|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's Range||161.73 - 164.50|
|52 Week Range||133.80 - 175.21|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||N/A|
BlackRock’s (BLK) Larry Fink also shared his views on the bull market in his recent interview with CNBC. He believes in staying invested in the equity market.
On Thursday, April 12, 2018, Larry Fink, the chair and CEO of BlackRock (BLK), shared his view on market movement and volatility in an interview with CNBC.
Following a strong performance last week, the S&P 500 started this week with strong sentiment and advanced in the first three trading days. However, the S&P 500 opened lower on April 19 and declined as the day progressed. Nine out of 11 major S&P 500 sectors declined on Thursday. Weakness in the consumer staples, real estate, and IT sectors weighed on the market. Strength in the financials sector limited the market losses.
What to play in the background while you trade derivatives contracts -- a short playlist of recommendations.
In the previous part of this series, we saw that Morgan Stanley (MS) thinks the bull market will end soon. It said the present bull market has already priced in the market movement and there is nothing else that will strengthen it. The most important factor investors should watch in the present scenario is earnings growth, which plays a major role in market movement.
Globally, politicians’ economic policies tend to impact equity markets. Looking at a few examples, Indian equity markets rallied in 2014 after Narendra Modi stormed to power. In the US, President Trump’s reform agenda helped buoy investor sentiments and markets rose sharply after his election in 2016.
On Tuesday, April 17, 2018, leading investment firm Morgan Stanley (MS) shared its views on the bull market in a research report. According to the report, the positive impact of the fiscal policy has already been priced into the market movement and won’t add more value to any future movement. The bull market has been mainly driven by the expectation of a huge tax reform and improved government spending.
After regaining strength last week, the S&P 500 started this week on a stronger note and gained in the first two trading days. Carrying forward the strength, the S&P 500 opened higher on April 18 and closed the day at four-week high price levels. Five out of 11 major S&P 500 sectors closed higher on Wednesday. Strength in the energy and industrials sectors pushed the market higher. On the other hand, weakness in the consumer staples and telecom services sectors limited the market gains.
Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, recently shared his views on the current trade war talk and the rising concern about other geopolitical tensions in a LinkedIn blog post. Ray Dalio said, “Donald Trump threatening to raise the stakes by $100 billion and the Chinese promptly indicating that they will match the moves dollar for dollar and step by step took me and people closer than me to the negotiations by surprise.
Taiwan Semiconductor (TSM) missed and warned today. They lowered 2Q revenue guidance to $7.8-$7.9 billion. The street was at $8.82 billion. They blamed it on smart phone slowing. Mizuho securities also warned today that Apple’s (AAPL) forward guide would have to come down as well.
Juniper Networks’ (JNPR) revenue fell 11% YoY (year-over-year) in 4Q17, primarily due to weakness in the company’s routing business and cloud vertical. Juniper has attributed this weakness to a shift to scale-out from scale-up architecture among cloud customers. Lower demand from cloud customers has meant that Juniper stock has fallen ~11% since October 2017, when the company announced its preliminary 3Q17 results, which were lower than analyst estimates.
The Technology Select Sector SPDR Fund (NYSEArca: XLK), the largest tech-related ETF, is up more than 5% over the past week and technology remains one of the best-performing sectors this year, but data ...
Nokia (NOK) has returned 7.5% in the last 12 months, -2.1% in the last month, and 3.7% in the last five days. Nokia stock fell 28% in 2016 and was flat in 2017. Since the start of 2018, it’s risen over 20%. The SPDR S&P 500 ETF (SPY) and the PowerShares QQQ Trust, Series 1 ETF (QQQ) have generated returns of 0.2% and 4.4%, respectively, since January 2018. Analysts’ recommendations and price targets
Regardless of where you are in life, it's always important to step back and plan what you want to do with your time and your money.
According to data provided by the United States Census Bureau, US retail sales rose 0.6% in March as compared to a fall of 0.1% in February 2018. The rise met the market expectations of a 0.4% rise. The retail sales improved for the first time in March 2018 after three consecutive falls.
How Will March Inflation and Retail Sales Data Affect Markets? According to data provided by the U.S. Bureau of Labor Statistics, the US consumer price index, or the inflation index, fell 0.1% in March 2018 as compared to a 0.2% rise in February 2018. This inflation figure didn’t meet the market expectation of a 0.1% rise.
Last week saw the release of US inflation and US retail sales data. These two metrics are important indicators of the health of the US economy. Many policymakers and market participants use these indicators to analyze consumer behavior.
The mixed market sentiment and optimism about earnings season helped the S&P 500 regain strength last week. With the improved sentiment, the S&P 500 started this week on a stable note by closing higher on Monday. All 11 major S&P 500 sectors closed higher on April 16.
There are some reports that the US could press for more sanctions on Russia this week, which could increase the volatility in global indexes. Apart from geopolitical issues, President Trump’s legal issues and China’s trade issues could also keep investors away from the markets. Markets are hoping for a solid earnings season, which kicked off last week.
Yahoo Finance's Jared Blikre joins Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves.
Yahoo Finance's Jared Blikre and Alexis Christoforous break down the latest market action after the latest bulge bracket bank reports first quarter earnings.
Yahoo Finance's Jared Blikre and Alexis Christoforous break down the latest market action.