|Day's range||7,979.67 - 8,057.26|
|52-week range||6,343.96 - 8,133.30|
Stocks are humming along after the S&P 500 and the Dow Jones Industrial Average indexes hit new closing highs Thursday. President Donald Trump’s thumbs might have pushed up crude oil prices to $80, but they won’t keep them there. Berkshire Hathaway and pot stocks have one thing in common—momentum, but only one of them still looks underpriced.
STOCKSTOWATCHTODAY BLOG Want to know why the Dow Jones Industrial Average is doing what it’s doing? Check back here for a semi-live look at the volatile markets from Barron’s reporters. 7:20 a.m. It’s a quiet Friday morning, with stocks seeking direction on a day light on news.
There aren’t major headlines but that hasn’t stunted either index. The surge comes ahead of potential volatility Friday.
The three major stock market indexes ??? the Dow 30, S&P 500 and Nasdaq Composite ??? are at present within the striking distance to achieve their all-time high level.
Yahoo Finance convenes an all-star lineup with some of the best minds in business and beyond for this year's All Markets Summit: A World of Change.
The S&P 500 is one more breakout away from erasing a previous bearish trading pattern. The Dow Jones Industrial Average rallies on.
The Trump administration announced on Monday, September 17, that it will be expanding tariffs to $200 billion worth of Chinese goods. The trade war is becoming more dangerous for Apple (AAPL). Trump’s tariffs threaten some of the tech giant’s gadget sales domestically, and the threat could worsen as Beijing weighs revenge measures that could target iPhone production in China.
BAML (Bank of America Merrill Lynch) conducted a survey that polled 244 global investors with $742 billion in total assets under management from September 7–13. The divergence theme in equity markets was quite evident in the allocations in September. The equity allocations to emerging markets (EEM) fell to 10% underweight in September compared to 1% underweight in August.
Shares of online streaming giant Netflix (NFLX) rose 5% on September 18. The stock is currently trading at $367.65, 108% above its 52-week low of $176.55 and 13% below its 52-week high of $423.21.
Stocks seem ready for a relatively quiet day, with major indexes drifting slightly lower ahead of the open as trade remains the main investor focus.