^GSPC - S&P 500
| Previous Close | 2,822.24 |
| Open | 2,832.41 |
| Volume | 1,601,399,137 |
| Day's Range | 2,820.19 - 2,841.36 |
| 52 Week Range | 2,346.58 - 2,954.13 |
| Avg. Volume | 3,520,550,952 |
- Barrons.com•3 hours ago
Which Stock Markets Are Closed for Memorial Day
The New York Stock Exchange, Nasdaq, and bond markets will be closed on Monday, May 27, as the U.S. observes Memorial Day and commemorates the men and women who lost their lives serving in the military. The markets are open the Friday before the federal holiday, but the Dow Jones Industrial Average, the S&P 500, and the Nasdaq Composite will be at standstills on Monday. The Nasdaq has added 15%.
- Motley Fool•19 hours ago
Uber and Lyft Stocks Drive in Different Directions This Week
The two ridesharing leaders beat the market for a second consecutive week, but only one of them moved higher.
- CNBC•yesterday
The stock market would be much lower if it weren't for companies buying back their own shares
Data compiled by Ned Davis Research shows the S&P 500 would be 19% lower between 2011 and the first quarter of 2019 without buybacks. The other options for companies to deal with that cash — holding it, reinvestments and dividends — would have also led to lower returns. "Without focusing too much on numbers, we can say that the S&P 500 index would probably be lower today if not for buybacks versus other uses of cash," says Ed Clissold, chief U.S. strategist at Ned Davis Research.
- Barrons.com•yesterday
Tariffs Raise the Price of a Beer? Say It Ain’t So!
“The Section 232 aluminum tariffs are a $350 million annual tax on beer,” Beer Institute President Jim McGreevy tells Barron’s. “That’s a drag on beer that wine and other spirits don’t have. McGreevy is referring to Section 232 of the Trade Expansion Act of 1962, which says a U.S. president can impose tariffs on foreign goods in the interest of national security. President Donald Trump imposed tariffs on imported steel and aluminum in March 2018, leading to a 35% increase in the price of aluminum shortly thereafter.
- Bloomberg•yesterday
Funds That Saved Stocks in December Seen Coming to Rescue Again
U.S. pension funds that rebalance their holdings on a monthly basis will need to buy more than $7 billion of American shares to return to prior asset-allocation levels following the latest market rout, according to estimates from Credit Suisse Group AG. The benchmark index has declined 4.1% this month, trailing a 0.9% gain in the Bloomberg Barclays U.S. Aggregate Bond Index. With U.S. stock exchanges closed Monday for Memorial Day, the market may be susceptible to a bigger-than-expected impact as funds try to settle trades in a holiday shortened week amid thin liquidity, according to JPMorgan.
- FX Empire•yesterday
US Stock Market: Trade Talk Woes Neutralized, Growth Worries Rise to Forefront
The easiest headline to write last week was in the neighborhood of “Market Down on U.S.-China Trade Relations”. That may have been true per se, but the biggest reaction by stock market investors was to weaker-than-expected U.S. economic data.
- Investing.com•yesterday
3 Things Under the Radar This Week
Investing.com - Here’s a look at three things that were under the radar this past week.
- Barrons.com•yesterday
The Annuity Trap That Teachers Need to Avoid
Annuities have their place—but not in young teachers’ retirement accounts. These advisors are trying to fix a broken system that puts teachers at a big disadvantage.
- Barrons.com•2 days ago
Existing-Home Sales Look Set to Perk Up
Favorable mortgage rates, consumer purchasing muscle, and stocks that love to rebound suggest a nearly irrepressible U.S. economy.
- Barrons.com•2 days ago
The Dow Rose 95 Points Because Trump Says Huawei Could Be Part of the Trade Deal
The Dow Jones Industrial Average jumped 95.22 points, or 0.37%, to close at 25,585.69. The S&P 500 added 3.82 points, or 0.14%, to end at 2826.06, and the Nasdaq Composite gained 8.73 points, or 0.11%, to close at 7637.01.
- FX Empire•2 days ago
US Stock Market Overview – Stocks Rise Led by Financials – Semis Weigh on the Tech Sector
Durable goods orders were softer than expected
- Motley Fool•2 days ago
What Happened in the Stock Market Today
Splunk fell despite beating expectations, while Intuit rose after a strong tax season and an improved forecast for the year.
Reuters•2 days agoGlobal stocks climb on muted trade hopes, dollar slips
World equity markets rebounded on Friday from the previous day's sharp fall, after U.S. President Donald Trump said complaints against China's Huawei Technologies Co Ltd might be resolved within the framework of a Sino-U.S. trade deal. Tensions remained high, with China accusing U.S. Secretary of State Mike Pompeo of fabricating rumors after he said Huawei's chief executive was lying about the telecom network gear maker's ties to the Chinese government.
