Good morning! For Thursday, May 21, U.S. stock futures forecasted a 17-point decline from yesterday's close. This morning, U.S. jobless claims remained at a near 15-year low. Claims registered at roughly 274,000, a little higher than economist expectations of 271,000.
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The Dow Jones Industrial Average today eked out a 13-point gain to hit another closing high. The S&P 500 remained in the red, however, as energy stocks slid and retailers reported weak earnings for the March-ending quarter.
This morning, U.S. housing starts jumped to their highest levels in roughly seven and a half years, while new permits rose.
U.S. stock futures for Tuesday, May 19, forecasted a 36-point gain from yesterday's close on stronger-than-expected housing data and optimism over retailer earnings reports.
The DJIA Index and the S&P 500 both hit record highs on Monday as concerns about interest-rate hikes faded and traders overlooked weakness in the housing markets.
The DJIA Index and the S&P 500 both hit new record highs today as concerns about interest rate hikes faded and traders overlooked weakness in the housing markets.
Investors also largely ignored concerns raised over the weekend regarding Greece's ongoing debt woes and worries that the nation is on the verge of bankruptcy.
Stock futures today forecast a decline of 23 points from Friday's close.
The dip comes against a big week of speeches from Members of the Fed Open Market Committee and a number of earnings reports from big-box retailers, who are coming off a weak March-ending quarter due to supply chain problems and harsh winter weather.
How did the stock market do today?
Here are the final #s, stocks to watch, and all your other key investing news for May 15, 2015.
Good morning! For May 14, 2015, U.S. stock futures forecasted a 30-point increase from Thursday's close as continued weakness in the dollar squeezes out even more from the markets' bull run.
The S&P 500 soared to a new high on Thursday and the DJIA Index rose 191 points on news that weekly jobless claims remained near a 15-year-low. A falling U.S. dollar fueled optimism about the possibility of stronger international sales for domestic-based companies.
Why the Market Is Up Today: The S&P 500 soared to a new closing high and the DJIA Index rose 191 points on news that jobless claims remained near a 15-year-low.
A falling U.S. dollar fueled optimism about the possibility of stronger international sales for domestic-based companies.
Good morning! U.S. stock futures for Thursday, May 15, forecasted a 110-point increase from Wednesday's close.
Companies reporting quarterly earnings include Teekay Corp. (NYSE: TK), Symantec Corp. (Nasdaq: SYMC), Nordstrom Inc. (NYSE: JWN), Kohl's Corp. (NYSE: KSS), El Pollo Loco Holdings Inc. (Nasdaq: LOCO), and SINA Corp. (Nasdaq: SINA). Investors will also tune into weekly jobless claims and an update on the Producer Price Index (PPI).
The DJIA Index erased early gains to end today's session down 7 points on news that retail sales slumped in April, fueling new concerns that second-quarter growth may not rebound as projected by economists.
Former Federal Reserve Chairman Alan Greenspan said markets are facing another "taper tantrum" when the central bank increases interest rates in the near future.
Dow Jones futures today (Wednesday) forecasted a 55-point increase from Tuesday's Dow close.
Pre-market movers included Shake Shack Inc. (NYSE: SHAK), American Express Co. (NYSE: AXP) and Cisco Systems Inc. (NYSE: CSCO).
The DJIA Index pared early triple-digit losses as U.S. Treasury prices reversed course, but the index still lost 36 points on the day.
Dow Chemical Co. (NYSE: DOW) was the biggest drag on the Dow today, slipping 1.73%. Other big movers today include AOL Inc. (NYSE: AOL), Pall Corp. (NYSE: PLL), and Rackspace Hosting Inc. (NYSE: RAX).
DJIA futures today forecasted a 100-point decrease from Monday's Dow close.
The Dow Jones Industrial Average today slipped 15 points on renewed concerns over Greece's debt problems and a downturn in the Chinese economy. In addition, falling oil prices weighed down the energy sector. And a slew of big banks are bracing themselves for guilty pleas in regards to rigging forex markets.
The Dow Jones Industrial Average today slipped 85 points on renewed concerns over Greece's debt problems and a downturn in the Chinese economy.
In addition, falling oil prices weighed down the energy sector this afternoon. Shares of Exxon Mobil (NYSE: XOM), Chevron (NYSE: CVX), and ConocoPhillips (NYSE: COP) all fell more than 1% today.
U.S. stock futures for Monday, May 11, forecasted a two-point increase from Friday's close.
On Friday, The DJIA Index surged more than 260 points as a strong April jobs report suggested the U.S. economy is gaining steam. The news could press the Federal Reserve to provide a clearer timeline for when it might raise interest rates.