|Day's Range||24,509.09 - 24,828.29|
|52 Week Range||23,344.52 - 26,951.81|
Starbucks will hold its biennial investor day and Adobe and Costco reports earnings on Thursday.
Santa delivered his traditional end of year rally on Thursday as world stocks made a third day of gains and the pound and the euro both stayed strong after the latest bout of Brexit drama. UK Prime Minister Theresa May's survival in a late night no-confidence vote has not changed the markets' views on Brexit but along with signs of a tentative truce in the U.S.-China trade war and progress in Italy it was enough to keep them jolly. The Nikkei and other Asian stocks had pushed roughly 1 percent higher and Europe also made a steady start [.EU] ahead of several central bank meetings including a landmark one for the ECB which was set to end its quantitative easing program.
U.S. stock index futures were slightly higher Thursday morning, amid signs of thawing trade tensions between the world's two largest economies.
Asian stocks closed higher on Thursday, with shares in Greater China leading gains after the positive momentum seen on Wall Street overnight. In the U.S., the Dow Jones Industrial Average rose by 0.64 percent, the S&P 500 climbed 0.54 percent to close at 2,651.07, and the Nasdaq Composite jumped nearly 1 percent to 7,098.31.
Investing.com - The Dow rallied, but closed well below its session highs Wednesday, even as positive news on U.S. and China trade raised hopes that both nations may be able to find a way to resolve their bitter dispute.
"We might look back and say it's a missed opportunity if we didn't take it" on Amazon, says Fairlead Strategies' Katie Stockton.
Investors concerned about the volatile market may have some relief ahead, says technical analyst Katie Stockton. If the S&P doesn't dip below 2,640 this week, it should be an all-clear for stocks to rally, she says. On Amazon, "We might look back and say it's a missed opportunity if we didn't take it," Stockton says.
Despite some lingering controversy around Tesla CEO Elon Musk, the automaker's shares are up 37 percent in the past three months.
The S&P 500 rose 32 points, or 1.2%, as of 9:35 AM ET (14:35 GMT), while the Dow increased 289 points, or 1.2%, and the tech-heavy Nasdaq Composite jumped 89 points, or 1.3%.
With the production cut agreement that’s set to be implemented in 2019, US crude oil’s downside could be limited. Traders think that the recent flow of funds from oil to the natural gas market might stop, which could be a negative development for natural gas prices.
"The worst-case scenario is things fall apart and we go into a global trade war," the former White House advisor says.
The best-case scenario for the U.S trade war with China is the Trump administration strikes a minor agreement similar to the one made with Canada and Mexico, former top White House advisor Greg Mankiw says. In that situation, President Donald Trump will likely "exaggerate how magnificent" the deal is "and then we'll move on," he says. The best-case scenario for the U.S trade war with China is the Trump administration strikes a minor agreement similar to the one made with Canada and Mexico , a former top White House advisor told CNBC on Wednesday.
Bank of America Merrill Lynch (BAC) expects Brent crude oil to average ~$70 per barrel in 2019, according to a CNBC report. The OPEC and non-OPEC agreement to cut 1.2 MMbpd (million barrels per day) of oil from the October production level in 2019 would be the key driver for US crude oil prices going forward.
Positive comments about trade from President Donald Trump sent U.S. stock- index futures higher in early trading.
6:47 a.m. Positive comments from President Donald Trump have the Dow Jones Industrial Average set for a higher open Wednesday. S&P 500 futures have risen 0.7%, while Dow Jones Industrial Average futures have advanced 164 points, or 0.7%. Nasdaq Composite futures have gained 1%.
U.S. stock index futures rose on Wednesday as investors digested news related to the ongoing trade war between the United States and China. At around 8:50 a.m. ET, Dow Jones Industrial Average futures were up 274 points, indicating a gain of 309.76 points. Futures extended gains after The Wall Street Journal reported China is working to increase access to overseas companies as both countries try to resolve their trade dispute.
Stocks traded higher on Wednesday as investors digested news related to the ongoing trade war between the United States and China.
European stocks rallied Wednesday afternoon, after President Donald Trump said he was upbeat about the chances of securing a trade deal with China.