|Day's Range||24,584.44 - 24,688.62|
|52 Week Range||19,677.94 - 24,688.62|
March E-mini Dow Jones Industrial Average futures posted a solid gain on Friday as investors shrugged off early concerns about tax reform only to be rewarded later in the session with news that the long-awaited bill to cut corporate tax rates looked like it would win enough support from lawmakers to pass. The intraday surge in the Dow was fueled when Senators Marco Rubio and Bob Corker, who had criticized the proposal, signaled support for the bill in the late afternoon. The E-mini Dow poked through the previous closing price reversal top at 24703, reaching a high of 24708, but the rally stalled there with most of the speculative money moving into the NASDAQ Composite which posted a 1.40% gain.
The Dow Jones Industrial Average climbed to a fresh high Friday as investors bet that a tax-overhaul plan before Congress will pass, likely boosting profits for many U.S. companies.
Thank goodness for tax reform. While Americans are divided about the impact of tax reform, as they are about most things these days, other countries aren’t so conflicted. Most notably, China worries about the effect of the U.S. slashing its corporate tax rate from a statutory 35% currently to 21%, which reportedly was agreed to by House-Senate conferees.
Stocks finished the week at all-time highs as the Republicans in Congress inched closer to passing their tax reform bill. The Nasdaq Composite climbed 1.4% this week after jumped 1.2% to 6936.58 today.
All three main U.S. stock-market benchmarks close at fresh records on Friday and book weekly gains, as investors grow optimistic about the progress of the Republican-led tax cut bill.
All main stock benchmarks closed at records on Friday with the S&P 500 and the Dow Jones Industrial Average extending their weekly winning streak to four as Republicans prepared to outline their final ...
Intel Corp.'s stock surged 3.4% to pace the Dow Jones Industrial Average's gainers, and to bounce back above the widely-watched 50-day moving average line, amid a broad rally in the semiconductor sector. ...
A historic lack of volatility, dominance of the FAANGs, a rally in Mexico stocks, and, of course, the mother of all eye-poppers — Bitcoin’s surge. Here’s a look at how some of the notable calls from our ...
Yesterday's Rubio tantrum looks to have been replaced with optimism that a tax deal gets done, helping to send stocks soaring higher today. The S&P 500 has risen 0.9% to 2676.04 at 1:50 p.m. today, while the Dow Jones Industrial Average has advanced 149.53 points, or 0.6%, to 24,658.19. The Nasdaq Composite has gained 1.1% to 6928.86.
Gold prices end with a modest climb Friday to tally their first weekly gain in a month in the wake of the Federal Reserve’s recent decision to raise interest rates, as expected.
From December 7–14, 2017, the S&P 500 Index (SPY), the S&P Mid-Cap 400 Index (IVOO), and the Dow Jones Industrial Average Index (DIA) had negative correlations with US crude oil futures.
Markets finished lower on Thursday after Senator Marco Rubio stated that he would vote against the Republican Tax Bill if child tax credit is not increased sufficiently.
U.S. stock indexes opened higher Friday as investors shrugged off concerns over potential roadblocks to the tax bill. The Dow and S&P are set to notch their fourth week of gains. The S&P 500 rose 8 points, ...
U.S. stocks rose on Friday as investors awaited the release of a Republican tax bill that would slash corporate taxes.
This morning the S&P and Dow are cruising toward their fourth-straight weekly, while the 2018 outlook game continues apace. Our call of the day focuses on a neglected gadgets maker, rescuing us from all ...
The Empire State manufacturing index fell slightly in December, to a reading of 18 from 19.6 in November, the New York Fed said Friday. Any reading above zero indicates improving conditions, though it’s ...
For a U.S. stock-market investor, the most remarkable thing that happened in 2017 may have been the fact that so little happened, at least from the point of what used to be normal day-to-day fluctuations....
U.S. stock index futures turned around after early session weakness on Friday. At 1143 GMT, the U.S. futures indexes are all pointed higher. Traders may be shaking off concerns about a delay in U.S. reform, or they may be looking forward to today’s economic data.
U.S. retail sales increased more than expected in November, helped by a brisk start to the holiday shopping season. Investors read this as a sign of sustained strength in the economy.