Stock market close, Friday, July 18: The DJIA bounced back on Friday, up more than 100 points following Thursday's worst performance since early April. Geopolitical tensions remain high following the attack on a Malaysian jet airliner over Ukrainian skies yesterday morning, and Israel's tactical launch inside Gaza.
Stock Market Today
Stock market news today, July 18, 2014: The Dow Jones Industrial Average was hammered on Thursday and the S&P Volatility Index soared when a Malaysian Airlines plane crashed in a Ukraine. Suspicions swirled on whether it was shot down by Russians or pro-Russian separatists. Commodity prices in gold, oil, and agriculture saw strong gains as investors fled to hard assets.
In addition, multiple big name brands slumped heavily after failing to meet second-quarter earnings expectations.
Stock market today, July 16, 2014: U.S. stock markets slacked on Tuesday after statements by U.S. Federal Reserve Chair Janet Yellen in front of the Senate Banking Committee indicated that some sectors might be overvalued. Biotech and social media shares slumped in the afternoon. The iShares Nasdaq Biotechnology Index ETF (Nasdaq: IBB) slumped by more than 2.5% after Yellen's testimony.
Stock Market Today, July 15, 2014: U.S. markets slacked on Tuesday after statements by U.S. Federal Reserve Chair Janet Yellen in front of the Senate Banking Committee indicated that some sectors might be overvalued. Biotech and social media shares slumped in the afternoon. The iShares Nasdaq Biotechnology Index ETF (Nasdaq: IBB) slumped by more than 2.5% after Yellen's testimony.
The Dow Jones today hit another all-time high when it touched 17,088.43 in early trading this morning (Monday).
On FOX Business' "Varney & Co." today, host Stuart Varney asked Money Morning's Chief Investment Strategist Keith Fitz-Gerald if "stocks just want to go up," and why that may be the case.
Fitz-Gerald told viewers why U.S. stocks keep touching record highs even when some experts have declared the rally dead…
The Dow Jones Industrial Average rallied late on Friday after a surge by tech stocks overshadowed growing banking concerns in Portugal.
U.S. markets today, July 10, 2014: Dow Jones futures today (Thursday) were down 142 points, S&P 500 futures slipped 16 points, and Nasdaq 100 futures fell 35 points as of 8:30 a.m. EDT.
European and Portuguese losses are dragging U.S. markets. Additional downward pressure comes from a delayed negative reaction to Federal Open Market Committee (FOMC) meeting minutes released Wednesday, which revealed Fed plans to end its bond-buying program in October.
Stock market news today, July 9, 2014: The Dow Jones Industrial Average jumped more than 70 points on Wednesday following the release of minutes from the Federal Open Market Committee's June meeting and a strong second quarter report from aluminum giant Alcoa Inc. (NYSE: AA) to kick off earnings season.
According to S&P Capital IQ, analysts expect Q2 earnings from S&P 500 companies to grow by more than 6%. That's a strong gain from Q1's 3.4% in growth earnings.
Dow Jones today, July 9, 2014: The Dow Jones Industrial Average plummeted more than 150 points on Tuesday morning, and closed the day with a 117.59-point loss. This is the largest one-day decline in nearly two months, as investors remain cautious ahead of corporate earnings season. Eight of the 10 S&P sectors were down on the day, with utilities and consumer discretionary stocks as the lone gainers.
Dow Jones today, July 8, 2014: This morning, Apple Inc. (Nasdaq: AAPL), Groupon Inc. (Nasdaq: GRPN), and Alcoa Inc. (NYSE: AA) are among the day's more notable premarket movers.
Yesterday, the Dow Jones Industrial Average dropped more than 50 points as investors weren't willing to take risky positions ahead of earnings season. Cyclical and small-cap stocks lagged the hardest this afternoon. The CBOE Volatility index soared more than 11%, the largest hike in nearly three months. The bounce was significant, as the index hit its lowest level since February 2007 last Thursday.