|Day's range||24,787.79 - 25,354.56|
|52-week range||23,344.52 - 26,951.81|
Retail sales in October were solid, Walmart's earnings were great, but below the surface there appears to be some softening in the spending habits of U.S. consumers.
Investing.com - Asian stocks slipped in morning trade on Friday following reports that U.S. Commerce Secretary Wilbur Ross said Washington is still planning to impose further tariffs on Chinese imports in January.
SINGAPORE (AP) — Shares were mixed in early trading in Asia on Friday on revived concerns over the prospects for a breakthrough in trade tensions between the U.S. and China.
Investing.com - Wall Street clawed back from early weakness Thursday, snapping a four-day losing streak, as renewed optimism on trade encouraged traders to resume bullish bets on stocks.
Stocks closed higher on Wall Street Thursday, breaking a five-day losing streak for the market. Gains in technology companies and banks drove an afternoon rally, offsetting losses in retailers, homebuilders, ...
Stocks finished Thursday on a high note, with all three indexes rebounding from early losses. It was a pleasant change from the past month, when markets often saw early gains erased by selling into the close.
US stocks snapped a four-day losing streak on Thursday, surging out of the red as oil prices stabilized and a Wall Street analyst recommended shares in Apple. Investors also took heart at media reports indicating increased efforts toward resolving the US-China trade war ahead of a planned meeting between the leaders this month in Argentina. Peter Cardillo of Spartan Capital told AFP stocks could see strong year-end gains if investors come to believe a US-China trade deal is likely and oil prices continue to recover.
Given the early price action, the direction of the December E-mini Dow Jones Industrial Average into the close is likely to be determined by trader reaction to the pair of 50% levels at 25233 and 25177.
Markets turned losses into gains on reports that U.S. Trade Representative Robert Lighthizer told some corporate executives new tariffs on Chinese goods were being delayed.
On November 14, US crude oil December futures rose 1% and closed at $56.25 per barrel. News of OPEC’s rescue plan might have helped US crude oil prices end the three-day losing streak.
Investing.com – Wall Street opened lower on Thursday, after jobless claims numbers were consistent with a strengthening labor market.The S&P 500 fell 16 points, or 0.62%, to 2,684.82 as of 9:35 AM ET (14:35 GMT), while the Dow dipped 159 points, or 0.64%, to 24,921.06 and the tech-heavy Nasdaq Composite was down 11 points, or 0.17% to 7,124.54.The number of people who filed for unemployment assistance in the U.S. rose by 2,000 to a seasonally adjusted 216,000 from the previous week’s total of 214,000. The numbers give support to the Federal Reserve gradually increasing interest ...
Investing.com - Walmart (NYSE:WMT) reported mixed third-quarter earnings on Thursday as profit beat consensus but revenue settled below analysts' estimates.