Archives for September 2015

September 2015 - Page 3 of 29 - Money Morning - Only the News You Can Profit From

Dow Jones Industrial Average Today on Move After This Data Released

Dow Jones futures today were on the move after a monthly update on Japan's industrial production offered greater clarity into the impact of China's slowdown on one of the world's largest economies.

The U.S. housing market is in focus with the July release of the Case-Shiller Home Price Index, set for 9 a.m.

On Monday, the Dow Jones fell 312 points as concerns about China's economic growth weighed on investor sentiment. Healthcare stocks slumped another 4% as a sell-off in biotech stocks continued.

Meanwhile, the S&P 500 slipped below the psychological barrier of 1,900 for the first time since Aug. 26. The S&P 500 dipped nearly 50 points, or 2.6%, while the Nasdaq Composite fell 142 points, or 3% after a massive sell-off in healthcare and biotech stocks. Go here for our top story today on what the S&P 500's move below 1,900 means for markets going forward...

Putin vs. Obama - Calling Each Other Out in the UN Meeting Today

The 70th annual session of the United Nations General Assembly kicked off today in New York City. The gathering pitted Putin vs. Obama in their first face-to-face meeting in nearly a year.

Over the last 12 months, the decimation of the ruble, record-low oil prices, and Western sanctions have crippled Russian wealth.

But despite President Obama's stated "desire not to return to the Cold War," the two leaders made clear today that's exactly where this relationship - and the Russian economy - is headed...