|Day's range||7,635.7329 - 7,696.8730|
|52-week range||6,081.9600 - 7,768.6001|
Earnings out of FedEx and another report on the housing market will be highlights for investors on Tuesday amid a slow week for corporate and economic news.
On Monday, the Housing Market Index reading for June came in at 68, a bit weaker than Wall Street expectations for 78. On Tuesday, Housing Starts totals for May will be released. Econoday consensus is calling for Starts – Level – SAAR of 1.320M, up from April’s 1,278 M. On Wednesday, MBA Mortgage Applications and Existing Home Sales are set for release.
Dow turns negative for 2018ReutersChina's Ministry of Commerce spokesperson Gao Feng attends a news conference in Beijing Tuesday. U.S. stocks fell broadly on Tuesday after President Donald Trump threatened to slap up to $400 billion more in tariffs on China goods, the latest escalation in a trade dispute that has been unsettling investors for months. The Dow Jones Industrial Average (^DJI) fell 1.1%, or 276 points, to 24,712.
The Dow Jones Industrial Average Tuesday morning traded near session lows and was on the verge of posting its worst daily decline since late April. The Dow industrials was most recently off 400 points ...
The Cboe Volatility Index spiked on Tuesday, and was on track for its biggest one-day percentage jump of the month as the latest bout of trade tensions rattled Wall Street and sent stocks sharply lower. The VIX popped 15% to 14.13, a level that is still considerably below its long-term average between 19 and 20. Tuesday is on track to be the VIX's biggest one day move since May 29.
The Dow Jones Industrial Average fell sharply on Tuesday, but it appeared to find support at a key level that could signal a floor under equity prices. The Dow lost 1.3% to 24,667, pressured by the latest bout of trade-policy uncertainty. The Dow has been under pressure of late, and it is on track for its sixth straight daily drop, its longest such streak since March 2017.
Wall Street stocks tumbled in opening trading on Tuesday as fresh tariff threats by the United States and China against each other exacerbated trade war fears. The broad-based S&P 500 dropped 0.7 percent to 2,753.79, and the tech-rich Nasdaq Composite Index also shed 0.7 percent to 7,690.81. US President Donald Trump said late Monday he had directed US Trade Representative Robert Lighthizer to target $200 billion worth of Chinese imports for a 10 percent levy, citing China's "unacceptable" move to raise its own tariffs.
U.S. stocks opened sharply lower on Tuesday, with the Dow threatening to wipe out all of its 2018 gains and mark its sixth consecutive decline, amid escalating tensions over trade between the world's largest economies. Late Monday, President Donald Trump requested that his administration draw up a fresh list of Chinese goods worth $200 billion on which to impose tariffs, ratcheting up mounting tariff tensions between Beijing and Washington and raising fears that a genuine trade-war could hurt the interconnected, global economy.
After gaining for three consecutive trading weeks, the S&P 500 opened this week on a weaker note by closing lower on Monday. On June 18, the S&P 500 opened the day lower and traded with weak market sentiment. Eight out of 11 major S&P 500 sectors closed the day lower on Monday. The weakness in the telecom services, consumer staples, and healthcare sectors weighed on the market. However, strength in the energy and utilities sectors limited the market losses. Market sentiment