|Day's Range||4.6600 - 4.7100|
It's time to get technical at the YFi Interactive touch screen. Joining Yahoo Finance's Jen Rogers is Jared Blikre to break down the recent surge in gold and cryptocurrencies, including bitcoin, litecoin and ethereum.
The CME Group launched micro e-mini contracts for the S&P 500, Russell 2000, Dow Jones 30 and Nasdaq100 indices at a much lower cost than the existing e-mini futures.
Corporate zombies, that is. Kept alive by easy-money policies, companies that should have gone out of business keep staggering around.
Last week, the US Federal Reserve in its press release indicated that it's amenable to easing if the situation so warrants. The S&P 500 (SPY), which had already been on an uptrend this month, rose to a record high. But would a rate cut help revive the economy?
Trump has been quite vocal in asking the Fed for rate cuts. While the Fed kept the interest rates unchanged on June 19, it has signaled easing ahead if the conditions so warrant. According to the CME FedWatch tool, traders are now pricing in a 100% chance of a rate cut in July.
Last week, the S&P 500 (SPY) rose to a record high. Last week, Trump tweeted, “Since Election Day 2016, Stocks up almost 50%, Stocks gained 9.2 Trillion Dollars in value, and more than 5,000,000 new jobs added to the Economy.”
Last week was quite remarkable for US markets, as the S&P 500 (SPY) reached record highs. There were some key developments last week that helped make the feat possible. Donald Trump tweeted after a telephone conversation with Chinese President Xi Jinping that the two leaders would be meeting at the G20 Summit.
Warren Buffett’s performance versus the S&P 500 (SPY) is incredible if we look at their aggregate performances over the last five decades. However, the legendary investor has been underperforming the S&P 500 by a wide margin this year.
US President Donald Trump is reportedly considering imposing a requirement that 5G equipment used in the United States must be manufactured outside China. Just last month, Trump barred Huawei from doing business with US companies without prior approval.
Last week, US crude oil August futures rose 8.8%—the highest weekly gain for active US crude oil futures since December 2, 2016. US crude oil August futures closed at $57.43 per barrel on June 21.
Initial jobless claims fell 6,000 to 216,000 for the week ended June 15, which was below the 220,000 claims that economists had expected. This weekly decrease showed that the labor market still appears healthy overall.
Here's a look at Koch Industries and the owners, brothers Charles and David, that make up the second-richest family in America.
This was one of the most significant weeks for cannabis in recent history, as the U.S. House of Representatives voted in favor of an amendment that would stop the federal government and its agencies from interfering with legal cannabis programs, individuals and businesses in compliance with state, territorial or tribal cannabis laws. “Meanwhile, the cannabis industry isn’t waiting for regulators to catch up,” as proven by investments exceeding $1.3 billion through the first half of the year, Eneman said.
Choosing the right indicators can be a daunting task for novice traders. It’s a much easier process when they focus their effects into five categories.
U.S. markets and stock exchange traded funds continued to strengthen, with major benchmarks breaking into new highs, on hopes of renewed trade talks between Washington and Beijing after U.S. Vice President ...
Gold is outperforming stocks even when stock markets are making highs. The SPDR Gold Shares (GLD) has gained 8.7% in the last one month, and the VanEck Vectors Gold Miners ETF (GDX) has amplified that return by rising 21.1% in the same period.
Leon Cooperman, a billionaire investor and Omega Advisors' chairman and CEO, talked to CNBC on June 20. Cooperman provided his take on the current stock market scenario.
If you’re looking to invest in S&P 500 stocks, but don’t have the temperament to properly comb through the financial fundamentals of 500 individual companies, an S&P 500 Index can help you gain exposure to those stocks—without the grueling analysis. The S&P 500 Index tracks the largest and most powerful companies in the United States. The constituent stocks are curated by the S&P Index Committee, which selects companies based on a host of factors, including market cap, liquidity, and sector allocation.
....On Monday they shot down an unmanned drone flying in International Waters. The New York Times cited senior officials who said Trump approved attacks on multiple Iranian radar and missile batteries, showing a willingness to engage Iran militarily. Hawks in the administration have been pushing for a strong reaction to Iran for its actions on Thursday, when it shot down the drone.
On the heels of another robust trading day -- bringing the S&P 500 index to all-time highs, as well as striking distance of 3000 points -- we're seeing a slight pullback this morning in the pre-markets.
In the trailing week, the Energy Select Sector SPDR ETF (XLE) rose 3.7%—the largest among SPDR ETFs. The rise in oil prices might have boosted XLE.