|Day's range||7,778.12 - 7,819.21|
|52-week range||6,190.17 - 8,176.08|
THE TRADER Bad news poured down this past week, yet the market kept on dancing in the rain. There was bad geopolitical news as the U.S. blamed Iran for attacking two tankers carrying petroleum products.
Investors are sitting tight as events in the next two weeks could move the market. The Federal Reserve is meeting next week amid expectations of an interest rate cut.
Safe havens such as Treasuries and gold were back in favor on June 14 as stocks fell due to rising tensions in the Middle East, concerns over growth, and the looming threat of the US-China trade war. The tech-heavy Nasdaq Composite Index fell 0.67% in the first hour of trading.
Investors are nervously eying increased Middle East tensions following recent oil tanker attacks. China delivered weaker economic data, while in the U.S. the latest retail sales report was a bit of a mixed bag.
The market’s preference for stasis is on display, as the Dow Jones Industrial Average dipped only slightly despite a wave of news that should have it moving one way or the other.
Chip maker Broadcom has lowered its full-year sales guidance by billions, surprising Wall Street semiconductor analysts and sending the stock tumbling.
Investors seem eager to insure themselves against geopolitical tensions that have flared up in the Middle East and Hong Kong this week, with gold vaulting.
The U.S. stock market was poised to open modestly lower on Friday, as upbeat news about retail sales offset signs of economic weakness in China and a downbeat forecast from a big semiconductor company.
Retail sales grew by 0.5% in May, below forecasts for 0.6%. April’s retail sales, however, were revised up to 0.3%, from a decline of 0.2%.
Stocks looks set for a lower open, with the Nasdaq taking the biggest hit following Broadcom’s earnings. Keep an eye on U.S. retail sales data.
Twitter will fall significantly because of its slowing growth rate later this year, according to MoffettNathanson.
Stocks were poised to open higher, supported by a rise in oil prices and continued optimism about an interest-rate cute by the Federal Reserve.
The Dow Jones Industrial Average looked set for a higher open, but it was oil prices in focus after two tankers caught fire off the Iranian coast, the result of possible attacks.
The three main U.S. stock indexes closed slightly in the red on Wednesday. Energy stocks were worst-performing sector, dragged down by slumping oil prices, while utilities rose as uncertainties drove investors to safer corners.
Advanced Micro Devices stock will continue to gain share in the semiconductor market and should maintain its “microprocessor momentum,” according to Nomura Instinet.
6:11 a.m. One day after its five-day winning streak ended with a whimper, the Dow Jones Industrial Average looks set to decline again. Dow futures have fallen 94 points, or 0.4%, while S&P 500 futures have declined 0.4%, and Nasdaq Composite futures have dropped 0.6%. The Dow was well on its way to another 100-point gain on Tuesday, until suddenly it wasn’t.
The three main U.S. stock-market indexes ended with slight losses on Tuesday after giving up gains. Investors across the globe had been cheered by news of fresh moves from Beijing to support the Chinese economy, despite President Donald Trump’s latest attack on the Fed.
U.S. stocks look to continue their push higher—extending gains into a 7th session—helped by news that China is offering more stimulus to boost its economy.
There’s nothing happening—no news on negotiations with China, no meaningful economic surprises, no big earnings reports—and yet the market is heading higher.
Investing.com - U.S. stocks looked set to extend their recent climb on Tuesday, with the S&P; 500 charging back towards its all-time high, as hopes that the Federal Reserve will cut interest rates as early as next month boosted sentiment.
All three major indexes closed well off their highs of the day amid concerns about China and whether tariffs on Mexico could still be imposed.
The Latest on Amazon, Microsoft, Twilio, and MoreNasdaq Composite Index has been on a roller coasterAfter the Nasdaq Composite Index slipped into correction territory in May, tech stocks made an abrupt reversal in June. The tech-laden index jumped