|Day's Range||1,623.952148 - 1,628.726196|
|52 Week Range||1,349.349976 - 1,639.890015|
Yahoo Finance's Alexis Christoforous and Jared Blikre break down the latest market action. As of 12:45 pm ET, the Dow Jones Industrial Average components ranked highest to lowest are: INTC Intel Corp 1.06% MCD McDonald's Corp 0.79% AAPL Apple Inc 0.69% UNH UnitedHealth Grp Inc 0.64% PG Procter & Gamble Co 0.58% NKE Nike Inc Cl B 0.43% MSFT Microsoft Corp 0.35% TRV The Travelers Companies Inc 0.27% HD Home Depot Inc 0.18% BA Boeing Co 0.12% DIS Disney (Walt) Co 0.10% KO Coca-Cola Co -0.06% IBM Intl Business Machines Corp -0.14% WMT Wal-Mart Stores -0.14% MRK Merck & Co -0.27% JNJ Johnson & Johnson -0.38% UTX United Technologies -0.43% CSCO Cisco Systems -0.48% V Visa Inc -0.46% GS Goldman Sachs Grp -0.53% JPM JPMorgan Chase & Co -0.54% VZ Verizon Communications -0.55% MMM 3M Co -0.56% PFE Pfizer Inc -0.82% GE General Electric Co -0.82% AXP American Express Co -1.12% CAT Caterpillar Inc -1.19% DWDP DowDuPont Inc -1.30% XOM Exxon Mobil -2.69% CVX Chevron Corp -4.19%
NEW YORK (AP) — Energy companies and oil prices are falling sharply again Friday on reports OPEC countries plan to produce more oil soon. Airlines are climbing as investors anticipate lower fuel costs. Overall, major market indexes are mostly lower. Another decline in bond yields is hurting banks but helping dividend-payers like household goods makers. Gap is plunging after it had a weak first quarter as its namesake brand continued to struggle.
Today, the Dow has fallen 60.77 points, or 0.2%, to 24,750.99, while the S&P 500 has dropped 0.3% to 2721.07 and the Nasdaq Composite has advanced 0.2%, to 7442.3. Except for one problem: The average stock in the S&P 500 isn't outperforming. Leuthold Group's Doug Ramsey notes that the equal-weighted S&P 500 has been underperforming the regular S&P 500 this year, even as the Russell 2000 has outperformed. "On the face of it, it’s difficult to argue the stock market has narrowed, what with the Russell 2000 and all major daily advance/decline measures making record highs over the last week," Ramsey writes.
HONG KONG (AP) — Asian stock indexes were mostly lower Friday as investors factored in fresh geopolitical uncertainty following the abrupt cancellation of a meeting between the U.S. and North Korean leaders.
Once again, investors are learning the hard way about the pitfalls of investing in emerging-market stocks and bonds. The Vanguard FTSE Emerging Markets ETF (VWO) has lost roughly 4% in 2018, compared with a 1.5% gain in the Vanguard Total Stock Market ETF (VTI). The iShares JPMorgan USD Emerging Markets Bond ETF (EMB) is down about 5% so far in 2018, vs. a roughly 2% year-to-date loss in the iShares Core Aggregate Bond ETF (AGG) .
U.S. stocks finished mostly lower Thursday as energy companies skidded along with oil prices. The market dropped after President Donald Trump said he canceled a meeting with North Korean leader Kim Jong Un, but recovered most of those losses.
Rising trade tensions between the U.S. and China have battered the stock market overall recently, and the S&P 500, which tracks large U.S. companies, has yet to recover the steep losses it took as investors worried about a possible trade war that could slow the growth of the global economy. Within the market's recent bout of turbulence, however, smaller companies have fared much better than larger ones. Brent Schutte, the chief investment strategist at Northwestern Mutual Wealth Management in Milwaukee, said the difference can be attributed to the fact that investors anticipate that smaller companies, which are far more U.S.-focused than large multinationals, are less likely to suffer if tensions with China and other trading partners escalate.
BANGKOK (AP) — World stock markets were subdued Thursday as carmakers' shares fell after the Trump administration said it was investigating imposing new tariffs on imports of autos and auto parts.
It took exactly one hour into the trading day for the puts to start piling up. Almost every time we have seen the market rise we have seen the options buyers yearn for more as the put/call ratio falls. Almost every time we have seen the market fall we have seen the options buyers yearn for more as the put/call ratio falls.
President Trump has called off his highly anticipated meeting with North Korean dictator Kim Jong-Un. Yahoo Finance's Seana Smith, Dan Roberts, Dion Rabouin and Ethan Wolff-Mann discuss.
Keith Bliss, Drive Wealth LLC; Kim Forrest, Fort Pitt Capital; and CNBC's Rick Santelli, discuss the day's market activity following Trump's announcement he will not meet with North Korea's Kim Jong Un.
It is better to base investment decisions on macroeconomic fundamentals than the noisy news flow, says Nicholas Ferres of Vantage Point Asset Management.