· The Dow Jones Industrial Average dropped on Thursday as a sharp decline in 3M shares dragged the 30-stock index. The Dow fell 134.97 points to 26,462.08 as shares of 3M dropped 12.9% after the company reported earnings that were much lower than analysts had expected. The company also slashed its full-year outlook and announced plans to cut 2,000 jobs worldwide. 3M shares posted their worst day since Oct. 19, 1987, also known as Black Monday. · CEO Mike Roman said the quarter was “disappointing...

  · European stocks opened mixed Friday morning, as market participants prepared for another flurry of corporate earnings. The pan-European Stoxx 600 was flat shortly after the opening bell, with sectors and major bourses pointing in opposite directions. Market focus is largely attuned to corporate results, with investors set to closely monitor more earnings reports. Deutsche Bank reported stronger-than-expected first-quarter net profit on Friday, less than 24 hours after abandoning merger...

· Stocks slipped from record levels on Wednesday as Wall Street digested a mixed batch of corporate earnings. The Nasdaq Composite ended the day down 0.2% at 8,102.01 after hitting an intraday record. The S&P 500 also dipped 0.2% to 2,927.25 as the energy and communication sectors underperformed. The Dow Jones Industrial Average closed 59.34 points lower at 26,597.05. · European stocks closed lower on Wednesday, dragged down by underwhelming corporate earnings and fall in crude oil prices...

  · Two U.S. stock indexes may have closed at record highs this week, but one investor said the markets could be driven even higher on strong earnings. “We were running into a market that had gotten so much fear at the end of last year, that earnings estimates came very far down, perhaps too far down,” Timothy Lesko, partner at Granite Investment Advisors, said on Wednesday. “Maybe there’s 10, 15% left” in the market’s potential rise, Lesko projected, pointing to a “very...

· The S&P 500 and Nasdaq Composite rallied on Tuesday to notch record closing highs as Wall Street cheered stronger-than-expected quarterly profits from some of the largest publicly traded U.S. companies. The broad index closed 0.9% higher at 2,933.68, topping its previous record close of 2,930.75. The S&P 500 also ended the day just below its intraday record of 2,940.91. The Nasdaq closed up 1.3% at 8,120.82. The Dow Jones Industrial Average, meanwhile, gained 145.34 points to close at 26...

  · European shares pulled back from eight-month highs on Wednesday as worries over China putting policy-easing measures on hold offset upbeat earnings in the region from Credit Suisse and SAP. The pan-regional STOXX 600 index was down 0.1 percent by 0732 GMT. The benchmark index has notched gains in the past eight consecutive sessions, with a trend of rebounding from a weaker open. · Equity markets in Asia faltered on Wednesday amid losses in South Korea and uncertainty over China’s...

· Stocks posted a muted performance on Monday as the busiest week of the corporate earnings season kicked off. The Dow Jones Industrial Average fell 48.49 points to 26,511.05, the a gain in energy shares lifted the S&P 500 by 0.1% to 2,907.97. The Nasdaq Composite outperformed, climbing 0.2% to 8,015.27. Boeing contributed the most to the Dow’s losses, falling 1.3% after The New York Times reported that workers at the company’s 787 jet plant have complained about shoddy production and...

  · S&P TECHNICAL ANALYSIS500 Taking a closer look at S&P futures to show afterhours trade shows concerning technical developments. Negative RSI divergence is accompanying a Rising Wedge bearish reversal pattern. The former indicates fading upside momentum. As such, these may precede a turn lower with near-term support at 500 2900. · European stocks closed higher on Tuesday, as investors monitored a fresh batch of corporate earnings and supportive economic data. The pan-European STOXX 600...

· Asian stocks were steady on Monday as investors awaited the return of major financial markets from the Good Friday holiday, while oil prices spiked on a report the U.S. is likely to ask all importers of Iranian oil to end their purchases or face sanctions. · Stocks in Asia were mixed in Monday morning trade, while markets in Australia and Hong Kong were closed for the Easter Monday holiday. The Nikkei 225 in Japan slipped 0.2 percent in early trade, as shares of index heavyweights Softbank...

  · Asian shares slipped on Monday, weighed down by underperforming Chinese stocks, while oil prices rallied on news the United States is likely to ask all importers of Iranian oil to end their purchases or face sanctions. Brent and U.S. crude futures surged to nearly six-month highs on news reports that U.S. Secretary of State Mike Pompeo will announce “that as of May 2, the State Department will no longer grant sanctions waivers to any country that is currently importing Iranian crude...

