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☆ Stock Market Today: Futures Slip; Chinese Stocks Sink
▼ + stars: | 2023-12-05 | by ( ) www.wsj.com time to read: +1 min

That appears to be the verdict of stock investors, who sent the CSI 300 Index down 1.9% to its lowest level in almost five years. Adding to the gloom: after Chinese markets closed, Moody’s Investors Service cut its outlook on the country’s credit rating to negative . The ratings company said financial lifelines extended by the government to distressed regions and companies are harming the economy. China’s lackluster growth since the end of pandemic lockdowns has weighed on the stock market: The CSI 300 has fallen about 12% this year. Trading at about $79 a barrel, benchmark Brent crude was on track to snap a three-day losing streak.

Persons: Hong, Dow Organizations: CSI, Moody’s, Service, Dow industrials, Nasdaq, Brent Locations: China

☆ Stock Market Today: Dow, Nasdaq Slip to Start the Week; Bitcoin Price Surges
▼ + stars: | 2023-12-04 | by ( ) www.wsj.com time to read: +1 min

Uber Technologies shares rose on news that the ride-hailing company will join the S&P 500 index . The S&P 500, Dow industrials and Nasdaq Composite all opened lower. Ten-year Treasury yields rose after settling at 4.225% Friday. India's S&P BSE Sensex, however, rose to an all-time high after Prime Minister Narendra Modi’s ruling party won elections in three major states. The price of bitcoin climbed above $41,000, putting it on course for its highest end-of-day level since April 2022.

Persons: Bitcoin, Stocks, Dow, India's, Narendra Modi’s, bitcoin Organizations: Airlines, Uber Technologies, Dow industrials, Nasdaq, Spotify, Overseas, Mining, BSE Locations: Europe, Japan, Hong Kong, China

☆ Stock Market Today: Futures Slip to Start the Week; Bitcoin Price Surges
▼ + stars: | 2023-12-04 | by ( ) www.wsj.com time to read: +1 min

Gold prices are holding near the record high they hit last week . Treasury prices are down, pushing yields up. Ten-year Treasury yields rose to 4.247% from 4.225% Friday. The price of bitcoin climbed above $40,000, putting it on course for its highest end-of-day level since April 2022. Falling bond yields pushed the precious metal to an all-time high Friday.

Persons: Dow, Jerome Powell, Narendra Modi’s, bitcoin Organizations: Hawaiian Airlines, Spotify, Stock, Dow industrials, Nasdaq, Federal Reserve, Overseas, Mining, BSE Locations: Europe, Japan, Hong Kong, China, India

☆ Stock Market Today: Dow Futures Edge Up After Index Notches 2023 High
▼ + stars: | 2023-12-01 | by ( ) www.wsj.com time to read: +1 min

Futures tied to major U.S. equity indexes are split between small gains and losses, while Treasury yields are inching down. Look out for any pushback against the notion, gripping the bond market, that the central bank will soon cut interest rates. November was the best month for the S&P 500 since July last year. They were volatile on Thursday, after Fed Bank of New York President John Williams said he thought it best to keep interest rates high for some time. In Hong Kong, the Hang Seng Index dropped more than 1.2% to close at its lowest in more than a year.

Persons: Jerome Powell, Powell, Dow, John Williams, Brent Organizations: Federal, Dow industrials, Nasdaq, Treasury, Fed Bank of New York Locations: Atlanta, Europe, Hong Kong

☆ Stock Market Today: Dow Opens Higher On Inflation Data; Tesla Stock in Focus as Cybertruck Delivery Begins
▼ + stars: | 2023-11-30 | by ( ) www.wsj.com time to read: +1 min

Aggregate bond index is up 4.8% in price this month. Stocks, international currencies, and bitcoin have also rallied, with traders betting the Fed is done lifting interest rates as inflation continues to ebb. On Thursday, the latest personal-consumption expenditures price index—the Fed's preferred inflation gauge —offered the latest sign that pricing pressures are softening. The Nasdaq Composite is up 11% in November, on track for its best month since July 2022. Salesforce's stock rose, lifting the blue-chip Dow, after the business-software company reported results last night.

