30.92 +0.02 (0.06%)
After hours: 4:15PM EDT
|Bid||30.91 x 800|
|Ask||30.93 x 900|
|Day's Range||30.54 - 31.14|
|52 Week Range||22.07 - 33.05|
|PE Ratio (TTM)||17.92|
|Forward Dividend & Yield||0.48 (1.57%)|
|1y Target Est||N/A|
Yahoo Finance's Seana Smith and Jared Blikre discuss the market's reaction to Trump's comments on ZTE and North Korea, as well as the other big headlines of the day.
Jonathan Corpina, Senior Managing Partner at Meridian Equity Partners, joins Yahoo Finance's Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves.
As shares of General Electric Company (NYSE:GE) have plunged, the calls for a breakup have grown louder. Bulls see the true value of GE stock as clouded by issues at GE Capital and weakness in divisions such as Lighting and Transportation. With two still-growing businesses — Aviation and Healthcare — plus a 62.5% stake in Baker Hughes a GE Co (NYSE:BHGE), optimists argue there has to be some value in General Electric stock, particularly after a 50%-plus decline from 2016 highs.
U.S. stock futures are trading higher once again this morning. Wall Street continues to ride high off optimism from easing U.S./China trade tensions. What’s more, easing Treasury yields and a weakening dollar are also providing lift for stocks this morning.
Apple Inc. ( AAPL) has developed a reputation as a stalwart among the tech titans. According to Newsmax, the massive sell-off of Apple stock during Q1 of 2018 was the largest movement of its kind since at least the first quarter of 2008, when Bloomberg began to track this type of data. Apple surpassed all other companies in the S&P 500 for total shares sold during that time period.
Bank of America Corp. is rolling out its virtual financial assistant Erica to all of its 25 million mobile customers over the next few weeks.
When volatility picks up, investors flock to safety. It’s not a recent investment thesis or one derived from algorithmic trading. It’s a long-time reaction that’s generally driven by human psychology. As fears rise, investors first seek cash and then look for safe high-yield investments.