Prominent Investor Sees Big Breakout For S&P, Says Bears Lost Control

Amidst a slight pullback in the U.S. stock market, Ed Yardeni, president of Yardeni Research, said that the S&P 500 is expected to see a big breakout heading into 2020, predicting an increase to 3,500 points. Currently, the S&P 500 stands at 2,992 points after a sell-off on Friday and a rally to 3,500 points […] The post Prominent Investor Sees Big Breakout For S&P, Says Bears Lost Control appeared first on CCN.com

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Stock Market Futures Surge as Trump Gets Positive on China

By CCN Markets: In response to the struggling stock market, Donald Trump’s Twitter feed was awash with positive talk about the trade war and progress with China on Sunday. A more upbeat Trump could be precisely what the doctor ordered for bruised markets, putting the wind at the S&P 500’s back next week. U.S. stock […] The post Stock Market Futures Surge as Trump Gets Positive on China appeared first on CCN Markets

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Don't Blame the Fed or Tariffs Alone for this Stock Market Rout

Stock market investors who were expecting that the Fed would be more accommodating with its monetary policy or that trade talks between the U.S. and China would go swimmingly were in for a rude awakening. Instead, they got a one-two punch comprised of a mere quarter-point interest rate cut and threats of more tariffs on […] The post Don't Blame the Fed or Tariffs Alone for this Stock Market Rout appeared first on CCN Markets

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Passive Investing Boom Poses Catastrophic Risk to Dow Recovery

The trend for passive investing has reached new heights. According to a CNBC report, money continues to pump into ETFs tracking bundled assets – e.g., major indexes like the Dow Jones or S&P 500) – which now make up almost 50% of the entire stock market. Even the bond markets aren’t safe from the passive crowd. While everything looks rosy, there is a sinister threat lurking in the wings. Harvard Study Suggests Financial Stability Risks Associated With Passive Funds Active investors are struggling for assets, and their fees are less…

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Dow Struggles to Shrug off Boeing Scrutiny as S&P 500 Creeps Toward Record Highs

The Dow lagged behind the broader U.S. stock market on Monday, as the Department of Transportation zeroed in on Boeing’s flight safety system in the wake of two deadly airline crashes that have sent the company’s share price into a tailspin. Dow Lags as S&P 500 Jumps Further Past 2,800 The Dow Jones Industrial Average traded flat Monday, reversing an earlier loss. The index’s movement reflects a tepid pre-market session for Dow futures, which staggered into Monday’s open. At last check, the Dow was up 13 points, or 0.1%, at…

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Dow Surges after Brutal Open but Boeing Bleeds in Wake of 737 MAX Crash

Surging tech shares pulled the Dow and broader U.S. stock market out of a big hole on Monday, but a crisis-hit Boeing Co (BA) continues to struggle in the aftermath of a second deadly airline crash in five months. Dow Recovers – for Now Wall Street’s major bourses opened sharply lower on Monday, reflecting a brutal pre-market session for Dow futures. After plunging 242 points, the Dow Jones Industrial Average is now up 108 points, or 0.4%, at 25,558.96. Twenty-nine of 30 index members reported gains, with Apple Inc. (AAPL)…

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Dow Erases Big Gains as Clock Ticks on Government Shutdown, US-China Trade Negotiations

The U.S. stock market traded mixed-to-lower on Monday, as the Dow and other major indexes gave back gains amid high-stakes trade negotiations between the United States and China. DOW SWINGS LOWER The Dow Jones Industrial Average opened 136 points higher on Monday and was up by as much as 190 points through the early morning. The gains, which reflected a strong pre-market session for Dow futures, quickly evaporated as investors braced for a big week. At the time of writing, the blue-chip index was down 18 points, or 0.1%, at…

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