• Stocks in Europe traded slightly higher on Monday morning, taking
cue
from Asia, where trade between U.S. and China was the biggest focus.
The pan-European Stoxx 600 was up by 0.4 percent with almost every sector in positive territory.
• · Asian shares sped ahead on Monday as a dovish turn by the Federal Reserve and startlingly strong U.S. jobs data soothed some of the market’s worst fears about the global outlook.
Chinese stocks firmed after the country’s central bank announced...
• U.S. stocks fell sharply on Thursday following a dire quarterly warning from Apple. The iPhone maker blamed a slowing Chinese economy for the shortfall, intensifying fears that the global economy may be slowing down because of the ongoing trade war.
A weaker-than-expected reading on U.S. manufacturing added to those fears.
The Dow Jones Industrial Average dropped 660.02 points, or 2.8 percent, to 22,686.22 as Apple shares led the decline. The 30-stock index tumbled to its low of the day right...
•· The slowdown in China and turmoil in stock and currency markets
is
making investors nervous, including in oil markets.
·
European markets opened lower after a revenue guidance cut from Apple added to fears of a slowdown in global economic growth.
Britain’s FTSE
100
was seen down
18
points at
6
,
706
, Germany’s DAX off by
46
points at
10
,
530
, and France’s CAC
19
points lower at
4
,
662
, according to IG index data
·
Major stocks indexes in Asia...
• U.S. stocks posted slight gains on Wednesday after a volatile session kicked off 2019.
The Dow Jones Industrial Average closed 18.78 points higher at 23,346.24 after dropping nearly 400 points earlier in the day. The S&P 500 gained 0.1percent to close at 2,510.03 while the Nasdaq Composite climbed 0.46 percent to 6,665.94. At their lows of the day, both the S&P 500 and Nasdaq were both down more than 1 percent. Volatility was rampant in December as the S&P 500 posted its worst December since...
•· The slowdown in China and turmoil in stock and currency markets
is
making investors nervous, including in oil markets.
·
European markets opened lower after a revenue guidance cut from Apple added to fears of a slowdown in global economic growth.
Britain’s FTSE
100
was seen down
18
points at
6
,
706
, Germany’s DAX off by
46
points at
10
,
530
, and France’s CAC
19
points lower at
4
,
662
, according to IG index data
·
Major stocks indexes in Asia...
•The Dow Jones Industrial Average closed slightly lower on Friday as Wall Street concluded a roller-coaster week.
The 30-stock index ended the day down 76.42 points at 23,062.40. At its high of the day, it rose as much as 243.06 points; it fell as much as 155.26 points. The S&P 500 closed 0.1 percent lower at 2,485.74, led by losses in the energy sector, after rising as much as 1.26 percent. The Nasdaq Composite eked out a gain of 0.1 percent to end at
6,584.52,
but closed well off its session...
There's a good chance that what ailed the market in
2018
could reverse sometime in
2019
, providing strong tailwinds for stocks, some strategists said.
After the worst December since
1931
and the worst year since the financial crisis, stocks enter
2019
tentatively but still susceptible to the volatility that resulted in historic intraday swings in late December. The S&P
500
, trading at about
2
,
495
, is down
6.6
percent for the year, and down
9.6
percent in December alone.
In the final...
•There's a good chance that what ailed the market in 2018 could reverse sometime in 2019, providing strong tailwinds for stocks, some strategists said.
After the worst December since 1931 and the worst year since the financial crisis, stocks enter 2019 tentatively but still susceptible to the volatility that resulted in historic intraday swings in late December. The S&P 500, trading at about 2,495, is down 6.6 percent for the year, and down 9.6 percent in December alone.
In the final quarter...
• U.S. stocks roared back to end in positive territory on Thursday following steep losses for much of the session, as equities rebounded for a second day.
The Dow Jones Industrial Average .DJI rose 260.37 points, or 1.14 percent, to 23,138.82, the S&P 500 .SPX gained 21.13 points, or 0.86 percent, to 2,488.83 and the Nasdaq Composite .IXIC added 25.14 points, or 0.38 percent, to 6,579.49.
Even so, all three major indexes remain down more than 9 percent for December. The S&P 500 is on track for...
•The Dow Jones Industrial Average surged more than 1,000 points for the first time on Wednesday, leading a broad Wall Street rebound after a report that holiday sales were the strongest in years helped mollify concerns about the health of the economy.
In a dramatic session that also saw the benchmark S&P 500 come within a whisker of dropping into
bear
market territory, oil prices surged, boosting sentiment for risk assets such as stocks and underpinning a 6.2 percent gain for energy shares...
