Investors have spent much of the last year shrugging off geopolitical and economic risks, from the threat of nuclear conflict with North Korea to a potential trade war with China. Instead, they have focused on the strength of the United States economy, driven by banner corporate profits and President Trump’s push to lower taxes and […]
Stocks had a jumpy start to February and could be at an inflection point, depending in part on the direction of interest rates. Both Apple and Amazon were higher after the bell Thursday, and that post-earnings strength could spill into Friday’s trading. Friday could also be affected by the jobs report, expected to show 180,000 […]
Alan Greenspan gave a stark warning about the financial markets Wednesday “I think there are two bubbles. We have a stock market bubble and we have a bond market bubble,” Greenspan said in an interview on Bloomberg Television. “I think [at] the end of the day the bond market bubble will eventually be the critical […]
After a year of an often unpredictable administration, CNBC’s Jim Cramer was heartened to see President Donald Trump deliver a measured, predictable State of the Union address. “It’s ironic, but this president does, indeed, know what the stock market wants from him: it wants cheerleading, more defense dollars, less regulation, especially when it comes to […]
The daytime is for losers. Overnight is when the big money is made in the stock market — not by trading but by getting a good night’s sleep. That’s because of a gap between daytime and overnight returns in the American stock market. The real profits for investors have come when the market is closed […]
Stock prices fell sharply from near record highs Friday, with the Dow Jones industrial average tumbling 666 points, or 2.5%, to close out the worst week on Wall Street in years. The main trigger was growing concern about rising interest rates and inflation, and their impact on stocks going forward, as the yield on the […]
Stocks came off lows in afternoon trading Monday, although some industry groups were under added pressure. Losses were well-contained, with the main indexes trading inside Friday’s price ranges and declines at less than 0.3%. The Nasdaq composite was off 0.1%, the S&P 500 0.2% and Dow Jones industrial average 0.3%. The small-cap Russell 2000, which […]
Stocks dropped today as bond yields rose, and some investors questioned whether the market had come too far too fast since the start of the year. The S&P 500 fell 0.7% to 2853.53 today, while the Dow Jones Industrial Average dropped 177.23 points, or 0.7%, to 26,439.48. The Nasdaq Composite declined 0.5% to 7466.51. The […]
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 […]