Persons: Stocks, Tesla, Dow industrials Organizations: Bloomberg U.S, Nasdaq, Dow, Treasury, Benchmark U.S Locations: Russia, Europe

☆ Stock Market News, Nov. 30, 2023: Dow Logs Highest Close of 2023
▼ + stars: | 2023-11-30 | by ( ) www.wsj.com time to read: +1 min

The 10-year U.S. Treasury note had its best month since 2019, as a sharp unwinding of rate-hike expectations sent investors on a bond-buying spree. The Dow ended the day with its highest close since January 2022, while the Nasdaq Composite managed its best month since July 2022. Salesforce's stock rose, lifting the Dow, after the business-software company reported results last night. The yield on the 10-year U.S. Treasury note ticked up to settle at 4.349%, after three days of declines. Overseas, the Stoxx Europe 600 finished its best month since January.

Persons: Dow, Tesla, Dow industrials Organizations: Treasury, Nasdaq, Dow, Benchmark U.S, Overseas

☆ Stock Market Today: Dow Gains 300 Points; Tesla Stock in Focus as Cybertruck Delivery Begins
▼ + stars: | 2023-11-30 | by ( ) www.wsj.com time to read: +1 min

November's trading is in its last hours, with stocks—and a range of other asset classes—on pace for strong monthly gains. Stocks, international currencies, and bitcoin have all risen, with traders betting the Fed is done lifting interest rates as inflation ebbs. The Dow is on track for its highest close of 2023, while the Nasdaq Composite is on track for its best month since January. The yield on the 10-year U.S. Treasury note ticked up, rising to around 4.343%, after three days of declines. Overseas, the Stoxx Europe 600 finished its best month since January.

Persons: Dow, Tesla, Dow industrials Organizations: Treasury, Nasdaq, Dow, Benchmark U.S, Overseas

☆ Stock Market Today: Futures Tick Up; Investors Await Tesla Cybertruck Update
▼ + stars: | 2023-11-30 | by ( ) www.wsj.com time to read: +1 min

Stocks, international currencies, and bitcoin have also rallied, with traders betting the Federal Reserve is done lifting interest rates. In Europe, the Stoxx Europe 600 inched higher after data showed French inflation softening in November. Up ahead: Tesla will update investors on the Cybertruck. The Fed’s preferred inflation gauge, the PCE, or personal-consumption expenditures price index, is also due. Economists expect to see signs of softening inflation.

Persons: Stocks, Tesla, Brent Organizations: Bloomberg U.S, Federal, Nasdaq, Stock, Dow, Treasury, RBC, Kroger, Dell, Marvell, PCE Locations: Russia, Europe

☆ Stock Market Today: Dow, Nasdaq Open Higher; What's Next for Berkshire Hathaway
▼ + stars: | 2023-11-29 | by ( ) www.wsj.com time to read: +1 min

Investors betting on a soft landing for the U.S. economy received another morsel of good news on Wednesday. Fresh data showed that the U.S. economy grew at a 5.2% annual rate , the fastest quarterly growth rate since late 2021, when the country was listing Covid-19 restrictions. Hopes that the U.S. economy can avoid a recession--and that the Federal Reserve will slash interest rates next year --have been rippling through global markets. Stocks are rising in early trading, continuing a weekslong winning streak. Now solidly below 13, the VIX is trading near its lowest levels of this year.

Persons: Charlie Munger, Dow, ”, Salesforce Organizations: Federal, Berkshire Hathaway, Dow industrials, Nasdaq, Gold, Futures Locations: U.S

☆ Stock Market Today: What's Next for Berkshire Hathaway
▼ + stars: | 2023-11-29 | by ( ) www.wsj.com time to read: +1 min

The yield on the benchmark 10-year U.S. Treasury note fell below 4.3% Wednesday, a significant level when considering where it started the month—hovering above 4.8%. This comes a day after a formerly hawkish Fed official endorsed an extended pause on rate moves. Investors are also digesting Tuesday’s death of Berkshire Hathaway titan Charlie Munger . Contracts tied to the S&P 500, Dow industrials and Nasdaq-100 each ticked up modestly. The benchmark S&P 500 is on pace to end November with its best month since July 2022.

