• The Dow Jones Industrial Average .DJI fell 13.83 points, or 0.06 percent, to 25,044.29, the S&P 500 .SPX gained 5.15 points, or 0.18 percent, to 2,806.98 and the Nasdaq Composite .IXIC added 21.68 points, or 0.28 percent, to 7,841.87.
The benchmark U.S. S&P 500 index and the Nasdaq index rose on Monday as a jump in 10-year bond yields boosted financial sector stocks and investors anticipated continued strength in corporate earnings and U.S. economic growth.
• Analysts now forecast profit growth...
• European markets traded higher on Tuesday, bouncing back from the weaker trade seen in the previous session.
The pan-European Stoxx 600 was up by 0.33 percent with almost every sector in the black. Autos and basic resources were the top performers in early deals, up by around 2 percent, as investors took a break from trade woes.
• Japan’s Nikkei share average bounced on Tuesday, trimming losses from the previous day as the yen’s rally stalled and shored up exporters, while upbeat forecasts...
·
The Dow Jones Industrial Average .DJI fell
6.38
points, or
0.03
percent, to
25
,
058.12
, the S&P
500 .
SPX lost
2.66
points, or
0.09
percent, to
2
,
801.83
and the Nasdaq Composite .IXIC dropped
5.10
points, or
0.07
percent, to
7
,
820.20.
U.S. stocks ended slightly lower on Friday as escalating trade anxieties driven by U.S. President Donald Trump’s latest tariff threats against China offset a string of robust earnings led by Microsoft.
·
Asian...
·
European markets started Monday’s session on a negative note, mimicking weaker trading in markets overseas.
The pan-European Stoxx
600
was off by
0.35
percent with every sector trading in red. Auto stocks were the worst performers, down by
1.3
percent, as trade concerns weighed on sentiment. European Commission President Jean-Claude Juncker is heading to the White House this week in an attempt to persuade the U.S. not to impose tariffs on European carmakers. The meeting...
• The Dow Jones Industrial Average .DJI fell 134.79 points, or 0.53 percent, to 25,064.5, the S&P 500 .SPX lost 11.13 points, or 0.40 percent, to 2,804.49 and the Nasdaq Composite .IXIC dropped 29.15 points, or 0.37 percent, to 7,825.30.
U.S. stocks dropped on Thursday after earnings disappointed and trade jitters escalated over worries that the European Union could slap retaliatory tariffs on goods imported from the United States.
• Officials from the EU Trade Commission, due in Washington...
• The S&P 500 pulled back a little bit during the trading session on Thursday initially, but found enough support at the 2800 level to turn around and form a hammer. This is obviously a very bullish sign, but I believe that there is a lot of supply near the 2825 handle, so it’s not until we break above there that I think the market will take off to the upside, so in the short term we may continue to see volatility and sideways action overall. I’d be a buyer of dips, and I think there is...
• The S&P 500 rose to its highest in more than five months and the Dow climbed for a fifth session on Wednesday as solid earnings boosted financial and industrial stocks and reinforced expectations for a strong second-quarter reporting season.
The Dow Jones Industrial Average .DJI rose 79.4 points, or 0.32 percent, to 25,199.29, the S&P 500 .SPX gained 6.07 points, or 0.22 percent, to 2,815.62 and the Nasdaq Composite .IXIC dropped 0.67 point, or 0.01 percent, to 7,854.44.
• S&P 500 earnings...
• The S&P 500 initially has gone sideways in the CFD market, and as the Americans are starting their workday, it looks likely that we are going to go higher. I think that the 2800 level continues to be a major level, and I think that the 2800 level should have plenty of importance attached to it, and I believe that the support runs down to the 2790 handle as well. Overall, I think that the market participants will continue to be looking for value on dips, and I do think that eventually we will...
• The Dow Jones Industrial Average .DJI rose 55.53 points, or 0.22 percent, to end at 25,119.89, the S&P 500 .SPX gained 11.12 points, or 0.40 percent, to2,809.55 and the Nasdaq Composite .IXIC added 49.40 points, or 0.63 percent, to 7,855.12.
Wall Street stocks rose on Tuesday, with the Dow Jones Industrial Average posting its fourth consecutive session of gains after Federal Reserve Chairman Jerome Powell expressed an optimistic U.S. economic view and solid earnings bolstered the outlook for...
·
“The S&P has finally broken to the upside through
2,800
out of the range that has confined it for most of this year, and this could now be the start of a grind higher in global equities over the next few weeks,” wrote analysts at JPMorgan in a note.
Next stop is the all-time top of
2
,
872
from January.
·
European shares traded higher Wednesday morning, carrying on the positive sentiment seen overnight on Wall Street.
