|Day's range||25,193.78 - 25,463.29|
|52-week range||23,242.75 - 26,951.81|
About one-third of investors polled by Bank of America Merrill Lynch this month think the S&P 500 has peaked for this cycle, a sign that amid continued choppy markets investors are losing the faith.
TOKYO (AP) — Asian shares were mostly lower Wednesday, after the steepest drop in in oil prices in more than three years put investors in a selling mood on Wall Street.
Investing.com - The selloff on Wall Street continued for a second-straight day as a selloff in energy weighed on risk sentiment.
Investing.com - Gold broke below its long-held perch of $1,200 an ounce on Tuesday before settling above that key psychological level, keeping alive bullion fans' hopes of a recovery as equity markets struggled again.
The Dow Jones Industrial Average ended in the red for a second day this week. The Nasdaq Composite, however, managed to close up just a smidgen.
The seasonal rally that many are expecting may be delayed as the market tries to find a bottom, says closely followed trader Art Cashin.
Energy companies led a sell-off on Wall Street Tuesday that extended a losing streak for the S&P 500 index to a fourth day. The steepest fall in oil prices in more than three years weighed on energy stocks. ...
The Dow Jones Industrial Average’s gain today, that is. Is oil’s tumble to blame, or is it the other way around? Consider: The S&P 500 fell 0.2% to 2,722.18, while the Dow Jones Industrial Average has dropped 100.69 points, or 0.4%, to 25,286.49.
Based on the earlier 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 to 25177.
In the week ending on November 2, US crude oil inventories were 3% above their five-year average—one percentage point more than the previous week. Oil prices and the inventories spread usually move inversely, as you can see in the following chart. If the inventories spread expands more into the positive territory, it might drag down oil prices in the coming weeks. The inventories spread is the difference between inventories and their five-year average.
Things could be worse. The Dow Jones Industrial Average has moved out of the red, and the S&P 500 and Nasdaq Composite have moved deeper into positive territory.
Investing.com – Wall Street rose on Tuesday, as trade tensions between the U.S. and China eased.The S&P 500 rose 14 points, or 0.54%, to 2,740.89 as of 9:37 AM ET (14:37 GMT), while the Dow increased 60 points, or 0.24%, to 25,447.43 and the tech-heavy Nasdaq Composite was up 64 points, or 0.90% to 7,265.51.Trade war tensions eased on news that China’s trade negotiator could head to Washington ahead of a meeting of the two countries' leaders later this month. ...