· Stocks closed higher on Thursday as Wall Street digested more corporate earnings reports, solid retail data and two highly anticipated initial public offerings. The Dow Jones Industrial Average rose 110 points to 26,559.54 as shares of Travelers advanced. The S&P 500 gained 0.2% to end the day at 2,905.03, led by industrials. The Nasdaq Composite closed just above the flatline at 7,998.06. U.S. markets will be closed on Friday due to Good Friday. · European stocks closed higher on the final...

  · Markets in Japan, South Korea and China traded higher on Friday while other Asia Pacific markets, including Australia, Hong Kong, Singapore and Indonesia, were closed for a public holiday. The Nikkei 225 in Japan rose 0.5% to 22,200.56 as a number of tech stocks posted gains, with Nintendo shares jumping 14.12%. On Thursday, Chinese tech giant Tencent won an important approval to start selling the Nintendo Switch game console in China, one of the largest video games market in the world...

· Stocks struggled on Wednesday as sharp losses in the health-care sector offset strong quarterly earnings results. The Dow Jones Industrial Average dipped 3.12 points to 26,449.54, while the S&P 500 fell 0.2% to 2,900.45. The Nasdaq Composite closed 0.05% lower at 7,996.08. The Nasdaq 100, which is made up of the 100 largest companies in the composite index, rose 0.3% and hit a record high. Health care fell 2.9% as a sector, eclipsing a 2% drop from the previous session. · “Health care...

  · U.S. stock index futures were lower Thursday morning, as market participants awaited further earnings reports. At around 01:30 a.m. ET, Dow futures fell 67 points, indicating a negative open of more than 85 points. Futures on the S&P and Nasdaq were also seen slightly lower. Wall Street ended Wednesday’s session in the red, due to sharp losses in the health sector. Some of the reaction in the sector was caused by prospects of tighter regulation. Nonetheless, corporate results remain...

· The Dow Jones Industrial Average rose on Tuesday as the corporate earnings season kicked into full gear, while also getting a boost from Boeing shares. The 30-stock Dow ended the day up 67.89 points at 26,452.66 as Boeing gains 1.7%. Shares of the aerospace giant rose after the Federal Aviation Administration said in a report an update to the 737 Max software is “operationally suitable. ” The Nasdaq Composite advanced 0.3% to 8,000.23 while the S&P 500 eked out its 12th gain...

  · European stocks closed higher on Tuesday, as investors monitored a fresh batch of corporate earnings and supportive economic data. The pan-European STOXX 600 index closed provisionally almost 0.4% higher, with most major bourses and sectors in positive territory. · Asian share markets pulled ahead on Wednesday as investors were relieved after a raft of Chinese data beat expectations in a sign Beijing’s policy stimulus may finally be gaining traction in the world’s second-largest...

· Stocks closed along the flatline on Thursday as Wall Street looked ahead to the start of the earnings season. The Dow Jones Industrial Average dipped 14.11 points to 26,143.05 as Apple slipped 0.8%. The S&P 500 posted a marginal gain to end the day at 2,888.32 while the Nasdaq Composite slipped 0.2% to 7,947.36.Thursday’s session saw the lowest trading volume since Dec. 24. Stocks initially rose Thursday as investors cheered progress on U.S.-China trade talks. The Wall Street Journal...

  · European stocks were slightly higher Thursday, with shares of major airlines rallying in afternoon trade, after EU leaders granted the U.K. a further extension to the date of Brexit. The pan-European Stoxx 600 closed provisionally up around 0.1%, with most sectors and major bourses in positive territory. · Asian shares weakened on Friday as trepidation ahead of the start of the U.S. corporate earnings season and underlying anxiety over the global growth outlook eclipsed some reassuring...

· The Dow Jones Industrial Average rose 6.58 points, or 0.03%, to 26,157.16, the S&P 500 gained 10.01 points, or 0.35%, to 2,888.21, and the Nasdaq Composite added 54.97 points, or 0.69%, to 7,964.24. Technology stocks led Wall Street slightly higher on Wednesday, as U.S. inflation data proved to be benign and the minutes from the Federal Reserve’s March meeting were unsurprising. Core U.S. consumer prices, which strip out volatile food and energy segments, rose at the slowest annual...

  · European stocks were mixed Thursday morning, after EU leaders agreed to delay Brexit for up to six months. The pan-European Stoxx 600 edged slightly lower shortly after the opening bell, with sectors and major bourses pointing in opposite directions. · Asian stocks stepped back from near eight-month highs on Thursday and the dollar eased as cautious European and U.S. central banks reinforced investors’ worries about the slowing global economy and trade protectionism. MSCI’s broadest...