The number of confirmed cases of the coronavirus illness COVID-19 topped 10 million around the world and the death toll surpassed a half million over the weekend, and Florida, South Carolina and Nevada all recorded their highest number of new infections in a single day. Florida counted 9,585 new casesRead More →
‘Get out of trash. There’s still a lot of money in cash.’ Ray Dalio If there are investors who believe cash is king amid this market bull run, they ought to think again, suggests Ray Dalio. The billionaire founder of the hedge fund Bridgewater Associates said during a CNBC interviewRead More →
U.S. stocks recovered from overnight losses to touch new records midday Wednesday, after remarks by President Trump suggested the U.S. and Iran were refraining from further military action in the aftermath of attacks on U.S. bases overnight in retaliation for last week’s killing of Maj. Gen. Qassem Soleimani by AmericanRead More →
By Lewis Krauskopf (Reuters) – The Nasdaq snapped an 11-day streak of gains on Friday after some late-session weakness, but the S&P 500 and the Dow scratched out record closing highs with slight gains as a year-end rally chugged along. With only two trading days left for the year, theRead More →
Asian markets mostly gained in early trading Friday, after yet more record highs on Wall Street. Japan’s Nikkei NIK, -0.36% was about flat, while Hong Kong’s Hang Seng Index HSI, +1.21% gained 1.2%. The Shanghai Composite SHCOMP, -0.08% advanced 0.7% while the Shenzhen Composite 399106, -0.67% Read More →
Asian markets were mixed in quiet trading Tuesday, following another record day on Wall Street. The Dow Jones Industrial Average DJIA, +0.34% and S&P 500 SPX, +0.09% closed at record highs for a third consecutive day, while the Nasdaq Composite COMP, +0.23% notched a record ninth-straight recordRead More →
Stocks were mixed in early trading in Asia on Friday after Wall Street posted more record highs, extending the market’s gains for the week. Japan’s Nikkei 225 index NIK, +0.04% edged 0.2% lower, while Hong Kong’s Hang Seng Index HSI, +0.37% edged 0.4% higher. The Shanghai Composite SHCOMP,Read More →
Stocks edged up for a fourth straight day to score another round of records Wednesday, supported by rosier U.S. economic data and ongoing hopes for a U.S. – China trade deal, but Wall Street trading volumes were thinner than usual ahead of the Thanksgiving Day holiday Thursday. U.S. financial marketsRead More →
Major U.S. stock-market benchmarks ended Monday’s session at records as investors remained attuned to developments in the U.S.-China trade relationship and cheered a wave of merger activity. How did the major benchmarks fare? The Dow Jones Industrial Average DJIA, +0.68% advanced 190.85 points, or 0.7%, to end at 28,066.47, whileRead More →
Getty Images President Donald Trump gives a big thumbs up to the economy and a record-high stock market, but the news is not all good. Stocks on Wall Street have soared to fresh record highs, but it’s not because the economy is flashing a big thumbs-up sign. It’s not. TheRead More →
U.S. stock indexes opened in record territory Friday, after data on retail sales rebounded to show growth in October and after White House officials again talked up the prospects of a trade deal with China How are the major benchmarks faring? The Dow Jones Industrial Average DJIA, +0.35% rose 96Read More →
“Joker” wasn’t supposed to be a blockbuster — even the executives at its own studio reportedly weren’t betting on a big win. Yet the unique, darkly violent movie is killing it a the box office. While the DC Comics film scored plenty of rave reviews ahead of its Oct. 4Read More →
Is three the magic number for Wall Street? We’ll soon find out. Only a few think that Jerome Powell & Co. will not cut interest rates next week for a third time in as many gatherings of the rate-setting Federal Open Market Committee. Market-based probabilities imply a 93.5% chance ofRead More →
Stocks closed at new highs for the S&P 500 and Nasdaq Composite indexes on Friday, as investors welcomed strong corporate earnings, government approval of the T-Mobile and Sprint merger, and better-than-expected economic growth. How are the major benchmarks faring? The Dow Jones Industrial Average DJIA, +0.19% ended up 51.47 points,Read More →
BANGKOK (AP) — Shares in Asia traded mostly higher Friday after a turbulent day on Wall Street ended with the Dow Jones Industrial Average closing above 27,000 for the first time. Japan’s Nikkei 225 index NIK, +0.20% edged 0.1% higher and the Hang Seng HSI, +0.35% in Hong Kong addedRead More →
U.S. stock futures retreated Friday morning, a reversal after the three main benchmarks ended a holiday-shortened session on Wednesday all at records on the same day for the first time in 17 months. Investors eagerly awaited a key read on the labor market. U.S. markets were closed on Thursday forRead More →
The Fed decision is set for 2 p.m. Eastern Time with a news conference a half-hour later The Dow and S&P 500 see muted action ahead of announcement, hanging near all-time highs 10-year Treasury yield rises to 2.09%; Turkish lira gains on threat of sanctions Stock benchmarks mostly drifted higherRead More →
Prominent market technician Ralph Acampora says Wall Street needs to put in fresh highs for him to be confidently bullish about the outlook for stocks, after a whipsawing period for the major indexes. But it isn’t entirely clear that investors will see records in the immediate term, he said. “WhatRead More →
President Donald Trump on Wednesday said the stock market has delivered all-time highs around 100 times since he took office — a reference to records hit by the S&P 500 and the Nasdaq Composite Index a day earlier. ‘The stock market and our country, from an economic standpoint, is doingRead More →
Asian markets were mixed in early trading Wednesday, surrendering early gains, after the S&P 500 and Nasdaq closed at all-time highs. Japan’s Nikkei NIK, -0.41% was about flat after initially rising about 0.4%. Hong Kong’s Hang Seng Index HSI, -0.85% and the Shanghai Composite SHCOMP, -0.92% alsoRead More →
The Cboe Volatility Index touched its lowest level in six months on Friday as U.S. stock indexes surged, finishing near record territory, and raising some concerns that investors may be getting complacent. The VIX VIX, -7.76% referring to index’s ticker symbol, hit an intrasession low at 11.95 on Friday, markingRead More →
