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U.S. markets traded in negative territory throughout much of Friday’s session while closing with slight losses and hovering in another tight trading range. The late day strength was an encouraging sign as the Dow and S&P made a trip into positive territory with all of the major indexes holding near-term support levels into the weekend. The major indexes also posted back-to-back weekly...
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The S&P 500 is within 1% of its closing record set on April 30The S&P 500 index stands less than 1% shy of a record but investors aren’t loving the climb, based on a recent fund manager survey from Bank of America Merrill Lynch.The survey of 179 global managers overseeing some half trillion dollars in assets told BAML that pessimism has been driven by concerns over U.S.-led trade-war...
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U.S. markets traded in negative territory throughout much of Friday’s session while closing with slight losses and hovering in another tight trading range. The late day strength was an encouraging sign as the Dow and S&P made a trip into positive territory with all of the major indexes holding near-term support levels into the weekend. The major indexes also posted back-to-back weekly...
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Dow Jones futures edged higher early Tuesday, along with S&P 500 futures and Nasdaq futures, after Facebook (FB), Netflix (NFLX) and other FANG stocks led a modest stock market rally Monday. Facebook stock extended a strong regular-session gain ahead of Tuesday's cryptocurrency announcement. Meanwhile, MoneyGram International (MGI) skyrocketed after hours on a strategic alliance with Ripple,...
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