• Stocks closed a volatile month with strong gains on Friday on renewed bets the U.S. and China could strike a deal on trade.
The Dow Jones Industrial Average rose 199.62 points to close at 25,538.46. The S&P 500 and Nasdaq Composite both gained 0.8 percent to close at 2,760.17 and 7,330.54, respectively. Stocks wobbled for most of the session until Reuters reported that a Chinese official said "consensus is steadily increasing" in U.S.-China trade talks. The official added, according...
• U.S. stock index futures jumped on Sunday, suggesting Wall Street was set rise further after its biggest weekly gain last week in nearly seven years as China and the United States agreed to shelve any new tariffs and reset discussions.
S&P 500 e-mini futures ESc1 were up 1.6 percent on high contract volume after trading resumed for the week at 6 p.m. (2300 GMT). Dow Jones Industrial Average e-mini futures 1YMc1 rose 1.8 percent, while Nasdaq 100 e-mini futures NQc1 jumped nearly 2 percent...
·
The Dow Jones Industrial Average fell
27.59
points to
25,338.84
, snapping a three-day winning streak. The S&P
500
slipped
0.2
percent to
2,737.83
and also closed lower for the first time in four days. The Nasdaq Composite dropped
0.25
percent to
7,273.08.
·
The South China Morning Post reported White House advisor Peter Navarro would be attending the dinner between President Donald Trump and Chinese leader Xi Jinping in Buenos Aires at the G-
20.
CNBC later...
•
European stocks hovered around the flatline Friday morning, as key leaders congregated for a major event in Argentina.
The pan-European Stoxx
600
was flat with the different sectors struggling to make clear gains.
·
Asian shares wavered on Friday as investors were on edge before a crucial weekend meeting between the Chinese and U.S. presidents that could determine the course of a heated trade war over the next year.
MSCI’s broadest index of Asia-Pacific...
·
Stocks ripped higher on Wednesday after Federal Reserve Chairman Jerome Powell said interest rates are close to neutral, a change in tone from remarks the central bank chief made nearly two months ago.
The Dow Jones Industrial Average climbed
617.70
points, or
2.5
percent, to
25,366.43
, posting its biggest one-day gain since March
26.
The
30-
stock index also notched its second-best day of the year and is up more than
1,000
points for the week.
The S&P
500
jumped
2...
·
European stocks open higher on Thursday, after a key speech by Federal Reserve Chair Jay Powell.
The pan-European Stoxx
600
rose
0.7
percent and every sector was in the black.
·
Asian stocks rose on Thursday, tracking gains on Wall Street, after the chairman of the U.S. Federal Reserve suggested it may nearing an end to its three-year rate tightening cycle, boosting interest in riskier assets.
MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0...
• Stocks closed higher after a choppy session on Tuesday as comments from President Donald Trump's top economic advisor sparked some hope the U.S. and China will strike a compromise on trade.
The Dow Jones Industrial Average rose 108.49 points to 24,748.73, while the S&P 500 gained 0.3 percent to end the day at 2,682.20. The Nasdaq Composite just above the flatline at 7,082.70. At its low of the day, the Dow dropped more than 200 points.
• The indexes rose after National Economic Council Director...
· European stocks opened higher Wednesday, as investors looked ahead to an all-important G-20 summit later this week.
The pan-European Stoxx 600 was up around 0.46 percent shortly after the opening bell, with most sectors and major bourses in positive territory.
As the latest G-20 summit draws closer, investors continue to closely monitor simmering tensions between the world's two largest economies. Earlier this week, President Donald Trump told the Wall Street Journal that it was "highly...
• U.S. stocks jumped on Monday as shares of some beaten-down tech companies rebounded after posting steep losses last week while General Motors shares climbed.
The Dow Jones Industrial Average rose 354.29 points to 24,640.24, posting its biggest gain since Nov. 7, while the S&P 500 gained 1.55 percent to end the day at 2,673.45. The Nasdaq Composite outperformed, rising more than 2percent to close at 7,081.85.
Shares of Facebook, Amazon, Apple, Netflix and Google-parent Alphabet all rose at...
• European stocks open mixed on Tuesday, on the back of a slightly positive, yet cautious tone seen in Asia-Pacific markets.
The pan-European Stoxx 600 was flat with the various sectors taking different directions.
Tit-for-tat trade war talk between China and the U.S. appears to be back on the agenda, after President Donald Trump gave his views on the matter in a recent interview with the Wall Street Journal. Speaking to the media outlet, the U.S. leader said that it was "highly unlikely"...
