Dow Jones today, October 8, 2014: The Dow Jones Industrial Average slumped heavily Tuesday after renewed concerns about global growth reemerged and investors took money off the table ahead of earnings season. The sharp selloff was led by cyclical stocks, which are typically tied to the pace of economic growth.
Stock market futures, Oct. 7, 2014: The U.S. stock markets slipped on Monday during a busy day for the tech and healthcare sectors.
In a surprise announcement on Monday, Hewlett-Packard Co. (NYSE: HPQ) said it will split into two separate companies and lay off nearly 5,000 employees. The firm will split into two listed companies, one a personal computer business and the other a manufacturer of printers. Hewlett-Packard shares were up more than 4.5% on the day.
Stock market today, Oct. 6, 2014: The U.S. stock markets rallied on Friday after a surprise jobs report showed that U.S. unemployment fell to 5.9%. It is the first time that the unemployment rate has fallen below 6% since 2008. The report offered more speculation that the U.S. Federal Reserve will likely raise interest rates by mid-2015.
Stock market today, October 3, 2014: U.S. stock market futures were up this morning (Friday), after U.S. crude oil prices fell to the lowest price in nearly 18 months on Thursday, and the S&P 500 Volatility Index (VIX) - which gauges fear in the market - dropped by 3%.
Stock market news today, Sept. 30, 2014: U.S. stock market futures were on the rise this morning, ahead of data updates on consumer confidence and home prices, and a speech by Federal Reserve Gov. Jerome Powell.
On Monday, U.S. markets slipped again as investors renewed 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.
Unrest in Hong Kong could have very bad consequences for the markets, says Money Morning Chief Investment Strategist Keith Fitz-Gerald, including the U.S. stock market.
Reports of pro-democracy demonstrations in Hong Kong overnight was the primary reason the stock market today was lower this morning (Monday), with the Dow Jones Industrial Average down as much as 170 before recovering somewhat later in the day.
In this video, Fitz-Gerald explains how Americans investors will be affected by the riots in Hong Kong...
Stock market today, Sept. 29, 2014: U.S. markets rebounded Friday, with biotech companies leading the charge. The markets got a strong shot in the arm after the U.S. Commerce Department revised GDP growth upward for the second quarter. The U.S. economy accelerated at its strongest pace in 30 months.
This morning, the U.S. dollar struck a six-year high against the yen and a 22-month high against the euro.
Stock market futures were red across the board this morning (Thursday) following yesterday's trading session that saw U.S. markets post their largest gains in five weeks. Also this morning, the Commerce Department announced that orders for durable U.S. goods sunk by a record 18.2% in August due to fewer airplane contracts. The decline came after a record high 22.5% gain in July.
Stock market today, September 24, 2014: Stock market futuresare up this morning about 0.2% for the major indices, a day after the S&P 500 fell for a third session in a row and the Dow Jones Industrial Average plunged 116 points. This all happened as U.S. airstrikes on Syria and continuing economic problems in the European Union and China rattled global markets. President Barack Obama said that the U.S. military will continue its airstrikes against ISIS fighters, raising new concerns in the international community.
Stock market today, September 23, 2014: The S&P 500 saw its biggest drop since Aug. 5 as U.S. markets pulled back on Monday amid poor data in the U.S. housing market and ongoing concerns about manufacturing levels in China.
Stock market today, Sept. 22, 2014: U.S. stock markets were mixed on Friday as the Dow Jones Industrial Average closed at another record high, while the Nasdaq and S&P 500 both ended the day down.
Stock market today, Sept. 15, 2014: All three major U.S. stock markets were down Friday, 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 week, investors will turn their attentions to the Fed Open Market Committee, which kicks off a meeting on Tuesday.
Stock market today, Sept. 10, 2014: Stock market futures were down this morning after markets took a nosedive in the final hour of trading yesterday (Tuesday). The slide followed a broad selloff of tech giant Apple Inc. (Nasdaq: AAPL) and investors heightened cautions over a possible interest rate increase by the Federal Reserve sooner rather than later.
Stock market today, Sept. 9, 2014: The U.S. stock markets were mixed Monday afternoon following a slide in energy prices. Brent crude prices slipped below $100 per barrel in London for the first time in more than a year.
Gold prices also slipped another 1% to hit a three-month low as the dollar continued its surge.
Stock market news today, September 4, 2014: U.S. stock futures were up this morning (Thursday) following a mixed trading session in the stock market Wednesday. Apple Inc. (Nasdaq: AAPL) - which accounts for nearly 9% of the Nasdaq - slumped 4.22% yesterday after a possible breach of its iCloud. As a result, the Nasdaq slipped 0.56% (25.62 points).