|Bid||0.00 x 1300|
|Ask||0.00 x 1300|
|Day's Range||9.11 - 10.10|
|52 Week Range||9.11 - 11.74|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Although falling stocks and rising interest rates will continue to weigh on sentiment, those negatives are likely to be offset by higher wages and retreating oil prices, Goldman says in a research note to clients.
The Dow Jones Industrial Average fell sharply Friday following a U.S. jobs report that was weaker than expected. Oil prices jumped Friday after OPEC member states and their allies agreed to cut production for at least six months. rose 0.58% Friday after the chipmaker posted fiscal fourth-quarter earnings that topped estimates and it issued a forecast higher than analysts' expectations.
With bond and equity markets from the United States to emerging markets all on pace to lose money this year, investors have not seen this much red on their screens since 1972, the last time no asset class returned at least 5 percent. As they start to position their portfolios for 2019, fund managers, from firms including ValueWorks, Sierra Investment Management and Federated Investors, say they are looking at sectors that could snap back next year thanks to a combination of more attractive valuations and a decline in the dollar. "If you look out at the broader picture, a lot of things are going right," said Terri Spath, chief investment officer at Sierra Investment Management, citing strong consumer confidence and other economic indicators.
It’s the worst start to a December in a decade. The Dow Jones Industrial Average tumbled 2.2% to 24,388.95. The S&P 500 fell 2.3% to 2633.08, and the Nasdaq Composite plunged 3.1% to 6969.25.
Concerns over China-U.S. trade tensions gave European shares their worst week of losses in two months and sank U.S. stocks on Friday, overshadowing the lift from higher oil prices and jobs data. The dollar index (.DXY), which tracks the greenback against a basket of six other currencies, fell 0.17 percent, with the euro (EUR=) up 0.24 percent to $1.1401.
Stocks dove again on Wall Street Friday, capping a turbulent week of trading that gave the benchmark S&P 500 index its worst weekly loss since March. Technology stocks led the broad sell-off, which erased ...
Stocks fell sharply on Friday, Dec. 7, after initially rising following a report that said jobs growth in the U.S. in November declined and the unemployment rate remained at a half-century low even amid signs the world's largest economy might be slowing down. The Labor Department said Friday that non-farm payrolls rose by 155,000 last month, down from 250,000 in October. The unemployment rate was unchanged at 3.7%, the lowest in 49 years.
Wall Street's main indexes fell more than 2 percent on Friday in a broad sell-off led by declines in big Internet and technology shares, and posted their largest weekly percentage drops since March as concerns over U.S.-China trade tensions and interest rates convulsed Wall Street. The S&P 500 erased virtually all of its gains from a week earlier, when the benchmark index notched its biggest weekly rise in seven years.
U.S. stocks tumbled on Friday in a broad sell-off led by declines in big internet and technology shares, and the benchmark S&P 500 index posted its biggest weekly percentage drop since March as concerns ...
If you follow the markets you probably know that the yield curve has partially inverted. You also probably know that this is a fairly big deal, because almost every financial reporter in the country keeps saying so.
National Economic Council Director Larry Kudlow told CNBC's "Squawk on the Street" that President Donald Trump would consider extending the current 90-day truce between the U.S. and China if progress was made in the ongoing talks. It has been a very confusing week for investors as the Trump administration continues to deliver mixed messages on the state of trade relations with China.
Wall Street's main indexes fell more than 2 percent on Friday, led lower by technology and healthcare shares, as investors digested renewed U.S.-China trade tensions and a turbulent week of trading neared an end. Concerns over U.S.-China trade relations were fanned by White House trade adviser Peter Navarro's comments that U.S. officials would raise tariff rates if the two countries could not come to an agreement during a 90-day negotiating period.
J. P. Morgan's Marko Kolanovic is still overweight equities and underweight bonds for 2019, with projected earnings growth of 8 percent for the S&P 500 and a price target for the index of 3,100. Conflicting televised remarks by two top White House advisors on Friday, followed by a sharp drop in the stock market, showed the destabilizing effect of trade policy incoherence. J. P. Morgan's Marko Kolanovic estimates the trade issues have shaved 10 percent off the S&P 500 this year.
NEW YORK (AP) — Stocks sink again, continuing a dismal streak for markets; Dow Jones Industrial Average drops 500 points.
President Trump has been asking his advisors if they think the tariffs he's levied against China are causing the market's unrest over the past two months. The president has blamed interest rate hikes from the Fed for the turmoil. President Donald Trump has been consulting with his advisors to see if his trade policies are responsible for the volatility that has hammered markets in recent weeks, according to The Wall Street Journal.
After inching upward in early trading, the three major U.S. stock indexes were back in the red on Friday afternoon, hurt by a downbeat jobs report.
11:41 a.m. The Dow Jones Industrial Average looks set on trying to erase yesterday’s reversal following a disappointing payrolls report and more comments on trade with China. The S&P 500 has fallen 1.4% to 2657.46, while the Dow Jones Industrial Average has dropped 390.05 points, or 1.6%, to 24,557.62. The Nasdaq Composite has slumped 1.8% to 7,056.86.
U.S. equity funds saw $3.5 billion in outflows through Wednesday during a wild week on Wall Street. Investors fled to safe-haven government debt as risk-off sentiment took over the markets. U.S. corporate bond funds also took a hit this week, experiencing $1.9 billion of outflows.
Stock futures pared losses after the jobs report and the three major indexes moved higher shortly after the open. "Some of the major fears of economic slowdown (such as) the trade conflict and rising yields are coming back, and one piece of economic data is not enough for markets to bounce," said Michael Antonelli, managing director, institutional sales trading at Robert W. Baird in Milwaukee. At 11:30 a.m. ET the Dow Jones Industrial Average was down 384.22 points, or 1.54 percent, at 24,563.45, the S&P 500 was down 37.78 points, or 1.40 percent, at 2,658.17 and the Nasdaq Composite was down 125.86 points, or 1.75 percent, at 7,062.40.
Wall Street fell 1.5 percent on Friday with a drop in technology stocks sparking a turnaround from earlier in the day, as renewed concerns of the China-U.S. trade situation offset the effect of a jump in oil prices and a tepid U.S. jobs report. The S&P index recorded seven new 52-week highs and nine new lows, while the Nasdaq recorded 11 new highs and 89 new lows.
10:23 a.m. The November jobs report disappointed but whether that’s good news or bad news for the Dow Jones Industrial Average and other stock indexes remains to be seen. The U.S. created just 155,000 jobs in November, well below expectations for 190,000, and it sure looked like bad news would be good news, earlier today, as the Dow erased a 100-point overnight loss to gain nearly 100 points in early trading. The S&P 500 has fallen 0.5% to 2681.37, while the Dow Jones Industrial Average has declined 129.22 points, or 0.5%, to 24,818.45.