Sunday, November 29

Tag: Stock Market Today

Dow Jones Futures: Trump Dictatorship And BlackLivesMatter Protest Plunged Trump’s Approval Rating, Stock Market Rally Unshakable; Brent Oil Tops $40 – Forbes
Stock News

Dow Jones Futures: Trump Dictatorship And BlackLivesMatter Protest Plunged Trump’s Approval Rating, Stock Market Rally Unshakable; Brent Oil Tops $40 – Forbes

Dow Jones futures are up despite the on-going riots, looting, and several nights of chaos in the U.S. The Dow Jones industrial average futures today are trading higher by over 100 points while the gold price remains weak, currently trading at $1,721. Speculators do believe that gold could skyrocket if the slogan “#Trumpdictatorship”, a highly popular and trending hashtag on Twitter yesterday, becomes a reality. This could happen if Trump calls for the full force of the U.S. military to crush riots. (Photo by Brent Stirton/Getty Images) Getty ImagesAre Stocks Overvalued?The Dow Jones index closed higher yesterday, scoring gains of 267 points. The S&P500 index jumped by 0.82%, and the Nasdaq NDAQ index went up by 0.61%. Investors are primarily focused on the reopening of th...
China and Europe ‘bailed our stock market out,’ Jim Cramer says – CNBC
Stock News

China and Europe ‘bailed our stock market out,’ Jim Cramer says – CNBC

Wall Street got a lift from encouraging information coming out of markets abroad, CNBC's Jim Cramer said Tuesday.The comments came after the Dow Jones rose about 267 points, or 1.05%, to 25,742.65, the S&P 500 increased 0.82% to 3,080.82, and the Nasdaq Composite advanced 0.59% at the close."Today our market was saved by strength overseas, for the first time in a long time. China and Europe bailed our stock market out," the "Mad Money" host said. "I'll take it."Despite the growing strife between the White House and those protesting police brutality nationwide, the American market caught a boost from a rally in the German market on a potential European stimulus measure, Cramer noted. Investors were also feeling bullish on the growth that China is seeing in auto sales and iron a...
Stocks rise to kick off June as investors continue to bet on the economy reopening – CNBC
Stock News

Stocks rise to kick off June as investors continue to bet on the economy reopening – CNBC

U.S. stocks rose on Monday to start off the new month amid increasing hope of a successful reopening of the economy. Those gains come after back-to-back monthly increases for stocks. The Dow Jones Industrial Average gained 91.91 points, or 0.4%, to close at 25.475.02. The S&P 500 climbed 0.4% to 3,055.73 while the Nasdaq Composite added 0.7% to end the session at 9,552.05. The S&P 500 closed at its highest level since early March while the Nasdaq ended the session at levels not seen since late February. "Equity markets continue to display remarkable resilience in the face of a constant barrage of troubling developments, with investors continuing to focus on the positive signs of reopening," said Mark Hackett, chief of investment resear...
Stock market news live updates: Stocks slightly higher amid unrest, US-China tensions – Yahoo Money
Stock News

Stock market news live updates: Stocks slightly higher amid unrest, US-China tensions – Yahoo Money

Stocks were slightly positive Monday, steadying against a backdrop of protracted protests in some of the nation’s largest cities, many of which had already been struggling to reopen amid the coronavirus outbreak. <p class="canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm" type="text" content="[Click here to read what’s moving markets heading into Tuesday, June 2]" data-reactid="17">[Click here to read what’s moving markets heading into Tuesday, June 2]<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm" type="text" content="Market participants also eyed tensions between the U.S. and China, after Bloomberg and Reuters reported China had ordered some state-run agricultural companies to halt purchases of American farm goods." data-reactid="18">Market par...
Retailers Shut Stores Amid U.S. Protests: Live Business Updates – The New York Times
Stock News

Retailers Shut Stores Amid U.S. Protests: Live Business Updates – The New York Times

Here’s what you need to know:Target, Walmart and CVS shut stores amid protests.A number of retailers, still reeling from the economic impact of the coronavirus shutdown, have temporarily closed some stores as protests and looting spread across the United States in the wake of the death of George Floyd. Target is temporarily closing or shortening the hours of about 200 stores, a spokesman, Joshua Thomas, confirmed on Sunday morning. The Target store on Lake Street in Minneapolis, the location nearest to where Mr. Floyd died, was badly damaged and looted last week. Images of the battered store have featured prominently in news coverage of the unrest in Minneapolis, where Target has its headquarters. Target has nearly 1,900 stores in the United States. The decisions to temporarily s...
Stock futures slip, with Wall Street set to give back some of May’s strong gains – CNBC
Stock News

