|Day's Range||7,704.3413 - 7,755.7217|
|52 Week Range||6,081.9600 - 7,768.6001|
Analyst: ‘We have seen investors escape into U.S. tech stocks, but that may be starting to run its course’President Donald Trump and Chinese President Xi Jinping shake hands during a meeting in Beijing in November 2017. U.S. stock futures lost ground Monday, putting the Dow industrials on track for a fifth losing session in a row as trade-war fears continued to weigh on global markets. Dow Jones Industrial Average futures (YMU18.CBT)gave up 147 points, or 0.6%, to 24,962, while S&P 500 futures (ESU18.CME)shed 13.40 points, or 0.5%, to 2,771.
Dow Jones futures were steady Sunday. Five chip stocks are near buy points: Micron Technology, Texas Instruments, Broadcom, ASML and Entergis. Micron reports earnings this week.
Asian markets closed lower on Monday as investors digested U.S.-China trade tensions. The U.S. said it will impose tariffs on $34 billion in Chinese goods beginning July 6. China quickly announced its retaliation.
Stock-market investors navigated, virtually unscathed, a gauntlet of central-bank gatherings, a historic summit between President Donald Trump and North Korean Kim Jong Un, and flaring trade tensions. The S&P 500 index(^GSPC)ended the week essentially flat, managing the narrowest of weekly gains, up 0.02% to 2,779.66, while the Dow Jones Industrial Average(^DJI)posted a weekly decline of 0.9%. The Nasdaq Composite Index(^IXIC)outperformed both, rising 1.3% for the five-day period.
After a week of big, potentially market-moving events, a financial news reporter has to wonder how much any of it really mattered, considering that the major averages ended not far from where they had started. Moving away from his denunciation of Kim Jong-un as “Little Rocket Man” inviting “fire and fury” by missile launches, Trump last week declared the threat from North Korea neutralized.
The Dow Jones Industrial Average posted its biggest one-week slide since March, as mounting fears over a potential trade war sent shares of industrial firms lower. After months of exchanging threats, the U.S. and China unveiled plans Friday to hit each other with tariffs on billions of dollars in goods.
Want to know why the Dow Jones Industrial Average is doing what it's doing? The US announced 25% tariffs on $50bn of Chinese imports today, and Beijing said it would retaliate “with equal scale and equal intensity.” The fears of a trade war between two powerful economies could hurt a broad range of export-dependent Asian economies. “We maintain our cautious view on emerging market currency markets as developed markets policy normalisation continues to pose a risk to emerging market capital flows,” writes Craig Chan, an analyst with Nomura.
U.S. stocks closed lower on Friday, but well off the lows of the sessions as investors looked past signs of escalating Washington-Beijing trade tensions, an issue that is seen as a major potential headwind but which has thus far been more bark than bite for equities. For the week, the Dow fell 0.9% while the Nasdaq rose 1.3%. The S&P 500 just barely ended in positive territory, up 0.01%, although that was enough to give the benchmark index, along with the Nasdaq, its fourth straight weekly advance.
The Nasdaq rose to a new high while the Dow retreated amid Trump trade moves. A federal judge OK'd the AT&T-Time Warner deal while the Fed sees more rate hikes. RH and Etsy soared.
Trade war fears were back on the front burner Friday, but after falling 1.1% intraday, the Dow Jones industrial average ended with a loss of just 0.3%.
U.S. stock benchmarks ended the day lower, after the White House approved new tariffs on Chinese imports, causing trade-war jitters to ripple across markets. The Dow Jones Industrial Average came off 0.4% ...
Trump announced a 25 percent tariff on up to $50 billion of Chinese goods and China unveiled retaliatory levies. "This is not a pretend trade war," says John Rutledge, chief investment officer of Safanad, an investment firm. Looming trade war fears have been replaced with an actual trade war, John Rutledge , chief investment officer at Safanad, told CNBC on Friday.
The Dow Jones Industrial Average Friday afternoon was being driven lower on the back of intensifying trade-war fears that pushed some of the blue chip's components most sensitive to tariff tensions. The ...
On June 14, hedge fund manager Julian Robertson shared his view on market movement, the Trump administration, and FANG (Facebook, Amazon, Netflix, Google) stock valuation in an interview with CNBC. President Trump’s tax reform bill has played an important role in the US economy (SPY) (QQQ).
There's been a overriding paradox this year for investors: President Donald Trump has been both a blessing and a curse, goosing stocks through tax cuts and vexing the market with a seemingly endless stream of gut-churning headlines.
After gaining in the first two trading days of the week, the S&P 500 pulled back on Wednesday. Following the pullback, the S&P 500 opened higher on June 14 and closed the day with limited gains. On Thursday, seven out of 11 major S&P 500 sectors closed the day higher. Strength in the utilities, consumer discretionary, and telecom services sectors supported the market. However, weakness in the financials and industrials sectors limited the market gains.
U.S. stocks opened lower Friday as the U.S.-China trade dispute intensified. President Donald Trump announced tariffs on $50 billion worth of Chinese imports prompting Beijing to vow immediate retaliation. ...
Fierce competition from tech behemoths has completely altered the market landscape, compelling telecom, cable TV and media operators to band together in order to survive.
Earnings news drove Adobe and Canada Goose, while trade-sensitive stocks dived Friday on the latest skirmish in the U.S. and China trade war.
Stocks dropped at Friday's open after the Trump administration said it will impose a 25 percent charge on up to $50 billion in Chinese goods. The Dow Jones industrial average fell 164 points, with Caterpillar and Boeing as the worst-performing stocks in the index. The S&P 500 dropped 0.3 percent as tech and industrials lagged.
Stocks dropped at Friday's open after the Trump administration said it will impose a 25 percent charge on up to $50 billion in Chinese goods.
Stock futures were steady late Thursday. Adobe fell despite a beat-and-raise report. Chinese livestreaming IPOs iQiyi, Huya and Bilibili kept rising late.
U.S. stocks stabilized Thursday, suggesting investors are coming to terms with central banks’ plans to gradually leave behind a decade of unprecedented monetary stimulus. After the Federal Reserve signaled Wednesday that U.S. interest rates will likely go up four times in 2018—instead of three, as had been widely believed—the European Central Bank said Thursday it would end its bond-buying program in December. “The Fed and the ECB and other central banks have taken the market to places they’ve never been before, and now they want to gently nudge it back to somewhere closer to where it was in the past,” said Brent Schutte, chief investment strategist at Northwestern Mutual Wealth Management Co.
The U.S. dollar rose more than a penny against a basket of major currencies as the euro cratered, and U.S. stocks closed higher on Thursday, as the European Central Bank signaled interest rate hikes were ...