The DJIA fell 28 points Tuesday as both domestic and global data stamped out gains fueled by merger activity and news of an impending spin-off of eBay's (Nasdaq: EBAY) PayPal division.
U.S. consumer confidence slipped in September for the first time in five months, while annual home prices growth crawled in July to its slowest pace in two years, according to the Case-Shiller home price index.
Here are today’s top stories…
Dow Jones Today Slips 41 Points but GPRO, ATHL Log Double-Digit Gains
The Dow Jones today fell 41 points as investors raised new concerns about civil unrest in Hong Kong, where the Chinese government fired tear gas at pro-democracy protesters in one of the largest political crackdowns in China since the Tiananmen Square protests 25 years ago.
The S&P Volatility Index (VIX) soared more than 10% this morning as market uncertainty spiked.Here are the top stories from today…
Dow Jones Makes It Clear That Inversion Deals Are Unwanted Trend
Dow Jones Industrial Average officials just made membership requirements for its elite index even more stringent, prompted by a surge in inversion deals made to avoid the high U.S. corporate tax rate.
The committee overseeing the storied blue-chip benchmark just updated the definition for index inclusion. The classification now states that companies that conduct business in the United States, but are incorporated abroad, are not eligible for admission in the 30-stock index.
The Dow tweaked the language used in its process of accepting components into the coveted index to officially read that member companies must be incorporated and headquartered in the United States. Additionally, the United States must be a company’s largest revenue-generating country.
That means the new eligibility requirements clearly exclude companies that have moved overseas via inversion deals.Keep reading...
Will the Dow Jones Bounce Back Today?
Yesterday (Thursday), the Dow Jones Industrial Average suffered its steepest drop since July 31st, with tech stocks leading the plunge.
The dive was fueled by a sharp downturn in shares of Apple Inc. (Nasdaq: AAPL), which fell for the second consecutive day. AAPL stock dropped 3.8%, falling below $100 per share. Concerns about software glitches in its iOS platform and structural problems in the iPhone 6 Plus are heavily weighing on the stock.Can the Dow Jones recover Friday? Here are the top stories facing U.S. markets...
Dow Jones Today Surges 154 Points, plus GDOT Soars 24% on WMT Partnership
The Dow Jones today soared 154 points as U.S. markets posted their largest gains in five weeks on Wednesday. Federal Reserve Bank of Chicago President Charles Evans urged the central bank to be "exceptionally patient" when deciding a timeframe on increasing interest rates.Here are the top stories from the stock market today...
Dow Jones and S&P 500 Close at Record Highs Today, BABA Frenzy Continues
U.S. markets soared again Thursday, with the Dow Jones and S&P 500 both closing at record levels. Investors continue to eye the Federal Reserve, which said it will maintain a low interest rate for some time but plans to increase the rate in quick spurts as the economic recovery continues.
All eyes are on the Alibaba IPO, with BABA shares to begin trading on the NYSE Friday.Here are more top stories from today’s trading…
- Dow Jones Today Hits Record Close of 17,156 on Fed Meeting News The Dow Jones today closed at a record high after the Federal Reserve released a statement that indicates its intent to maintain low interest rates for "a considerable time." Markets were quiet for most of the day, as investors were looking to determine whether the central bank plans to boost interest rates before the consensus expectations of mid-2015. Here are the top stories from the stock market today…
Dow Jones Today Gains 43 Points but Nasdaq Plunges as FB, NFLX, TSLA Slip
The Dow Jones today was on the rise as markets gear up for Chinese e-comm giant Alibaba Holding Group's initial public offering, slated for Friday.
The tech sector took a hit this afternoon. The Nasdaq slipped roughly 1% today, with Tesla Motors (Nasdaq: TSLA) falling 9% and Facebook (Nasdaq: FB) and Netflix (Nasdaq: NFLX) both off nearly 4%.Here are the top stories from the stock market today…
DJIA Sheds 61 Points as Markets Suffer First Weekly Loss in Six Weeks
The Dow Jones Industrial Average (DJIA) closed down 61 points Friday, dipping beneath the 17,000 mark, while the S&P Volatility Index (VIX) soared more than 10% intraday.
Economic concerns tied to the new round of sanctions against Russian oil and gas companies weighed heavily on oil stocks this afternoon.Here are the top stories from the stock market today...
DJIA Today Dips on Energy News, plus AAPL Slips Further Ahead of Big Reveal
The DJIA today dipped due to a slide in energy prices, and U.S. stocks were mixed overall. Global growth concerns weighed heavily on crude oil prices, with Brent crude prices slipping below $100 per barrel for the first time in more than a year.
This dragged down prices of global producers and oilfield service providers such as BP (NYSE: BP) and Schlumberger (NYSE: SLB).Here are the top stories in the stock market today…
Stock Market Today Rises with S&P 500 Hitting Record High, Dow Gains 67 Points
U.S. stock markets rallied Friday to end the week on a high note, with the S&P 500 and the Dow Jones both logging their fifth consecutive weekly gains.
Although a lackluster jobs report indicates that hiring slowed in August, the structural weakness in the jobs sector likely means the U.S. Federal Reserve will hold off on raising interest rates.Here are the top stories from the stock market today…
DJIA Today Adds 10 Points, but AAPL’s 4% Tumble Weighs on Nasdaq
DJIA Today, Sept. 3, 2014: The Dow Jones Industrial Average managed to eke out a 10-point gain Wednesday, but overall U.S. markets were mixed as global tensions and strong auto sales offset one another. The Nasdaq was weighed down heavily by the tech sector this afternoon, as shares of Apple Inc. (Nasdaq: AAPL) slumped more than 4%.Here are the top stories from the stock market today…
Cybersecurity Issues for AAPL and HD Headline Stock Market News Today
Stock Market News Today, September 3, 2014: The Dow Jones Industrial Average dipped 30 points Tuesday after a rash of geopolitical concerns hit markets, and crude oil prices slipped to a 15-month low. Rising concerns in Pakistan, Iraq, and Ukraine outweighed positive news on the U.S. economy.Here’s what you should know to make your Wednesday profitable:
This morning, U.S. futures and European stocks were on the rise as hopes for a ceasefire in Ukraine emerged. The European Union (EU) is hoping to avoid issuing further sanctions on Russia following the invasion of eastern Ukraine.
Dow Jones Today Dips 30 Points – but DGLY Spikes Again
The Dow Jones today dipped 30 points after a rash of geopolitical concerns hit markets and crude oil prices slipped to a 15-month low. Rising concerns in Pakistan, Iraq, and Ukraine outweighed positive news on the U.S. economy.Now, here are the top stories from the stock market today…
DJIA Today Dips on Ukraine Concerns, but AAPL a Bright Spot with Sept. 9 Event
The Dow Jones Industrial Average (DJIA) today shed 42 points today and gold prices rose for the third consecutive session as investors sought safety from rising geopolitical tensions in Ukraine. This morning, Russian forces invaded Ukraine via the eastern border.
The losses remained tempered by a batch of strong economic data that saw U.S. second-quarter GDP growth revised upward to 4.2%.Here are the top stories from the stock market today…
DJIA Today Hits New Intraday High, S&P 500 Closes Above 2,000 for First Time
DJIA Today, Aug. 26, 2014: U.S. stock markets struck multiple intraday records this afternoon, as strong consumer data suggested further momentum for the economy. The Dow Jones hit an all-time intraday high of 17,153.80. The S&P 500 Index hit another record to close above 2,000 for the first time today, fresh off its first intraday rise over that landmark level yesterday.Now, here are the top stories from the stock market today…