|Day's Range||24,986.35 - 25,124.10|
|52 Week Range||9.65 - 25,124.10|
U.S. stocks inched lower Friday, ending the week little changed, as White House comments on monetary policy sent the dollar and government bond prices sliding. Major indexes struggled to break higher throughout the week as investors parsed dozens of earnings reports and rebukes from President Donald Trump on Federal Reserve policy. A White House official told CNBC that Mr. Trump was worried the Fed would raise interest rates twice more this year.
The Dow Jones Industrial Average finished lower on the day, but not enough to really count. •...and explain why State Street (STT) sank to the bottom of the index. The S&P 500 rose 0.52 point this week after dipping 0.1% to 2801.83 today, while the Dow Jones Industrial Average advanced 38.71 points, or 0.2%, this week after declining 6.38 points today to 25,058.12 today.
U.S. stocks ended slightly lower on Friday as escalating trade anxieties driven by U.S. President Donald Trump's latest tariff threats against China offset a string of robust earnings led by Microsoft. The Dow Jones Industrial Average posted its third consecutive weekly gain, while the S&P 500 also rose for a third straight week after eking out a gain for the period.
The U.S. dollar weakened, long term Treasury yields rose and stocks closed mostly lower on Friday after President Donald Trump complained again about the greenback's strength and about Federal Reserve interest rate rises. Wall Street and European stock markets stalled, despite good corporate earnings, after Trump threatened to impose tariffs on all U.S. imports from China. Trump repeated his criticism a day earlier of the U.S. Federal Reserve's policy on raising interest rates saying he is concerned the central bank will raise interest rates twice more this year, a White House official told CNBC.
rose 1.9% after the software giant posted better-than-expected fiscal fourth-quarter earnings as its cloud business surged. Stocks ended mixed on Friday, July 20, as Microsoft Corp. Earlier in the session President Trump said he was ready to increase the amount of China-made goods facing tariffs to as much as $500 billion in order to address what he has called an unfair trade deficit with the world's second-largest economy.
U.S. stocks were largely unchanged on Friday as a string of strong earnings led by Microsoft offset escalating trade anxieties driven by U.S. President Donald Trump's latest salvo of tough China tariff threats. Shares of Microsoft Corp hit a record high and were up 2.0 percent after second-quarter results beat analyst estimates. Microsoft's advance provided the biggest boost to all three major U.S. stock indexes.
U.S. stock indexes edged higher on Friday as technology stocks rose on the back of solid results from Microsoft, easing fears of a rising trade spat after President Donald Trump toughened his stance against China. Microsoft rose as much as 3.6 percent to a record high of $108.20 and was the biggest boost to the S&P 500 and the Dow Industrials. President Trump said he was ready to impose tariffs on all $500 billion of imported goods from China, unnerving financial markets in premarket trading.
Stocks flinched after President Donald Trump said he's "ready to go" with tariffs on $500 billion of Chinese imports, but they have since recovered. The Dow Jones Industrial Average at around 25,078 Friday afternoon appears to be standing still as investors are becoming practiced stoics. •...and explain why State Street (STT), provider of the world's largest exchange-traded fund, is sliding. The Dow has risen just 32.53 points, or 0.1%, to 25,097.03, while the S&P 500, at 2806.87, is flat.
The dollar fell this morning sharply after President Donald Trump accused China and the EU of manipulating their currencies. The U.S. Dollar Index (DXY), which measures the dollar against a basket of currencies was down 0.6% to 94.62. President Trump tweeted that “China, the European Union, and others have been manipulating their currencies and interest rates lower, while the U.S. is raising rates while the dollars gets stronger and stronger with each passing day–taking away our big competitive edge.” So is the trade war now becoming a currency war?
U.S. stocks rose on Friday as solid results from Microsoft lifted technology stocks and eased rising trade tensions after President Donald Trump said he was ready to impose levies on $500 billion worth of goods from China. Microsoft rose as much as 3.6 percent to a record high of $108.20 and boosted all three of the Wall Street's main indexes. Trump's comments on tariffs, which followed after the United States and China imposed levies on $34 billion worth of each other's goods this month, worried investors already grappling with the impact of a strengthening dollar on corporate results.
Even Steven. 4-4. That's what's facing us in terms after Thursday's trading action. While no significant technical events occurred on the charts, two indices are challenging resistance, leaving the near-term trends for the major equity indices evenly split.
