^IXIC - NASDAQ Composite
| Previous close | 7,895.99 |
| Open | 8,006.18 |
| Volume | 1,076,913,783 |
| Day's range | 7,974.36 - 8,026.75 |
| 52-week range | 6,190.17 - 8,339.64 |
| Avg. volume | 1,987,882,222 |
- Yahoo Finance
Remember: Not all recessions turn into 2008
Recession is a scary word that sends Wall Street professionals and regular consumers alike into a terrifying flashback of the 2008 financial crisis. But a J.P. Morgan strategist says people shouldn’t be afraid of the next recession because it’s “normal.” “There is so much anxiety out there right now, and I think so much of that has to do with the fact that what happened in '08 was so historically bad that people are absolutely terrified of the next recession when they don't really have to be,” J.P. Morgan Asset Management Global Market Strategist Jack Manley told Yahoo Finance’s The Final Round.
- Yahoo Finance Video
Mohamed El-Erian: The Fed is really put in a corner
The bond market is signaling a recession - Yahoo Finance's Julie Hyman, Adam Shapiro, Brian Cheung, Kevin Mahn - Hennion & Walsh Asset Management President & Chief Investment Officer and Mohamed El-Erian,Allianz Chief Economic Adviser discuss.
- Reuters
Wall Street rallies on stimulus cheer, trade optimism
After the three main Wall Street indexes racked up their third straight weekly loss despite Friday's bounce, investors will weigh trade risks and signs of slowing growth against the potential for more action from the U.S. Federal Reserve and others in September. The focus this week will be on Wednesday's release of minutes from the Fed's July policy meeting, when the central bank cut rates for the first time in more than a decade, and Chair Jerome Powell's speech in Jackson Hole on Friday. "Everything is up because the Street is expecting Fed Chairman Powell to push for an additional cut when he addresses bankers in Jackson Hole," said Peter Kenny of Kenny's Commentary LLC and Strategic Board Solutions LLC in New York.
- Motley Fool
Stock Market News: GE, PG&E Face New Threats
Markets started the new week on a positive note, but not every stock saw gains.
- FX Empire
Stocks Ready to Jump Again, but Is Downtrend Over?
Stocks retraced some of their recent declines on Friday, as investors’ sentiment improved following bouncing off the short-term support level, economic data releases. The S&P; 500 index continues to trade within a consolidation. Is this a bottoming pattern or just a flat correction before another leg down?
- Yahoo Finance
San Francisco doesn't care about the stock market
San Francisco is home to hot IPOs like Uber, Lyft, Slack and Pinterest. Big swings in the stock market get less attention than sizeable moves with any of the cities biggest publicly traded names.
- Yahoo Finance
Bonds, yields, and why it matters when the yield curve inverts: Yahoo U
The yield curve inversion had markets tumbling amid concerns of a coming recession, but what is a "yield curve" and how (and/or why) does it invert?
- Reuters - UK Focus
GLOBAL MARKETS-Dollar firms, stocks soar on ECB rate cut expectations
U.S. and European stocks surged on Friday on expectations the European Central Bank will cut interest rates but the dollar pared gains against the euro after a report said the German government was prepared to take on new debt to lift the economy. The dollar hit a two-week high against the euro as expectations of ECB stimulus weighed on the single currency and bullish data showing a jump in U.S. homebuilding permits to a seven-month high also helped lift the greenback. The euro rebounded to pare most losses after Der Spiegel magazine said the German government would be prepared to ditch its balanced budget rule and take on new debt to counter a possible recession.
- Reuters - UK Focus
US STOCKS SNAPSHOT-Wall St ends up sharply on German stimulus optimism
- Market Realist
Where the Stock Market Could Be Headed Soon
The stock market has seen big moves both ways this week. The S&P; 500 (SPY) has surged 1.3% today as bond yields have risen.
- Motley Fool
Stock Market News: Applied Materials, NVIDIA Report Mixed Results
Major benchmarks picked up some ground on Friday morning.
- Yahoo Finance
'Too much damage has been done': strategist on US-China trade war
Liz Ann Sonders the chief investment strategist and a senior vice president at Charles Schwab & Co. is skeptical about a comprehensive trade deal.
- Yahoo Finance UK
Donald Trump wants to buy the country of Greenland
Trump has repeatedly floating the idea of buying the world's largest island from Denmark, according to reports.
- Reuters - UK Focus
GLOBAL MARKETS-Stocks falter, dollar recovers on renewed growth worries
The dollar recovered from early weakness but a gauge of world equity performance edged lower on Thursday as concerns about global growth offset investor optimism over a surge in U.S. retail sales last month and strong Walmart earnings. Gold prices, which have climbed almost 20% since late May on uncertainty driven by the U.S.-Sino trade spat and global growth concerns, edged higher amid concerns about a slowdown after China threatened to retaliate against the latest U.S. tariffs. Euro zone government bond yields went further into negative territory, reflecting concerns of an impending global recession after the U.S. yield curve remained inverted for a second day in a row.
- Reuters - UK Focus
US STOCKS-Wall Street struggles for direction as bond yields slide
- Motley Fool
Stock Market News: Cisco Looks Weak; Canopy Growth Gets Smoked
Thursday morning saw continued nervousness among investors.
- Reuters
S&P 500, Dow gain as upbeat retail sales offset recession fears
The S&P 500 and the Dow gained ground in a late rally on Thursday as upbeat retail sales data offset recessionary fears amid the simmering U.S.-China trade tensions. Wall Street zig-zagged from red to black and back much of the day as investors juggled mixed messages of a strong consumer and dropping U.S. Treasury yields. The Nasdaq closed lower, weighed by a plunge in the shares of Cisco Systems Inc .
- Yahoo Finance UK
This key investing metric is freaking out global markets
Investors see the US Treasury yield curve as a barometer for the health of the global economy.
- FX Empire
USD/JPY Fundamental Daily Forecast – Price Action Suggests Recession Concerns Being Downplayed
On Wednesday, former Federal Reserve Chair Janet Yellen told FOX Business she doesn’t think the U.S. economy is headed toward a recession. “I think the answer is most likely no,” Yellen said.
- Reuters - UK Focus
US STOCKS SNAPSHOT-Dow posts biggest one-day point drop since October
- Yahoo Finance
El-Erian: Negative yields 'will break things' in US economy
Allianz Chief Economic Adviser Mohamed El-Erian says he would sound the alarm if U.S. Treasury yields dip into negative territory.
- Motley Fool
Stock Market News: Tilray Sees Big Pot Losses; Retail Woes Hit Macy's
The stock market dropped sharply on Wednesday as yields on long-term bonds plunged.
- Yahoo Finance
Author explores Koch Industries, a company that specializes in the stuff that underpins civilization
Koch Industries possesses a complicated legacy, one which has seen its leadership both celebrated and vilified for the better part its eighty-year history. What does the future hold for the enormous conglomerate?
