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.
By Alex Veiga Published 3:01 pm, Monday, March 26, 2018 Photo: Drew Angerer, Getty Images Image 1of/1 CaptionClose Image 1 of 1 NEW YORK, NY - MARCH 26: Traders and financial professionals work ahead of the closing bell on the floor of the New York Stock Exchange (NYSE), March 26, 2018 in New York City. Following reports that the U.S. and China are holding talks to ease trade tensions, the Dow Jones Industrial average closed at over 666 points higher on Monday afternoon. (Photo by Drew Angerer/Getty Images) less NEW YORK, NY - MARCH 26: Traders and financial professionals work ahead of the closing bell on the floor of the New York Stock Exchange (NYSE), March 26, 2018 in New York City. Following reports that the U.S. ... more Photo: Drew Angerer, Getty Images US stocks rally; Dow surges 669, clawing back lost ground 1 / 1 … [Read more...] about US stocks rally; Dow surges 669, clawing back lost ground
News that the U.S. and China are open to negotiating to avert a trade war put investors in a buying mood today, giving the market its best day in more than two years and erasing about half of its huge losses last week. Technology companies accounted for much of the broad rally, which powered the Dow Jones industrial average to a gain of nearly 670 points. Microsoft was the biggest gainer in the 30-company Dow and the Standard & Poor’s 500 index, climbing nearly 8 percent. Banks also notched solid gains, benefiting from a pickup in bond yields. Retailers, consumer goods companies and health care stocks were among the big gainers. The market rebound followed the worst week for U.S. stocks in two years as investors traded last week’s jitters for a more optimistic outlook on trade, and an opportunity to buy. “Certainly nothing’s settled,” said Rob Haworth, senior investment strategist at U.S. Bank Wealth Management. “Investors are still viewing this … [Read more...] about Dow up 670 points in best day for stock market in 2 years
Share This Story! Let friends in your social network know what you are reading about Facebook Email Twitter Google+ LinkedIn Pinterest Dow rebounds by 669 points, its best day since 2008, as trade war fears ease in stock market Signs of negotiations between China and U.S. calm worries over major tariff fight. Sent! A link has been sent to your friend's email address. Posted! A link has been posted to your Facebook feed. 10 Join the Conversation To find out more about Facebook commenting please read the Conversation Guidelines and FAQs Adam Shell, USA TODAY Published 10:25 a.m. ET March 26, 2018 | Updated 4:46 p.m. ET March 26, 2018 CLOSE So what’s a bull market anyway? It’s when the stock market rises 20 percent from a prior low. Despite some recent scares in the market, Wall Street will celebrate the bull market’s ninth birthday Friday. Josmar Taveras CONNECT TWEET LINKEDIN 10 COMMENT EMAIL … [Read more...] about Dow rebounds by 669 points, its best day since 2008, as trade war fears ease in stock market
NEW YORK — The latest on developments in financial markets (all times local): 4 p.m. The Dow Jones industrial average surged nearly 670 points, erasing nearly half the ground it lost last week and marking the biggest gain since August 2015. The broad gains Monday were led by technology stocks and banks, which took some of the biggest losses last week as trade tensions flared between the U.S. and China. Investors were encouraged by signs Washington and Beijing are open to negotiating on trade. Microsoft jumped 7.6 percent and Bank of America climbed 4.4 percent. The Dow rose 669 points, or 2.8 percent, to 24,202. The S&P 500 climbed 70 points, or 2.7 percent, to 2,658. The Nasdaq climbed 227 points, or 3.3 percent, to 7,220. Bond prices fell. The yield on the 10-year Treasury note rose to 2.84 percent. ___ 3:20 p.m. Stocks are surging as the market recovers more of its huge losses from a week earlier. Technology stocks and banks, which took some of the worst losses last week, … [Read more...] about Markets Right Now: Dow surges 669, clawing back lost ground