Fed meeting, Apple earnings, Trump speech, jobs report on tap All major U.S. benchmarks closed lower on Monday, with the Dow and the S&P 500 having their worst day this year, as the appetite for equities was dampened by a pickup in borrowing costs. A retreat for the main indexes comes as the yield on […]
Stocks are skating on thin ice at the start of a big week for the markets, according to one trader. “We’ve got the Fed, nonfarm payroll and on Wednesday there are a lot of big earnings coming out here,” Todd Gordon, founder of TradingAnalysis.com, said Monday on CNBC’s “Trading Nation.”Apple, Facebook, Microsoft, Amazon and Alphabet all report earnings later this week, the […]
U.S. equities pulled back on Thursday as investors worried about rising interest rates. The S&P 500 declined 0.1 percent to close at 2,821.98 after rising as much as 0.4 percent. The Nasdaq composite fell 0.4 percent to 7,385.86. Earlier, the tech heavy index traded 0.4 percent higher as Facebook shares hit an all-time high. Facebook […]
The major U.S. stock indexes closed mostly lower Thursday after a midsession gain faded. Retailers, restaurant chains and other consumer-focused companies accounted for much of the market’s pullback. The losses outweighed solid gains by financial stocks, which got a boost as climbing bond yields set the stage for higher interest rates on mortgages and other […]
After a 25% surge last year, the Dow Jones industrial average is still on a tear, shooting up nearly 6% in January alone. And once-wary Main Street investors who sat out most of the bull market are now buying stocks in pursuit of profits. These are some of the tell-tale signs of a stock market […]
U.S. stocks overcame a brief stumble to close slightly higher Wednesday, snapping a two-day losing streak. The dip came after the Federal Reserve released its latest statement on interest rate policy and the economy, in which the central bank signaled that it expects inflation to pick up this year. The Fed, as expected, held off […]
Stocks around the world have staged one of the best-ever starts to a year, a synchronized rally that has only gained momentum following 2017’s sharp gains. In the U.S., the S&P 500’s 7.5% rise in January is its biggest since 1987. In Asia, the Shanghai Composite has already surged 7.6%, surpassing last year’s gain. Hong […]
An AI-powered ETF really likes these stocks. But why? Artificial intelligence (AI) is being used to enable cars to drive themselves, detect cancer, improving search engines, and a lot more. Why not use it for picking stocks? That’s exactly what many organizations and individuals are doing. But most of them, understandably, keep those potential winning […]
Asian shares gained on Monday in morning session after Wall Street touched record highs in the last session amid upbeat corporate earnings and strong global economic growth. MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.19% in early trade and aiming for a 12th straight session of gains. It is up nearly 8% for […]
Asian stocks pared gains by midday as the U.S. dollar lost some of its early momentum. China and Hong Kong shares turned lower, with declines in the mainland led by small-cap companies listed in the country’s south, following comments from a regulator about clamping down on high-priced stocks. The Shenzhen Composite Index SHCOMP, -0.97% was […]
U.S. stocks are seeing their biggest decline in months, pulled down by hefty losses in health care and technology companies. The Standard & Poor’s 500 index fell 31 points, or 1.1 percent, to close at 2,822. The Dow Jones industrial sank 363 points, following a 145 point slump on Monday, to end at 26,077. The […]
Solid Biosciences shares slide 10% as paper says animals suffered toxic crisis in gene therapy trial Shares of gene therapy companies fell sharply Tuesday, after a report by a prominent scientist revealed the safety concerns that led him to resign recently from a scientific advisory board. Gene therapy researcher James Wilson, a giant in the […]