Persons: Berkshire Hathaway, Charlie Munger, Dow, Gold, Hang Seng, ” Organizations: Treasury, Fed, Dow industrials, Nasdaq, Futures, Hormel Foods Locations: Europe, Berkshire, Asia, Hong

☆ Stock Market Today: Dow Opens Slightly Higher; PPD Stock, Gold Price in Focus
▼ + stars: | 2023-11-28 | by ( ) www.wsj.com time to read: +1 min

But the IPO market is heating up: Fast-fashion giant Shein filed Monday for what could be one of the biggest market debuts in years. The S&P 500 and the Nasdaq Composite were modestly higher, while the Dow industrials rose 0.3%. Benchmark Treasury yields slipped. Oil prices rose. U.S. home prices rose in September.

Persons: Shein, Carlyle Organizations: OPEC, Nasdaq, Dow, Micron, Treasury, Brent

☆ Stock Market Today: Dow Slips to Start the Week; Shopify Stock Gains
▼ + stars: | 2023-11-27 | by ( ) www.wsj.com time to read: +1 min

The S&P 500 is up more than 8% this month and the three major U.S. stock indexes are on track for their strongest monthly performances in more than a year . The market is getting back into gear after the Thanksgiving holiday and a shortened Black Friday session . The S&P 500, Dow industrials and tech-focused Nasdaq Composite were all making small moves. Amazon rose more than 1%, with the stock on pace for its highest close of the year. The benchmark 10-year yield dipped slightly after ending last week at 4.483%.

Persons: Dow, Brent Organizations: Investors, Treasury

☆ Don't fear December: Stocks usually see year-end gains, especially before a presidential election year
▼ + stars: | 2023-11-27 | by ( Scott Schnipper | ) www.cnbc.com time to read: +2 min

December is the time of the season when investors seldom have to worry about stock market performance, particularly in years that come before a presidential election. "Trading in December is holiday-inspired and fueled by a buying bias throughout the month," Hirsch recently told subscribers. "However, the first part of the month tends to be weaker as tax-loss selling and yearend portfolio restructuring begins." December does even better for small-cap stocks, at least going back to 1979, delivering the year's second-highest monthly return. That small cap return is usually back end loaded, however, only starting around the middle of the month.

Persons: Jeffrey Hirsch, Hirsch, outsized, Dow Industrials, Russell Organizations: Nasdaq, Dow Jones, Nvidia, Tesla, Meta, Microsoft Locations: Decembers

☆ Stock Market Today: Dow Futures Hover to Start the Week
▼ + stars: | 2023-11-27 | by ( ) www.wsj.com time to read: +1 min

As the market gets back into gear after the Thanksgiving holiday and a shortened Black Friday session, though, futures are subdued. Contracts linked to the S&P 500, Nasdaq-100 and the Dow industrials slipped about 0.1%. Most actively traded Brent futures declined about 1.6% to trade at close to $79 a barrel. That put Brent on pace for a fourth losing session, amid continued wariness about the coming OPEC cartel meeting. Asian stocks slipped, with indexes in Hong Kong, Shanghai and Tokyo closing down.

Persons: Dow industrials, Brent Organizations: Nasdaq Locations: Hong Kong, Shanghai, Tokyo, Europe

☆ Stock Market News: Black Friday Gets Under Way
▼ + stars: | 2023-11-24 | by ( ) www.wsj.com time to read: +1 min

Will investors spot any stock-market bargains, and what will they learn about the resilience of the U.S. consumer? Meantime, index futures are muted in early trading, ahead of a holiday-shortened session. And oil prices have stabilized after recent weakness, driven in part by tensions within the OPEC+ cartel. U.S. markets will close early. In Asia, Hong Kong’s Hang Seng Index fell 2% and the Shanghai Composite lost 0.7% after rallying the day before.

