Stocks finished the day higher. That makes the winning streak 4 days in a row! But it was another back and forth day. In the morning, stocks pulled back after a higher open, then turned negative just before 11am ET. But the major indices turned on a dime and rallied ahead of today’s Fed Minutes release. … Read more
U.S. stock futures rose slightly on Wednesday following news that the U.S. and China had concluded mid-level trade talks. As of 6:50 a.m. ET, Dow Jones Industrial Average futures climbed 77 points, indicating a higher open of 55.55 points; S&P 500 and Nasdaq 100 futures were also higher. Discussions between Washington and Beijing over trade … Read more
The major indices have made a decent comeback since getting hammered last Thursday. And today stocks finished higher for 3rd day straight! Stocks were up at the open and continued to rally in the first 15 minutes of trading. But after hitting session highs the S&Pdropped 30 points and dipped into negative territory for the day. … Read more
Stocks rose sharply on Tuesday as technology shares outperformed while investors remained cautiously optimistic Washington and Beijing could move forward on a trade deal. The Dow Jones Industrial Average surged 300 points, Led by gains in United Technologies and Nike. The S&P 500 gained 0.95 percent as the industrials and consumer discretionary sectors outperformed. The … Read more
This morning stocks opened slightly higher. But the major indices dropped to session lows ahead of the ISM Non-Manufacturing PMI report at 10:00am ET. The report revealed that the U.S. services sector continued to expand in December, but at a slower pace than expected. The reading came in at 57.6, below the 59.6 forecast (last month’s reading was 60.7 … Read more
The Dow Jones Industrial Average rose on Monday as investors digested a massive rally from the previous session. Investors also pored through the latest U.S.-China trade news as the two countries try to hammer out a permanent deal. The 30-stock Dow gained 29 points at the open, led by Boeing. The S&P 500 and Nasdaq … Read more
U.S. stock index futures rose sharply on Friday as Netflix and Intel were poised to lead a strong rebound in tech stocks. At around 8:35 a.m. ET, Dow Jones Industrial Average futures indicated a gain of about 230 points at the open. Futures on the S&P 500 and Nasdaq 100 also pointed to a positive … Read more
Job creation ended 2018 on a powerful note, with nonfarm payrolls surging by 312,000 in December though the unemployment rate rose to 3.9 percent. The jobless rate, which was last higher in June, rose for the right reason as 419,000 new workers entered the workforce and the labor force participation rate increased to 63.1 percent. … Read more
Well that was quick. After a positive start to 2019, stocks slide and moved into negative territory for the year. You could say that today’s drop had everything to do with Apple. Yesterday, Apple (AAPL) cut revenue forecasts for 2019 after the bell. And today the stock was hammered with a 10% loss. It was the biggest … Read more
It’s going to be a tough day for technology stocks on Thursday after Apple warned first-quarter sales would be less than it previously expected. The broader stock market will suffer too as the iPhone maker blamed a slowing Chinese economy for the shortfall. Dow Jones Industrial Average futures pointed to a decline of 267 points … Read more