• Stocks fell on Friday as some of the most popular technology shares were under pressure once again, while a steep drop in oil prices also weighed on equities.
The Dow Jones Industrial Average dropped 178.74 points to 24,285.95 while the S&P 500 pulled back 0.65 percent to 2,632.56. The Nasdaq Composite dipped 0.5 percent to close at 6,938.98. The Dow and S&P 500 posted their worst Black Friday performance since 2010. The Nasdaq had its worst Black Friday since 2011.
For the week, the major...
• Europe began Monday's session on a positive note, with investors digesting fresh news surrounding Brexit, while keeping a close eye on the oil market.
The pan-European STOXX 600 started the session up 0.92 percent, with all major bourses and sectors trading in the black.
• Asian stocks and U.S. equity futures posted modest gains on Monday on hopes of solid U.S. holiday sales, though risk appetite was tempered as plunging oil prices fanned worries about the global economic outlook.
MSCI's broadest...
·
European stocks opened mixed Friday morning, as investors cautiously managed hopes for progress in Brexit negotiations.
The pan-European Stoxx
600
was little changed from the previous session shortly after the opening bell, with sectors and major bourses pointing in opposite directions.
With U.S. markets closed overnight for Thanksgiving and Japan on holiday Friday, trading activity is expected to be relatively muted on Friday.
·
Stocks in Asia mostly slipped on Friday...
• The Dow Jones Industrial Average ended flat at 24,464.69, the S&P 500 gained 8.04 points, or 0.30 percent, to 2,649.93 and the Nasdaq Composite added 63.43 points, or 0.92 percent, to 6,972.25.
The S&P 500 ended higher on Wednesday after a brutal two-day selloff, led by a rebound in energy and technology shares, but the market faltered toward the session’s end as Apple shares surrendered gains ahead of the Thanksgiving holiday.
• The U.S. stock market will be closed on Thursday for Thanksgiving...
·
The dollar drifted lower in Asian trade on Thursday as demand for safe haven currencies remained subdued after a rebound in global equities, while the euro strengthened on hopes for a resolution of Italy's budget dispute.
The dollar had been actively bid over the last two trading sessions as risk appetite receded on fears over a global growth slowdown and the U.S.-Sino trade conflict.
The dollar index, a measure of its value versus six major peers, eased
0.1
percent to
96.62...
·
The Dow Jones Industrial Average and S&P
500
fell sharply on Tuesday and turned negative for the year as a decline in Target shares pressured retailers, while some of the most popular tech shares dropped again.
The
30-
stock Dow dropped
551.80
points to
24
,
465.64
and the S&P
500
plunged
1.8
percent to close at
2
,
641.89.
The Dow and S&P
500
were up
1.2
percent and
0.6
percent, respectively, for
2018
entering Tuesday. Meanwhile, the Nasdaq Composite also dropped ...
The Dow plunge isn't anywhere near done. At least, not according to chief financial officers at major corporations.
More than half of the members of the CNBC Global CFO Council think the Dow Jones Industrial Average will fall below 23,000 — roughly 2,000 points from its current level — before the stock market barometer is ever able to top the 27,000 level. The 23,000 level would equate to another 8 percent in decline among the Dow group of stocks before the selling stops. The Dow dropped by...
·
The Dow plunge isn't anywhere near done. At least, not according to chief financial officers at major corporations.
More than half of the members of the CNBC Global CFO Council think the Dow Jones Industrial Average will fall below
23
,
000
— roughly
2
,
000
points from its current level — before the stock market barometer is ever able to top the
27
,
000
level. The
23
,
000
level would equate to another
8
percent in decline among the Dow group of stocks before the...
• Stocks dropped sharply on Monday as the biggest and most popular technology stocks plunged. Facebook and Apple led the losses.
The Dow Jones Industrial Average fell 395.78 points to 25,017.44. The S&P 500 dropped 1.7 percent to 2,690.73 as the technology sector pulled back 3.8 percent. The tech-heavy Nasdaq Composite lagged, falling 3 percent to close at 7,028.48 as Amazon dropped 5.1 percent.
Apple led tech shares lower after The Wall Street Journal reported the company has cut production...
·
European stocks opened lower on Tuesday, as investors keep abreast of market news and await any further developments surrounding Brexit.
The pan-European Stoxx
600
is down
0.4
percent, with all major stock indexes in negative territory.
·
Asian stock markets skidded on Tuesday and Europe was expected to follow, pressured by sharp losses on Wall Street as technology firms tumbled on worries about slackening demand.
MSCI’s broadest index of Asia-Pacific shares outside...