Thursday 29 November 2018

Jay Powell spoke. Investors were overjoyed. But did they hear him right?

Federal Reserve chief Jerome Powell is a lightning rod for criticism on Wall Street and in the White House. But he was treated as a hero by investors on Wednesday.
CNN Business: Markets Now
 
News: What you need to know about the markets
 
 
Jay Powell spoke. Investors were overjoyed. But did they hear him right?
Federal Reserve chief Jerome Powell is a lightning rod for criticism on Wall Street and in the White House. But he was treated as a hero by investors on Wednesday. Read more »
 
Starbucks is doing better than ever after Howard Schultz
This year has been filled with transition and turmoil at Starbucks. But don't tell that to Wall Street. Read more »
 
Trump touts new US BMW factory. But that's not happening
BMW is considering building a second plant in the United States. President Donald Trump is heralding that as proof his trade policies are creating American manufacturing jobs, but BMW says its plans date back years and remain uncertain. Read more »
 
Here's one market Amazon can't easily crack: Car parts
Amazon is gunning to sell more car parts. But it will run up against fierce resistance from a small army of firmly established companies already doing just that. Read more »
 
Oil falls below $50 a barrel then rebounds
US crude oil fell below $50 a barrel Thursday for the first time in more than a year. Read more »
 
Chobani unveils its next big thing: Yogurt for kids
Chobani is betting its future on selling yogurt to children, a whole new customer segment that the company hadn't paid much attention to. Read more »
 
 
 
 
Dow Nasdaq S&P
-27.59   -18.51   -5.99
25,338.84   7,273.08   2,737.80
-0.11%   -0.25%   -0.22%
YTD +2.51%   YTD +5.36%   YTD +2.40%
 
Biggest Winners
Dollar Tree Inc +6.13%
 
Nielsen Holdings PLC +4.02%
 
Concho Resources Inc +3.06%
 
Activision Blizzard Inc +3.02%
Biggest Losers
Quest Diagnostics Inc -9.27%
 
Western Digital Corp -5.46%
 
Twitter Inc -4.37%
 
Wynn Resorts Ltd -4.15%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $51.37 -0.08 / -0.16%
Gold $1,223.60 -0.50 / -0.04%
10-yr 3.04% -0.01
Euro $1.14 +0.00 / +0.23%
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