|Day's Range||1,531.345703 - 1,549.185791|
|52 Week Range||1,335.040039 - 1,615.520020|
The broader S&P 500 ended up 43.34 points, or 1.6%, at 2747.30, and the small-cap Russell 2000 19.20 points, or 1.25%, at 1549.19. For the week, the Dow closed up 0.36%, the S&P 500, 0.55%, the Russell 2000, 0.37%, and the Nasdaq, 1.35%. The story—as usual—was about inflation, interest rates, and the Federal Reserve.
Markets moved higher this morning as the Federal Reserve’s latest statement on monetary policy was taken to ease worries about rising inflation and interest rates. The S&P 500 and the tech-heavy Nasdaq Composite were both up 0.9%, while the small-cap Russell 2000 index was barely changed. Bond yields tumbled, with the rate on the benchmark 10-year Treasury note falling 0.04 point to 2.87%.
Stocks are looking to open higher this morning, as Wall Street takes a rosier view of the Federal Reserve, interest rates, and inflation. The Dow Jones Industrial Average was pointing toward an initial gain of around 85 points, while the S&P 500, tech-heavy Nasdaq Composite, and small-cap Russell 2000 were also looking at small gains. The big news overnight is that Treasury yields tumbled and Asian stocks jumped.
Stocks boomed and long-term interest rates fell this morning as Wall Street took another, third look at the Federal Reserve’s latest public comments. The broad large-cap S&P 500 and the small-cap Russell 2000 indexes also rose about 1%, while the Nasdaq Composite gained 0.74%. Stocks gained as the yield on Treasury bonds fell.
Stock prices plummeted this afternoon, the Dow Jones Industrial Average shedding more than 440 points, as bond prices continued to tumble and long-term interest rates surged higher. A brief surge of optimism after the Federal Reserve published its January minutes at 2 p.m. EST quickly gave way to renewed worries about the risks of rising inflation and borrowing costs. Futures markets now think there is a 28% chance that the Fed will hike short-term rates four or more times this year—up from a 24% chance a few days ago.
The Dow Jones industrial average, S&P 500 index and Nasdaq composite erased gains in mid-afternoon action. The Russell 2000 pared its advance.
Earnings news and overseas rallies fueled positive trade Thursday, as the market looked to extended its rebound.
The Russell 2000 index of small-capitalization stocks rallied on Wednesday, jumping more than 1% as concerns appeared to ebb over the impact of inflation in the economy. The index rose 1.8%, putting it ...
NEW YORK— The Dow Jones industrial average up 410 points Monday as the market clawed back more of its massive losses from the previous two weeks. The Standard& Poor's 500 index added 36.45 points, or 1.4 percent, to 2,656.. The Russell 2000 index of smaller-company stocks picked up 13.15 points, or 0.9 percent, to 1,490.98.
Matt Maley, equity strategist at Miller Tabak, said the Russell 2000 should be positioned to outperform going forward.
Sharp swings in stock prices over the last few days have torn away the mask of complacency that has characterized much of trading in equity markets over the past two years.
The carnage on Wall Street on Monday likely has some investors feeling gun shy about the U.S. stock market, but from one perspective, it may have created more opportunities than one expects.
An early stumble quickly reversed into sharp gains Tuesday, as buyers drove a broad range of stocks higher.
Stocks suffered heavy early losses Monday, opening another chapter to the sell-off that began Thursday on the Nasdaq and S&P 500.
An old stock market maxim, "as January goes, so goes the year," hasn't been as reliable in recent years as it used to be. NEW YORK (AP) — The contentious tax bill is beginning to deliver a change that many will welcome — bigger paychecks.
Zacks Market Edge Highlights: SPDR S&P 500, iShares Core S&P 500, Vanguard S&P 500, iShares Core S&P Small-Cap and SPDR S&P 600 Small-Cap
Amid the improved global market sentiment and an increased risk appetite, the S&P 500 traded with strength in the past four weeks and closed all four weeks at fresh record high levels. Following the weakness, the S&P 500 opened lower on Tuesday and closed lower. On January 30, ten out 11 major S&P 500 sectors moved lower.
In this series, we saw that after a strong 2017, when Intel’s (INTC) stock reached its 16-year high, the company suffered a setback with the revelation of two chip design flaws, Meltdown and Spectre. As the company works to fix the design flaw and has made updates on its progress in other growth markets, investor confidence is recovering. After Intel’s showdown at the CES 2018 on January 9, 2018, the company’s stock price climbed 7.6% in the next 12 days.
The S&P 500 gained for four consecutive trading weeks and closed last week at fresh record high price levels. On Monday, the S&P 500 opened the day lower and closed with a loss. On January 29, all of the S&P 500’s 11 major sectors decreased.