|Day's Range||7,631.25 - 7,694.15|
|52 Week Range||6,190.17 - 8,176.08|
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%.
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.
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.
Tech Sector Updates: HPQ, HPE, and MoreNasdaq fell for the fourth time in five sessionsThe tech-heavy NASDAQ Composite Index fell for the fourth time in five sessions on Thursday, May 23. The index fell 1.6% on Thursday, and is now down nearly 7%
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.
President Donald Trump called Huawei “very dangerous” but said that it could be included in a trade deal, one that could be completed quickly.
The Fed might not cut rates soon and PMI has slipped. The Dow Jones Industrial Average lost 1.11% to close at 25,490.47. The S&P 500 tumbled 1.19% to end at 2822.24, and the Nasdaq Composite has dropped 1.58% to close at 7628.28.
A new survey from the Fed found that the long economic recovery has not leveled the playing field for black, Hispanic, and less educated Americans, who may be turning to gig work for financial fortitude.
The Latest on Market Volatility, Apple, Chip Stocks, and More(Continued from Prior Part)Semiconductor stocks have taken a hit this monthThe tech-heavy NASDAQ Composite Index fell for the third time in four sessions on May 22. On the day, it fell
Stocks extended their losses in afternoon trading, with tech stocks leading the way down, as Wall Street saw higher odds of a full-blown trade war between the U.S. and China
Terse comments from Chinese officials fanned the flames of tariff worries again, sending the Dow Jones Industrial Average, the S&P 500, and the Nasdaq Composite sharply lower.
The Dow Jones Industrial Average was set to open down more than 200 points after trade tensions took a turn for the worse overnight.
Treasury Secretary Steven Mnuchin told CNBC on Wednesday that a trip to Beijing to resume trade negotiations has not been scheduled yet, reducing hopes of a speedy resolution to the U.S.-China trade war. Meanwhile, restrictions on Chinese telecommunications giant Huawei have led China to rethink its entire economic relationship with the U.S., according to a report from The South China Morning Post.
The Dow Jones Industrial Average tumbled 0.39% to close at 25,776.61. The S&P 500 slipped 0.28% to end at 2856.27, and the Nasdaq Composite fell 0.45% to close at 7750.84.
The minutes from the latest meeting of the Federal Open Market Committee offered no market-moving news, leaving stocks lower, as they were earlier in the day.
6:44 a.m. The Dow Jones Industrial Average looks set to open little changed as the market waits for the minutes from the last FOMC meeting. Dow futures have dipped 9 points, while S&P 500 futures have declined 0.1%, and Nasdaq Composite futures have 0.2%. The stock market hasn’t dropped all that much since the trade was escalated this month, and one reason is because investors are betting that the Federal Reserve will cut rates if necessary.