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European stocks edged higher Friday morning following U.S.-China trade talks and ahead of a key speech by Jerome Powell, the chair of the U.S. Federal Reserve.
The pan-European Euro Stoxx
600
index was marginally higher in early deals, with global markets showing little direction.
Fed Chairman Powell is expected to give a speech at
10
a.m. ET (
5
p.m. London time). The address comes after recent comments from President Donald Trump that he wasn't thrilled with the work of the...
• The Dow Jones Industrial Average .DJI fell 88.69 points, or 0.34 percent, to 25,733.6, the S&P 500 .SPX lost 1.14 points, or 0.04 percent, to 2,861.82 and the Nasdaq Composite .IXIC added 29.92 points, or 0.38 percent, to 7,889.10.
U.S. stocks were mixed on Wednesday, with the Nasdaq gaining on the strength of tech stocks while the S&P 500 was little changed as it marked its longest bull-market run.
• Asia markets opened cautiously as investors look to the trade talks between Beijing and Washington...
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Stocks are shrugging off the latest news from the investigation into President Donald Trump's campaign even though his former lawyer said Trump ordered him to pay off a porn star in an effort to effect the outcome of the election.
Strategists said so far there is nothing impeachable in any of the findings that came out either in the guilty plea by attorney Michael Cohen or in the charges against former campaign chairman Paul Manafort, found guilty of bank and tax fraud by a jury...
• The benchmark S&P 500 touched a record high on Tuesday and equaled its longest-ever bull-market run, buoyed by strong earnings reports in the consumer sector and relative calm in the trade dispute between the United States and China.
The S&P 500 .SPX rose as much as 0.6 percent to a record intraday high of 2,873.23 points, topping its previous record high of 2,872.87 on Jan. 26, though it closed below both those marks.
The Dow Jones Industrial Average .DJI rose 63.6 points, or 0.25 percent...
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European stocks were slightly lower Wednesday morning, as investors continued to monitor trade talks between the world's two largest economies.
The pan-European Stoxx
600
was down around
0.1
during early morning deals, with most sectors and major bourses in negative territory.
·
Asian stocks inched higher on Wednesday, with sentiment boosted by Wall Street’s rise and a record intraday high for the S&P
500
index, but political headlines in the U.S. and Australia...
• The Dow Jones Industrial Average .DJI rose 89.37 points, or 0.35 percent, to 25,758.69, the S&P 500 .SPX gained 6.92 points, or 0.24 percent, to 2,857.05 and the Nasdaq Composite .IXIC added 4.68 points, or 0.06 percent, to 7,821.01.
Wall Street’s major indexes rose on Monday on optimism over trade talks between the United States and China, though they fell from session highs after President Donald Trump criticized the Federal Reserve’s raising interest rates.
• Asia markets mostly fell...
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European stocks were slightly lower Tuesday morning, as comments from President Donald Trump weighed on the dollar and tested market optimism ahead of U.S.-China trade talks.
The pan-European Stoxx
600
was down around
0.1
percent shortly after the opening bell, with most sectors and major bourses in negative territory.
• Asian stocks rose on Tuesday, supported by hopes Beijing and Washington would dial back trade hostilities, though comments from the U.S. president about...
• The Dow Jones Industrial Average .DJI rose 110.59 points, or 0.43 percent, to 25,669.32, the S&P 500 .SPX gained 9.44 points, or 0.33 percent, to 2,850.13 and the Nasdaq Composite .IXIC added 9.81 points, or 0.13 percent, to 7,816.33.
U.S. stocks closed higher on Friday, with the S&P 500 and the Dow Jones Industrial Average extending gains and the Nasdaq turning positive on reports of progress in tariff disputes between the United States and its trading partners China and Mexico.
• Chinese...
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The S&P
500
has rallied again during the trading session on Friday, as traders celebrate the idea of the Chinese coming to the table. Because of this, we rallied again and filled the gap from earlier in the week. The question now is whether or not we can continue to go higher. I believe that the market continues to be very noisy overall, and I think that short-term pullbacks should be buying opportunities. I also recognize that the
2800
level should be massive support, and that...
• The Dow Jones Industrial Average .DJI rose 396.32 points, or 1.58 percent, to 25,558.73, the S&P 500 .SPX gained 22.32 points, or 0.79percent, to 2,840.69 and the Nasdaq Composite .IXIC added 32.41 points, or 0.42 percent, to 7,806.52.
U.S. stocks rebounded on Thursday with the Dow posting its biggest percentage gain in over four months, as positive earnings and waning trade jitters buoyed investor confidence.
• Asia markets traded in positive territory on Friday following a strong lead in...
