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Stock market today October 21, 2021

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Stock market today

A mixed close for the US stock market today, Nasdaq outperformed and Dow Jones underperformed. The closing numbers for the US stock market today are:

S&P 500: 4,549.78,+13.59(+0.30%)
Dow 30: 35,603.08,-6.26(-0.02%)
Nasdaq: 15,215.70,+94.02(+0.62%)
Russell 2000: 2,292.86,+3.10(+0.14%)

Stock market news

“Stocks were mostly higher on Thursday, with the S&P 500 rising to log an all-time high as a parade of strong earnings results helped buoy equity prices.

The S&P 500 rose 0.3% to reach record intraday and closing highs, led by gains in the consumer discretionary and information technology sectors. The Dow dipped but came off session lows. The 30-stock index had set a fresh record intraday high during the regular trading day on Wednesday, marking its first all-time high since mid-August.

Bitcoin prices (BTC-USD) pulled back from an all-time high of $66,000 reached earlier on Wednesday.

Estimates-topping earnings results from companies from Verizon (VZ) to Anthem (ANTM) and Abbott Laboratories (ABT) extended a streak of strong quarterly reports kicked off by the big banks last week. Tesla (TSLA) shares pushed higher after the electric-vehicle maker posted profits that exceeded estimates on the back of record quarterly deliveries, though revenues fell short.

With stocks trading near record levels, these kinds of earnings beats will need to be maintained in order to fuel further appreciation, some strategists said.

“Both the fiscal stimulus and monetary stimulus has been driving markets really since the ricochet off the bottom of COVID,” Michael Vogelzang, chief investment officer for Captrust, told Yahoo Finance Live on Wednesday. “What we’re looking at now is, the easy work is done. The Fed is beginning to taper shortly, we expect. We don’t expect interest rates to rise much from here. But what it means is that the market is reasonably valued. It’s not cheap by anyone’s estimation. And in order to progress here … we’re going to have to see stronger earnings growth, and continued strong earnings growth.”

“We’ve seen the peak cycle acceleration,” he added. “Now it’s the hard work – can we continue to create profit growth in our various companies? Can the market and the economies around the globe work through some of the logistical issues?”

Stock market data: Yahoo Finance

Stock market futures October 19, 2021

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Stock market futures today

At 9:05 AM ET time today, October 19, 2021, the stock futures for the US stock market point to a moderately higher open.The latest stock market futures data follows:

S&P Futures: 4,495.25,+17.75(+0.40%)
Dow Futures: 35,270.00,+137.00(+0.39%)
Nasdaq Futures: 15,337.00,+46.50(+0.30%)
Russell 2000 Futures: 2,275.80,+11.10(+0.49%)

Stock market data: Yahoo Finance

Top stock losers today October 15, 2021

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Top stock losers

  • Siyata Mobile Inc (SYTAW): 0.425,-0.275,(-39.27%)
  • Duck Creek Technologies Inc (DCT): 34.94,-11.29,(-24.42%)
  • Catchmark Timber (CTT): 9.40,-2.77,(-22.76%)

Stock market data: Investing.com

Check also the stocks that were among the top stock gainers today.

Top stock gainers today October 15, 2021

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Top stock gainers

  • LM Funding America Inc (LMFA): 4.750,+1.310,(+38.08%)
  • Waitr Holdings Inc (WTRH): 1.4200,+0.3900,(+37.86%)
  • Jasper Therapeutics Inc (JSPR): 6.420,+3.940,(+31.57%)

Stock market data: Investing.com

Stock market today October 15, 2021

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Stock market today

A higher close for the US stock market today, small-cap stocks underperformed and Dow Jones outperformed.

The closing numbers for the US stock market today are:

S&P 500: 4,471.37,+33.11(+0.75%)
Dow 30: 35,294.76,+382.20(+1.09%)
Nasdaq: 14,897.34,+73.91(+0.50%)
Russell 2000: 2,265.65,-8.52(-0.37%)

Stock market news

“Stocks rose on Friday to post a robust weekly advance, with stronger-than-expected earnings and economic data helping lift the S&P 500 for a third consecutive day. The blue-chip index closed out the week higher by about 1.8% in its best one-week increase since July.

A new report from the Commerce Department showed an unexpected rise in U.S. retail sales in September and helped further lift sentiment, with consumer spending holding up more strongly than expected even given the latest rise in prices and lingering virus-related impacts.

Shares of big bank stocks including Bank of America (BAC), Citi (C) and Morgan Stanley (MS) ticked up during the pre-market session. The stocks had jumped a day earlier, after these banks posted much stronger-than-expected third-quarter earnings results. Peer banking titan Goldman Sachs (GS) also reported much stronger-than-expected earnings results before the opening bell Friday morning, sending shares sharply higher.

