|Day's Range||8,019.96 - 8,047.56|
|52 Week Range||6,190.17 - 8,176.08|
U.S. stocks inched higher as investors digested a spate of concerns abroad and awaited signals of progress in U.S.-China trade talks.
The market faces its ultimate test this week when President Trump and President Xi meet at the G20 summit in Japan.
(MU) may lose money later this year because of falling memory chip prices, according to Citi Research. The chip maker will report its fiscal third-quarter earnings results on Tuesday. Micron stock (ticker: MU) has fallen nearly 20% over the past 3 months as hopes for a recovery in chip prices have faltered.
Susquehanna Financial Group lowered its price target on Nvidia shares citing increased competition over the coming year.
Stocks were poised to open slightly higher ahead of the meeting between President Donald Trump and President Xi at the G-20 meeting in Japan later this week.
U.S. President Donald Trump and Chinese President Xi Jinping are set to meet at the G-20 gathering, and could walk away with a trade deal. Then again, maybe not.
“U.S. valuations have moved back to the highs of last fall,” says one strategist, suggesting lower interest rates are already priced in.
Bottoming bases occur in some new market winners at the end of a severe correction. Here are some tips on how to identify the constructive action.
Although central bank policymakers decided to leave rates unchanged in June, investors became convinced it was poised to cut rates in July and September when the Federal Open Market Committee changed the language in previous monetary policy statements.
U.S. stocks closed slightly in the red after a two-day rally in response to the Federal Reserve’s hint that it could cut interest rates. The meeting between President Donald Trump and Chinese President Xi Jinping at the G-20 is coming into focus.
Investing.com - Stocks ended the week basically flat, as if traders were exhausted by all the drama the week threw at them. But the S&P; 500 hit a new intraday high for a second day in a row.
The S&P 500 hit a new all-time high on Friday, as U.S. Vice President Mike Pence's decision to defer a planned speech on China policy rekindled optimism over trade talks between the world's two largest economies. The decision was taken amid "positive signs" that trade talks with China could be back on track, the Wall Street Journal reported, citing a senior administration official.
The U.S.’s blacklisting of Huawei Technologies bars U.S. companies from doing business with the Chinese telecom firm—a key Micron Technology customer.
Minneapolis Fed President Neel Kashkari advocated for a 50 basis point rate cut in Wednesday's policysetting meeting.
Reports suggest that the U.S. may have ordered an attack, only to cancel it. After the recent market gains, it is the perfect excuse to take a breather.
U.S. stocks were poised to start slightly down after a Federal Reserve-fueled rally earlier in the week. Tensions in the Middle East likely prompted the change in direction, with geopolitical fears affecting oil prices.
The Federal Reserve does not make interest rate decisions based on trade policy, but Trump's comments are giving the wrong impression, said former FDIC Chair Sheila Bair.
U.S. stocks rose for a second day on Thursday after the Federal Reserve hinted it could cut rates if the economic outlook weakens. Oil and defense stocks rose on news that Iran shot down a U.S. military drone.