Adam Shell USA TODAY Published 5:34 PM EDT Oct 29, 2018 Wall Street took investors on a wild ride Monday, with the Dow swinging more than 900 points before closing down for the day. The Standard & Poor's 500 also shifted violently but avoided ending in official "correction" territory. The latest sell-off was prompted by renewed tariff worries. The Dow Jones industrial average rose more than 350 points in morning trading before going into a free-fall that dragged it down 566 points from Friday's close. When trading ended, the blue-chip average was down 245 points, or 1 percent, at 24,443. The broad S&P 500, which was up as much as 2 percent and fell nearly 4 percent from its high point for the day, closed down 0.7 percent at 2641.25 – or 9.9 percent off its Sept. 20 high. That left the index just shy of the 10 percent drop needed for a correction. Stocks, which have been under pressure for weeks since the S&P 500 hit … [Read more...] about How did stock market do today? Wild day but S&P 500 avoids correction.
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Yuri Kageyama, Ap Business Writer Updated 7:14 pm PDT, Tuesday, August 21, 2018 Photo: Mark Lennihan, AP Image 1of/1 CaptionClose Image 1 of 1 FILE - In this Oct. 8, 2014, file photo, American flags fly in front of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Tuesday, Aug. 21, 2018. FILE - In this Oct. 8, 2014, file photo, American flags fly in front of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Tuesday, Aug. 21, 2018. Photo: Mark Lennihan, AP Asian shares mixed after S&P 500 touches all-time high 1 / 1 Back to Gallery TOKYO (AP) — Asian shares were mixed Wednesday, as some markets were cheered by bullish sentiments on Wall Street despite concerns about an ongoing trade dispute with China. KEEPING SCORE: Japan's benchmark Nikkei 225 … [Read more...] about Asian shares mixed after S&P 500 touches all-time high
FleetCor Technologies (FLT) is the IBD Stock of the Day and becomes the newest member of the S&P 500 on Wednesday, when it replaces Time Warner on the major index. X FleetCor shares jumped 6.1% to 219.65 intraday in the stock market today, hitting a record high in heavy volume. That cleared a 213.84 entry point from a flat base that started in January. FleetCor stock is now trading in buy range. Looking at a weekly chart, FleetCor's relative strength line is hitting new highs not seen since October 2016. The RS line tracks a stock's performance vs. the S&P 500. FleetCor stock's 50-day moving average has been trading well above its longer term 200-day, a bullish sign, since October of last year. IBD Newsletters Get exclusive IBD analysis and action news daily. SIGN UP NOW! IBD Newsletters Get exclusive IBD analysis and action news daily. Market Prep Tech Report Please enter a valid email address Please select a newsletter GO Get these … [Read more...] about IBD Stock Of The Day: New S&P 500 Member FleetCor Blasts Into Buy Range
Visit The Boston Globe Share on Twitter Share on Facebook Comment on this Scroll to top of page Associated Press June 07, 2018 Stocks closed mixed Thursday as technology companies took their worst loss in six weeks, but energy companies rose with oil prices. A four-day winning streak for the S&P 500 index ended.Energy companies rallied as the price of US crude oil rose almost 2 percent. Smaller companies fell. Like technology companies, they’ve done far better than the rest of the market in the past few weeks. Some stocks that have struggled lately, including utilities, finished with gains.Household goods makers also broke from their recent losses to finish higher. J.M. Smucker dropped after issuing a weak quarterly report and a disappointing forecast for the year. Advertisement Bond prices climbed and yields dipped. Get Talking Points in your inbox: An afternoon recap of the day’s most important business news, delivered weekdays. … [Read more...] about S&P 500’s four-day winning streak ends
Adam Shell USA TODAY Published 5:09 p.m. UTC Jun 5, 2018 Social media platform Twitter will be added to the S&P 500 stock index before the start of trading Thursday, a move that will expand the number of individual investors who own the stock through index funds that track the large-company stock gauge. Twitter, whose shares are still trading more than 15% below where they were at the close of its first day of trading back on Nov. 7, 2013, will replace agriculture and chemicals maker Monsanto, which has been acquired by German giant Bayer, a deal that is expected to close soon. The announcement came from S&P Dow Jones Indexes after the close of trading last night. The tech company's visibility has skyrocketed since President Trump entered the White House. He has used the digital communications platform to tweet messages on topics from trade and the economy, to the NFL's kneeling controversy during the national anthem without … [Read more...] about Twitter to be added to S&P 500 index, shares jump on news