|Day's range||24,721.09 - 24,832.54|
|52-week range||20,406.68 - 26,616.71|
The worst may be over for stocks because the risks of a trade war or an actual war have diminished, writes Howard Gold.
U.S. stock-index futures point to a roughly flat open Thursday, putting the main gauges on track for a second-straight day of muted action. Equities are staying on course for a weekly gain, boosted by ...
The US stock markets initially dipped a bit during the trading session on Wednesday but found enough buying pressure to turn things around and show signs of life again. Because of this, I think that there is a longer-term proclivity to the upside. The longer-term attitude should continue to be driven higher by a lack of trade wars, and of course stronger corporate earnings.
The Australian share market has opened higher after stronger commodities prices lifted BHP, Rio Tinto and shares in other miners. At 1030 AEST, the local currency was worth 77.91 US cents, up from 77.59 US cents on Wednesday.
The major equity indexes barely moved today, as a postearnings drop from International Business Machines (IBM) was canceled out by gains from Textron (TXT), Intuitive Surgical (ISRG), and others. Ultimately, it shows once again that it's as much a market of stocks as it is a stock market. The Dow Jones Industrial Average dropped 38.56 points, or 0.2%, to 24,748.07, while the S&P 500 ticked up 0.1% to 2708.64, and the Nasdaq Composite advanced 0.2% to 7295.24.
On a mixed day for day the major benchmarks, Intuitive Surgical jumped on strong earnings and SunPower announced it is buying a domestic solar panel factory.
Treasury yields rise across the board on Wednesday, and the closely watched narrowing of the premium between short-dated and longer-dated bonds took a breather.
Stocks posted a mixed finish Wednesday, with the Dow Jones Industrial Average unable to overcome a tumble by component IBM as investors looked past better-than-expected earnings. The S&P 500 rose 0.1% ...
New York Fed President William Dudley said Wednesday there "is still some distance to go" before monetary policy gets tight. The Federal Reserve in March lifted its federal funds rate target to between 1.5% and 1.75%. Dudley, who plans to retire this year, said a gradual path of interest rate increases remains appropriate.
Want to know why the Dow Jones Industrial Average is doing what it's doing? 3:02 p.m. We're less than an hour away from the close, and the market is still higher...unless we consider the Dow Jones Industrial Average the market. The S&P 500 has risen 0.3% to 2713.11, while the Dow Jones Industrial Average has declined 14.76 points, or 0.1%, to 24,771.87.
The Fed’s verdict:The Beige Book reported activity remained at “a modest to moderate pace” in March and early April, the same rate as earlier in the year. There were widespread concerns about trade policy. Overall wage growth was said to be modest, and price gains seen as moderate.
The Dow is fighting to stay positive this morning, as International Business Machines (IBM) takes its toll. •...and keep an eye on Johnson & Johnson (JNJ), which is getting sued by the state of Kentucky. Tensions with Iran and Russia, which between them produce about 17% of the world’s oil, probably aren’t hurting either.
The Dow Jones Transportation Average shot up 209 points, or 2.0%, to 10,802 in midday trade Wednesday, fueled by the upbeat earnings reports from components air carrier United Continental Holdings Inc. and railroad operator CSX Corp. . The Dow transports are on track to end the day above the Feb. 26 close of 10,769.84, which was where the the index's recovery initially peaked after the Feb. 9 closing low of 10,136.61. The Dow transports' higher high would come just seven sessions after it closed at a lower low of 10,119.36 on April 9, which in effect triggered a "sell" signal from the century-old Dow Theory of market analysis.
Investing.com – Wall Street was mostly flat on Wednesday as investors digest a flurry of earnings releases.The S&P 500 was up five points or 0.19 % to 2,711.58 as of 9:42 AM ET (13:42 GMT) while the Dow composite increased 11 points or 0.05% to 24,798.22 and tech heavy NASDAQ Composite rose nearly three points or 0.04% to 7,284.02.The latest batch of first quarter earnings results slightly bolstered investor confidence, but optimism was held back by geopolitical tensions.Shares in Morgan Stanley (NYSE:MS) rose 1.86% after the company reported a 40% increase in quarter profit. ...
Based on the early price action, the direction of the Dow into the close is likely to be determined by trader reaction to the Fibonacci level at 24684.
The Dow Jones Industrial Average on Wednesday morning was wrestling with sharp declines in IBM and Johnson & Johnson. Shares of International Business Machines Corp. were off 7.2%, or about $11.50, which equates to a drop of about 80 points, while J&J's stock was contributing a further 24-point retreat in the benchmark, down 2.7%, or about $3.50, in recent action. Overall, the Dow was still managing to rise by about 24 points, or less than 0.1%, at 24,802, with J&J and IBM's tumble slightly offset by gains in Home Depot Inc. Caterpillar Inc. and Boeing Co. 's stocks.
U.S. stock indexes opened modestly higher Wednesday, putting the Dow on track to build on an earnings-driven rally that has taken it back into positive territory for the year. The Dow Jones Industrial ...
Earnings and reports of a meeting between the U.S. and North Korea are helping lift the Dow Jones Industrial Average today. S&P 500 futures have gained 0.4%, while Dow Jones Industrial Average futures have risen 84 points, or 0.3%. Nasdaq Composite futures have risen 0.3%.
The Cboe Volatility Index is a guide to human nature, says a prominent Wall Street bull. Canaccord Genuity analyst Tony Dwyer has characterized the stock market’s early February plunge as a phenomenon known as a “shock drop,” in which a correction is sharp enough to cause the 10-week rate of change in the Cboe Volatility Index (^VIX), or VIX, to spike to 125. The rate of change, or ROC, measures the percent change in price from one period to the next.
Shares of International Business Machines Corp. tumbled 5.7% in premarket trade Wednesday in the wake of a disappointing earnings report, which could be enough to keep the Dow Jones Industrial Average ...
U.S. stock futures pointed to a modest rise at the open Wednesday, putting the Dow on track to build on an earnings-driven rally that has taken it back into positive territory for the year. Investors are getting a fresh round of corporate results for this session, as well as Federal Reserve speeches and the central bank’s Beige Book report. Dow Jones Industrial Average futures (YMM18.CBT)rose by 80 points, or 0.3%, to 24,786, while S&P 500 futures (ESM18.CME)added 9.15 points, or 0.3%, to 2,716.
US Treasuries staged a sell-off on Wednesday, pushing yields to their highest level in four weeks as investors warm to the idea the Federal Reserve could raise interest rates four times in 2018. Equities ...
US stock markets rallied during the trading session on Tuesday, showing signs of strength after breaking above minor resistance barriers. Now that we have done that, we can focus on even larger ones.