Persons: It's, Dow industrials Organizations: Investors, Stock, Nasdaq, Dow, The New York Stock Exchange, Brent, Shanghai Locations: OPEC, U.S, Asia, Hong, Europe

☆ Tech Stocks Sink Ahead of Nvidia Earnings
▼ + stars: | 2023-11-22 | by ( Eric Wallerstein | ) www.wsj.com time to read: 1 min

Best Buy shares fell after the retailer said consumers are hunting for deals and demand has been hard to predict. Photo: Richard B. Levine/Zuma PressArtificial intelligence powered the stock market for much of the year. Now it is testing U.S. stocks’ November rally. The S&P 500 slipped 0.2%. The Dow industrials fell 0.2%, or 63 points.

Persons: Richard B, Levine, Dow industrials Organizations: Nasdaq

☆ Stock Market Today: Index Futures Edge Higher
▼ + stars: | 2023-11-22 | by ( ) www.wsj.com time to read: +1 min

OpenAI said Sam Altman will return as chief executive of the artificial-intelligence startup, ending a standoff that began when the board fired him last week. Nvidia shares edged down premarket, even after the company reported blockbuster sales of chips used in AI. Broad markets are poised for a quiet pre-Thanksgiving session, with stock-index futures nudging higher. Index futures were muted. Ten-year yields slipped, after settling Tuesday at 4.417%.

Persons: OpenAI, Sam Altman, Dow Organizations: Nvidia, Dow industrials, Nasdaq, Treasury, Traders, Nikkei Locations: Europe, Shanghai

☆ Stock Market News Today: Dow, Nasdaq Edge Higher; Nvidia Stock in Focus
▼ + stars: | 2023-11-22 | by ( ) www.wsj.com time to read: +1 min

Major stock indexes continued their November march higher ahead of the Thanksgiving holiday , while oil prices fell . Nvidia shares slipped a day after it reported blockbuster sales of chips used in AI. Bitcoin prices edged higher. Ten-year yields edged higher after settling Tuesday at 4.417%. Bitcoin prices edged higher.

Persons: OpenAI, Sam Altman, Dow Organizations: Nvidia, Binance, Dow industrials, Nasdaq, Autodesk, Deere, Airlines, Treasury, Energy, Benchmark, Overseas, Nikkei Locations: Europe, Shanghai

☆ Stock Market Today: Dow, S&P 500 Open Higher; Nvidia Stock in Focus
▼ + stars: | 2023-11-22 | by ( ) www.wsj.com time to read: +1 min

Major stock indexes ticked higher ahead of the Thanksgiving holiday , while oil prices fell . Nvidia shares slipped a day after it reported blockbuster sales of chips used in AI. Bitcoin prices edged lower after the founder of Binance, the world’s largest crypto exchange, pleaded guilty to violating criminal U.S. anti-money-laundering requirements. Ten-year yields edged higher, after settling Tuesday at 4.417%. Bitcoin prices edged lower.

Persons: OpenAI, Sam Altman, Dow Organizations: Nvidia, Binance, Dow industrials, Nasdaq, Autodesk, Deere, Treasury, Energy, Nikkei Locations: Europe, Shanghai

☆ Stock Market Today: Dow, S&P 500 Open Lower; Nvidia's Earnings in Focus
▼ + stars: | 2023-11-21 | by ( ) www.wsj.com time to read: +1 min

Artificial intelligence remains in the spotlight, testing U.S. stocks after the S&P 500 posted its best three-week stretch since 2020. Earnings are due later today from Nvidia, the chip maker that has been riding the AI wave . Investors are also watching the drama unfolding at OpenAI , where hundreds of staff are threatening to quit—and contemplating the implications for Microsoft and others. The AI boom that powered the stock market higher for much of the year stalled this summer as Treasury yields surged. The S&P 500, Nasdaq Composite and the Dow industrials started Tuesday in the red.

