- S&P Futures2,719.50-0.10%
- Dow Futures24,254.00-0.10%
- Nasdaq Futures7,082.75+0.13%
- Russell 20001,657.73-1.65%
- Crude Oil68.15+0.10%
- Gold1,259.30-0.76%
- Silver16.22-0.66%
- EUR/USD1.17-0.28%
- 10-Yr Bond2.88-0.86%
- Vix17.22+25.05%
- GBP/USD1.32-0.30%
- USD/JPY109.68-0.05%
- BTC-USD6,228.59-0.51%
- FTSE 1007,552.18+0.56%
- Nikkei 22522,363.99+0.12%
- Yahoo Finance•20 hours ago
Why Trump's trade war hasn't tanked the market or the economy yet
Business sentiment has been shaken by U.S. President Donald Trump’s escalating trade war with China, the European Union and other countries, financial analysts say. Unlike in February when Trump first began saber rattling about trade tariffs and markets swooned, investors so far in June have continued to favor U.S. assets. Traders poured $3.4 billion in net funds into U.S. equities last week, according to analysis from Jefferies and Co., marking the seventh straight week of inflows.
- Associated Press•1 hour ago
Report: GE to spin off health care business amid shake-up
The Wall Street Journal is reporting that General Electric plans to spin off its health care business and sell its stake in Baker Hughes, a company that provides services to the oil industry. GE would sell 20 percent of the health care unit and distribute the rest to its shareholders over the next 12 to 18 months, the paper said. It would take two to three years to sell its two-thirds stake in Baker Hughes, valued at around $23 billion.
Business Insider•2 days agoHousing affordability in America is its worst in nearly a decade, and there's one clear culprit
Housing affordability hit its worst level in nearly a decade during the first quarter, according to Attom Data Solutions. Attom measures affordability by comparing average wages to median home prices to determine the share of income people need to spend on housing. Prospective buyers needed to shell out more because mortgage rates rose.
- Morningstar•yesterday
Do You Have Enough to Retire?
Social media went bonkers a few weeks ago in response to a Marketwatch article that discussed savings benchmarks for people in their 30s. You'll also be certain about any nonportfolio financial resources you'll be bringing into retirement--whether you'll have any income from a pension, for example, or how much of your cash-flow needs will be provided by Social Security.
- TheStreet.com•15 hours ago
3 Fierce Chinese Tech Stocks to Gamble on Right Now
Don't be scared to trade China. As the trade war volatility escalates between the U.S. and China, Trump has added more fuel to fire with his latest offensive to restrict Chinese investment in U.S. tech companies. Chinese e-commerce powerhouse Alibaba has eclipsed the headlines for all the right reasons.
Business Insider•18 hours agoTop execs in banking, retail, and tech are saying they don't practice work-life balance — because they found something better
JPMorgan Chase CMO Kristin Lemkau told Business Insider that, like Jeff Bezos, she values work-life integration over work-life balance. Other executives in a range of fields have discussed the importance of work-life integration, for themselves and for their employees. In a recent interview with Business Insider CEO Henry Blodget, Kristin Lemkau discussed how she juggles her many work and family responsibilities.
- Bloomberg•16 hours ago
Tesla's Tent Put to the Test as Time Runs Out for Musk
Elon Musk has six days to make good on his pledge that Tesla Inc. will be pumping out 5,000 Model 3 sedans a week by the end of the month. If he succeeds, it may be thanks to the curious structure outside the company’s factory. It’s a tent the size of two football fields that Musk calls “pretty sweet” and that manufacturing experts deride as, basically, nuts.
InvestorPlace•17 hours agoThe Next GE? Avoid These 5 Dicey Dividends
Many investors were kicked in the gut by General Electric (NYSE:GE) last year, no thanks to pundits who ignored numerous red flags and encouraged people to buy GE and its historically generous yield. Anyone keeping tabs on the all-important payout ratios for General Electric’s dividend had to see the writing on the wall. First off, its earnings payout ratio began to skyrocket in the quarters leading up to the cut, including breaking through the all-important 100% mark – in other words, it was paying out more in dividends than it was bringing in profits.
- TheStreet.com•42 minutes ago
How to Play Nvidia and Intel on a Trade War With China
Jensen Huang, the man who could seemingly do no wrong, and Brian Krzanich, the leader who would finally give Intel shareholders something beyond the dividend to cheer about. Intel for reasons other than trade, that I think we can all agree might have left fans of the stock in some state of shock. As for Intel, I sort of got smacked in the teeth.
- CNBC Videos•14 hours ago
How Trump's trade team stopped the market from selling of...
Peter Navarro's comments lift the markets to a less bad loss. Are trade war fears overblown? With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Karen Finerman, Steve Grasso and Guy Adami.
- MarketWatch•4 hours ago
‘Death cross’ forms in gold for first time since 2016, even as stock market slumps
A bearish chart pattern has materialized in gold trading, indicating that the embattled precious metal is likely to extend a recent downtrend that has dragged it to its lowest level in 2018, even as signs of global uncertainty have intensified. The current downdraft has resulted in the 50-day moving average for gold prices, currently at $1,306.26 an ounce, falling below its longer-term 200-day moving average at $1,307.20, according to FactSet data. The so-called golden death cross is the first to form in the commodity since around November of 2016.
- CNBC Videos•15 hours ago
Carnival CEO on plunging stock price and disappointing gu...
Carnival CEO Arnold Donald discusses what's behind Carnival's disappointing 2018 guidance, which caused the stock to drop.
- Zacks•19 hours ago
Merck (MRK) Presents New Data from Januvia Diabetes Studies
Merck & Co., Inc MRK presented new data from two studies, evaluating its type II diabetes drug Januvia (sitagliptin) as a treatment option on type II diabetes patients, who initiate insulin therapy and those with a mild renal impairment. The CompoSIT-I study showed higher reduction of blood glucose level in patients, who initiated insulin dosage while continuing treatment with Januvia compared with those who discontinued Januvia.
