· European stocks were mixed Tuesday morning, after stronger-than-anticipated factory activity surveys from the U.S. and China eased concerns over the global economy.
The pan-European Stoxx 600 index was flat shortly after the opening bell, with sectors and major bourses pointing in opposite directions.
· Asia shares extended their rally on Tuesday as positive factory activity surveys from China and the United States provided a much-needed boost to investor confidence.
MSCI’s broadest...
· Stocks rose on Friday amid renewed optimism on the progress of trade talks between Washington and Beijing as Wall Street wrapped up a stellar quarter.
The Dow Jones Industrial Average closed 211.22 points higher at 25,928.68 as Boeing, UnitedHealth and Caterpillar outperformed. The S&P500 advanced 0.7 percent to 2,834.40, led by the industrials and health care sectors. The Nasdaq Composite climbed 0.8 percent to 7,729.32.
· U.S. officials said China had made proposals on a range of issues...
· Weekly Equity Outlook: Dow Jones Eyes Breakout
The Dow Jones Industrial Average looks like it is gearing up for another push higher. The US equity index comprised of the largest 30 domestic companies rose back above major confluence around the 78.6 percent Fibonacci retracement line drawn from the respective high and low in October and December of last year.
Moreover, DJIA was able to reclaim its 20-day simple moving average this week which could further support additional upside over the...
· Stocks rose on Thursday as trade talks between China and the U.S. restarted, but fears that the economy may be slowing down persisted.
The Dow Jones Industrial Average rose 91.87 points to 25,717.46 as shares of Nike and J.P. Morgan Chase outperformed. The S&P 500 gained 0.4 percent to 2,815.44. The broad index is also headed for its best first-quarter performance since 1998, rising 12.3 percent. The Nasdaq Composite advanced 0.3 percent to close at 7,669.17.
· European shares traded slightly...
· European shares are set to start Friday's session in positive territory, with investors hopeful of progress in U.S.-China trade talks.
Britain's FTSE 100 is seen 30 points higher at 7,263, Germany's DAX 41 points higher at 11,472 and France's CAC up 28 points to 5,323, according to IG index data.
Market players turned their focus to trade negotiations between Washington and Beijing on Friday, after fears of a potential U.S. recession put global equities under pressure earlier in the week...
· Stocks fell on Wednesday after a closely watch interest rate fell to its lowest level in more than a year as worries over a possible economic slowdown lingered.
The Dow Jones Industrial Average ended the day down 32.14 points at 25,625.59 and fell as much as 232.46 points. The S&P 500 declined 0.5 percent to 2,805.37. The Nasdaq Composite closed 0.6 percent lower at7,643.38 as a 0.9 percent gain in Apple was overshadowed by losses in Facebook, Amazon, Netflix and Alphabet.
· The benchmark...
· European shares opened mixed Thursday after a report said the U.S. and China are making swift progress in trade talks.
The pan-European Stoxx 600 index was flat in early morning trade, with sectors and major bourses pointing in opposite directions.
· Global bond yields continued to spiral lower in Asia on Thursday as recession fears fed expectations of more policy easing by major central banks, though some share markets in the region did manage to steady after an early sell off.
MSCI’s...
· Stocks rose on Tuesday, but sentiment on Wall Street was dampened by lingering fears that the economy is slowing down.
The Dow Jones Industrial Average closed 140.90 points higher at 25,657.73. The 30-stock index rose as much as 279.46 points earlier in the day. The S&P 500 closed up 0.7 percent at 2,818.46 — notching its first gain in three sessions — after trading 1.1 percent higher at its high of the day. The Nasdaq Composite gained 0.7 percent to close at 7,691.52.
· European equities...
· European stocks opened higher on Wednesday, with investors still unnerved by fears of a potential U.S. recession.
The pan-European Stoxx 600 index rose 0.2 percent at the open, with most sectors and major bourses in positive territory. The U.K.'s FTSE 100 was the top performer, up 0.3 percent, as the British pound weakened.
Market players are taking a cautious stance as worries of a slowdown in economic growth linger. U.S. bond markets have in recent days signaled a U.S. recession may be...
· The Dow Jones Industrial Average eked out a small gain on Monday after news that the special counsel found no collusion with Russia on the part of President Donald Trump. However, gains in the broader market were capped as worries over the global economy lingered.
The 30-stock Dow closed 14.51 points higher at 25,516.83 as Boeing outperformed. The S&P 500 declined 0.1 percent to 2,798.36, led lower by the financials and tech sectors. The index also closed below 2,800 for the first time since...
· European equities were slightly higher Tuesday morning as fears over a possible recession faded and investors concentrated on corporate news.