Persons: —, Stocks, Dow industrials, Treasurys Organizations: Nvidia, Microsoft, Nasdaq, Dick's Sporting Goods, Burlington Stores

☆ Stock Market Today: All Eyes on Nvidia's Coming Results
▼ + stars: | 2023-11-21 | by ( ) www.wsj.com time to read: +1 min

Earnings are due later from Nvidia, the chip maker that is riding the AI wave . Meanwhile investors are watching the drama unfolding at OpenAI , where hundreds of staff are threatening to quit—and contemplating the implications for Microsoft and others. “AI exuberance has been a dominant theme this year,” said Laura Cooper, a macro strategist at BlackRock. Some of this enthusiasm waned as borrowing costs surged earlier in the fall, she said. International benchmarks were subdued, with indexes in Hong Kong, Shanghai and Tokyo closing flat to slightly lower.

Persons: —, ”, Laura Cooper, Dow industrials, BlackRock’s Cooper, Brent Organizations: Nvidia, Microsoft, BlackRock, ”, Nasdaq, Dow Locations: OpenAI, Treasurys, Hong Kong, Shanghai, Tokyo

☆ Stock Market Today: Cisco Stock Tumbles After Results
▼ + stars: | 2023-11-16 | by ( ) www.wsj.com time to read: +1 min

If sustained, the fall would wipe out $20 billion-plus in market value for Cisco, a Dow industrials component. Elsewhere, the market looked set for a breather after hitting a two-month high yesterday, with major indexes and bond yields little changed. Stock futures were little changed. Futures for the tech-oriented Nasdaq-100 slipped 0.2% while Dow industrials and S&P 500 futures were close to flat. Hong Kong’s Hang Seng Index fell more than 1% after data showed new home prices in China fell at a faster pace in October.

Persons: Dow industrials, Brent Organizations: Cisco, Dow, Stock Locations: U.S, China

☆ Stock Market News Today: Dow Falls; Cisco, Walmart Stocks Tumble After Earnings -- Live Updates
▼ + stars: | 2023-11-16 | by ( ) www.wsj.com time to read: +1 min

Cisco's shares dropped more than 11% early Thursday after the network-equipment giant slashed revenue forecasts , wiping away more than $20 billion of the Dow Component's market value. Walmart , Burberry, Alibaba and Palo Alto Networks shares also took hits following the companies' latest updates to investors. The tech-oriented Nasdaq Composite and Dow industrials fell more than 0.2%. The U.S. 10-year yield fell below 4.5%. Oil prices weakened.

Persons: Dow industrials, Bonds Organizations: Dow, Walmart, Burberry, Alibaba, Palo Alto Networks, Siemens, Federal, Benchmark Locations: Palo, U.S

☆ Boeing Shares Lift Dow Industrials, With Inflation Data Looming
▼ + stars: | 2023-11-14 | by ( Sam Goldfarb | ) www.wsj.com time to read: 1 min

Boeing’s stock rose 4% after the company received an order for 95 aircraft. Photo: Lindsey Wasson/REUTERSA large order for jets helped boost Boeing shares Monday in an otherwise quiet day for U.S. markets ahead of key inflation data. Given a lift by Boeing, the Dow Jones Industrial Average rose 0.2%, or roughly 55 points. The S&P 500 slipped 0.1%, while the tech-heavy Nasdaq Composite fell 0.2%.

Persons: Lindsey Wasson Organizations: REUTERS, Boeing, Dow Jones, Nasdaq

☆ CPI Report Today: Futures Edge Up Ahead of Inflation Data
▼ + stars: | 2023-11-14 | by ( ) www.wsj.com time to read: +1 min

Economists surveyed by The Wall Street Journal expect annual CPI to have risen 3.3%, or 4.1% on a core basis. Ahead of that data, which will be scrutinized by investors for its implications for future interest-rate policy, stock futures ticked up early Tuesday. The yield on the benchmark 10-year note held steady after rising for two of the past three trading days. The 10-year yield declined. Glencore stock rose nearly 4% in London, while shares in U.S.-listed Teck advanced premarket.

Persons: Stocks Organizations: Wall, CPI, Nasdaq, Dow, Treasury, Consumer, Teck Resources Locations: Asia, Hong Kong, Tokyo, Europe, Stockholm, Teck, London, U.S

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