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
×
Join 100,000+ Like-Minded Investors Today
Twitter
Tags: Dow Jones
Stocks: BA, BWLD, CMG, PG, TWTR

Dow Jones News Today: Stocks Rise Ahead of President Trump's Tax Reform Announcement

By Garrett Baldwin, Executive Producer, Money Morning • April 26, 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Your email address will not be published.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

The Dow Jones news today features stocks pushing higher as investors continue to celebrate a string of positive earnings reports.

Let's look at the numbers from Tuesday for the Dow, S&P 500, and Nasdaq

  • Dow Jones: 20,996.12; +232.23;Ā +1.12%
  • S&P 500: 2,388.61; +14.46; +0.61%
  • Nasdaq: 6,025.49; +41.67;Ā +0.70%

Today's market highlights:

Video

Why GE Is This Year's Most Underrated Stock

    Sign up for SMS so you never miss special events, exclusive offers, and weekly bonus trades.
  • Social media giant Twitter Inc. (NYSE: TWTR), Proctor & Gamble (NYSE: PG), and Boeing Co. (NYSE: BA) all report earnings before the bell.
  • On Tuesday, the Dow rallied more than 200 points thanks to increased optimism over President Trump's economic policies. The Nasdaq pushed past the 6,000 level for the first time in index history as technology stocks continue to rise.
  • President Donald Trump promised to deliver an important announcement on corporate tax reform later today.
  • A busy day of earnings reports will keep investors focused on corporate performance and less interested in a potential government shutdown later this week.
  • Oil prices are sliding ahead of a key inventory report from the U.S. Energy Information Administration.

Must See: This small $6 U.S. defense firm with a new top-secret technology could help the Pentagon stop a Chinese sneak attack dead in its tracks. Read more...

Here's a look at today's most important market events and stocks, plus a look at Wednesday's economic calendar.

What's Ahead for the Dow Jones Industrial Average Today

dow jones news today

  • The Dow Jones futures are up 14 points in pre-market hours as investors prepare for a busy day of earnings reports and a statement from President Donald Trump on potential tax reform.
  • The Trump administration is widely believed to be working on a plan to cut the U.S. corporate rate from 35% to 15%. In addition, Trump wants to expand the number of deductions Americans can take on their annual income taxes.
  • Crude oil prices are sliding in early hours as traders prepare for the weekly crude inventory report from the Energy Information Administration. Crude prices reversed a six-day losing streak Tuesday, but the momentum hasn't held. Brent crude prices have now fallen more than 5% since December as investors appear greatly concerned about OPEC's willingness to extend a deal to cap excessive production.
  • TheĀ WTI crude oil price todayĀ fell 0.93%, while Brent crude dipped 0.96%.
  • Gold prices have slid in recent sessions as investors flee safe-haven investments and pour back into the stock market. Still, gold prices have climbed 10% in 2017 and continue to present investors with fabulous ways to make money. Today we're highlighting theĀ best gold company to invest inĀ right now.Ā Given that Money Morning Resource Specialist Peter Krauth forecasts that gold prices will hit $1,400 by the end of the year, this stock could offer massive returns if you play it the right way. Here's how.
  • But the big story today is the possibility of another government shutdown. If Congress doesn't pass a spending bill by midnight on Friday (April 28), then Uncle Sam will run out of money and shut down. The prospect of a government shutdown has many ordinary Americans asking a very important question. Will a government shutdown affect Social Security? Money Morning breaks down the ramifications of a government shutdown on your Social Security and who may not be able to get their money should the unthinkable happen again this week. Check out our analysis, right here.

Stocks to Watch Today, April 26, 2017

  • In earnings news, shares of Chipotle Mexican Grill Inc. (NYSE: CMG) rallied nearly 3% in pre-market hours after the casual dining giant announced stronger than expected quarterly results. CMG stock pushed higher after the company reported earnings per share (EPS) of $1.60 on top of $1.069 billion in revenue. Wall Street had anticipated EPS of $1.28 on top of $1.052 billion. But it wasn't all positive news for the firm, which has been attempting to recover from a damaging series of food poisoning events. The company announced yesterday it may have exposed customers to a data security threat.
  • Investors are keeping an eye on earnings results from Twitter Inc. (NYSE: TWTR). The social media giant is expected to report a small but positive EPS figure of $0.02 on top of $512.11 million in revenue.
  • Buffalo Wild Wings (Nasdaq: BWLD) is a company to watch on Wednesday as it prepares to report first-quarter earnings after the bell. Investors may be less interested in the expected EPS of $1.69 than the company's efforts to address a report it's under pressure from an activist investor. Marcato Capital Management has accused the restaurant chain of misrepresenting its share performance in proxy filings with the SEC. A shakeup of company management could be coming in June when shareholders will vote on its leadership moving forward.
  • Look for additional earnings reports from F5 Networks Inc.Ā (Nasdaq: FFIV), PayPal Inc. (Nasdaq: PYPL), Las Vegas Sands Corp.Ā (NYSE: LVS), Amgen Inc. (Nasdaq: AMGN), Pepsico Inc. (NYSE: PEP), and Seagate Technology Plc.Ā (NYSE: STX).

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

  • MBA Mortgage Applications at 7 a.m.
  • EIA Petroleum Status Report at 10:30 a.m.
  • Two-Year FRN Note Auction at 11:30 a.m.
  • Five-Year Note Auction 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 and Twitter.

Join the conversation. Click here to jump to comments…

Login
guest
guest
0 Comments
Inline Feedbacks
View all comments


Latest News

June 6, 2023 • By Chris Johnson

The broad market just made a shift to the upside

June 6, 2023 • By Nick Black

SEC vs. Coinbase and Binance: What You Need to Know

June 6, 2023 • By Garrett Baldwin

Here's What Turned a Routine OPEC Meeting into a Quick Win
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 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 Quantum Data Profits Live Trading Alliance Trade The Close Inside Money Trader Expiration Trader Flashpoint Trader Darknet Hyper Momentum Trader Alpha Accelerators Weekly Profit Cycles Brutus Alerts Resource Traders Alliance

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 or Share My Personal Information

wpDiscuz