|Day's Range||25,501.45 - 25,877.01|
|52 Week Range||21,712.53 - 26,951.81|
U.S. stock futures pointed to further selling in risk assets as investors continued to digest global growth concerns and the results of Special Counsel Robert Mueller’s long-anticipated report that found no proof of coordination between the Trump campaign and Russia during the 2016 elections.
Philadelphia Fed President Patrick Harker still sees one rate hike in 2019 "at most," despite seeing potential risks tilted "very slightly to the downside."
Stock futures were flat to lower Monday morning. The Apple streaming service event is Monday. Don't expect the Boeing 737 Max to fly soon.
The biggest news of the morning—the Mueller report and continued Brexit chaos—appears to be the least concerning to the market.
A yield-scarce investing backdrop could prompt investors to look into more risky sectors of international bond markets.
US stocks steady as stronger-than-expected reading of German business sentiment takes sting from yield curve inversion following heavy selling overnight in Asia. U.S. Treasury curve slopes positive between 3-month bills and 10-year notes, after tipping into inversion for the first time since 2007 last week, as Chicago Fed President Evans plays down the chances of near-term recession. US equity sentiment gets a modest boost from Muller report conclusions, which suggest there was no Russian collusion with the Trump campaign during the 2016 election, even as many questions regarding the probe remain unanswered..
Former U.S. Federal Reserve Chair Janet Yellen said Monday that the U.S. Treasury yield curve[s:TMUBMUSD10Y], which inverted on Friday for the first time since 2007, may signal the need to cut interest rates at some point, but it does not signal a recession. Yellen, who led the Fed between 2014 and 2018, was speaking at the Credit Suisse Asian Investment conference in Hong Kong. The curve, which reflects yields, and by default, borrowing rates, from shortest to longest maturity tends to slope upward in a growing economy, with longer-dated maturities paying out more than their short-dated counterparts; it has a debatable role historically in signalling recessions. The slope for global bonds had regained its upward trajectory, slightly, in European trading on Monday after stronger-than-expected German data. The Chicago Fed's Charles Evans, a voting member of the Fed's policy-setting Federal Open Market Committee this year, told the same Hong Kong conference that it was understandable for markets to be nervous when the yield curve flattens as it has.
U.S. stock futures eased on Monday, indicating investors remain jittery over the global economy and equities may struggle to recover from Friday’s sharp losses.
Global stocks retreat on growth concerns as bond markets continue to suggest near-term recession in the world's biggest economy and manufacturing data hits multi-year lows. U.S. Treasury curve remains inverted between 3-month bills and 10-year notes after tipping for the first time since 2007 last week, although Chicago Fed President Evans plays down the implications for near-term recession. US equity sentiment gets a modest boost from Muller report conclusions, which suggest there was no Russian collusion with the Trump campaign during the 2016 election, even as many questions regarding the probe remain unanswered..
Nike’s caution about the fiscal fourth quarter isn’t shared with analysts, but shares are down in Friday trading.
Brexit, U.S – China trade talks, the Robert Mueller Report and a mass of economic data will provide the markets with plenty to consider in the week ahead.
Nike led the Dow Jones Industrial Average lower as bond investors sent a clear signal they expect the economic expansion to end.
The Dow Jones Industrial Average closed down sharply Friday as weaker-than-expected manufacturing data in the U.S. and Europe renewed fears of slowing global growth. tumbled 6.6% after the sports apparel company posted weaker-than-expected third quarter sales in its key North American market. shares rose 3.2% despite the luxury jewelry retailer missing Wall Street's fourth-quarter sales expectations.
A macro hedge fund says investors should monitor the growing number of yield curve inversions in the U.S. Treasurys market
A closely watched measure of the yield curve inverted Friday, underlining worries about economic growth and rattling the stock market. But investors might be pushing the panic button a bit prematurely.
The yield-curve inversion might not be signaling a recession yet, but there are other reasons to worry, says one strategist.
A key recession indicator has started to flash red for the first time since 2007. But it may not spell trouble for the economy—at least not yet.
Yields on the 10-year Treasuries fell below three-month Treasury yields earlier on Friday, inverting the so-called yield curve. That’s a sign that a recession could be looming.
In a letter to House and Senate committee chairmen, Attorney General William Barr said he may be able to tell them this weekend Special Counsel Robert Mueller's "principal conclusions." Mueller delivered his report to Barr Friday. He has been investigating whether Donald Trump's presidential campaign aided Russia in interfering with the 2016 election. Trump has denied the allegation.
Special Counsel Robert Mueller has delivered his report to Attorney General William Barr, multiple media outlets said Friday. Mueller has investigated whether the Trump campaign aided Russian efforts to interfere in the 2016 presidential election. President Donald Trump has repeatedly denied that allegation.
It's time for Retirement Ready, brought you by Fidelity Investments.?We know how important it is to start saving as early as possible for?retirement, but what are some ways to get the biggest bang for your buck? Joining us to discuss is Principal of Presley Wealth Management, Christy?Smith.