Adam Shell USA TODAY Published 12:28 PM EST Dec 30, 2018 Investors whose nerves have been tested by a down year for stocks will have one more full day of trading on New Year's Eve Monday before closing the books on 2018. The good news? Traders and 401(k) investors will get a day off on Tuesday, Jan. 1, as the New York Stock Exchange and Nasdaq will both be closed for New Year's Day. Bond investors, however, should know that the Securities Industry and Financial Markets Association, or SIFMA, recommends an early 2 p.m. close for fixed-income markets on New Year's Eve. Full trading of stocks and bonds will resume in 2019 on Wednesday, Jan. 2, giving investors a first look at how markets – which were wildly volatile in 2018 – will fare in the new year. Heading into the final full day of trading on New Year's Eve, the Dow Jones Industrial Average is down 6.7 percent in 2018, on track for its worst annual performance since … [Read more...] about Is the stock market open New Year’s Eve? Yes, for full day of trading.
0 View Gallery View Comments HONG KONG (AP) — Shares were mostly higher in Asia on Monday as investors digested the latest developments regarding North Korea and Italian politics. Crude oil extended losses as traders braced for output increases. KEEPING SCORE: Japan's benchmark Nikkei 225 index edged 0.1 percent higher to 22,469.40 and South Korea's Kospi rose 0.7 percent to 2,478.17. Hong Kong's Hang Seng rose 0.6 percent to 30,779.76 while the Shanghai Composite in mainland China was flat at 3,141.09. Australia's S&P/ASX 200 fell 0.5 percent to 6,002.20. Taiwan's benchmark rose and Southeast Asian shares were mixed. NORTH KOREA: President Donald Trump's latest reversal on a summit with North Korean leader Kim Jong Un and South Korean President Moon Jae-in's impromptu meeting with Kim on Saturday eased fears over the Korean Peninsula's nuclear crisis. Trump tweeted that a U.S. team is in North Korea to make arrangements for the planned June 12 summit in … [Read more...] about Asian shares advance as markets mull North Korea, Italy, oil
Stock market futures today rallied, with Dow Jones futures, S&P 500 futures and Nasdaq futures above fair value. U.S. stock markets are closed Monday for the Memorial Day holiday, but investors should pay attention to Walt Disney (DIS), Salesforce.com (CRM) and Momo (MOMO). X Stock Market Futures Dow Jones futures rose 0.4% vs. fair value. S&P 500 futures climbed 0.3%. Nasdaq 100 futures were up 0.4%. Walt Disney Walt Disney's "Solo," a standalone Star Wars origin story for Han Solo, is having a disappointing box office debut. Solo is on track for $83.3 million over Friday-Sunday, with some question as to whether it will hit $100 million in domestic box office including Memorial Day showings. Dow Jones component Disney had expected $130 million to $150 million over four days. IBD Newsletters Get exclusive IBD analysis and action news daily. SIGN UP NOW! IBD Newsletters Get exclusive IBD analysis and action news daily. Tech Report Market Prep Please enter … [Read more...] about Stock Market Futures Rally; Walt Disney, Salesforce.com, Momo Are In Focus
Visit The Boston Globe Share on Twitter Share on Facebook Comment on this Scroll to top of page By Janine Wolf and Sarah Ponczek Bloomberg May 25, 2018 US stocks bounced between gains and losses as plummeting oil prices rocked energy shares and investors weighed what President Trump called North Korea’s ‘‘warm and productive’’ response to his decision to cancel a summit with the nation’s leader Kim Jong-Un. The S&P 500 index and Dow Jones industrial average fell on lighter than normal volume heading into the holiday weekend, but the Nasdaq benchmarks rose on strength in semiconductor stocks. The S&P 500 Energy index plunged more than 2.5 percent as oil posted its biggest decline in roughly a year after a Saudi minister said that petroleum supply would likely rise in the second half. ‘‘The market itself really isn’t doing a whole lot, but crude oil sure is,’’ said Joe … [Read more...] about Markets wrap: Stocks mixed as crude plunges the most in a year
By Jon Sindreu Jon Sindreu The Wall Street Journal BiographyJon Sindreu @jonsindreu [email protected] Updated May 25, 2018 5:33 a.m. ET 0 COMMENTS Italian government bonds continue to sell off Treasury yields edge down further below the 3% mark Oil prices down Stocks recovered Friday after North Korea’s measured response to the U.S. cancellation of a landmark summit. But political risk was worrying investors elsewhere, with yields on the 10-year Italian government-bond rising to their highest level since 2014, with the spread versus German debt going above 2 percentage points for the first time since June 2017—a reflection of worries about the new Italian antiestablishment government. “We are avoiding Italian risk because there’s a contagion fee there,” said Angus Sippe, a fund manager at Schroders, an asset manager with about $600 billion under management. “In the [eurozone] periphery, you clearly see political risk.” The … [Read more...] about Markets Soothed by North Korean Response to Canceled Summit