|Day's range||2,725.11 - 2,754.42|
|52-week range||2,322.25 - 2,872.87|
Some Reddit users find alcohol loosens their inhibitions enough to finally check their online accounts.
Your stocks to watch: Five names with high relative strength lines: Netflix, Ferrari, Adobe, AbbVie and Weight Watchers. Strong in the correction, booming now.
After the markets rebound from the return of volatility here are the main talking points ahead of a new trading week. What’s driving the weakening US dollar? The current puzzle for investors is a weak ...
U.S. housing starts jump 9.7% in January and building permits reach a hit 10 1/2-year high, reflecting a vibrant real estate scene that shows no sign of slacking off against the backdrop of the strongest ...
This month's sell-off for stocks marked the first big test of investors' mettle in years. And many ended up doing exactly what the experts were recommending: hold steady. Even as stock markets tumbled ...
Ex-chairman of the Securities and Exchange Commission Harvey Pitt had an unfavorable take on the current state of the stock market, which has seen average investors crushed by short-volatility products ...
The U.S. stock market on Friday posted one of its best weekly performances in years, recapturing half of the losses from the market correction earlier this month and discovered a new wall of worry to climb....
Facebook's stock hasn't made headway vs. the S&P 500 index for months and lagged this week, stuck below its 50-day. Apple showed similar action until 2 weeks ago.
The S&P 500 had a very strong week, wiping out almost all the losses that happened last week. At this point, it looks as if the S&P 500 is ready to go much higher, perhaps reaching towards the 2900 level, possibly even higher than that.
Real estate investment trusts, or REITs, are best viewed as stock/bond hybrids, since their valuations are sensitive to both interest rates and the economy. REIT shares badly trailed the Standard & Poor’s 500 index in the past year as the bond market fell, lifting the yield on the 10-year Treasury to 2.9% from 2.5%. As a result, REITs now could be flashing one of their strongest buy signals in years.
With the recent passage of the tax bill, stock buybacks and dividends are flowing like never before, and they make tech stocks more and more competitive with other sectors for income investors. The latest announcements of buybacks and dividends by networking giant Cisco Systems (CSCO), chip-equipment stalwart Applied Materials (AMAT) and its competitor, KLA-Tencor (KLAC), helped to power the Nasdaq Composite up 5.3% for the week, topping the roughly 4% return of the Dow Jones Industrial Average and the Standard & Poor’s 500 index. There’s some debate over whether the Nasdaq is as “tech-heavy” as classically described, but it’s where Apple (AAPL) is listed, which is enough to call it the tech index.
For 44 years, the Atlanta–based firm of Bowen Hanes has overseen the Tampa Fire and Police Pension fund, first under Harold J. Bowen Jr. (who died earlier this year at age 87), and then, after 2000, under Harold J. Bowen III, who goes by “Jay.” Typically, the manager of a $2 billion local Florida pension fund wouldn’t catch our eye, but its performance is extraordinary—so much so that it has prompted some healthy skepticism. Under Bowen, the Tampa pension has consistently performed in the top quartile of its peers, returning 21% in 2017, 8.6% for the three years ending in 2017, 10.8% for five years, 6.9% for 10, and 11.5% for 35 years, according to Wilshire Trust. True, that lags behind the Standard & Poor’s 500 index, but the pension fund’s returns include a 25% stake in cash and bonds.
The S&P 500 gained 4.3% this week after ticking up 1.02 points to 2732.22 today, while the Dow Jones Industrial Average climbed 1028.48 points, or 4.3%, this week after advancing 19.01 points, or 0.1%, to 25,219.38 today. The Dow and the S&P 500 have both rallied for six consecutive days. Of course, the Dow had been up as much as 232 points, or 0.9%, today, before giving it all back and then some, and rallying back to flat.
Facebook, Amazon and Alphabet are the kind of companies with strong growth potential that Fidelity's Will Danoff And John Roth favor.
Stocks closed out their best week in years with small gains. Deere & Company reported strong demand, and Arista Networks beat expectations but gave an outlook for slowing growth.
The Dow and S&P 500 on Friday log their sixth straight advance, notching a slight gain at the close, with the benchmarks ending well off session highs as political news sparked late-session turbulence....
NEW YORK (AP) — Stocks powered higher for the sixth day in a row Friday as the market wrapped up its best week in five years. Investors fled the market early this month, but they've recovered most of those losses as a combination of lower prices and rising company profits have them buying stocks again.