- Bloomberg•2 days ago
U.S. Stocks Eke Out Gain as Tumultuous Week Ends: Markets Wrap
U.S. stocks rose Friday on thin volume before the holiday weekend, but the gains weren’t enough to compensate for a week of market turmoil stoked by trade tensions. The S&P 500 Index put in its third straight weekly decline as concerns mount that the trade dispute between the U.S. and China could cripple global growth, with disappointing American factory data Thursday hinting at the fragility of the expansion.
Reuters•2 days agoTSX rises 0.40 percent to 16,230.04
The Toronto Stock Exchange's S&P/TSX rose 65.43 points, or 0.40 percent, to 16,230.04. Leading the index were Aphria Inc, up 14.6 percent, Canfor Corp, up 5.1 percent, and New Gold Inc, higher by 4.7 ...
- Bloomberg•2 days ago
Markets Show They're Finally Waking Up to Global Wall of Worry
President Donald Trump lit the touchpaper days before, signing an order effectively curbing Huawei Technologies Co.’s access to the American market. The move against Huawei -- a metaphorical hand grenade in the heart of global tech -- has forced market participants to ditch the rose-tinted glasses. “The market needed an excuse to correct and the trade-war headlines were the trigger, but the underlying weakness is much more complex than that,” said Alberto Tocchio, the chief of Heron Asset Management, a Switzerland-based family office with 2.5 billion Swiss francs ($2.5 billion) under management.
Bloomberg•2 days agoOil Slumps to Worst Weekly Loss of Year as Trade Fears Linger
Futures in New York rebounded somewhat on Friday but still ended the week down 6.6%, the biggest decline since late December, after days of escalating rhetoric between China and the U.S. Chinese envoy Cui Tiankai said the Asian nation was committed to striking a deal on Friday but said it’s ready to apply countermeasures to American sanctions. Oil plunged 5.7% in New York on Thursday as investors fled riskier assets following the White House’s blacklisting of Huawei Technologies Co. and several Chinese surveillance companies, moves that have been met with defiance by Beijing. A report showing U.S. crude explorers cut drilling activity last week may have eased concern over growing oil supplies, said Ashley Petersen, an oil analyst at Stratas Advisors LLC in New York.
- CNBC•2 days ago
Buy these 2 stocks that pay you more than the 10-year yield, says expert
"Another one we like is Morgan Stanley MS ," he said. Mark Newton, president and founder of investment consulting firm Newton Advisors, took more of a top-level approach to these high-yield opportunities. "I like consumer staples here," he told CNBC in the same interview.
- FX Empire•2 days ago
S&P 500 Weekly Price Forecast – Stock markets get hammered for the week
The S&P 500 got hammered during the week as you can see, reaching down towards the uptrend line that I have marked on the chart. That being said, it’s very obvious that we have several levels of support underneath so we are going to test significant levels.
- CNBC•2 days ago
One sector is making a comeback amid market volatility
Prepare for more churn around these levels, said Mark Tepper , president of Strategic Wealth Partners. "We're really trying to target good companies that are big players in investible themes, and health care as a sector has struggled this year but it's been resilient over the past month. As the S&P 500 has tumbled 4% this month, the XLV health care sector ETF has held slightly positive.
- FX Empire•2 days ago
S&P 500 Price Forecast – Stock market tries to rally but fails
The S&P 500 tried to rally during the trading session on Friday but failed as you can see. We ended up forming a less than impressive candlestick, which is something to pay attention to considering that we are going into the Memorial Day weekend.
- Investing.com•2 days ago
Stocks - S&P Ends Higher as Trump Attempts to Ease Trade Jitters
Investing.com - The S&P; 500 ended higher Friday, as President Donald Trump offered some hope on a quick resolution to the U.S.-China trade war, but a warning from Beijing that it's not above launching further countermeasures against Washington kept gains in check.
- CNBC•2 days ago
Three things could cause a 'second wave' in the market sell-off
The combination of mounting recession fears, bets on a more cautious Fed and a regular uptick in market volatility could spell more losses, writes Nomura. "Investors should be focused on the potential downside for global equities in the near term, given that sentiment is still pointing down," writes Masanari Takada. Investors have pointed to trade angst for a 1% decline in the Dow Jones Industrial Average and a 1.3% fall in the S&P 500 this week.
Market Realist•2 days agoHas the S&P 500 Index Made Oil’s Fall Sharper?
Oil and Broader Market Dragged the Energy Portfolio(Continued from Prior Part)US equity indexesIn the trailing week, US equity indexes had the following correlations with US crude oil active futures:the S&P 500 (SPY): 53.2%the S&P Mid-Cap
- Barrons.com•2 days ago
The Dow Shed Its Gains Because Memorial Day Weekend Is No Time to Own Stocks
With three days of tweets and other trade-war related headlines ahead of us, traders might not want to be long when the market closes on Friday.
