai Hui, chief market strategist for Asia with JPMorgan Asset in Hong Kong. “This could run a lot longer, because we still have a lot of growth momentum in the global economy,” Hui said in an interview Tuesday.
TOKYO (AP) — Asian shares were mostly higher Wednesday, despite jitters over the escalating trade dispute between the U.S. and China.
Analysts and market bulls alike have been riding the wave of the so-called longest bull market in history, with the stock market at all-time highs. Enter the bear market. Market fluctuations will have a big impact on your portfolio, so it's important to know how a bear market might affect it.
A steady stream of robust earnings and economic data has virtually zapped volatility from U.S. stocks, but a coming freeze on share buybacks could challenge the market. Companies typically don’t repurchase their own shares in the month before reporting quarterly results because of regulations, and with the third quarter coming to an end, 86% of the S&P 500 will be temporarily restricted by Oct. 5, according to Goldman Sachs analysts led by David Kostin. Company demand can also trigger stock-price gains.