27 minutes ago
The Dow Jones Industrial Average hits new intraday high
The Dow Jones Industrial Average hit a new intraday record on Tuesday, driven by a big gain in the blue-chip index, which saw the 30-stock average rise by more than 500 points at its peak.
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Dow, 1 day
35 minutes ago
Small caps surge, rising again Tuesday
Small cap stocks are the hottest deals on the stock market right now.
The group’s benchmark, the Russell 2000 Index, rose 1% on Tuesday after hitting its highest close since January 2022 on Monday. If the index rises another 1% on Tuesday, it will mark just the fifth time since 1979 that it has recorded five consecutive days of gains of more than 1%, according to Bespoke Investment Group.
Last week, small-cap stocks took the baton from large technology stocks and led the bull market on hopes that lower interest rates will broaden the economic recovery and favor small caps.
56 minutes ago
Home Construction ETF rises for fourth time in last five
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Home Construction ETFs in the Last 5 Days
1 hour ago
Stock prices start rising
The stock market opened higher on Tuesday.
The Dow Jones Industrial Average was up about 0.5% just after 9:30 a.m. ET. The S&P 500 and Nasdaq Composite were up about 0.3% each.
Alex Harring
1 hour ago
Retail sales data beats expectations
A person chooses clothes at a Lacoste store at Woodbury Common Premium Outlets in New York’s Central Valley on November 24, 2023, as retailers compete to attract shoppers and maintain profit margins on Black Friday, one of the busiest shopping days of the year.
Vincent Alban | Reuters
Retail sales data released Tuesday morning came in stronger than economists had expected.
Sales were little changed in June, while economists surveyed by Dow Jones had expected a 0.4% decline. Excluding autos, sales rose 0.4%, beating the consensus forecast of a 0.1% increase.
Alex Harring
2 hours ago
Stocks with the biggest price movements in premarket trading
Before the bell rings, let’s check out some of the hottest companies.
- Morgan Stanley — The bank’s shares fell more than 2% in premarket trading after its second-quarter results beat Wall Street expectations on the back of strong trading and investment banking results. The bank said its profit rose 41% from a year ago, helped by a pick-up in Wall Street activity. Revenue rose 12% to $15.02 billion.
- Bank of America — Shares rose nearly 1% after the bank reported better-than-expected second-quarter results. Profit of 83 cents a share beat the 80 cents expected by analysts surveyed by LSEG. Revenue of $25.54 billion beat the consensus estimate of $25.22 billion.
- UnitedHealth — Shares rose slightly after the company reported better-than-expected second-quarter results. The health insurance giant said it earned $6.80 a share on revenue of $98.86 billion, excluding some items. Analysts had expected earnings of $6.66 a share on revenue of $98.84 billion.
You can see the complete list here.
— Kim Hagyeong
3 hours ago
Morgan Stanley profit beats expectations
Morgan Stanley shares fell even though the bank reported earnings on Tuesday that beat Wall Street expectations.
The bank earned $1.82 per share on revenue of $15.02 billion. Analysts surveyed by LSEG had expected $1.65 per share on revenue of $14.3 billion.
Alex Harring
3 hours ago
Bank of America profit beats expectations
Brendan McDiarmid | Reuters
Bank of America shares rose nearly 1% after the bank reported second-quarter earnings and revenue that beat analysts’ expectations. The bank earned 83 cents a share on revenue of $25.54 billion. Analysts were expecting earnings of 80 cents a share on revenue of $25.22 billion.
Fred Imbert
7 hours ago
European markets opened lower
European stock markets opened lower on Tuesday as investors assessed the economic and political outlook within the region and beyond.
The pan-European Stoxx 600 index fell 0.5% as all sectors and major bourses declined. Mining stocks led the decline, down 0.97%, while auto stocks also fell 0.9%.
Britain’s FTSE index fell 0.29% to 8,159, Germany’s DAX fell 0.47% to 18,504, France’s CAC 40 fell 0.6% to 7,586 and Italy’s FTSE MIB fell 0.51% to 34,201.
European Market
Ticker | company | price | change | %change |
---|---|---|---|---|
.FTSE | FTSE 100 | 8,155.03 | -27.93 | -0.34% |
.GDAXI | Dachshund | 18,515.50 | -75.39 | -0.41% |
.FCHI | CAC 40 Index | 7,580.51 | -52.20 | -0.68% |
.FTMIB | FTSE MIB | 34,380.04 | +4.12 | +0.01% |
.IBEX | IBEX 35 Index | 11,100.10 | -42.90 | -0.38% |
16 hours ago
Nvidia leads S&P 500 and Nasdaq Composite gains on Monday
A staff member introduces NVIDIA GeForce series equipment to be exhibited at Computex in Taipei, Taiwan on June 5, 2024.
Ann Wang | Reuters
16 hours ago
Biggest movers after the close: Trump Media, FB Financial
The most volatile stocks in extended trading hours are:
- Trump Media & Technology – Shares fell nearly 11% after soaring more than 30% in Monday’s trading session as the assassination attempt on Saturday boosted expectations that Trump would win the November presidential election.
- FB Financial — Shares rose nearly 2% after the regional bank reported a second profit beat. FB Financial reported adjusted earnings per share of 84 cents, compared with 76 cents expected by analysts surveyed by FactSet. The bank also beat consensus estimates in other metrics, including net interest income and net interest margin.
— Lisa Kailai Han
16 hours ago