The pan-European Stoxx
600
was ...
• The Dow Jones Industrial Average .DJI rose 44.95 points, or 0.18 percent, to 25,064.36, the S&P 500 .SPX lost 2.88 points, or 0.10 percent, to 2,798.43 and the Nasdaq Composite .IXIC dropped 20.26 points, or 0.26 percent, to 7,805.72.
The S&P 500 ended slightly lower on Monday following a drop in oil prices that weighed on energy shares and offset a jump in financials as Bank of America’s results reinforced expectations of a strong U.S. earnings season.
• Asian stocks were subdued early...
·
The S&P 500 was very slow at the open on Monday, as the 2800 level continues to be an area of interest. I believe that there are buyers underneath though, and that there are enough value hunters down there to turn things around eventually.
If we break down below the 2770 handle, then I think we reset back to the 2740 level, but right now I think it’s more likely that we consolidate in a short-term range, so if you have the ability to trade short-term charts in a range bound...
• The Dow Jones Industrial Average rose 94.52 points, or 0.38 percent, to 25,019.41, the S&P 500 gained 3.02 points, or 0.11 percent, to 2,801.31 and the Nasdaq Composite added 2.06 points, or 0.03 percent, to 7,825.98.
The S&P 500 posted its highest closing level since Feb. 1. The index is now just 2.5 percent from its Jan. 26 record closing high and up 4.8 percent for the year so far.
U.S. stocks rose slightly on Friday, putting the S&P 500 at its highest closing level in more than five months...
• E-mini S&P 500 Index futures finished higher last week as investors shrugged off concerns over the escalating trade tensions between the United states and China and decided to focus on second-quarter earnings and revenue reports as well as U.S. economic data.
A sustained move over 2793.00 will indicate the presence of buyers. If this move generates enough upside momentum then look for buyers to challenge the main top at 2814.00. Taking out this level will signal a resumption of the uptrend...
·
The Dow Jones Industrial Average rose
224.44
points, or
0.91
percent, to
24
,
924.89
, the S&P
500
gained
24.27
points, or
0.87
percent, to
2
,
798.29
and the Nasdaq Composite added
107.31
points, or
1.39
percent, to
7
,
823.92.
U.S. stocks climbed on Thursday as top technology names hit record highs and industrials rebounded from losses driven by trade worries the day before.
·
Earnings will take center stage Friday, when some big Wall Street banks,...
·
The S&P
500
of course has rallied into the session on Thursday, but I see a lot of resistance at the
2800
level. That being said, if we can break above the
2800
level, the market is free to go much higher. Otherwise, I would anticipate a pullback again closer to that level, as I see a high probability of volume picking up in that area to the downside. If we do break above
2800
level, then the market is probably going to go looking towards
2825
, and then eventually the ...
• The Dow Jones Industrial Average fell 219.21 points, or 0.88 percent, to 24,700.45, the S&P 500 lost 19.82 points, or 0.71 percent, to 2,774.02 and the Nasdaq Composite dropped 42.59 points, or 0.55 percent, to 7,716.61.
U.S. stocks fell on Wednesday, breaking a four-session streak of gains after Washington’s threat to impose tariffs on an additional $200 billion worth of Chinese goods fanned trade war fears, while a sharp drop in oil prices hit energy shares.
• To view a graphic on...
• The S&P 500 initially fell during trading on Wednesday, as it was announced late on Tuesday that the Americans would be looking to add $200 billion worth of tariffs on Chinese goods. However, we have seen a bit of resiliency during the day, and it looks as if the buyers still look to take advantage of dips.
The S&P 500 has been very noisy overall lately, but when you look at the chart, it’s obviously a bullish market over the longer-term. I think that the market looks likely to find...
• The Dow Jones Industrial Average rose 143.07 points, or 0.58 percent, to 24,919.66, the S&P 500 gained 9.67 points, or 0.35 percent, to 2,793.84, and the Nasdaq Composite added 3.00 points, or 0.04 percent, to 7,759.20. The S&P’s close was its highest since Feb. 1.
The S&P 500 rose on Tuesday to post its highest closing level since Feb. 1, the day before the market began a sharp extended selloff, as strong results from PepsiCo boosted optimism about the earnings season.
• To view a graphic...
• European shares open sharply lower on Wednesday morning after U.S. authorities unveiled a new list of Chinese products that could see new tariffs.
The pan-European Stoxx 600 was off by 0.8 percent with all sectors in the red.
• A sell-off in Chinese markets knocked Asian stocks on Wednesday as U.S. threats of tariffs on an additional $200 billion worth of Chinese goods pushed the world’s two biggest economies ever closer to a full-scale trade war.
MSCI’s broadest index of Asia-Pacific...