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European stocks opened mixed on Friday morning, following news the U.S. and China have agreed to hold their first trade talks since June next week.
The pan-European Stoxx
600
was flat shortly after the opening bell, with sectors and major bourses pointing in opposite directions.
Market focus is largely attuned to Turkey's ongoing currency crisis, with a dramatic fall against the dollar earlier this week sparking fears of contagion and a sell-off in emerging markets.
·
Asian...
• The Dow Jones Industrial Average .DJI fell 137.51 points, or 0.54 percent, to 25,162.41, the S&P 500 .SPX lost 21.59 points, or 0.76 percent, to 2,818.37 and the Nasdaq Composite .IXIC dropped 96.78 points, or 1.23 percent, to 7,774.12.
Wall Street fell in a day of heavy trading on Wednesday with the S&P 500 posting its biggest percentage drop since late June as investors turned risk-averse on disappointing earnings and escalating global tariff worries.
• Equities around the world took a dive...
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The S&P 500 has had a horrible open to the Wednesday session, dropping down towards the 2800 level. This is an area that has been important more than once, so I think it’ll be interesting to see whether we find buyers in this area. The 2800 level will be crucial, and I do think that there is a lot of support there. If we get any stability whatsoever, it will be in this area. A bounce could be rather strong, but if we were to break down below the 2800 level on a daily close...
• The Dow Jones Industrial Average .DJI rose 112.22 points, or 0.45 percent, to 25,299.92, the S&P 500 .SPX gained 18.03 points, or 0.64 percent, to 2,839.96 and the Nasdaq Composite .IXIC added 51.19 points, or 0.65 percent, to 7,870.89.
Wall Street’s three major indexes rose on Tuesday with the S&P 500 posting its strongest gain in three weeks as a string of healthy earnings boosted investor optimism and a rebound in the Turkish lira eased contagion fears.
• World share markets rebounded...
• The S&P 500 has tried to rally during the day on Tuesday, reaching towards the 2838 handle, before pulling back again to test the 2830 level. At this point, the market has been consolidating between the 2840 level, and the 2820 level. I think that it is only a matter time before the market goes in one direction or the other. In the meantime, I think range bound trading will probably be what we expect to see, and that makes a lot of sense as there are major concerns globally.
A strengthening...
• The Dow Jones Industrial Average fell 125.44 points, or 0.5 percent, to 25,187.7, the S&P 500 lost 11.35 points, or 0.40 percent, to 2,821.93 and the Nasdaq Composite dropped 19.40 points, or 0.25 percent, to 7,819.71.
U.S. stocks dropped on Monday as global jitters from Turkey’s plummeting currency spread to Wall Street, with the S&P 500 and the Dow falling for the fourth session in a row.
A pledge by Turkey’s central bank to stabilize the plummeting lira failed to calm investors’ nerves...
• The S&P 500 was very noisy in premarket trading on Monday as fears about the US dollar strengthening too much because of the Turkish lira crashing gripped the market. There was also concern about European banks and whether or not there exposure to Turkey would be deadly. Beyond that, it’s also a concern that perhaps American banks are exposed to Turkish debt. Ultimately though, US exposure to Turkish debt seems to be rather limited, so it would not surprise me at all to find that this...
• The Dow Jones Industrial Average .DJI fell 74.52 points, or 0.29 percent, to 25,509.23, the S&P 500 .SPX lost 4.12 points, or 0.14 percent, to 2,853.58 and the Nasdaq Composite .IXIC added 3.46 points, or 0.04 percent, to 7,891.78.
The S&P 500 and Dow ended down slightly on Thursday as gains in Apple (AAPL.O) and Amazon (AMZN.O) were offset by losses in energy and financial shares.
• Asian stocks were mixed in early trade on the last trading day of the week, taking cues from Wall Street's...
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The S&P
500
rallied a bit during the trading session on Thursday, reaching towards the
2860
handle. The market down sellers at that level yet again, as it has been resistive for the past several days. By doing so, I think we are trying to consolidate underneath this resistance to continue to go higher. However, if we do pull back from here it’s likely that there should be plenty of support at
2850
, and then again at
2825.
I believe that there is a massive floor underneath...
• The Dow Jones Industrial Average fell 45.16 points, or 0.18 percent, to 25,583.75. The S&P 500 lost 0.75 points, or 0.03 percent, to 2,857.7 and the Nasdaq Composite added 4.66 points, or 0.06 percent, to 7,888.33.
The S&P 500 closed slightly lower on Wednesday as falling crude prices and trade jitters held markets in check.
• Asia traded mixed on Thursday morning after the U.S. market was mostly little changed overnight following the unveiling of new Chinese tariffs on American goods.
• Japan's...