(Bloomberg) — Stocks in Asia were primed for gains on Friday after a strong start to the year lifted U.S. equities to fresh all-time highs. Treasuries and the dollar rose. Futures indicated gains for equities in Hong Kong and Australia. The S&P 500 earlier rose 0.8% with megacaps Apple (NASDAQ:),Read More →
U.S. stocks finished Tuesday trade with modest gains on low volumes ahead of the New Year holiday on Wednesday, closing out a banner year for Wall Street. What are major indexes doing? The Dow Jones Industrial Average DJIA, +0.27% closed up 76.30 points or 0.3%, at 28,538.44, while the S&PRead More →
2/2 © Reuters. Traders work on the floor at the NYSE in New York 2/2 By Manas Mishra (Reuters) – The Nasdaq breached the 9,000-point mark for the first time and the S&P 500 hit a fresh record high on Thursday, boosted by optimism over U.S.-China trade relations and gainsRead More →
By Uday Sampath Kumar (Reuters) – U.S. stock index futures ticked to fresh record highs on Friday as investors stayed optimistic that Washington and Beijing would sign a long-awaited trade treaty early in the new year. Wall Street again hit all-time highs on Thursday as U.S. Treasury Secretary Steven MnuchinRead More →
© Reuters. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York By Uday Sampath Kumar (Reuters) – Wall Street hovered near record highs on Thursday as U.S. Treasury Secretary Steven Mnuchin said Washington and Beijing would sign an initial trade deal inRead More →
Getty Images The financial district of Canary Wharf European stocks on Tuesday edged back from record levels, over concerns about the prospect of a so-called hard Brexit. After reaching an all-time record on Monday, the Stoxx Europe 600 SXXP, -0.68% dropped 0.72% to 414.76. U.K. newspapers reported freshly elected PrimeRead More →
The cannabis industry may be booming, but publishers looking to cash in keep going up in smoke. Hightimes Holding, which publishes the 45-year-old High Times magazine, warned shareholders in its latest SEC filing that it may not be able to continue operations. “Because of recurring operating losses, net operating cashRead More →
© Reuters. An investor looks at an electronic board showing stock information at a brokerage house in Nanjing By Hideyuki Sano TOKYO (Reuters) – Asian stocks held firm on Friday as U.S. President Donald Trump’s rhetoric kept investors’ hopes up on a trade deal with China, while oil sat nearRead More →
Criticizing White House hopeful Joe Biden’s recent “gateway drug” comment on marijuana, rival Cory Booker delivered the following zinger at Wednesday night’s Democratic presidential debate in Atlanta: “This week I hear him literally say that, ‘I don’t think we should legalize marijuana.’ I thought you might have been high whenRead More →
Don’t miss these top money and investing features: Some of the money and investing stories grabbing the attention of MarketWatch readers this past week include columnist Mark Hulbert’s report on why debt is not as much of a concern for the U.S. economy as many fear, and why the so-calledRead More →
Just before 8 a.m. on Thursday, shots rang out at Saugus High in Southern California, in a school shooting that left two dead and several students injured. The 16-year-old suspect, a student at the Santa Clarita school, had initially avoided capture but has been taken into custody, according to publishedRead More →
There are more millionaires next door. Despite that fact that most people are undersaved for retirement, a study released by Fidelity Thursday shows that the retirement savings picture isn’t quite as grim as you might think. Indeed, the number of 401(k) and IRA millionaires hit a record high at theRead More →
© Reuters. Investing.com – Stocks surged higher Friday as investors embraced the prospect of more technology growth and shrugged off cautious fourth-quarter guidance from Amazon.com (NASDAQ:). The , ended up 0.41% on the day at 3,022.55. The index briefly breached its July 26 closing high and came within a pointRead More →
Surging pork prices pushed China’s consumer inflation to a near six-year high in September, complicating Beijing’s effort to stimulate growth but also giving it a strong incentive to buy more agricultural goods from the U.S. The consumer-price index rose 3% in September from a year earlier, according to data releasedRead More →
Getting eight hours sleep may be critical for your blood pressure — and your heart. A bad night’s sleep can result in a spike in blood pressure that night and the following day, according to recent research. The study, published in a recent edition of the peer-reviewed scientific journal PsychosomaticRead More →
Happy Wednesday, MarketWatchers. Don’t miss these top stories: Personal Finance Harvard discrimination ruling suggests high schools may hinder Asian-American applicants Ruling says teachers’ and guidance counselors’ weaker personal recommendations may hurt Asian-American applicants’ chances. Male surgeons are paid more than female surgeons, even in fields like gynecology Women also hadRead More →
Worried about oil prices after the weekend’s raids on Saudi Arabia? You may want to wait until prices rise more before really getting scared about the risks to your job, your budget, or the economy. A lot more. Since 1980, personal incomes have risen eight times as much as oil.Read More →
If you are looking for cracks in the U.S. economy, there’s no better place to look than the small-cap universe of public companies. The Russell 2000 index RUT, +0.31%, which tracks companies with a median market capitalization of $784 million, remains 13% below its record high last August, while companiesRead More →
Asian markets fell in early trading Tuesday as tensions in Hong Kong ratcheted up following protests Monday that shut down the city’s airport. Hong Kong’s airport struggled to reopen Tuesday, while protests continued, though at a smaller scale. While some flights resumed, many were canceled amid a backlog of flightsRead More →
The Mouse just roared. The Walt Disney Co. DIS, +2.58% on Tuesday fired a formidable first shot in what is likely to be a prolonged streaming war this year and next that parallels Marvel’s “Avengers: Endgame”: Beginning Nov. 12, when Disney’s ambitious streaming service debuts, U.S. consumers will be ableRead More →
© Reuters. Investing.com – Shake Shack (NYSE:) sizzled to a 52-week high Tuesday after delivering an earnings beat and raising guidance as burger-munching customers abroad flocked to the trendy burger chain. The company also inked a new partnership with delivery company GrubHub (NYSE:). Shake Shack (NYSE:) shares were up 16.3%Read More →
© Reuters. Investing.com – The reached another record high on Friday, after Federal Reserve Chairman Jerome Powell’s dovish comments earlier in the week set stocks soaring in anticipation of a rate cut later this month. The rose as far as 27,234.24 points before paring gains a little to be upRead More →
The U.S. junk-bond market may be flashing a new warning that the credit cycle is nearing its end. About $52.5 billion of corporate bonds issued by U.S. companies with “junk” credit ratings were trading in June at prices below 70 cents on the dollar, the highest amount in six months,Read More →
The S&P 500 index clinched another all-time high on Tuesday afternoon, even as trading in assets perceived as safe havens, like U.S. Treasuries, benefitted from pessimism about the global economic outlook and the prospect of an ongoing trade war with China. How are benchmarks faring? The Dow Jones Industrial AverageRead More →
© Reuters. Traders work on the floor at the NYSE in New York By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks climbed on Monday, but were well off highs that sent the S&P 500 to a record, fueled by gains in technology stocks on optimism for progress in U.S.-ChinaRead More →
