Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Dow Industrials"


25 mentions found


Nasdaq 100 futures retreated on Sunday evening as Wall Street turned its attention to the start of the second quarter. Nasdaq 100 futures shed 0.31%, while S&P 500 futures slid 0.08%. The moves in futures come ahead of the first trading day of the second quarter on Monday. It was the index's best stretch since the second quarter of 2020. Meanwhile, the S&P 500 rose 7% in the first three months of the year for its second-straight positive quarter.
By comparison, the Dow has gained around 0.7% in an average month since 1950. April has historically been the second best month for the S & P 500 and fourth best for the Nasdaq Composite (and second best for Russell 1000 and third best for the Russell 3000). More good news: The Aprils of previous pre-election years have posted an even stronger average performance. Lately, the Dow Industrials have exhibited strength following the tax filing deadline, per the Almanac, which falls on April 18 this year. A March advance would mark a reversal from February, when the Dow Industrials lost 4.2% and briefly gave up all of its early 2023 gain.
Traders work on the floor of the New York Stock Exchange (NYSE) on February 27, 2023 in New York City. U.S. stock futures were little changed on Sunday night as Wall Street looked ahead to a week filled with economic data and the latest commentary from the Federal Reserve. Dow Jones Industrial Average futures fell by 44 points, or 0.13%. An upward move in the 10-year yield raises borrowing costs for consumers and could signal a drop in investor confidence. Economists are expecting a decline of 1.8% in January, according to consensus estimates from Dow Jones.
Dow Industrials Rise as Oil Prices Jump
  + stars: | 2023-03-04 | by ( Anna Hirtenstein | ) www.wsj.com   time to read: 1 min
The Dow Jones Industrial Average rose Monday as investors weighed a surge in oil prices after Saudi-led crude producers announced a surprise production cut over the weekend, saying they would reduce output by over a million barrels per day from May. “This comes at a time when the fight on inflation is not over. If inflation from energy prices starts to rebound again, that won’t be a good scenario for central banks,” said Luc Filip, head of investments at SYZ Private Banking.
The recent market downswing could give way to a big two-month rally, according to Tom Lee, managing partner at Fundstrat. Labor and inflation data in the past month showed unwelcomed stickiness that concerned investors hoping the Federal Reserve would slow down its rate hiking campaign. Lee said data on labor unit costs should be the "last of the 'hot' inflation data," expecting cooler numbers in the near future. He also said the bond market will pivot to reflect a less-aggressive Fed in terms of monetary policy. Lee said the bond market is still more expensive than stocks when comparing price-to-earnings ratios.
All three main stock indexes climbed more than 1% shortly after the opening bell, in part due to an easing in Treasury yields, and all three closed well off their session highs. Stocks steadily gave up gains throughout the session as U.S. Treasury yields moved off the day's lows. Traders work on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 27, 2023. Advancing issues outnumbered declining ones on the NYSE by a 1.69-to-1 ratio; on Nasdaq, a 1.41-to-1 ratio favored advancers. The S&P 500 posted 4 new 52-week highs and 8 new lows; the Nasdaq Composite recorded 71 new highs and 102 new lows.
Each of the three main indexes climbed more than 1% shortly after the opening bell, in part due to an easing in Treasury yields. The yield on two-year Treasury notes , which typically moves in step with interest rate expectations, slipped after touching a near four-month high. Seagen Inc (SGEN.O) surged 9.73% after the Wall Street Journal reported that Pfizer (PFE.N) was in early talks to acquire the biotech firm. Advancing issues outnumbered declining ones on the NYSE by a 2.30-to-1 ratio; on Nasdaq, a 1.66-to-1 ratio favored advancers. The S&P 500 posted four new 52-week highs and five new lows; the Nasdaq Composite recorded 58 new highs and 82 new lows.
U.S. stock indexes suffered their worst session of the year Tuesday, dragged down by a disappointing forecast from Home Depot and growing concerns that the Federal Reserve will keep interest rates higher for longer. After rallying sharply to kick off 2023, stocks have stumbled in recent weeks as hot economic data have made investors anxious about the trajectory of U.S. monetary policy.