The pan-European Euro Stoxx 600 Index was higher by 0.1 percent in early deals. Most major bourses and sectors were higher with oil stocks leading the gains. The price of the commodity rose on Tuesday morning amid ongoing supply cuts.
· Asian shares drifted higher on Tuesday after two days of losses as U.S. 10-year Treasury yields edged up, but the...
· Stocks tumbled on Friday as global growth fears and the Federal Reserve's more cautious economic forecast sparked investor angst into the weekend.
The Dow Jones Industrial Average sank to its session lows heading into the close and finished down 460.19 points at 25,502.32. Bank stocks led the decline thanks to a sharp pullback in long-term Treasury yields. The S&P500 fell 1.9 percent to 2,800.71, its biggest one-day drop since Jan. 3. The Nasdaq Composite declined 2.5 percent to 7,642.67...
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S&P 500 TECHNICAL ANALYSIS
Using futures to show after-hours trade, the S&P 500 had its worst day this year so far as prices formed a bearish engulfing at the recent top. Negative RSI divergence accompanied the indexes’ push above key resistance at 2824, showing fading upside momentum. This may precede a turn lower towards support at 2726, especially given confirmation of another close to the downside.
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S&P 500 CHART SIGNALS RISK AVERSION AHEAD
Signs of topping in the S&P 500 stock...
· Stocks rose on Thursday as Apple and Micron surged to lead the tech sector higher. Investor sentiment was also boosted by the Federal Reserve's updated outlook on interest-rate hikes.
The Dow Jones Industrial Average closed 216.84 points higher at 25,962.51 as a 3.7 percent gain in Apple offset a decline of 1.6 percent in J.P. Morgan Chase. The S&P 500 closed 1.1 percent higher at 2,854.88 while the Nasdaq Composite outperformed, rising 1.4 percent to 7,838.96.
· Stocks in Asia traded higher...
· Asian shares hit 6-1/2-month highs on Friday after upbeat U.S. data and optimism in the tech sector lifted Wall Street stocks, helping calm some of the jitters sparked by the Federal Reserve’s cautious outlook on the world’s biggest economy.
MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.3 percent, led by 0.5 percent gains in the info tech sector, while Japan’s Nikkei bucked the trend and lost 0.2 percent.
“I’d think optimism in the tech sector is the biggest...
· The Dow Jones Industrial Average and S&P 500 closed lower on Wednesday after the Federal Reserve’s latest monetary-policy announcement dragged Treasury yields lower, pushing bank shares down.
Goldman Sachs led the 30-stock Dow to end the day down 141.71 points at 25,745.67. The S&P 500 closed 0.3 percent lower at 2,824.23. The Nasdaq Composite eked out a gain, closing 0.1 percent higher at 7,728.97.
The Fed forecast no rate hikes in 2019, and that is down from two hikes forecast earlier...
· European stocks opened slightly lower Thursday morning, after the U.S. Federal Reserve took a more accommodative stance at its policy meeting.
The pan-European Stoxx 600 was down around 0.2 percent shortly after the opening bell, with most sectors and major bourses in negative territory.
· Shares in Asia rose on Thursday after the U.S. Federal Reserve abandoned forecasts for any interest rate hikes this year, but concerns over U.S.-China trade talks and slowing global growth continued to...
· The Dow Jones Industrial Average closed lower for the first time in five days on Tuesday, led by declines in Apple, while investors puzzled over conflicting reports over the progress of U.S.-China trade negotiations.
The 30-stock Dow fell 26.72 points to 25,887.38. Apple was among the worst performers in the index, sliding 0.8 percent. The S&P 500 ended the day just below breakeven at 2,832.57 while the Nasdaq Composite closed0.1 percent higher at 7,723.95. Both the S&P 500 and Nasdaq rose...
· U.S. stock index futures traded mixed on Wednesday as investors await a policy decision by the U.S. Federal Reserve.
At 03:00 a.m. ET, Dow futures traded 12 points higher, pointing a fairly flat open. Futures in S&P 500 and Nasdaq were trading mixed.
Market focus is largely attuned to global trade developments, amid media reports of U.S. concerns that China is pushing back against American demands in trade talks.
U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin...
· Stocks rose on Monday as Amazon and Apple outperformed, but gains were kept in check amid pressure from Boeing and Facebook, while investors braced for a busy week highlighted by a key Federal Reserve meeting.
The S&P 500 closed 0.4 percent higher at 2,832.94 as the energy and financials sectors rose more than 1 percent each. The Nasdaq Composite also gained 0.3 percent to close at 7,714.48 as Amazon rose more than 1.5percent. The Dow Jones Industrial Average advanced 65.23 points to 25...