Thursday 20 June 2019

Stocks rally as potential Fed rate cut outweighs geopolitical concerns

Dow futures are pointing at a higher open on Thursday as the stock market is basking in the afterglow of a Federal Reserve meeting at which the central bank forecast two potential interest rate cuts for this year.
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Stocks rally as potential Fed rate cut outweighs geopolitical concerns
Dow futures are pointing at a higher open on Thursday as the stock market is basking in the afterglow of a Federal Reserve meeting at which the central bank forecast two potential interest rate cuts for this year. Read more »
 
Apple, Microsoft and other tech companies ask to be excluded from the China tariffs
Technology companies have been feeling the sting of the escalating trade war between the United States and China. Now, they're trying to avoid a proposed new round of tariffs that takes aim at many American tech products. Read more »
 
The smart money is hedging against the United States
Wall Street is giddy about the possibility that the Federal Reserve could lower interest rates as soon as July. The S&P 500 traded at an all-time trading high Thursday. But some experts think it's time investors look outside the United States. Read more »
 
CNN Business exclusive: Bank of America CEO warns about excessive corporate debt
US households have cleaned up their balance sheets from the Great Recession. Corporate America, on the other hand, is saddled with too much debt, Bank of America CEO Brian Moynihan told CNN Business. Read more »
 
Ford says the 2020 Mustang Shelby GT500 is its most powerful car ever
Ford had promised the Mustang Shelby GT500 would be its most powerful factory-built car ever. Now we know how powerful. Read more »
 
Oil prices spike after Iran shoots down American drone
Oil prices spiked as tensions between the United States and Iran escalated. Read more »
 
 
 
 
Dow Nasdaq S&P
+249.17   +64.02   +27.72
26,753.17   8,051.34   2,954.18
+0.94%   +0.80%   +0.95%
YTD +14.69%   YTD +21.34%   YTD +17.84%
 
Biggest Winners
Oracle Corp +8.18%
 
Noble Energy Inc +6.15%
 
HollyFrontier Corp +5.36%
 
Halliburton Co +4.91%
Biggest Losers
Carnival Corp -7.65%
 
Alaska Air Group Inc -3.40%
 
American Airlines Group Inc -3.19%
 
Royal Caribbean Cruises Ltd -3.19%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $57.18 +0.11 / +0.19%
Gold $1,391.70 -5.20 / -0.37%
10-yr 2.00% -0.03
Euro $1.13 +0.01 / +0.48%
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