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Dow Jones Industrial Average (^DJI)
| Previous close | 39,935.07 |
| Open | 40,140.90 |
| Volume |
| Day's range | 40,140.86 - 40,753.83 |
| 52-week range | 32,327.20 - 41,376.00 |
| Avg. volume | 354,383,064 |
Yahoo Finance VideoWhat retail investors want to know about markets right now
It was a rocky week for stocks, with the Dow Jones Industrial Average being the only of the big three indexes (^DJI,^GSPC, ^IXIC) to post a weekly gain. But retail investors have seemingly shrugged it off, Investopedia Editor-in-Chief Caleb Silver tells Yahoo Finance. Based on Investopedia's sentiment indicators, Silver thinks that, overall, the stock decline may not have lasted long enough for it to really register with individual investors. "Even though we have had these sort of pauses... this rotation is super healthy and I think investors that have been through a couple of cycles know this. They know that market breadth expansion is actually good for the overall health of the bull market," he says. So, what is Investopedia's audience interested in right now? The election, though Silver notes that it's "not necessarily about who wins as much as what kind of chaos can we expect in front of and during that election." He also notes there is interest in debt levels by president, inflation rates by president, and investing in small caps. For more expert insight and the latest market action, click here to watch this full episode of Asking For A Trend. This post was written by Stephanie Mikulich.
Yahoo Finance VideoIPO market to recover over the next year: Expert
Lineage (LINE) debuted on the Nasdaq on Thursday, raising $4.4 billion in its IPO (initial public offering) and making it the largest IPO seen in 2024. With inflation putting pressure on all corners of the economy, the market has seen a dip in IPOs. Citi co-head of equity capital markets for North America Paul Abrahimzadeh joins Market Domination Overtime to discuss the state of the IPO market and its road to recovery. "I think we've had a lot of good data points year to date. IPO volumes up over 100% year over year. That's off a low watermark. When you look at the backdrop with the S&P (^GSPC) up 15% this year after a 40% rise last year, the sixth-best rise in history last year, you've got a lot of factors that are driving issuance," Abrahimzadeh explains. "You've got the market trading within 5% of all-time highs. We're trading at 21 times on the S&P on a forward PE basis [price-to-earnings ratio]. That's a 12% premium to the ten-year trailing average. So there are a lot of reasons why issuers want to bring deals to market." Abrahimzadeh notes that while markets this year have been focused on large-cap growth, "the reality is the aperture is widening" — especially as the Russell 2000 (^RUT) small-cap index has been on the move. He believes that "the private market is starting to thaw" in the post-pandemic period: "The market is showing some green shoots. We're seeing an increase in valuations for sequential rounds. We're seeing less structure in the current period. But the reality is the IPO market's offering excessive demand. There's plenty of demand to get companies public at rich valuations. And deals are generally doing well." Abrahimzadeh notes that 50% of IPO deals year-to-date have priced either at the high end or above their range, and the average day-one performance is up 15%, creating a "very good environment to bring companies public." While the market continues to thaw, Abrahimzadeh also believes "the jewel box is going to open in the next 12 to 18 months." For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Melanie Riehl
Yahoo Finance VideoDow surges by over 650 points to close out week higher
US equities close out Friday's session on a high note. The Dow Jones Industrial Average (^DJI) recaptured 650 points, a 1.6% gain, while the Nasdaq Composite (^IXIC) and S&P 500 (^GSPC) both rise by over 1%. Julie Hyman and Jared Blikre break down gains exhibited by large and small-cap stocks, taking at a look at the day's sector leaders. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
Yahoo Finance VideoJune PCE inflation print, auto earnings: Morning Brief
The Federal Reserve's preferred inflation gauge, the Personal Consumption Expenditures (PCE) index, showed prices rising at its slowest rate in over three years while core PCE data came largely in-line with expectations. Seana Smith and Jared Blikre help investors start the day off right, highlighting the biggest market stories this morning as the three major averages (^DJI, ^IXIC, ^GSPC) digest the June PCE print. Bank of America Securities head of US economics Michael Gapen joins the program to shine a light on how the Fed may be looking at the June PCE data, alongside other recent inflation prints, in terms of its interest rate cut strategy. Bernstein senior analyst Daniel Roeska also sits down with The Morning Brief team to cover the auto industry's earnings performance this week, including Tesla (TSLA) and Stellantis (STLA). Other top trending tickers on the Yahoo Finance platform include the 3M Company (MMM), Deckers Outdoor (DECK), DexCom (DXCM), Norfolk Southern (NSC), and Coursera (COUR). This post was written by Luke Carberry Mogan.
Investor's Business DailyDow Jones Futures: Futures: AI Boom Out Of Steam? We're About To Find Out; Fed Rate Pivot Looms
Apple, Microsoft and other titans report earnings this coming week, with AI in focus. The Fed is expected to signal rate cuts soon.
- Associated Press Finance
How major US stock indexes fared Friday, 7/26/2024
The Dow Jones Industrial Average jumped 1.6%, and the Nasdaq composite climbed 1%. The market's widespread gains included rallies for both Big Tech behemoths and smaller stocks, a departure from much of this month's trading where a divide deepened between the two groups. The Russell 2000 index of small stocks brought its gain for July to more than 10%.
