|Day's range||7,368.33 - 7,516.69|
|52-week range||6,517.93 - 8,133.30|
TOKYO (AP) — Global stocks mostly slipped Monday as investors continued to worry about global trade and prospects for economic growth. The price of oil rose amid tensions over Saudi Arabia, a major crude exporter.
STOCKSTOWATCHTODAY BLOG 6:23 a.m. A bad week ended with a good day. Too bad the good times couldn’t last. S&P 500 futures have fallen 0.4%, while Dow Jones Industrial Average futures have declined 79 points, or 0.
U.S. stock index futures pared steep losses on Monday mornings as Wall Street tried to recover from a 4 percent drop in the major indexes last week.
Markets across the globe saw a massive sell-off last week, with the major indexes on Wall Street seeing their worst weekly declines since March.
Rising rates, trade fears, and a tech tumble sent the market reeling as U.S. investors joined the rest of the world in fretting about the future. But there’s no need to panic.
Tech investors should exercise caution—the highflying sector may finally have met a bear that has some bite. The brutal selloff over the last few days has hit the tech sector hard. The Nasdaq Composite is now off nearly 9% since the start of the month, while the S&P 500 Software & Services Group and PHLX Semiconductor Index have both lost about 10%.
Tech stocks are likely to rebound after their latest drubbing, but the selloff suggests that investors are paying more attention to the sector’s challenges.
An extended period of calm on the market has ended as investors worry about a surge in interest rates. The benchmark S&P 500 index is coming off a six-day losing streak. Apple and Amazon made big gains as technology and internet companies and retailers recovered some of their recent losses.
Stocks rebounded Friday, clawing back some of the week's steep losses, but the turbulent trading of the last few days left no doubt that the relative calm the markets enjoyed all summer had been shattered. ...
Despite the Fed's rate hikes and balance sheet unwind, three of the largest U.S. banks reported improving yield on interest-bearing assets.
Gold, Miners Have Surged on the Market Rout—What’s the Upside? The Commodity Futures Trading Commission reports the positions of major players in the futures market in its COT (Commitment of Traders) report. It’s released every Friday and shows the open interest recorded on the previous Tuesday.
Today, October 12, the broader market is bouncing back after falling for six consecutive sessions. As of October 11, the S&P 500 index (SPY) has fallen 6.4% MTD (month-to-date). The Dow Jones Industrial Average (DIA) and the Nasdaq Composite index (QQQ) have fallen 5.3% and 8.7%, respectively.
"You want to be there for that first up-leg regardless of the potential for a reset" of the low, says Stockton.
Fundstrat's Tom Lee says the equity pullback this week looks more like a changing of leaders and laggards than a reason to sell.
The Dow Jones Industrial Average was up 1.3 percent to 25,373.02 about 20 minutes into the final trading day of the volatile week. The broad-based S&P 500 gained 1.4 percent to 2,767.34, while the tech-rich Nasdaq Composite Index advanced 2.0 percent to 7,471.89. The yield on the 10-year US Treasury bond rose to 3.16 percent, but the stock gains came after JPMorgan Chase, Wells Fargo and Citigroup all reported increases in year-over-year profit, and the banks' leading executives gave an upbeat appraisal of the US economy.
Stocks continued to suffer on Thursday, as worries about rapidly rising interest rates and a slowdown in global economic growth made investors jittery.
A glimpse at the 30-stock blue-chip index will reveal that the recent meltdown is likely to be transitory and can provide a good entry point for investors.
Stocks got crushed again on Thursday as all three of the major indexes had their worst two-day stretch in 8 months, but investors shouldn't be spooked by the spike in volatility, according to Credit Suisse.