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Technically speaking, the S&P 500’s latest corrective bounce remains underway against a still bearish-leaning intermediate-term backdrop. Though the S&P has rallied this week from the 200-day moving average, the rally attempt has thus far failed to follow-through materially, stalling near well-defined resistance.
Nasdaq Composite Index turns negative
S&P 500 pares early gains, turns negative
Earnings reports are doing very little to help the Dow Jones Industrial Average in morning trade Friday, with the shares of the four companies that reported results adding less than 10 net points to the Dow's price. Exxon Mobil Corp.'s stock paced the Dow's decliners, falling 3.4% after missing profit expectations. The price decline subtracted about 19 points from the Dow's price. Meanwhile, shares of Intel Corp. rose 1.9% to add about 7 points to the Dow's price, Microsoft Corp. advanced 1.3% to add 9 points and Chevron Corp. tacked on 1.2% to add 10 points, after all three companies beat earnings expectations. The net gain from Dow reporters was about 7 points, while the Dow declined 29 points.
S&P 500, Nasdaq hold modest gains after sentiment data; Dow negative
Shares of Amazon.com Inc. set an intraday record at the open Friday, coming after the online services giant produced better-than-expected results. Late Thursday, Amazon reported net income of $1.6 billion, or $3.27 a share, up from $724 million, or $1.48 a share, a year ago. Revenue jumped 43% from last year, to $51 billion from $35.7 billion. Shares of Amazon.com set an intraday record at 1,638.10, coming near the start of trade Friday, but were off the mark which would represent a closing high above $1,598.39, set on March 12. Shares were recently up 4.5% at around $1,585. So far this year, Amazon's shares have climbed 36%, according to FactSet data. By comparison, the Dow Jones Industrial Average is down 1.7% for the first four months of 2018, the S&P 500 index has declined by 0.1%, while the technology-laden Nasdaq Composite Index has gained 3.5% thus far this year.
The U.S. stock market opened higher on Friday, driven by rally in shares of Amazon.com Inc., Intel Inc. and Microsoft Corp. following stellar earnings after market close on Thursday. The S&P 500 and Nasdaq Composite are on track to post modest weekly gains, however Dow industrials looked set end the week slightly lower. The S&P 500 index advanced by 8 points, or 0.3%, to 2,675. The Nasdaq Composite advanced 69 points, or 1% to 7,188 at the open. The Dow Jones Industrial Average was up by 21 points, or 0.1%, to 24,346. Among the best performers on the S&P 500, Amazon.com Inc. shares surged 7% and Microsoft Corp. jumped 3.5% following better-than-expected earnings results announced on Thursday.
Nasdaq Composite opens higher by 1%
Dow Jones Industrial Average advances 34 points
S&P 500 up by 0.4%
Stocks all open higher after first quarter GDP 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.
Royce Funds Commentary: Does Volatility Mean Opportunity in Small-Caps?
Boyar Value Group's 1st-Quarter Shareholder Letter
Why Yield Curve Isn’t Inverting Anytime Soon
Finding an Edge: Creating a Moat Around an Investment Process
When stocks sell-off, a whole bunch of new financial terms start popping up that you may not be familiar with. Here's our cheat sheet to help you out.
Research Affiliates: 'Yes. It's a Bubble. So What?'
IVA Worldwide Fund 1st Quarter Commentary
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
Key U.S. | Last | Chg | Chg % |
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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 % |
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Verizon Communications Inc. | |||
Nike Inc. Cl B | |||
Chevron Corp. | |||
UnitedHealth Group Inc. | |||
Coca-Cola Co. | |||
DowDuPont Inc. | |||
Microsoft Corp. | |||
Cisco Systems Inc. | |||
Pfizer Inc. | |||
Procter & Gamble Co. | |||
Home Depot Inc. | |||
Merck & Co. Inc. | |||
Johnson & Johnson | |||
General Electric Co. | |||
Goldman Sachs Group Inc. | |||
Travelers Cos. Inc. | |||
McDonald's Corp. | |||
International Business Machines Corp. | |||
Walt Disney Co. | |||
Walmart Inc. | |||
Caterpillar Inc. | |||
JPMorgan Chase & Co. | |||
United Technologies Corp. | |||
Boeing Co. | |||
American Express Co. | |||
VISA Inc. Cl A | |||
3M Co. | |||
Intel Corp. | |||
Apple Inc. | |||
Exxon Mobil Corp. |