|Day's range||7,034.82 - 7,154.64|
|52-week range||6,630.67 - 8,133.30|
The Census Bureau will be releasing retail data on Friday.
Greater China markets traded lower after the world's second largest economy reported a slew of economic data that missed expectations.
An upgrade pushed the conglomerate’s stock higher, while the Dow Jones Industrial Average rose 0.3% to close at 24,597.38. The Nasdaq Composite slipped 0.4%, ending at 7070.33.
NEW YORK (AP) — U.S. stocks wobbled Thursday as the markets turned fairly quiet after a very turbulent start to the week. Small companies dropped and high-dividend stocks, which investors favor when they want to reduce risk, rose.
U.S. stocks wobbled Thursday as the markets turned fairly quiet after a very turbulent start to the week. Small companies dropped and high-dividend stocks, which investors favor when they want to reduce risk, rose.
With the bloodbath that is XPO Logistics Inc. (NYSE: XPO) being in the headlines today, I could not help but to think back to December 2017 when Home Depot Inc. (NYSE: HD) was said to be considering an offer for the company just to keep it out of the hands of Amazon Inc. (Nasdaq: AMZN).
Pessimism is running rampant, which may explain why health-care stocks have done so well this year. That could also be a sign that the market could be set to move higher.
XPO Logistics Inc. (NYSE: XPO) is down over 17% as of 12:25 P.M. EDT following a report by famed short-seller Spruce Point Capital Management. In the report, Spruce Point discusses the background of XPO’s founder, Bradley Jacobs, and the “accounting scandal during his leadership” at United Rentals, Inc. (NYSE: URI), which he co-founded. Ultimately, Spruce Point thinks XPO’s share price could “swiftly collapse in Enron-style fashion” with a 40%-60% intermediate downside risk and a 100% long-term downside risk.
The S&P 500 rose 10 points, or 0.4%, as of 9:30 AM ET (14:30 GMT), while the Dow increased 111 points, or 0.45% and the tech-heavy Nasdaq Composite jumped 36 points, or 0.5%.
U.S. stocks managed to finish in the green Wednesday, and while global equities were mixed on Thursday, the mood was calmer than it has been lately.
STOCKSTOWATCHTODAY BLOG 6:57 a.m. Are we buying or selling? The market appears to be having a hard time figuring that out. Yesterday, for instance, looked like it would be a great day for the Dow Jones Industrial Average, but instead finished up with about a third of those gains.
After struggling for direction most of the day, Wall Street ended mixed on Thursday as investors adopted a cautious tone as they watched for signs of progress in trade negotiations between Washington and Beijing. The Dow Jones Industrial Average ended 0.3 per cent higher at 24,597.38, and the Nasdaq Composite declined 0.4 per cent to 7,070.33.
Stocks traded higher on Thursday as investors digested the recent developments surrounding the ongoing U.S.-China trade war in what has been a very volatile week for Wall Street.
The Dow Jones Industrial Average tacked on 0.6%, to end at 24,527.27, while the Nasdaq Composite surged 66.48 points, or 1.0%, to close at 7098.31.
U.S. stocks couldn't hang on to a big gain Wednesday, but they still finished broadly higher as technology and health care companies rose. That helped reverse some of the market's big losses from the week ...
U.S. stocks couldn't hang on to a big gain Wednesday, but they still finished broadly higher as technology and health care companies rose. Stocks initially rallied after the Wall Street Journal reported that China's government could make changes to its "Made in China 2025" economic development plan. "Any time you get some semblance of good news on trade, you've had this tendency to see a pretty sharp rally," said Liz Ann Sonders, chief investment strategist for Charles Schwab.
The S&P 500 rose 32 points, or 1.2%, as of 9:35 AM ET (14:35 GMT), while the Dow increased 289 points, or 1.2%, and the tech-heavy Nasdaq Composite jumped 89 points, or 1.3%.
6:47 a.m. Positive comments from President Donald Trump have the Dow Jones Industrial Average set for a higher open Wednesday. S&P 500 futures have risen 0.7%, while Dow Jones Industrial Average futures have advanced 164 points, or 0.7%. Nasdaq Composite futures have gained 1%.
Stocks traded higher on Wednesday as investors digested news related to the ongoing trade war between the United States and China.