Share This Article

Facebook LinkedIn
Twitter Reddit
Print Email
Pinterest Gmail
Yahoo
Money Morning
×
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • Angel Investing
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
  • Retire
    • Income Investing Guide
    • Retirement Articles
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
Login My Member Benefits Archives Research Your Team About Us FAQ
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • Angel Investing
    ×
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
    ×
  • Retire
    • Income Investing Guide
    • Retirement Articles
    ×
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
    ×
  • Subscribe
Enter stock ticker or keyword
×
5 Ways to Beat the Fed (and Crush Inflation)

Email this Article

Send with mail | ahoo instead.
Required Needs to be a valid email
Required Needs to be a valid email
Dow Jones News Today: Stocks Rise After May Loses Majority in UK Election
https://mney.co/2r9nfOC
Required Please enter the correct value.
Twitter
Stocks: GOOGL, P, PAY, VZ, YHOO

Dow Jones News Today: Stocks Rise After May Loses Majority in UK Election

By Garrett Baldwin, Executive Producer, Money Morning • June 9, 2017

Start the conversation

Comment on This Story Click here to cancel reply.

Or to contact Money Morning Customer Service, click here.

Your email address will not be published. Required fields are marked *

Some HTML is OK

Garrett BaldwinGarrett Baldwin

The Dow Jones news today features stocks rising again after UK's parliamentary election ends Prime Minister Theresa May's majority. Former FBI Director James Comey also testified in front of Congress yesterday over his firing by President Trump.

Here are the numbers from Thursday for the Dow, S&P 500, and Nasdaq:

Index Previous Close Point Change Percentage Change
Dow Jones 21,182.53 +8.84 +0.04%
S&P 500 2,433.79 +0.65 +0.03%
Nasdaq 6,321.76 +24.38 +0.39%

Now here's a closer look at today's most important market events and stocks, plus Friday's economic calendar.

The Five Top Stock Market Stories for Friday

  • Dow Jones futures are up 35 points ahead of trading after a massive political upset Thursday. UK Prime Minister Theresa May's Conservative Party lost its majority in Parliament, which could dramatically impact negotiations surrounding Brexit. May is facing pressure to resign after the elections produced no single party with a majority to lead the Brexit deal. The British pound is down sharply against other currencies this morning.

Must-See: This Great Depression-Era "Secret" Helped Transform Two Teachers into Millionaires. Read more...

  • During his appearance before the U.S. Senate yesterday, former FBI Director James Comey produced no smoking gun about the possibility of collusion between the Russian government and the Trump presidential election team. Markets are showing renewed confidence that the Trump administration can obtain the votes for tax reform, infrastructure spending, or other pro-growth policies later this year.

dow jones news today

  • Crude oil pricesĀ were slightly down in pre-market hours as concerns over a global glut in crude oil continue. This week, the Energy Information Administration (EIA) offered new evidence that U.S. inventory levels are rising at a time that OPEC is trying to cap excessive production. Markets are concerned that rising geopolitical uncertainty in the Middle East could affect OPEC's deal in the future. TheĀ WTI crude oil price todayĀ fell 0.1%. Brent crude fell 0.04%. Keep an eye out for an update on the production rig count later this morning.
  • The world has largely moved on from President Trump's decision last week to exit the United States from the Paris Climate Accord. The United States is only one of three nations to remain out of the deal after Trump cited concerns about the voluntary terms issued by former President Barack Obama. While global leaders argue over the decision, it's time for you to profit.Ā Money MorningĀ Global Energy Strategist Dr. Kent Moors offers his favorite two stocks to profit off the Paris Accord.Ā Read them here.
Video

What We Can Expect from North Korea

  • Finally, it seems like it was just yesterday that we were raising concerns about North Korea and its nuclear arsenal. However, markets have largely dismissed worries about the Hermit Kingdom and its threat to the global order. This is a mistake. This week, the nation launched SCUD missiles, adding an ominous new threat to the ongoing chaos surrounding the peninsula: unanticipated weapons advancements from Pyongyang. Here's what you need to knowĀ and how to profit from this story...

