Wednesday, 28 November 2018

Dow surges after Fed hints rate hike pace will slow

Federal Reserve chairman Jerome Powell gave investors reason to cheer on Wednesday when he suggested that the Fed may slow down its interest rate hikes.
CNN Business: Markets Now
 
News: What you need to know about the markets
 
 
Dow surges after Fed hints rate hike pace will slow
Federal Reserve chairman Jerome Powell gave investors reason to cheer on Wednesday when he suggested that the Fed may slow down its interest rate hikes. Read more »
 
Oil and tech's crash have wrecked hedge funds
It's not just average investors getting hurt by the market mayhem. Hedge funds that placed big bets on tech and oil have been rocked as well. Read more »
 
Why Microsoft is a better bet than Apple
Over the last couple days, Microsoft and Apple have been taking turns as the world's most valuable publicly traded company. Read more »
 
Chinese tourists are spending less at Tiffany's
Chinese tourists in the United States slowed their spending at Tiffany during its most recent quarter, a troubling sign for the jeweler. Read more »
 
The cuts at GM are tough. The company's future without them would be even tougher
Mary Barra is on a mission to ensure General Motors doesn't get left behind in the evolving auto industry that it helped pioneer. Read more »
 
The existential threat facing the auto industry
The auto industry is healthy, making billions of dollars in profit around the globe. But it also faces greater risks than it did even a decade ago when sales plunged, forcing bankruptcies and bailouts. Read more »
 
 
 
 
Dow Nasdaq S&P
+617.70   +208.89   +61.61
25,366.43   7,291.59   2,743.78
+2.50%   +2.95%   +2.30%
YTD +2.62%   YTD +5.62%   YTD +2.62%
 
Biggest Winners
Salesforce.com Inc +10.27%
 
Adobe Inc +7.30%
 
Abiomed Inc +6.77%
 
Align Technology Inc +6.74%
Biggest Losers
Tiffany & Co -11.82%
 
J M Smucker Co -7.24%
 
CME Group Inc -3.63%
 
SCANA Corp -3.11%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $50.25 -0.04 / -0.08%
Gold $1,220.80 -2.80 / -0.23%
10-yr 3.04% -0.01
Euro $1.14 +0.01 / +0.62%
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