|Day's range||25,947.32 - 26,153.42|
|52-week range||19,732.36 - 26,153.42|
Nearly 95% of top-performing equity mutual funds failed to replicate their success over a two-year period. Over five years, not a single one was able to do so, a new study shows.
Companies are starting to lay out just how much shareholders will benefit from lower corporate taxes. The answer is: a lot.
Following a strong performance for two weeks and closing at a record high price levels, the S&P 500 started this week on a mixed note. On Thursday, the S&P 500 started the day on a stable note and closed the day at elevated levels. On January 18, eight out of the S&P 500’s 11 major sectors declined.
U.S. stock index futures posted gains ahead of the open on Friday, as investors paid close attention to the political space, as shutdown concerns linger.
If the U.S. government shuts down this weekend, will the stock market’s nearly uninterrupted march higher also come to a close?
Major U.S. indexes slipped Thursday, as weakening U.S. government bond prices weighed on yield-sensitive sectors such as real-estate companies and utilities.
IBM Corp. achieved its first quarter of revenue growth in five years thanks mostly to a huge boon in its system business and the new mainframe.
The S&P 500 declined 0.2% to 2798.03 today, while the Dow Jones Industrial Average dropped 97.84 points, or 0.4%, to 26,017.81. As I noted earlier, it sure felt like investor attention was elsewhere, like on the U.S. Treasury market, where the 10-year yield has been slowly pushing higher. Investor also swarmed into Treasury inflation protected securities, or TIPS, anticipating inflation that hasn't shown up just yet.
On a day the indexes pulled back from recent record highs, Wyndham announced it is buying La Quinta, and Alcoa reported disappointing profits.
International Business Machines Corp. shares shed gains it had built up over the week in the extended session Thursday after the computer giant modestly topped Wall Street estimates for the quarter and ...