|Day's range||23,507.61 - 23,605.77|
|52-week range||19,000.38 - 23,617.80|
Consumers and Wall Street pros both think they know what's going to happen next in markets and the economy.
A gauge of global equity performance scaled fresh record highs on Wednesday, propelled by bullish growth and company earnings outlooks, while crude oil prices rose to more than two-year highs. Asia again led global stock markets higher as Hong Kong's main Hang Seng index closed above 30,000 for the first time in a decade.
U.S. stock-market indexes remain under pressure Wednesday afternoon after the Federal Reserve minutes indicated that an interest rate hike is likely in the near future.
U.S. stocks were little changed after the Fed minutes from the latest policy meeting underlined expectations for a rate hike in December. The minutes show that top officials also expressed more alarm about ...
The S&P technology index (.SPLRCT) fell 0.37 percent, after two days of gains, led by losses in Hewlett Packard Enterprise (HPE.N) and HP Inc (HPQ.N). The Fed minutes will be scrutinized for policymakers' view on inflation for more clarity on what they might do under a new chair next year, especially after outgoing Chair Janet Yellen's comments a day earlier. Yellen said she still expects inflation to rebound soon, but was "very uncertain" if that would happen and was open to the possibility that prices could remain low for years.
The S&P technology index fell 0.37 percent, after two days of gains, led by losses in Hewlett Packard Enterprise and HP Inc. The Fed minutes will be scrutinized for policymakers' view on inflation for more clarity on what they might do under a new chair next year, especially after outgoing Chair Janet Yellen's comments a day earlier. Yellen said she still expects inflation to rebound soon, but was "very uncertain" if that would happen and was open to the possibility that prices could remain low for years.
The S&P 500 was flat as of 10:10 AM ET (3:10 PM GMT) while the Dow composite fell 13 points or 0.06%. Tech heavy NASDAQ Composite inched forward three and a half points or 0.05%.
It's Thanksgiving tomorrow, which means the stock market is supposed to be rallying. The Nasdaq Composite has ticked up 0.1% to 6,866.03. E*Trades Steve Claussen notes that "the market has tended to get a bump one day before and one day after the holiday, but then frequently gives it back the Monday after Thanksgiving." He explains: As a whole, the five days before the holiday were, on average, more bullish than bearish—especially the day before Thanksgiving, which closed higher 42 out of 53 years (79% of the time).
Orders for durable goods dropped 1.2% in October and a key measure of business investment fell for only the second time in 2017, but it’s probably just a temporary setback.
General Electric Co.'s stock rallied 1.9% in morning trade Wednesday, enough to pace the Dow Jones Industrial Average's gainers, as it bounced sharply off the previous session's six-year closing low. GE ...
Wal-Mart, Intel, Cisco and Applied Materials can compete as investments with the likes of Facebook, Amazon and the other FAANG stocks. By Nigam Arora.
Wall Street stocks paused near record levels early Wednesday ahead of Federal Reserve meeting minutes expected to shed light on the likelihood of a December rate hike. The minutes cover the two-day Fed ...
Shares in technology companies are outpacing other sectors this year by the widest margin since the height of the dot-com era, with a handful of key players dictating how markets are performing around ...
Stocks opened little changed Wednesday, a day after all three major indexes closed at records, as investors awaited minutes of the Federal Reserve's November meeting and digested the latest round of economic ...
You learn nothing about the stock market’s performance in December by focusing on its immediate reaction to Black Friday.
The S&P 500 opened higher on Tuesday and rose to record high price levels. On November 21, ten out of the S&P 500’s 11 major sectors rose.
Investors have many things to be thankful for this year: global equities had risen in every single month this year, while every major economy expanded. That’s something to think about when U.S. markets ...
The correlation coefficient between crude oil prices and Nabors Industries’ (NBR) stock price from November 16, 2016, to November 16, 2017, was 0.61.
The major U.S. equity indexes rose to record highs on Tuesday, bolstered by a solid rally in the tech sector and strong quarterly results from several major corporations. A 1.9 percent rise in Apple helped drive the Technology Select Sector exchange-traded fund (XLK) 1 percent higher to a 17-year high. The stock also gave the … Continue reading S&P 500; US Indexes Fundamental Daily Forecast – Pay Attention to U.S. Durable Goods Report
U.S. stock index futures pointed to a slightly higher open Wednesday, as investors geared up for another fresh batch of data and awaited the Fed minutes.