|Day's Range||7,676.833 - 7,749.357|
|52 Week Range||6,081.960 - 7,768.600|
Earnings out of FedEx and another report on the housing market will be highlights for investors on Tuesday amid a slow week for corporate and economic news.
On Monday, the Housing Market Index reading for June came in at 68, a bit weaker than Wall Street expectations for 78. On Tuesday, Housing Starts totals for May will be released. Econoday consensus is calling for Starts – Level – SAAR of 1.320M, up from April’s 1,278 M. On Wednesday, MBA Mortgage Applications and Existing Home Sales are set for release.
China markets led losses in the region on Tuesday after U.S. President Donald Trump threatened more tariffs on Chinese products. Trump has ordered $200 billion in Chinese goods to be identified — subject to additional tariffs at a rate of 10 percent. China markets led losses in Asia on Tuesday after U.S. President Donald Trump fired a fresh salvo in the ongoing trade spat between the U.S. and China.
Stocks fell Monday with the Dow's losing streak stretching to five days as trade tensions linger, but investor Doug MacKay says it's only temporary. MacKay says since we're not in earnings season, investors tend to focus more on political risks like tariffs. Stocks fell Monday with the Dow's losing streak stretching to five days as trade tensions linger.
Energy stocks, supported by rise in Brent futures, gain groundAFP/The U.S.-China trade spat is heating up. The Dow Jones Industrial Average registered its fifth straight decline Monday, but stocks broadly managed to finish above session lows as gains in energy and technology shares helped to limit declines partly inspired by fears over trade tensions between the U.S. and China. The Dow (^DJI) fell 103.01 points, or 0.4%, to 24,987.47, led by drops in Intel Corp. (INTC) and Boeing Co. (BA) shares.
Alphabet, which is developing the Waymo self-driving technology, bucked a mild decline in the stock market by rolling further past a proper new buy point Monday.
U.S. stocks mostly closed lower on Monday, though major indexes ended well off their lows and the Nasdaq finished in the green as investors once again looked past the specter of trade-policy tensions to ...
US stocks closed the week ending on June 15 with a mixed performance. Investors largely ignored the concerns about a trade war between the US and China. The benchmark S&P 500 Index (SPY) was essentially flat at 2,779.42, while the Dow Jones Industrial Average (DIA) fell 0.9% to 25,090.48. However, the NASDAQ Composite Index (QQQ) outperformed with a gain of 1.3% to 7,746.38. Bank stocks fell
Atlanta Fed President Raphael Bostic said Monday the central bank still hasn't reached the so-called neutral rate -- where policy is neither accommodative nor restrictive. "The level of the policy rate that qualifies as neutral is not something we know with precision," Bostic said at the Rotary Club of Savannah.
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.
Lingering trade-war fears carried over to the stock market near midday Monday, but the selling was mostly focused in blue-chip stocks as Intel and Walt Disney weighed on the Dow.