|Day's range||2,799.77 - 2,812.05|
|52-week range||2,417.35 - 2,872.87|
Investing.com – Asian markets were mostly lower in morning trade on Friday as U.S. President Donald Trump criticised the Federal Reserve for raising interest rates.
Asian markets wobbled Friday on signs that China and the U.S. were preparing to impose more tariffs on each other's products. KEEPING SCORE: Japan's Nikkei 225 lost 0.5 percent to 22,652.42 and South Korea's ...
The Dow Jones Industrial Average ended its five-day winning streak with a 100-point-plus drop. •...and explain why eBay (EBAY) fell to the bottom of the S&P 500. President Donald Trump said he's not happy with the Federal Reserve raising rates.
These are today's winners and losers from the S&P 500. More from Bloomberg.comTrump Invited Putin to Washington for Fall Summit, Sanders SaysA China Borrower’s $11 Billion Debt Mountain Comes Crashing DownPutin Tells Diplomats He Made Trump a New Offer on Ukraine at Their SummitRead S&P 500 Winners and Losers for 07/19 on bloomberg.
Microsoft Corp. on Thursday reported quarterly profit of $8.9 billion, boosted in part by its efforts to rival Amazon as a key cloud computing provider for retailers and other businesses. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of $1.07 per share. The company's fastest-growing segment was what it calls the "intelligent cloud," which includes server products and its Azure cloud computing platform.
Banks and other large U.S. stocks fell Thursday, but smaller companies climbed, which made for a mixed finish on Wall Street. Representatives of the auto industry addressed Congress and spoke out against ...
The McLean, Virginia-based company said it had net income of $3.71 per share. Earnings, adjusted for non-recurring gains, were $3.22 per share. The results exceeded Wall Street expectations. The average ...
President Donald Trump has made betting on a stronger dollar perhaps the riskiest trade in global markets. The Bloomberg Dollar Spot Index was pushing toward its highest level since last July on Thursday until Trump told CNBC in an interview that “our currency is going up, and I have to tell you it puts us at a disadvantage.” The dollar gauge promptly erased a gain of as much as 0.63 percent before ending the day a bit higher. In April 2017, Trump told the Wall Street Journal that “I think our dollar is getting too strong, and partially that’s my fault because people have confidence in me.” Then in January, Treasury Secretary Steven Mnuchin said a weaker dollar was good for U.S. trade.
The stock market closed lower Thursday, but small caps and a handful of sectors bucked the selling. Meanwhile, Netflix continued to struggle and finished the day below its 50-day moving average.
Union Pacific Corp. hauled in 29 percent more second-quarter profit as the railroad handled 4 percent more shipments, but the results might have been better if not for some operational challenges. The Omaha, Nebraska-based company said Thursday it earned $1.51 billion net income, or $1.98 per share. The results exceeded the $1.94 per share that the analysts surveyed by Zacks Investment Research expected.
It looks like the decade-long bull market in U.S. stocks has more room to run, albeit with less vigor. The caveat is that “returns, while positive and indicative of a bull market, will likely not be as high or impressive as in the past,” global market strategist Samantha Azzarello said in an email Thursday. The benchmark for U.S. equities has risen more than fourfold since March 2009.
The technology sector has been a winning investment in the past five years. The iShares U.S. Technology ETF is on track to extend that streak.
Whiting Petroleum (WLL) stock has been increasing since the beginning of this year. The stock has risen ~82.93% since the beginning of 2018 and 144% on a year-over-year basis.
Want to know why the Dow Jones Industrial Average is doing what it's doing? In an interview with CNBC, President Donald Trump said that he's "not thrilled" about rising rates. Trump's comments didn't have much impact on the stock market—the S&P 500 has declined 0.3% to 2806.95, while the Dow Jones Industrial Average has dropped 106.36 points, or 0.4%, to 25,092.93, and the Nasdaq Composite has fallen 0.3% to 7832.28.
The S&P 500 rose ~0.2% to 2,815.62 yesterday, its highest closing since February 1, supported by US banking stocks’ better-then-expected second-quarter results. Five out of the S&P 500’s 11 key sectors advanced yesterday. Meanwhile, the SPDR S&P 500 ETF (SPY) rose ~0.2% to $281.06 yesterday, and E-Mini S&P 500 futures fell 0.04% in early morning trading today.
Blame it on the strong dollar—public-company enemy No. 1 this earnings season. •...wonder if the S&P 500 has enough juice to hit a new high this summer; •....stare agog at Danaher (DHR) shares. The Dow has been dinged. Meanwhile the S&P has fallen 0.3% to 2807.24 and the Nasdaq Composite has declined 0.3% to 7833.28.
Investing.com – Wall Street was lower on Thursday as trade tensions resurfaced.The S&P 500 lost six points or 0.21% to 2,809.58 as of 9:42 AM ET (13:42 GMT) while the Dow decreased 57 points or 0.23% to 25,141.37 and tech heavy NASDAQ Composite was down 10 points or 0.13% to 7,844.27.Trade tensions continued after China said the White House was wrong to blame Chinese President Xi Jinping for blocking progress on a trade deal. White House trade adviser Peter Navarro told CNBC that the U.S. President Donald Trump's trade strategy is not as disruptive as many describe. ...
After losing ~30.0% of its value between 2015 and 2016, VF Corporation’s (VFC) stock price rose 40.0% during 2017. Through July 17, VF Corporation stock has gained ~20.0% YTD (year-to-date).
Now, the U.S. president’s tweets about upending cross-border commerce occasionally sow discontent among world leaders -- but for traders, they only matter if you’re speculating on soybeans. “Virtually every week markets have to digest more hawkish trade rhetoric from U.S. administration officials and the President’s Twitter account,” Goldman Sachs strategists James Weldon and Charles Himmelberg wrote in a note Thursday.
Blackstone's quarterly economic income rose sharply, and it's raising its payout. But as Fred Katayama reports, its quarterly distributable earnings dropped.