Previous close | 39,056.39 |
Open | 39,064.30 |
Volume |
Day's range | 38,988.85 - 39,274.50 |
52-week range | 32,327.20 - 39,889.05 |
Avg. volume | 348,098,688 |
Stocks (^DJI, ^IXIC, ^GSPC) search for direction ahead of Wednesday's market close with the Dow Jones Industrial Average holding in the green. After topping fiscal third-quarter revenue estimates and narrowing expected losses per share, Affirm shares (AFRM) are now sinking in the afternoon and analysts have an idea of what the cause is. Tripadvisor (TRIP), Teva Pharmaceutical Industries (TEVA), and Dutch Bros (BROS) are also reporting earnings. Defiance ETFs CEO and CIO Sylvia Jablonski joins Market Domination for the latest installment of Yahoo Finance's Good Buy or Goodbye to talk about the latest trend in clean energy investing: Uranium. Dine Brands (DIN) CEO John Peyton — whose company owns IHOP and Applebee's — discusses consumer spending patterns at his restaurants. This post was written by Luke Carberry Mogan.
While techs have mainly delivered on high earnings expectations, the focus is now on whether other sectors can match up.
The S&P 500 (^GSPC) has gained roughly 18% in the last 6 months, with only a slight pullback in late March to mid-April. Many analysts on Wall Street have raised their year-end targets for the S&P 500. Fundstrat Global Advisors Managing Director & Global Head of Technical Strategy Mark Newton joins Market Domination to discuss the momentum behind the S&P 500 and the market's overall health. Newton gives his bullish stance, advising investors: "I think this is a year for risk-taking. I'm very bullish. I think we push up to probably 5400 at a minimum. We can see consolidation I think, in the fall. But now is not a time to be running for cover. If anything, with evidence of treasuries starting to gain some traction and wheels are starting to roll over and the dollar is starting to pull back. That's been great for emerging markets." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino