Previous Close |
---|
24,664.89 |
5 Day |
|
1 Month |
|
3 Month |
|
YTD |
|
1 Year |
|
Nasdaq logs weekly climb of 0.6%
For the week, Dow gains 0.4%; S&P 500 advances 0.5%
Nasdaq ends 1.3% lower
Dow closes about 200 points, or 0.8%, lower; S&P 500 sinks by 0.9%
Nasdaq ends 1.3% lower
Dow closes about 200 points, or 0.8%, lower; S&P 500 sinks by 0.9%
U.S. stocks closed lower on Friday, with major indexes slumping in a broad decline. While Wall Street posted a second straight positive week, the selloff heavily eroded the week's gains. The Dow Jones Industrial Average fell 0.8% to 24,463. The S&P 500 lost 0.9% to 2,670. The Nasdaq Composite Index ended down 1.3% to 7,146. For the week, the Dow rose 0.4%, the S&P was up 0.5% and the Nasdaq rose 0.6%. All three closed below their 50-day moving average, a level used as a gauge for short-term momentum trends. Equities were pressured by a decline in Apple Inc. , which shed 4.1% amid cautious analyst commentary over its upcoming quarterly results. While 10 of the 11 S&P 500 sectors closed in negative territory, technology was among the biggest losers of the day, down 1.5%. Separately, investors dropped stocks as the yield for the benchmark 10-year Treasury note rose to 2.96% and neared its highest since around 2014.
Dow limps lower to close out day, marks 3-session skid as rates rise
Treasury prices tumbled, pushing yields higher, on Friday as investors and traders sold U.S. government paper. The 10-year Treasury note yield advanced 4.4 basis points to 2.956%, the highest since January 2014. The 2-year note yield rose 4.2 basis points to 2.956%, while the 30-year bond yield rose 3.9 basis points to 3.144%. Bond prices move in the opposite direction of yields. Investors pointed the finger at a range of reasons including an overextended yield curve flattening in the last few weeks, stronger inflation expectations and more market participants pricing in three additional rate hikes this year. The rise in yields coincided with an accelerated slide in the Dow Jones Industrial Average and the S&P 500 index in late-Friday trade.
The Dow Jones Industrial Average on Friday was encountering intensifying selling pressure with less than an hour left of trading, with the blue chip gauge on the verge of giving up its weekly gain. Part of the blame for the downdraft accelerating was a rise of the yield in the benchmark 10-year Treasury note to 2.96%, representing the highest since around 2014. Meanwhile, shares of Apple Inc. were powering the decline, cutting about 50 points from the average. Most recently, the Dow was down about 256 points, or 1%, with the benchmark hanging on to a weekly advance of about 0.2%. Apple's stock, off $7, or 4%, also was dragging the broader technology sector lower, with Dow component International Business Machines Corp. share [: IBM] slicing about 20 points from the average. The tech-laden Nasdaq Composite Index was taking the brunt of the intraday tumble among the main benchmarks, off 1.4%, at 7,138. The S&P 500 index was down 1% at 2,666, with tech and the consumer-staples sectors both off nearly 2%, leading losses in the broad-market index. The S&P 500 was holding on to a weekly gain of 0.4%, while the Nasdaq boasts a rise over the 5-session period of 0.5%.
The S&P 500's sectors were all trading in the red late Friday, with less than a half-hour remaining in trade as government bond yields jumped. Losses for the S&P 500's 11 sectors were led by steep declines in consumer categories, with consumer staples stocks off 1.9% and those for consumer-discretionary down 1.3%. Technology shares also were facing heavy pressure, falling 1.7%, led by a sharp decline in Apple Inc. shares . Most recently, the S&P 500 was trading 1.1% lower at 2,664, the Dow Jones Industrial Average was giving up 1% at 24,409, while the Nasdaq Composite Index retreated by 1.5% at 7,134. Selling accelerated late Friday as bond yields for the benchmark 10-year Treasury note [: TMUBMUSD10Y] popped, hitting 2.96%, marking its highest yield level since around 2014, according to FactSet data.
A Tuesday stock market rally is putting major indexes on track to close above a key technical level, signaling they're regaining momentum after a rough stretch this year.
U.S. stocks' selloff intensified in afternoon trade Friday as fears mount about the impacts of a trade spat between the U.S. and China.
Stock investors have at least one reason for optimism: earnings season.