Dow Industrials Slip After U.S. Inflation Data
  + stars: | 2023-02-14 | by ( Chelsey Dulaney | Akane Otani | ) www.wsj.com   time to read: 1 min
The Dow Jones Industrial Average edged lower Tuesday after data showed inflation cooled, but remained hot enough to keep the Federal Reserve on track for further interest-rate increases. The Dow lost 156.66 points, or 0.5%, to 34089.27. The broad-based S&P 500 was roughly flat, falling 1.16 points, or less than 0.1%, to 4136.13, erasing earlier gains.
The Dow Jones Industrial Average last year was a relative bright spot in a battered stock market. Now, speculation is back, and the blue chips are falling behind. The 30-stock index is up 2.4% in 2023 but is badly trailing the Nasdaq Composite Index, which has surged 14%. Largely home to technology and other growth stocks, the Nasdaq is off to its best start since 1991, and the spread between the indexes is the widest since 2000 for any year through Feb. 8.
LOS ANGELES – While shareholders will still be keyed in to see how many subscribers Disney's suite of streaming services added during the fiscal first-quarter report, the focus of Wednesday's earnings will be the return of CEO Bob Iger. This is Iger's first earnings call since early 2020, and his words will set the tone for the future of the media company. As part of that warning, the company noted that its Disney+ platform may see a tapering of growth going forward. In November, the company reported $1.5 billion in operating losses at its direct-to-consumer unit, which includes its streaming services. As for subscriber growth, analysts predict the total Disney+ user pool will be 161.1 million, a loss of around 3 million compared to the previous quarter.
Fed Chairman Jerome Powell triggered a surge in stocks when he spoke Wednesday , taking the S & P 500 into a new range. Redler expects a near term peak for the S & P 500 could be around 4,200-4,220. The S & P 500 and Nasdaq were both higher Thursday, as the 10-year Treasury yield continued its slide to a low of 3.35%. He's watching the growing number of three-month highs in the Russell 1000 and S & P 600 , which are now outpacing the new highs in the S & P 500. The VIX is based on puts and calls in the S & P 500.
Cruise-line shares gained as Norwegian Cruise Line Holdings said its first-quarter revenue tripled and bookings rose to a record. Photo: Joe Raedle/Getty ImagesMajor stock indexes hardly budged Monday after regulators seized ailing lender First Republic Bank and agreed to sell the bulk of its operations to JPMorgan Chase . The sale pre-empts a chaotic collapse of the San Francisco-based lender that investors feared could reignite March’s banking turmoil and instead puts the spotlight back on the Federal Reserve’s interest-rate decision on Wednesday.
The S&P 500 notched its fifth consecutive losing session, and the Nasdaq Composite marked a fourth straight loss. Major banks are sounding the alarm on recession worries and potentially sharp losses in 2023. A slump in Chinese trade in November underscored global recession fears. Sign up for our newsletter to get the inside scoop on what traders are talking about — delivered daily to your inbox. The S&P 500 notched its fifth consecutive losing session with eight of its 11 sectors moving lower, led by the communications services group.
US stocks fell Wednesday and were on track to extend a run of losses. A slump in Chinese trade in November highlighted global recession worries. Chinese trade figures released Wednesday underscored recession fears even as the world's second-largest economy continued to roll back its zero-COVID policy measures related to quarantines and testing. Official data released by the government showed exports in November contracted by 8.7% in November from a year earlier, the worst decline since February 2020 when the COVID outbreak was starting to spread worldwide. Here's what else is happening today:Goldman Sachs boss David Solomon sees just a 35% chance the Fed avoids a recession.
Stocks powered higher this week after the October inflaton report but the path to year-end gains remains volatile, market analysts say. It won't be a straight-up rally," Nancy Tengler of Laffer Tengler Investments says. People covering short positions and outsized influence of trading algorithms appeared to have helped fuel Thursday's rally, Tengler said in taking a broader view of that day's run higher. Another inflation report is due before the Fed's next meeting. "If there's still work to be done with inflation then rates are still going to go higher.
