|Day's range||25,785.66 - 25,924.77|
|52-week range||21,712.53 - 26,951.81|
U.S. stocks opened higher to kick off the week.
All three major indexes closed in positive territory, despite reports that a meeting between President Donald Trump and Chinese President Xi Jinping may not happen until June. Investors are feeling relatively upbeat as they await news from global central banks this week, including the Federal Reserve on Wednesday. The Dow Jones Industrial Average rose 65.23 points, or 0.3%, to 25,914.1, while the S&P 500 ticked up 10.46 points, or 0.4%, to 2,832.94 and the Nasdaq Composite added 25.95 points, or 0.3%, to 7,714.48.
The conglomerate announced it is consolidating into four divisions from five. The move could make it easier to sell or spin off a division in the future. That would be something investors could get excited about.
Despite numerous warnings of the mounting dangers to U.S. government bonds, yields keep falling and prices keep rising.
Investing.com – The S&P; 500 closed higher Monday as gains in energy and consumer discretionary stocks helped offset falls in shares of Boeing and Facebook.
The market has been on fire since it bottomed on Dec. 24, but comparisons to one of the worst declines of the Great Depression appear to be wishful thinking.
Investors were still feeling relatively upbeat as they await news from central banks this week, including the Federal Reserve on Wednesday.
You Really Want To Be Buying Apple Now?Great company, lots of cash, blah, blah…We know this. I use Apple all day every day, BUT, and you knew there would be a but. Right now? You want to buy Apple now? Sure it is outperforming the Nasdaq
FEATURE Mixed Monday. Stocks look undecided to start the week, with Dow Jones Industrial Average futures down 0.2%, S&P 500 futures up 0.1%, and the Nasdaq Composite roughly flat ahead of the open. ...
The Dow fell 26 points or 0.10% as of 9:43 AM ET (13:43 GMT). Boeing slumped 2.6% on news that data from the Ethiopian Air jet that crashed earlier this month suggests similarities with an earlier crash off Indonesia. The news was compounded by reports of federal prosecutors and the Department of Transportation looking into the development of the 737 MAX, the plane involved in both crashes.
The week begins with the June E-mini Dow Jones Industrial Average futures contract on the bullish side of the contract’s retracement zone and a steep uptrending Gann angle, moving up at a rate of 256 points per week from the late December bottom. This is helping to generate the longer-term upside momentum.
The Pound was the leader of the pack, with a vote against a no-deal departure and a Brexit extension providing much-needed support.
The Dow Jones Industrial Average added 0.54% to close at 25,848.87. The S&P 500 rose 0.50% to end at 2822.43, and the Nasdaq Composite gained 0.76% to close at 7688.53.