Stock Markets U.S. stocks closed near record highs this week as they rose for the third straight week. The primary driver of market action continues to be earnings. Nearly all third-quarter results coming in so far have been better than expected. The markets got an additional lift as reports that the U.S. and China are […]
Stock Markets U.S. stocks ended slighter higher in a week when better-than-expected earnings and some newfound optimism for a positive Brexit outcome were contrasted against continuing global growth concerns. This is the kickoff of the important third-quarter U.S. earnings season. Major banks were reporting solid earnings last week despite depressed investor expectations, which lead the […]
Major benchmarks bounced between gains and losses on Wednesday following a weaker-than-expected retail sales report for September. The Dow Jones Industrial Average (DJINDICES:^DJI) and the S&P 500 (SNPINDEX:^GSPC) closed down modestly. Consumer discretionary was the strongest sector and energy stocks were the laggards. Today’s stock market As for individual stocks, Workday (NASDAQ:WDAY) plunged in the […]
Stocks fell slightly on Wednesday as weak retail sales data, coupled with persisting trade-war fears, offset strong earnings results. The Dow Jones Industrial Average dipped 22.82 points, or 0.1% to close at 27,001.98. The S&P 500 slid 0.2% to 2,989.69 while the Nasdaq Composite dipped 0.3% to 8,124.18. Retail sales unexpectedly dropped 0.3% in September, […]
Stocks slipped on Wednesday after U.S. retail sales fell for the first time in seven months in September, offsetting a good start to the third-quarter corporate earnings reporting season. An angry response from China to legislation passed by the U.S. House of Representatives in support of Hong Kong pro-democracy protesters also cast doubt on prospects […]
Investors rotated money from fast-growing stocks to “clean companies with no real flaws” as major indexes dipped during the session, CNBC’s Jim Cramer said Wednesday. The Dow Jones Industrial Average, S&P 500 and Nasdaq Composite all slipped no more than 0.30% on the trading day. The action coincided with a Federal Reserve report that said […]
Major benchmarks climbed higher after third-quarter earnings reports provided some good news for investors today. The Dow Jones Industrial Average (DJINDICES:^DJI) and the S&P 500 (SNPINDEX:^GSPC) gained about 1%. The healthcare and financial sectors led the market, and growth stocks in the communications services sector also did well. The utility and consumer staples sectors were laggards. Today’s stock market Banks began […]
The stock market seems to swing wildly on every hint at how trade talks with China are going. It closed out last week on an upswing after President Trump announced he was suspending the next round of tariff hikes and said a substantive deal had been reached, though it would be implemented in phases. While […]
Check out the companies making headlines after the bell: Shares of United Airlines climbed more than 2% during extended trading after the airline raised its full year adjusted earnings guidance range to between $11.25 and $12.25 per share. Analysts estimated full-year earnings of $11.87 per share, according to Refinitiv. For its third quarter, the airline […]
Check out the companies making headlines in midday trading: UnitedHealth — Shares of UnitedHealth soared 8.2% after beating analysts’ estimates for quarterly profit and revenue and raising its 2019 earnings forecast. The largest U.S. health insurer showed strength in its main business of selling health plans and its pharmacy benefits group. J.P. Morgan — Shares […]
It was a fairly “meh” Monday on the stock market — which, perhaps in some ways, is a relief given the recent seesaw volatility we’ve witnessed. As ever, though, some top stocks bucked the overall trend with some nice price leaps, while others fell to earth. Since it’s always nice to begin the week on […]
Major benchmarks drifted between gains and losses on light volume Monday as investors looked forward to third-quarter earnings reports starting in earnest tomorrow. The Dow Jones Industrial Average (DJINDICES:^DJI) and the S&P 500 (SNPINDEX:^GSPC) closed down modestly. Materials and utility stocks were particularly weak, but home construction and biotechnology shares moved up. Aa for individual […]