We're exiting our position in Marvell Technology (MRVL), selling our last 900 shares at roughly $38.86 each. Given our desire to become even more defensive around our portfolio and reduce our exposure to tech, we're making the tough decision Thursday to move on from Marvell Technology . Over the past few years, we've booked significant profits in the stock — in some cases, those gains were well above 200%. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. Matt Murphy, president and CEO of Marvell Technology.
Reuters GraphicsInvestors had been widely anticipating a 75-basis point rate hike, while hoping the Fed would signal a willingness to begin downsizing the rate hikes at its December meeting. However, comments from Fed Chair Jerome Powell that it was "very premature" to be thinking about pausing rate hikes sent stocks sharply lower. Wednesday's decline was the largest percentage drop for the S&P 500 since October 7. The private payrolls report came on the heels of data on Tuesday that showed a jump in U.S. monthly job openings, indicating labor demand remained strong. The S&P 500 posted 22 new 52-week highs and 20 new lows; the Nasdaq Composite recorded 108 new highs and 203 new lows.
The Dow Industrials just chalked up the best month since 1976 — and out of the 30 stocks that make up the average, we hold eight of them in the Club portfolio. Here's how all of our stocks in the Dow did in the month. Salesforce (CRM) had the third-largest gain of the eight Club stocks in the Dow, rising 13% in October. Keep in mind that for the year, J & J has outperformed the Dow as investors have flocked to classic defensive pockets of the market like health care. J & J closed at nearly $174 on Monday.
U.S. stocks rose Friday, with big gains by Apple helping offset declines among consumer discretionary stocks weighed down by a sales warning from e-commerce giant Amazon . The tech-heavy Nasdaq Composite Index rose 309.78 points, or 2.9%, to 11102.45, bouncing back after two days of declines. The S&P 500 added 93.76 points, or 2.5%, to 3901.06 while the Dow Jones Industrial Average was up 828.52 points, or 2.6%, to 32861.80. All three indexes finished the week with gains, with the Dow industrials’ recent run-up putting it down less than 10% year-to-date.
U.S. stocks rose Friday, with big gains by Apple helping offset declines among consumer discretionary stocks weighed down by a sales warning from e-commerce giant Amazon . The tech-heavy Nasdaq Composite Index rose 2.3%, bouncing back after two days of declines. The S&P 500 added 2%, while the Dow Jones Industrial Average was up 2.3%, or 735 points. All three indexes are on track for solid weekly gains, with the Dow industrials’ recent run-up putting it down less than 10% year-to-date.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThursday, Oct. 27, 2022: Cramer considers trimming this surging portfolio stockJim Cramer and Jeff Marks discuss why they believe money is being pulled out of tech stocks in the Nasdaq and into the Dow Industrials. Jim says those industrial names are more likely to return capital to shareholders right now. Jim also shares which stocks he is looking to trim in overbought territory, and why it may be time to buy more of one automaker already in the Charitable Trust.
U.S. stock indexes rose on Tuesday following a market rally that propelled the Dow Jones Industrial Average to a six-week high. The S&P 500 rose 1.2% on Tuesday, while the tech-heavy Nasdaq Composite added 1.9%. The blue-chip Dow industrials edged higher by 0.8%. The moves come after two days of strong gains for the major indexes—and as investors continue to gauge company earnings reports.
It's been eight years since the last edition of "Stocks For the Long Run." I think the key takeaway here is that in the long run stocks do tend to overcome inflation. And secondly, as you point out, not only do stocks tend to overcome inflation in the long run, they completely overcome inflation. Remember that is 4% before inflation, take that and compare it with the long run real return on stocks, which is 6.7% after inflation. You should own your home… But don't forget the real estate market and all the commercial real estate.
US stocks climbed Wednesday, with the S&P 500 logging its first win in seven sessions. Oil prices rose and concerns about iPhone 14 demand weighed on Apple's stock. The Dow industrials and the S&P 500 were higher after six straight losses while the Nasdaq Composite rose for a second straight session. All 11 sectors on the S&P 500 gained ground, led by the energy group. Oil prices rose after US weekly crude stockpiles unexpectedly fell by 200,000 barrels.
Total: 25