Four Stocks to Watch Today: PAY, VZ, SFTBF, P

  • In earnings news, shares of Verifone Systems Inc. (NYSE: PAY) were flat after the company topped Wall Street profit and revenue expectations. The payment-processing giant reported earnings per share (EPS) of $0.30 on top of $473.9 million in revenue. Consensus expectations called for EPS of $0.29 on $471.9 million in revenue.
  • Verizon Communications Inc. (NYSE:Ā VZ) will lay off roughly 2,000 employees as they prepare to purchase the core businesses of Yahoo! Inc. (Nasdaq: YHOO). Verizon is also generating headlines on news that it will be launching its own online streaming service.
  • Shares of SoftBank Group Corp. (OTCMKTS: SFTBF) were on the rise after the company announced plans to purchase robotics giant Boston Dynamics from Alphabet Inc. (Nasdaq: GOOGL). Details of the deal have not been disclosed, but SoftBank said that it is pressing into "paradigm-shifting technologies and its vision of catalyzing the next wave of smart robotics."
  • Taylor Swift announced that her entire music catalog will return to all streaming platforms, including Spotify, Pandora Media Inc.Ā (NYSE: P), and Apple Inc. (Nasdaq: AAPL). Her five albums will return after a three-year hiatus from all platforms except Apple's. Swift has been a major critic of the way that companies pay royalties to musicians and songwriters.
  • Look for additional earnings reports from Ferrellgas Partners LP (NYSE: FGP)

Friday's U.S. Economic Calendar (all times EDT)

  • Wholesale Trade at 10 a.m.
  • Baker Hughes Rig Count at 1 p.m.

Up Next: The Best Stocks to Buy (and When to Sell) for Mega-Profits in 2017

Follow Money Morning on Facebook, Twitter,Ā and LinkedIn.

Join the conversation. Click here to jump to comments…

Garrett BaldwinGarrett Baldwin

About the Author

Browse Garrett's articles | View Garrett's research services

Garrett Baldwin is a globally recognized research economist, financial writer, consultant, and political risk analyst with decades of trading experience and degrees in economics, cybersecurity, and business from Johns Hopkins, Purdue, Indiana University, and Northwestern.

… Read full bio

Login
guest
guest
0 Comments
Inline Feedbacks
View all comments
LIVE
Visit Money Morning Live


Latest News

January 19, 2023 • By Money Morning Stock Research Team

These Stocks Could Go To $0

January 9, 2023 • By Money Morning Stock Research Team

The Government Is Pouring $391 Billion Into These Stocks - Buy Now

December 27, 2022 • By Money Morning Staff Reports

6 IPOs in 2023 You Can’t Afford to Miss
Trending Stories
ABOUT MONEY MORNING

Money Morning gives you access to a team of market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.

QUICK LINKS
About Us COVID-19 Announcements How Money Morning Works FAQs Contact Us Search Article Archive Forgot Username/Password Archives Profit Academy Research Your Team Videos Text Messaging Terms of Use
FREE NEWSLETTERS
Total Wealth Research Power Profit Trades Profit Takeover This Is VWAP Penny Hawk Trading Today Midday Momentum Pump Up the Close
PREMIUM SERVICES
Money Map Press Home Money Map Report Fast Fortune Club Weekly Cash Clock Night Trader Microcurrency Trader Hyperdrive Portfolio Rocket Wealth Initiative Extreme Profit Hunters Profit Revolution Warlock's World Penny Nation Quantum Data Profits Live Trading Alliance Trade The Close Inside Money Trader Expiration Trader Vega Burst Trader Flashpoint Trader Darknet Hyper Momentum Trader

Ā© 2023 Money Morning All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning.

Address: 1125 N Charles St. | Baltimore, MD, 21201 | USA | Phone: 888.384.8339 | Disclaimer | Sitemap | Privacy Policy | Whitelist Us | Do Not Sell My Info

wpDiscuz