- TheStreet.com•2 days ago
Four Cheap 'Dividend Aristocrats' to Buy Now
"Dividend Aristocrats" are S&P 500 stocks that meet certain minimum size and liquidity requirements and have at least 25+years of consecutive dividend increases. Through its flagship Walgreens chain and certain joint ventures, the company has a presence in more than 25 countries and employs over 385,000 people. WBA's 42 years of consecutive dividend increases qualify it as a Dividend Aristocrat, and the company appears positioned to deliver $5.95 of adjusted earnings per share for fiscal 2018.
- CNBC•16 hours ago
Beaten Dow stock Johnson & Johnson is so bad it’s good, technician says
Health-care giant Johnson & Johnson JNJ has struggled to make gains this year, now down nearly 12 percent since January. Shares of Johnson & Johnson are up 43 percent in the past five years, compared with a gain of nearly 61 percent for the broader S&P 500 in the same time period. Despite the two historically trading in tandem, Worth believes the recent divergence could be setting Johnson & Johnson up as a catch-up opportunity.
- InvestorPlace•22 hours ago
5 Chinese Stocks to Consider as China Heads Into a Bear Market
The escalating Chinese trade war has put Chinese stocks in a bear market. This also leaves investors in Chinese stocks in limbo. With the prospects for trade in question, investors are left wondering if and how they can still profit by investing in China.
- TheStreet.com•19 hours ago
6 Chipmakers Poised to Benefit From the Internet of Things' Massive Growth
The number of IoT devices in existence continues to swell, and that's creating plenty of opportunities for chipmakers to profit. predicts there will be 19.8 billion IoT devices in existence in 2023, up from just seven billion in 2017.
Reuters•15 hours agoU.S. Supreme Court backs American Express in merchant fee dispute
The U.S. Supreme Court on Monday sided with American Express Co and against 11 states, ruling that the company's policy of forbidding merchants from encouraging customers to use rival credit cards with lower fees does not violate federal antitrust law. Handing American Express an important legal victory that validated a key component of its business model, the justices upheld a lower court decision that had cleared the company of unlawfully stifling competition through so-called anti-steering provisions in its contracts with merchants. After the ruling, shares of American Express were up 1 percent in late afternoon trading.
- Bloomberg•17 hours ago
Boeing Gets a Jump on Air Show with $14.4 Billion in Jet Deals
Boeing Co. isn’t waiting for next month’s Farnborough International Airshow to unveil blockbuster aircraft deals -- or start booking cash. Bamboo Airways, a Vietnamese startup, signed a commitment for 20 of Boeing’s twin-aisle 787-9 Dreamliners, the companies said in a statement. Earlier in the day, Jet Airways India Ltd. announced it was purchasing 75 of Boeing’s 737 Max single-aisle planes, a transaction valued at $8.8 billion based on list prices.
- Investopedia•20 hours ago
The Top 4 General Electric Shareholders (GE)
General Electric had a market capitalization of $135 billion (as of May 21, 2018), and is one of America’s most familiar brands. The company produces products ranging from toasters and clock radios to the GEnx jet engine for the Boeing 787. It's the first big move from new CEO John Flannery, who took over in September of this year.
- InvestorPlace•17 hours ago
3 Bank Stocks on the Brink
Ever since peaking in January, the Financial Sector SPDR Fund (NYSEARCA:XLF) has been firmly in the bears’ grasp. A thorough survey of the sector revealed three bank stocks on the brink of big-league breakdowns. JPMorgan Chase (NYSE:JPM) leads the group with a deadly looking descending triangle pattern.
MarketWatch•15 hours agoStocks suffer worst day in weeks as Trump’s trade threats rattle; Dow ends below key level
U.S. stocks closed sharply lower Monday, with major indexes seeing their biggest one-day drop in weeks and the Dow bearishly closing below a closely watched level for the first time in two years as fresh threats from President Donald Trump against U.S. trading partners underlined how the risk of protectionist policies has not left the market. The day’s losses were widespread, with 26 of the Dow’s 30 components ending lower, along with nine of the 11 primary S&P 500 sectors. The Dow also ended below its 200-day moving average, a closely watched gauge of an asset’s long-term momentum trends.
- TheStreet.com•15 hours ago
When Is It 'Worth It' to Work With a Financial Advisor?
Not everyone needs a financial advisor. As a financial advisor and certified financial planner, I know I can't help every prospective client who comes through the door. Sadly, the financial advice industry has become so confusing for investors to navigate, that many investors now need a college-level course on the subject just to figure out whether they should even consider working with an advisor.
Business Insider•6 hours agoVMware CEO Pat Gelsinger says he's not interested in the Intel CEO job, and his boss Michael Dell seems glad to hear it — but there could be more going on beneath the surface (INTC, VMW)
VMware Now that former Intel CEO Brian Krzanich has dramatically and suddenly resigned, the whole world is guessing Intel will hire as its new CEO. We've named the list of possible new CEOs that insiders have are talking about, but there's another obvious
- InvestorPlace•19 hours ago
This Is What General Electric Must to Do Before It Splits
Early this year, General Electric (NYSE:GE) CEO John Flannery unofficially confirmed what many had suspected for months … at least a partial breakup of the industrial giant was inevitable. Or, perhaps the market didn’t believe General Electric was really going to start parsing itself up in an effort to save itself in pieces. As of the most recent look, the possibility has only been suggested by “people familiar with the matter.” In terms of credibility though, it’s not difficult to believe there’s some truth in the reports that GE is close to selling its industrial gas engines business to private equity firm Advent International.