Whereas nothing seemed to faze the market in 2017, everything seems to be faze it in 2018.
A stock market selloff deepened on Monday after, led by high-flying technology stocks.
Major stateside stock benchmarks are pacing for a better annual performance than much of the rest of the world, despite a volatile few weeks.
It's quite likely the new chair will see more market volatility during his term than did his predecessor. Janet Yellen's time at the helm was marked by mostly serene markets.
Money is flowing back into stocks, a sign that investors believe the market will keep climbing after the recent selloff.
Stop trying to make sense of the stock market, Jason Zweig says.
Here is a selection of factoids about the market's big decline on Monday.
The Dow Jones Industrial Average briefly fell more than 5% from its record high on Monday morning, a pullback that has historically served as an entry-point for bargain-hunting investors.
The stock market's long stretch of calm was interrupted this week.
President Donald Trump on Friday suggested that his election loss would have sparked a plunge in the stock market that's only ever happened eight times.
The year is just 15 trading sessions old and already the stock market has put in almost a full year's worth of gains.
Barring a massive shock before the closing bell on Monday, the S&P 500 will have had 395 trading days without a decline of 5% or more from a record high
Marty Whitman on Accounting Standards for Value Investors
Royce Funds Commentary: Are Investors at Odds With Reality?
Learning From the Great Marty Whitman Pt. 1
Keeping Perspective: Julian Robertson’s Last Letter to Investors
What the Maksim Zaslavskiy Case Could Mean for ICOs
The Trump Tax Law Is Hitting University Endowments
Tesla Looking For The Ramp Up, Theresa May Looking For The Exit Ramp (Wall Street Breakfast Podcast)
Wall Street Breakfast: Tesla Doubles Down On Model 3
Portfolio Review: Continued Market Outperformance In Q1 2018
Key U.S. | Last | Chg | Chg % |
---|---|---|---|
Dow Jones Industrial Average | |||
NASDAQ Composite Index | |||
S&P 500 Index | |||
Russell 2000 Index | |||
Other U.S. | Last | Chg | Chg % |
Dow Jones Transportation Average | |||
Dow Jones Utility Average Index | |||
Dow Jones U.S. Total Stock Market Index | |||
NASDAQ 100 Index (NASDAQ Calculation) | |||
S&P 400 Mid Cap Index | |||
NYSE Composite Index | |||
Barron's 400 Index | |||
CBOE Volatility Index | |||
Global | Last | Chg | Chg % |
Global Dow Realtime USD | |||
Asia/Pacific | Last | Chg | Chg % |
The Asia Dow Index USD | |||
S&P/ASX 200 Benchmark Index | |||
Shanghai Composite Index | |||
Hang Seng Index | |||
S&P BSE Sensex Index | |||
NIKKEI 225 Index | |||
FTSE Straits Times Index | |||
Europe | Last | Chg | Chg % |
STOXX Europe 50 Index EUR | |||
STOXX Europe 600 Index EUR | |||
CAC 40 Index | |||
DAX | |||
IBEX 35 Index | |||
FTSE 100 Index GBP | |||
Americas | Last | Chg | Chg % |
BOVESPA Index | |||
S&P/TSX Composite Index | |||
IPC Indice de Precios Y Cotizaciones |
Company | Last | Chg | Chg % |
---|---|---|---|
General Electric Co. | |||
Nike Inc. Cl B | |||
Merck & Co. Inc. | |||
Pfizer Inc. | |||
VISA Inc. Cl A | |||
Travelers Cos. Inc. | |||
Home Depot Inc. | |||
JPMorgan Chase & Co. | |||
UnitedHealth Group Inc. | |||
McDonald's Corp. | |||
3M Co. | |||
Exxon Mobil Corp. | |||
Boeing Co. | |||
United Technologies Corp. | |||
Walt Disney Co. | |||
Johnson & Johnson | |||
DowDuPont Inc. | |||
Goldman Sachs Group Inc. | |||
Walmart Inc. | |||
Cisco Systems Inc. | |||
Caterpillar Inc. | |||
Verizon Communications Inc. | |||
Chevron Corp. | |||
Microsoft Corp. | |||
Coca-Cola Co. | |||
Intel Corp. | |||
Procter & Gamble Co. | |||
American Express Co. | |||
International Business Machines Corp. | |||
Apple Inc. |