NASDAQ Composite (^IXIC)
| Previous Close | 16,156.33 |
| Open | 16,208.50 |
| Volume |
| Day's Range | 16,197.86 - 16,350.08 |
| 52 Week Range | 12,174.06 - 16,538.86 |
| Avg. Volume | 5,183,730,000 |
Yahoo FinanceStock market today: US futures take a breather as Disney earnings land
Results from Disney took center stage as the media giant posted the first profit for a key part of its streaming business.
- Yahoo Finance Video
Stocks close higher around rate cut optimism
The three major stock market indexes (^DJI, ^IXIC, ^GSPC) lead the way for May gains, all closing higher for the third consecutive session (the Dow Jones Industrial Average's fourth green day) since the Federal Reserve's decision to hold interest rates. Market Domination Overtime Host Julie Hyman reports on Monday's market action while Jared Blikre reviews the day's gains across sectors and in Nasdaq 100 (^NDX) tech leaders For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Why markets may turn to the downside amid Q1 earnings
As the first quarter earnings season continues, this week will see the financial performance of companies that will shed light on consumer health. With consumers exhibiting a slowdown in spending, Wells Fargo Investment Institute Senior Global Market Strategist Sameer Samana joins the Morning Brief to discuss what these earnings reports could mean for the markets. Samana suggests that stocks are currently "a little bit above fair value" since they are trading at higher levels, adding that there is an "asymmetric risk to the downside." He identifies Middle East tensions, Federal Reserve uncertainty over interest rates, and economic data as potential risks that could impact market performance moving forward. Samana notes that markets have recently moved "in one direction," with investors seemingly "forgetting what volatility looks like." He cautions that various potential market headwinds could prompt many investors to exit their positions, "leading to episodic volatility." As a result, he believes that the current market conditions could be "as good as it gets." However, Samana advises investors to consider investing in the energy, materials, industrials, and healthcare sectors. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