This week’s early batch of stronger-than-anticipated quarterly results has helped assuage investors’ concerns over a sharp deceleration in corporate profits, especially as expenses mount for companies across industries in the face of higher input and labor costs.

Investors have at least temporarily looked through ongoing reports and company commentary around shipping challenges and heightened prices. Nw inflation data this week also showed price increases at both the consumer and producer levels held at historically high levels last month.

Still, other upbeat economic data helped to counterbalance these reports, with Thursday’s weekly jobless claims report showing new unemployment filings fell more-than-expected to a pandemic-era low last week.

“We’ve had a lot of volatility recently, and I think markets are looking for any little glimpse or glimmer of good news,” Jack Manley, JPMorgan Asset Management global market strategist, told Yahoo Finance Live. “The earnings season … has been good so far, and if history suggests anything, it’s only going to get better from here.”

Stock market data: Yahoo Finance

Stock market today October 14, 2021

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Stock market today

A stock market rally today, with gains of more than 1.5% for Dow Jones, S&P 500, and Dow Jones.

The closing numbers for the US stock market today are:

S&P 500: 4,438.26,+74.46(+1.71%)
Dow 30: 34,912.56,+534.75(+1.56%)
Nasdaq: 14,823.43,+251.79(+1.73%)
Russell 2000: 2,274.18,+32.21(+1.44%)

Stock market news

“Stocks gained on Thursday after a slew of earnings results from the big banks topped expectations, and new weekly jobless claims showed a larger-than-anticipated improvement to a pandemic-era low.

The S&P 500 jumped by 1.7% in its best day since March. The Dow gained more than 500 points, or 1.6%. The Nasdaq also rallied by 1.7%, building on Wednesday’s gains as Treasury yields fell further. The benchmark 10-year yield pulled back further to come in below 1.53% after topping 1.62% just earlier this week.

Bank earnings continued on Thursday with companies including Bank of America (BAC), Wells Fargo (WFC) and Morgan Stanley (MS) posting quarterly results before the opening bell. Bank of America’s profits soared by 58% over last year to $7.7 billion, with this sum boosted by the release of $1.1 billion in credit reserves that had been previously set aside to protect against potential customer defaults. Wells Fargo’s results saw a similar boost from reserve releases, as well as from increased investment banking revenue and consumer credit card-related sales. And Morgan Stanley posted estimates-topping revenue in both its fixed income and equities trading units, with the bank seeing a pick-up in business as market activity related elevated during the quarter.

As earnings season rolls on in the coming weeks, investor focus will be fixed on companies’ commentary around prices increases, supply chain disruptions and labor challenges. All of these factors have been seen as contributing to an earnings slowdown compared to the second quarter. However, how long-lasting these challenges prove to be, and which companies will ultimately be hit the hardest by these factors, has been a central question for investors.

At the macro level, inflation has already lasted for months across various pockets of the economy. The Bureau of Labor Statistics’ (BLS) September Consumer Price Index (CPI) rose 5.4% in September compared to last year, coming in at its fastest pace since 2008. A jump in prices for rent, groceries and energy saw especially notable increases. And the BLS’s Producer Price Index (PPI) showed that selling prices for producers increased at an 8.6% annual rate in September, or the fastest rate on record in data spanning back to 2010.”

Stock market data: Yahoo Finance

Top stock gainers

  • Theralink Technologies, Inc. (OBMP): 6.15+2.41 (+64.44%)
  • Ginkgo Bioworks Holdings, Inc. (DNA):11.63+1.38 (+13.46%)
  • Relay Therapeutics, Inc. (RLAY):36.62+3.86 (+11.78%)

Top stock losers

  • Futu Holdings Limited (FUTU): 73.81-10.46 (-12.41%)
  • AMN Healthcare Services, Inc. (AMN): 101.73-14.09 (-12.17%)
  • Exscientia plc (EXAI): 20.20-2.57 (-11.29%)

Stock investing

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Top stock losers today October 12, 2021

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Top stock losers

These are the stocks that lost the most today October 12, 2021:

  • Columbia Banking System, Inc. (COLB): 33.68-5.59 (-14.23%)
  • ChemoCentryx, Inc. (CCXI): 36.00-4.50 (-11.11%)
  • Trex Company, Inc. (TREX): 91.92-11.12 (-10.79%)

What are stocks that gained the most today, top stock gainers?