·
European markets were higher Thursday morning after U.S. stocks saw their best performance in almost a decade on Wednesday.
The pan-European Euro Stoxx
600
index rose
0.4
percent, with markets in the region reopening after the Christmas holidays. Germany's DAX and the Italian FTSE MIB bucked the trend by pushing lower, but both markets missed out on heavy losses seen Monday when both bourses were shut.
·
Asian shares on Thursday rode a dramatic surge on Wall Street...
Volatility on Wall Street has led shares across the globe on a wild ride in recent months, resulting in a number of stock markets dipping into bear territory. That's set to worsen in the new year, experts told CNBC on Monday.
Bear markets — typically defined as 20 percent or more off a recent peak — are threatening investors worldwide. In the U.S., the Nasdaq Composite closed in a bear market on Friday and the S&P 500 entered one on Monday. Globally, Germany's DAX, China's Shanghai Composite...
•· Volatility on Wall Street has led shares across the globe on a wild ride in recent months, resulting in a number of stock markets dipping into bear territory. That's set to worsen in the new year, experts told CNBC on Monday.
"I would love to be more optimistic but
i
just don't see too many positives out there. I think the worst is yet to come next year, we're still in the first half of a global equity bear market with more to come next year," Mark Jolley, global strategist...
• A “bear market” is when stocks see a 20 percent decline or more from a recent high — but they’re also marked by overall pessimism on Wall Street.
Since World War II, bear markets have lasted 13 months on average, and stock markets tend to lose 30.4 percent of their value.
During those
conditions
it usually takes stocks an average 22 months to recover, according to analysis from Goldman Sachs and CNBC.
• Japan’s Nikkei retreated to a 20-month low on Tuesday after a...
•I sat down with UBS’ Art Cashin at the bar at Bobby Van’s
steakhouse
across the street from the NYSE for our annual look back/look ahead.
Art and I both agree that the big story for 2018 was the return of volatility.
Here are Art’s thoughts on what’s in store for 2019.
On the Federal Reserve and rates:
“I think perhaps the Fed will not hike ever again in 2019. ... If you go back and look at what I said both in our interview and with
you
time and time again, I have been a bear...
Chinese stocks took a beating this year, but a recovery may not come until the second half of 2019, experts say.
The Shanghai composite and main Shenzhen index are down more than 20 and 30 percent, respectively, this year. That puts Chinese stocks among the worst performers globally, where the S&P 500 is off by more than 6 percent, Japan's Nikkei 225 is down more than 9 percent and the German DAX has lost some 16.6 percent so far this year.
"There's really not much impetus for the market to...
·
European stocks are set to open lower Friday morning, with the prospect of further hikes in U.S. borrowing costs prompting investors to rush out of crowded trades.
The FTSE
100
is seen
17
points lower at
6
,
694
, the CAC is expected to open down around
14
points at
4
,
678
, while the DAX is poised to start
54
points lower at
10
,
557
, according to IG.
·
Global stocks were sinking in a sea of red on Friday as the threat of a U.S. government shutdown and of...
·
U.S. stocks sank Wednesday in a wild session after the Federal Reserve raised its benchmark overnight lending rate for the fourth time this year.
The Dow Jones Industrial Average fell
351.98
points and closed at its lowest level so far this year at
23,323.66
, erasing a
380
point gain that came prior to the Fed decision. The broad S&P
500
index also closed at a
2018
low, falling
1.5
percent to finish at
2,506.96
as technology and banks stocks rolled over. The Nasdaq...
• European markets opened lower on Thursday after the U.S. Federal Reserve raised rates for the fourth time in 2018.
The pan-European STOXX 600 was 0.6 percent lower shortly after the opening bell, with all sectors and major bourses in negative territory.
Officials at the Federal Reserve voted to hike interest rates by 0.25 percent on Wednesday, although President Donald Trump had been pressing the central bank for a more dovish policy outlook.
• Asian shares slid on Thursday after the U.S....
•The dollar fell to a one-week low on Tuesday as investors unwound long bets on the currency, anticipating the Federal Reserve could slow the pace of U.S. interest rate hikes after this week’s policymaking meeting.
The dollar index fell 0.09 percent lower at 97.01 at 12:55 p.m. ET, after earlier sliding to its weakest since Dec 10.
With the prospect of a “dovish rate hike” keeping the dollar in check, the euro on Tuesday rose 0.16 percent to $1.1364. It has recovered all of...