The S&P 500 was trading flat on Friday as Microsoft's robust results helped offset escalating tariff worries after President Donald Trump said he was ready to impose levies on $500 billion worth of goods from China. Microsoft rose as much as 3.6 percent to a record high of $108.20 after its quarterly results topped estimates on strong performance of its Azure cloud computing business.
America’s system of unemployment insurance is getting relatively little use these days. According to data from the Department of Labor, the number of Americans filing an initial claim for benefits after losing a job has dropped to the lowest level in roughly fifty years. The number of Americans filing a continued claim for unemployment insurance is lower now than at any point since the early 1970s.
Tariff fears marched back onto Wall Street early Friday, stirring up tension and possibly overshadowing some solid earnings news in which info tech continues to lead the parade. In an interview with CNBC, President Trump threatened to unleash tariffs on $500 billion worth of Chinese goods. Just a few weeks ago, the White House slapped tariffs on a smaller amount of Chinese imports, but the market bounced back pretty quickly from weakness then.
U.S. stocks opened slightly lower on Friday as industrial stocks fell on worries of an escalation in trade war after President Donald Trump toughened his stance against China, but gains in Microsoft capped ...
The Dow Jones Industrial Average is poised for a fall morning as trade war worries resurface. Look Up Stocks ended lower on Thursday, and it looks like the Nasdaq, helped by Microsoft (MSFT), may be the only index to buck that trend Friday. Dow Jones Industrial Average futures are 0.4% lower, while S&P 500 futures are off 0.2% but Nasdaq Composite futures are clinging to gains, up 0.1%.
There have been over 50 component changes to the Dow's since 1896, and these three stocks could be the next to join the prestigious index.
U.S. dollar index falls more than 1.6% from Thursday's 52-week high after President says he's "not thrilled" with Fed tightening. China's PBOC fixed yuan at lowest level in 13 months as currencies move to center stage in trade war. U.S. equity futures extended declines Friday after President Donald Trump said Friday he was ready to increase tariffs on China-made goods to as much as $500 billion in order to address what he has called an unfair trade deficit with the world's second largest economy.
The S&P 500 closed at a 5.5-month high price level on Wednesday and clocked the second consecutive daily gain. On Thursday, nine out of 11 major S&P 500 sectors closed the day lower. The release of stronger-than-expected earnings reports boosted the S&P 500 on Wednesday.
Sitting US Presidents are rarely publicly critical of monetary policy. The intent is for the central bank to set monetary policy independent of political influence. This is why these governors serve a fixed term, and can not be removed from office by the Executive Branch.
Want to know why the Dow Jones Industrial Average is doing what it's doing? Check back here for a semi-live look at the volatile markets from Barron's reporters. 7:41 a.m. It's a mixed market this morning, ...
U.S. stock futures traded mixed on Friday, July 20, as did shares in Europe and Asia as investors fixated on comments from Donald Trump that could suggest the dollar may by the next weapon in the White House's arsenal in the brewing trade war. Trump sent markets tumbling on Thursday, July 19, when in an interview to be aired Friday he said he "wasn't thrilled" with the Federal Reserve's signalling of future rate hikes, and the dollar strength it inevitably creates, when China's yuan is "dropping like a rock" and the European single currency is declining. Trump's comments, which breach years of presidential protocol that allows the Fed to operate independently, followed two days of testimony from Fed Chairman Jerome Powell that appeared to have cemented the case for at least two more rate hikes this yea, as the economy continues to outperform and inflation rises.
SINGAPORE (AP) — World stock markets fell sharply Friday after U.S. President Donald Trump said he was prepared to put new tariffs on all Chinese imports, escalating the rhetoric in a trade war that could hit global economic growth.
Asian markets wobbled Friday on signs that China and the U.S. were preparing to impose more tariffs on each other's products. KEEPING SCORE: Japan's Nikkei 225 lost 0.5 percent to 22,652.42 and South Korea's ...
U.S. stocks declined Thursday as a deal to toughen foreign-investment reviews stoked trade tensions and a round of lukewarm corporate-earnings reports weighed on sentiment. The proposed policy changes, announced Thursday by Senate Majority Whip John Cornyn of Texas, would mark the first major shift in a decade to laws used to vet foreign investment. The deal strengthens the Committee on Foreign Investment in the U.S. and the export control system, ostensibly to hinder foreign investment from countries such as China that could threaten national security.