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NASDAQ Composite (^IXIC)
| Previous close | 16,349.25 |
| Open | 16,208.50 |
| Volume |
| Day's range | 16,303.84 - 16,397.39 |
| 52-week range | 12,180.86 - 16,538.86 |
| Avg. volume | 5,173,336,885 |
- Yahoo Finance Video
S&P 500 risees, positive earnings keep coming: Top takeaways
US equities (^GSPC, ^DJI, ^IXIC) have seen a bit of a bounce back from lows in April with the S&P 500 rising for its fourth day in a row. Earnings continue to roll in with 80% of the companies in the S&P 500 having already reported, showing signs of continued growth for the market. In addition, many eyes are on Disney (DIS) after it reported first-quarter earnings results which showed softer guidance than what was expected, causing shares to slide. Yahoo Finance Reporter Alexandra Canal joins Market Domination Overtime to break down the top takeaways for the trading day on May 7. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino
Yahoo FinanceStock market today: S&P 500 rises for 4th day, Disney sinks 9% after earnings
Results from Disney took center stage as the media giant posted the first profit for a key part of its streaming business.
- Reuters
GLOBAL MARKETS-Wall St loses steam, dollar gains as investors mull rate cut timing
Wall Street pared earlier gains on Tuesday after equity markets elsewhere rallied as investors parsed when and by how much the Federal Reserve cuts interest rates this year, while a resurgent dollar helped weaken the yen further. Benchmark Treasury yields softened, but the dollar rose on the prospect of stronger U.S. growth and potentially higher rates than other developed economies. "It's a quiet day, the major averages are flat, and there's some profit taking," said Tim Ghriskey, senior portfolio strategist at Ingalls & Snyder in New York.
