Equity News Results

  • Stocks grab another round of records as Wall Street parses trade news

    Stocks finished slightly higher on Monday, carving out record closes for all three major equity benchmarks, as investors tried to gauge the progress on a phase one trade deal between U.S. and China. The S&P 500 was up 2 points, or less than 0.1%, to finish at 3,122. The Dow Jones Industrial Average picked up 31 points, or 0.1%, to end around 28,036, based on preliminary numbers. The Nasdaq Composite rose 9 points, or 0.1%, to end near 8,550. Investors were tugged by news reports that both...

  • Stocks drift higher even as Wall Street weighs lack of progress on trade pact

    By Chris Matthews and William Watts, MarketWatch, Andrea Riquier. Dow ended last week with push above 28,000 milestone. Stocks pushed slightly higher Monday afternoon after spending the early part of the session bouncing between flat and slightly lower, as investors gauged a round of recent all-time highs records against the prospect of a so-called phase- one U.S.-China trade agreement.

  • It's great the stock market is setting records, but it's not because the economy is great

    Consumer spending, business production slow ahead of holidays. Stocks on Wall Street have soared to fresh record highs, but it's not because the economy is flashing a big thumbs-up sign. The economy is still expanding, to be sure, and sporadic worries about recession have faded again.

  • Stocks turn mixed in early action on trade uncertainty

    U.S. stocks opened lower after touching another round of fresh highs last week. Early-morning reports cast doubt on the possibility of an agreement between American and Chinese negotiators, however. The Dow Jones Industrial Average fell nearly 34 points, 0.1%, at the open, to 27,971, but recovered shortly after the open.

  • *T-Mobile US stock down 1.4% premarket

    (END) Dow Jones Newswires 11-18-19 0832 ET Copyright (c) 2019 Dow Jones& Company, Inc..

  • With Dow above 28,000 are investors ignoring a 'material deterioration' in the global economy?

    'The economy isn't falling off a cliff,' but it's not about to rebound, either. The mood on Wall Street is decidedly bullish, as investors watched the benchmark S&P 500 index notch its fourth consecutive record close on Friday and the Dow closed above 28,000 for the first time ever, amid rising optimism that the U.S. and China are headed toward an agreement that could ease tensions over trade and create much needed certainty for U.S. corporations as they plan for 2020 and beyond.

  • U.S. stock market at record but farm bankruptcies at highest since 2011

    Squeeze on farmers underscores the toll the trade war has taken on a critical Trump constituency ahead of the 2020 elections. While the U.S. stock market is soaring to new record highs, farmers are having trouble paying their bills in the heart of America's agricultural sector. U.S. stocks closed at fresh record highs on Friday on revived hopes for a U.S.- China trade deal despite mixed economic data.

  • After nailing a call for a pullback in June, Canaccord's Dwyer predicts another S&P 500 slide

    A stock drop may provide an' entry point' for investors, Dwyer says. Canaccord Genuity strategist Tony Dwyer has been bullish on the U.S. stocks in recent years, predicting after rising more than 23% in 2019, the S&P 500 will reach 3,350 by the end of 2020, a more than 8.3% increase from Tuesday's close. But Dwyer has also made intermittent calls for pullbacks, including an accurate call on April 30 for a minor retrenchment in the S&P 500 index to precede a resumption of its upward...

  • About 55% of wealthy investors are bracing for a 'significant drop' in stocks before the end of 2020, UBS survey shows

    Wealthy investors hold 25% of their portfolios in cash, far higher than the roughly 5% that UBS recommends on average. Even as the market ascends to new heights, wealthy investors are bracing for a turbulent period that could produce a "significant drop" in equity benchmarks in the near term. That is according to a recent survey produced by UBS Wealth Management that finds that some 55% of deep-pocketed investors are preparing for a drop in the market before the end of the 2020. That...

  • Chesapeake stock falls to lowest price in 25 years as 'going concern' warning weighs

    Natural-gas producer may be' too big to fail,' according to one analyst. Chesapeake Energy Corp. (CHK) shares took another dive Tuesday, pushing them well below $1 to hit their lowest price in more than 25 years as the natural-gas producer's going-concern warning continued to reverberate in the equity markets and beyond. Chesapeake Energy (CHK) stock lost 17% to end at 67 cents, its lowest close since May 9, 1994. It traded as low as 64 cents, the lowest intraday level since February 1999. The...

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