Stock futures slip, with Wall Street set to give back some of May’s strong gains – CNBC

A view of the Fearless Girl with New York Stock Exchange in Wall Street in the backdrop amid Coronavirus Pandemic on April 5, 2020.John Nacion | NurPhoto | Getty ImagesU.S. stock futures fell on Sunday night as Wall Street was set to kick off June trading on a sour note after consecutive monthly gains.Dow Jones Industrial Average futures traded 39 points lower, or 0.15%. S&P 500 and Nasdaq 100 futures slid 0.2% each.Here's what traders were monitoring heading into the new month:States continue to reopen their economies after the coronavirus pandemic forced the country to shutter nonessential businesses. The reopening is now taking place amid widespread protests across the U.S. over police brutality.  Traders are also grappling with rising tensions between C...
Stock market live Friday: Stocks end day mixed, S&P jumps 3% for the week, no mention of tariffs by Trump – CNBC
Stock News

Stock market live Friday: Stocks end day mixed, S&P jumps 3% for the week, no mention of tariffs by Trump – CNBC

The S&P 500 moved higher in the final hour of trading after President Donald Trump made no mention of tariffs during his press conference on China. All the major averages ended the week higher, with the Dow Jones Industrial Average turning in its best week since early April.Here's what happened.4:23 pm: Tech leads markets higherThe Nasdaq gained 1.29% on Friday for its fourth positive day in five and its best day since May 20 For the week the Nasdaq gained 1.77% for its third positive week in four For the month the Nasdaq gained 6.75%, its second straight positive month  The Nasdaq is currently 3.54% below its intraday all-time high of 9,838.37 from Feb. 19      The Nasdaq is 43.1% above its 52-week low of 6,631.42 Seven out of 11 S&...
S&P 500 ends wild day up slightly, bringing May gains to more than 4% – CNBC
Stock News

S&P 500 ends wild day up slightly, bringing May gains to more than 4% – CNBC

The S&P 500 rose slightly on Friday, erasing losses earlier in the session, as traders breathed a sigh of relief after President Donald Trump signaled no changes to the trade deal with China despite rising tensions.The U.S. equity benchmark finished the session up 0.4%, or 14.58 points, at 3,044.31. The Dow Jones Industrial Average fell 17.53 points, or less than 0.1%, to 25,383.11 as American Express and JPMorgan weighed. The 30-stock index ended the day well off the lows as it was down as much as 368 points at one point. The Nasdaq Composite jumped 1.2%, or 120.88 points, to 9,489.87 as chip stocks rallied.The S&P 500 and the Dow gained 3% on the week, bringing their advance in May to 4.5% and 4.2%, respectively. The tech-heavy Nasdaq rose 1.7% this wee...
S&P 500 rises slightly, reversing higher as Trump’s China actions keep trade deal intact – CNBC
Stock News

S&P 500 rises slightly, reversing higher as Trump’s China actions keep trade deal intact – CNBC

Stocks recovered from earlier losses on Friday as traders breathed a sigh of relief after President Donald Trump's much-awaited news conference on China.The Dow Jones Industrial Average was up 50 points, or 0.2%, after being down more than 300 points earlier in the day. The S&P 500 traded 0.3% higher while the Nasdaq Composite was up 0.9%.During the news conference, Trump said he would take action to eliminate special treatment towards Hong Kong. However, he did not indicate the U.S. would pull out of the phase one trade agreement reached with China earlier this year, easing trader concerns for the time being. "Basically the items he could have talked about he chose not to talk about, but it's not an end point," said Julian Emanuel, chief equity and derivatives strat...
Dow falls for the first time in 3 days, drops 100 points on U.S.-China tensions – CNBC
Stock News

Dow falls for the first time in 3 days, drops 100 points on U.S.-China tensions – CNBC

Stocks closed lower on Thursday, erasing solid gains from earlier in the day, after President Donald Trump said he would be giving a news conference Friday regarding China.The Dow Jones Industrial Average fell 147.63 points, or 0.6%, to 25,400.64. At its session high, the Dow was up 210 points. Thursday's losses were the Dow's first in three days.The S&P 500 slid 0.2% to 3,029.73, giving back a jump of 1.1%. The Nasdaq Composite dropped 0.5% to 9,368.99. The Nasdaq and S&P 500 both snapped three-day winning streaks. Trump's announcement came after China's National People's Congress approved a national security bill for Hong Kong. The bill will bypass Hong Kong's legislature, raising concerns over the longevity of Hong Kong's "one par...