|Day's range||29,289.91 - 29,373.62|
|52-week range||24,244.31 - 29,373.62|
Given the prolonged move up in terms of price and time, the direction of the March E-mini Dow Jones Industrial Average on Monday is likely to be determined by trader reaction to Friday’s close at 29279.
The better-than-expected economic data demonstrated the resilience of the U.S. consumer in keeping the current economic expansion alive, and the solid corporate earnings from U.S. banks points toward the importance of the Fed holding interest rates at favorable price levels.
Wall Street stocks again finished at records on Friday, capping a positive week of trade-related news and mostly solid corporate earnings. The Dow Jones Industrial Average ended up 0.2 percent at 29,348.10. ...
A former Trump administration official says markets would prefer Joe Biden over more left wing Democrats who are running for president but that analysts and investors are overreacting.
Wall Street stocks added modestly to records early Friday following good US housing data and some better-than-expected Chinese economic reports. Construction of new US housing shot to a 13-year high last ...
President Donald Trump on Thursday officially nominated former economic adviser Judy Shelton and St. Louis Fed economist Christopher Waller to the remaining two seats at the Fed.
Asian shares rose on Friday after data in China showed pressure on the world's second biggest economy may be starting to diminish. The news along with easing trade tensions with the United States underpinned riskier assets, even as some markets took a breather in late afternoon trade. European bourses were expected to extend the global rally after Wall Street posted more records.
The nearest upside targets are a pair of uptrending Gann angles at 29217 and 29315. This angles can continue to guide the Dow higher, but crossing to the strong side of these angles will put the market in an extremely bullish position.
Global stocks rose Friday, seemingly buoyed by high spirits on Wall Street, as new data suggested China's economic slowdown may have stabilized and Washington and Beijing signed a trade deal. European indexes were broadly higher, while markets in Shanghai, Tokyo and Hong Kong closed with gains, after the U.S.'s S&P 500 hit a new high the day before. China's economic growth of 6.1% last year was the lowest since 1990 but forecasters pointed to improved activity in December.
Wall Street stocks jumped early Thursday, adding to records following the signing of a US-China trade accord and solid US retail sales data. Analysts generally view the US-China deal as removing the near-term ...
Morgan Stanley jumped 6.6% to lead the S&P 500 after it beat quarterly profit estimates and raised its performance goals, closing out several big U.S. lenders' earnings on a strong note. Sentiment was further lifted by data that showed U.S. retail sales rose 0.3% in December, in line with economists' estimates.
Wall Street struck a trio of fresh records and the S&P 500 closed above 3,300 for the first time, boosted by tech and financial stocks and as investors remained upbeat in the wake of the US-China trade truce. Having already set numerous records this week, the S&P 500 closed 0.8 per cent higher at 3,316.81, led by a 1.4 per cent increase in tech stocks and a 1 per cent rise in industrials. The Dow Jones Industrial Average rose 0.9 per cent to 29,297.64, while the Nasdaq Composite gained 1.1 per cent to 9,357.13.
Global markets were subdued Thursday after the signing of a preliminary China-U.S. trade agreement that investors hope will bring better relations between the world's two biggest economies. U.S. President Donald Trump and China's chief negotiator, Liu He, signed the “Phase 1" deal on Wednesday before a group of corporate executives and reporters at the White House. The pact eases some sanctions on China.