U.S. stocks fell on Thursday after a major Asian chipmaker delivered a disappointing forecast which dragged the technology sector lower. Investors also fretted over rising interest rates. The Dow Jones industrial average closed 83.18 points lower at 24,664.86, with Apple among the worst-performing stocks in the index. The S&P 500 declined 0.6 percent to 2,693.13 […]
U.K. stocks extended their win streak to three sessions on Thursday, boosted by gains for miners on a rally in nickel and aluminum prices. The British pound initially declined after a disappointing reading on U.K. retail sales, but later bounced back somewhat to trade near $1.42. What are markets doing? The FTSE 100 index UKX, +0.16% edged up […]
Exchange-traded funds are among the most popular ways for investors to get exposure to nearly any asset class, region, or strategy in global financial markets. However, rather than providing safety in numbers, this could become a risk factor for some assets. The question of whether the massive growth in ETFs is something to be feared has […]
Negativity on Wall Street flowed through to Asian markets on Friday, with regional stock indexes tracking moderately lower in early trade amid declines in the technology sector. The Nikkei 225 slipped 0.17 percent as semiconductor companies traded lower while financials and utilities rose. South Korea’s benchmark Kospi index edged down by 0.3 percent and Australia’s […]
Earnings season is apparently going gangbusters — even if we’re barely through and there’s a lack of love for big banks. Netflix NFLX, -0.46% shot to a record and lifted all boats yesterday, with the major indexes rising to the best level in a month. The low is in, says this VIX chart. The worst […]
The nine-year bull market might be on its last legs. Fifty-eight percent of global money managers surveyed by Bank of America Merrill Lynch think the stock market has already peaked or will later this year. Despite the market mayhem of recent months, the S&P 500 has quadrupled since its financial-crisis lowpoint in early 2009. Yet […]
Key market index funds finished mixed Wednesday as IBM (IBM) weighed on the Dow Jones industrials despite beating Q1 earnings and sales forecasts. SPDR Dow Jones Industrial Average (DIA) dipped 0.2%. PowerShares QQQ Trust (QQQ) climbed 0.2%, and SPDR S&P 500 (SPY) added 0.1% in the stock market today. Foreign markets outperformed with iShares MSCI […]
Markets in Asia tracked modestly higher on Thursday after U.S. stocks notched gains in the last session amid improved investor sentiment. The Nikkei 225 added 0.49 percent in early trade. The Topix subindexes for sea transportation and steel were among the best-performing sectors in the morning, rising 2.05 percent and 2.35 percent, respectively. Over in […]
Gold prices settled modestly lower on Tuesday, following gains in the last two sessions, as stocks climbed on the back of upbeat earnings and the dollar drifted a bit higher, with news on the geopolitical front quiet for now. June gold GCM8, -0.16% eased back by $1.20, or just under 0.1%, to settle at $1,349.50 […]
U.S. stocks rallied on Tuesday, with major indexes closing at the highest levels in about a month as the latest round of corporate earnings supported the thesis that valuations are supported by economic activity. The day’s gains were broad, with all 11 S&P 500 sectors ending in solidly higher territory, although the technology and consumer-discretionary […]
With increased geopolitical worries threatening markets at every churn of the 24-hour news cycle, CNBC’s Jim Cramer wanted investors to be prepared for the next marketwide panic. “What works here [is] not just in spite of these worries, but perhaps, in some cases, because of them,” the “Mad Money” host said on Tuesday. Every time investors or […]
Markets in Asia traded mostly higher on Wednesday, as investor confidence stayed firm on the back of Wall Street’s advance following strong earnings. In Japan, the Nikkei 225 rose by 1.16 percent and the broader Topix added 0.83 percent. Gains were broad-based, with retailers, utilities and technology among the rising sectors. Across the Korean Strait, […]