Stock market data: Yahoo Finance

Top stock gainers today October 12, 2021

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Top stock gainers

These are the stocks that gained the most today in the US stock market:

  • Theralink Technologies, Inc. (OBMP): 1.9900+1.2100 (+155.13%)
  • NexGen Energy Ltd. (NXE): 5.66+0.72 (+14.57%)
  • Ginkgo Bioworks Holdings, Inc. (DNA): 10.83+1.36 (+14.36%)

Stock market data: Yahoo Finance

Stock market today October 12, 2021

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Stock market today

Minor losses for the US stock market today, small-cap stocks outperformed. Dow Jones lost 117 points, S&P 500 lost 10 points and Nasdaq fell 20 points. The closing numbers for the US stock market today are:

S&P 500: 4,350.65,-10.54(-0.24%)
Dow 30: 34,378.34,-117.72(-0.34%)
Nasdaq: 14,465.92,-20.28(-0.14%)
Russell 2000: 2,234.27,+13.63(+0.61%)

Stock market news

“Stocks fell on Tuesday in another choppy session, with investors eyeing elevated commodity prices and other signs of inflation heading into corporate earnings season.

The S&P 500, Dow and Nasdaq each posted a third consecutive day of declines. U.S. West Texas intermediate crude oil futures hovered near a seven-year high, with supply constraints and elevated fuel demand pushing prices higher over the past seven consecutive weeks. Outside of oil, aluminum prices also edged lower after reaching their highest level since 2008 on Monday, and copper prices turned lower after a near 2% jump.

For investors, the recent, broad rise in commodity prices has threatened to exert further pressure on corporate margins. Companies have already been grappling with a host of supply-side challenges, including port congestion and labor scarcities, that are expected to drag on profit growth heading into third-quarter earnings season later this week and over the next month. The Labor Department’s August Job Openings and Labor Turnover survey — due for release Tuesday morning — showed workplace vacancies held near a record high at the end of the summer.

And rising interest rates have also raised the specter of higher borrowing costs for companies, with the 10-year yield holding near its highest level since June.

“We’re definitely freaked out about crude oil prices … [and] about slightly higher interest rates,” David Bailin, Citi Private Bank chief investment officer, told Yahoo Finance. “But we have to put all of this in context. First of all, interest rates have been abnormally low. Energy prices are high due to excessive demand right now and delivery shortages across Europe and now in China … These things will abate. We think it’ll take somewhere between three and nine months for energy supplies and for the shipping issues to abate.”

Other strategists also suggested that investors look through the near-term supply-related challenges facing the markets.”

Stock market data: Yahoo Finance

Stock market today October 11, 2021

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Stock market today

The US stock market closed lower today as earnings season is ready to kick in and oil prices continue to rise. Higher oil prices intensify inflationary pressures and this can make Fed taper its bond-buying program soon, signaling the gradual rise of interest rates. The closing numbers for the US stock market today are:

S&P 500: 4,361.19,-30.15(-0.69%)
Dow 30: 34,496.06,-250.19(-0.72%)
Nasdaq: 14,486.20,-93.34(-0.64%)
Russell 2000: 2,223.24,-9.85(-0.44%)

Stock market news

“Stocks ended lower on Monday as investors mulled ongoing signs of inflation and supply-related challenges and awaited more data on corporate earnings.

The S&P 500, Dow and Nasdaq dropped to erase earlier gains. Treasury yields advanced across the curve, and the benchmark 10-year yield hovered around 1.61%, or its highest level since June.

U.S. West Texas intermediate crude oil futures extended gains after logging a seventh straight weekly advance, jumping to top $82 per barrel at session highs and add to concerns over rising energy, commodity and input prices. WTI crude futures reached highest level since 2014, while Brent crude was at its highest since 2018 after topping $84 per barrel.

Stocks have traded choppily over the past several weeks as investors contemplated the equity market implications of ongoing price increases against a backdrop of decelerating economic growth. Elevated demand and supply-side shortages have pushed up the prices of commodities from oil and natural gas to cotton, and labor shortages have raised the specter of lasting increases in wages and higher costs to employers. Last week’s September jobs report “had an inflationary feel with strong wage growth, a rise in the workweek, and a drop in [labor force] participation,” Neil Dutta, head of U.S. economics at Renaissance Macro Research, wrote in an email last week.

This week, investors will receive the Bureau of Labor Statistics’ latest Consumer Price Index and Producer Price Index, each for September. Increases in core consumer prices, excluding food and energy, are expected to remain elevated on a historical basis, coming in just slightly below June’s 30-year high in price increases. Producer prices, meanwhile, are expected to have accelerated further last month.

“‘Stagflation’ was the most common word in client conversations this week as equity market volatility remained elevated,” David Kostin, Goldman Sachs chief U.S. equity strategist, wrote in a note Monday morning. “Stagflation is not our economists’ base case expectation, but the weak historical performance of equities in stagflationary environments helps explain why investors are concerned.”

Stock market data: Yahoo Finance