By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
Good morning! U.S. stock futures for Thursday, April 30, forecasted a 25-point decline from Wednesday's close. The markets are reacting to shifts in the U.S. dollar and to the Federal Reserve's statements that it will raise interest rates on a meeting-by-meeting basis.
Here are your pre-market movers, top market news, and the biggest stocks to watch today...
By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
The DJIA Index fell 42 points today, while the biotech sector dragged down the Nasdaq. The Nasdaq Biotech Index cratered 4.1% in the sector's largest daily decline in nearly a month.
On Tuesday, U.S. investors will be back on "Fed Watch," as the Fed Open Market Committee kicks off a two-day meeting to discuss monetary policy.
Here are more top stories from today, plus stocks to watch...
By Dr. Kent Moors, Global Energy Strategist, Oil & Energy Investor • @KentMoors_OEI - • Print | Email
When oil prices decline, there's always an inevitable uptick in demand. The reason for this is simple: Markets tend to use more of a cheaper product. After all, when prices at the gas pump are low, a family trip across the country is much easier to plan.
This increase in oil demand has historically caused other forms of energy to stagnate.
But that just isn’t the case with the alternative energy market this time...
By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
U.S. stock futures for Monday, April 27, forecasted a 52-point gain from Friday's close as tech giant Apple Inc. (Nasdaq: AAPL) prepares to report quarterly earnings.
On Friday, the Nasdaq Composite Index struck another closing high, fueled by strong earnings reports from Google Inc. (Nasdaq: GOOG, GOOGL), Amazon.com Inc. (Nasdaq: AMZN) and Microsoft Corp. (Nasdaq: MSFT).
Here's the rest of today's stock market news that investors need to know...
By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
The Nasdaq Composite struck another closing high Friday, fueled by strong earnings reports from Google (Nasdaq: GOOG), Amazon.com (Nasdaq: AMZN) and Microsoft (Nasdaq: MSFT). The S&P 500 also hit a new record close today.
The DJIA only saw modest gains today. Blue chips were unable to offset the losses of oil giants Chevron (NYSE: CVX) and Exxon Mobil (NYSE: XOM) and financial stocks.
Here are the day's top stories, plus top stocks to watch...
By Michael A. Robinson, Defense + Tech Specialist, Money Morning • @Robinson_STI - • Print | Email
We love our Apple Inc. (Nasdaq: AAPL) products – the Apple Watch, the iPad, the MacBook, the iPhone. In fact, we say this company no longer sells products; it sells an entire ecosystem.
It sells itself.
Which is why we made the following prediction about its future share price...
By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
In stock market news today, April 24, 2015, U.S. stock futures forecasted a 12-point gain from Thursday's close.
The Nasdaq Composite Index struck a new high Thursday, beating the previous record set more than 15 years ago during the dot-com bubble. The S&P 500 hit a new intraday high but failed to beat its previous record close. The Dow Jones Industrial Average gained 20 points yesterday.
By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
Nasdaq hits new record close: The Nasdaq Composite Index struck an all-time closing high Thursday, beating the previous record set more than 15 years ago during the dot-com bubble.
The S&P 500 hit a new intraday high but failed to beat its previous record close. The DJIA Index gained 20 points today.
Here's a look at the day's top stories, plus top stocks to watch...
By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
In stock market news today, April 23, 2015, U.S. stock futures forecasted a 21-point decline from Wednesday's close.
The DJIA slid 60 points as corporate earnings continue to show the effects of a strong U.S. dollar. The dollar has surged more than 9% year to date and punished companies with a broad international focus and reliance on overseas sales. The Nasdaq moved 19 points higher on news of a proposed biotech merger.
Here's what's in focus today as earnings reports continue to roll in...
By Garrett Baldwin, Executive Producer, Money Morning - • Print | Email
The DJIA Index gained 88 points today after investors weighed earnings reports from a number of prominent companies.
Currency swings are heightening pressures on many multinational companies. But strong housing numbers and a change in China's financial policy that will allow U.S. credit card processors to operate in the massive market gave the markets a boost today.
Here are the day's top stories, including key stocks to watch...
