Stock market news today, April 28, 2014: U.S. stock futures are in the black this morning on anticipation of increased mergers-and-acquisitions activity.
Dow Jones Today: A sharp Friday selloff turned markets negative for the week. The Dow Jones Industrial Average fell 139.87 points to finish the week at 16,361.78. The Nasdaq dropped 72.78 points to finish at 4,075.56 and the S&P 500 was down 15.20 points to close at 1,863.41.
Consumer discretionary stocks like Amazon.com Inc. and Ford Motor Co. were off big in afternoon trading. Ford announced quarterly profits fell by 39% due to an increased allocation of money to fix defects and currency devaluations in South America.
In addition, uncertainty over Russia’s decision on how to handle Ukraine is wearing on investors.
It could be a tough day for markets. Violence in Ukraine has escalated, triggering concerns that Russia may invade the nation in the coming days. Following the killing of pro-Moscow rebels by Ukrainian soldiers, Russia has begun war games along the border.
Aside from the conflict in Ukraine, here are the five stories you need to know in the stock market today, including AMZN earnings, $1 trillion in merger mania, Warren Buffett on the "bubble," and more...
The Nasdaq rose this afternoon on Apple Inc.'s (Nasdaq: AAPL) strong quarterly earnings. Though the three major U.S. stock indexes opened higher, the markets slid from their intraday highs.
Most of the volatility stems from concerns over Russian military drills starting on the Ukrainian border.
U.S. stocks slid on the Dow Jones today (Wednesday). The index lost 0.08% to close at 16,501.65. The Standard and Poor's 500 Index and the Nasdaq Composite were both unable to deliver a seventh consecutive winning session. The S&P dropped 0.22% to close at 1,875.39, while the Nasdaq fell 0.83% to finish at 4,126.97.
Despite the downturn, it was an extremely busy day on Wall Street and in the financial world, especially for tech giant Amazon and coffee king Starbucks.
The Volcker Rule is supposed to ban banks from making hazardous and speculative trades.
But the big banks are begging for the chance to make the same kind of moves that got us into the 2008 global credit crisis, one of the worst in the modern world.
U.S. stocks jumped yesterday on strong earnings reports and a deal frenzy across the healthcare sector. The S&P 500 and Nasdaq were in the black for the sixth consecutive trading session.
They'll go for seven on yet another big day of earnings reports.
Tag page copy: The Dow Jones Industrial Average is the most inaccurate and distorted of all stock indices - and yet it remains the most followed stock market index.
Many of the Dow's flaws are well-known, but that hasn't stopped people who should know better from following its every move.
Markets rose modestly on Monday after investors weighed data from earnings season.
The Dow Jones today gained 40 points to close at 16,449.25. The S&P 500 is on its longest winning streak since October, rising 7 points to close at 1,871.89. The Nasdaq gained 26 points to close at 4,121.55, up for a fifth straight session.
For the fourth straight trading session, U.S. stocks climbed on news that General Electric Co. (NYSE: GE) and Morgan Stanley (NYSE: MS) and other companies beat quarterly expectations.
The Dow Jones Industrial Average today fell 16 points to 16,408.5; the S&P 500 gained 2.5 points to 1,864.8; the Nasdaq rose 9.2 points to 4,095.5.
Wall Street is full of adages, superstitions, and myths - and that includes the explanation of why the stock market is closed on Good Friday.
Good Friday is the only non-federal holiday when the NYSE closes. Rumor has it that it's closed due to serious crashes that occurred in the years it did open that day.
The Dow Jones today gained 89 points to close at 16,262.50. The S&P rose 12 points to close at 1,842.98, and the Nasdaq added 11 points to close at 4,034.16.
U.S. stock futures were weak this morning as Wall Street looks to looming tensions in Ukraine and worse-than-expected Chinese data.
The Dow Jones Industrial Average rose 146 points on Monday to finish at 16,173.24. The Nasdaq increased by 22 points to finish at 4,022.69, while the S&P 500 added 14 points to end the day at 1,830.61.
The U.S. markets jumped on Monday, with all three major benchmarks posting gains after stronger than expected retail data overshadowed concerns about geopolitical problems in Ukraine.
U.S. retail sales ticked up 1.1% in March to a seasonally adjusted $433.9 billion, according to the Commerce Department. This was the largest monthly gain in retail sales since September 2012.
Stock market news today, April 11, 2014: The Nasdaq fell 129 points to finish Thursday at 4,054.11, its worst one-day drop since 2011 as investors ditched biotech, Internet, and other high-growth stocks. The CBOE Volatility Index (VIX) surged 17%, its largest one-day jump since late January.
The Dow Jones Industrial Average plummeted 267 points to finish at 16,169.90, while the S&P 500 dropped 39 points yesterday to 1,833.09.