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News Stocks 

Dow industrials end 1% lower as Boeing, J&J shares exact more than 220-point toll on the blue-chip index

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“U.S. stocks finished near their lows of the session on Friday, with declines in Johnson & Johnson and Boeing Co. delivering the lion’s share of the pain for the Dow industrials” writes Mark Decambre for marketwatch.com. Dow components Boeing cut about 170 points from the price-weighted average, while J&J and shares exacted a 57-point toll on the index.The S&P 500 index SPX, -0.39% closed 0.4% lower at 2,986, while the Nasdaq Composite Index COMP, -0.83% ended 0.8% lower at 8,090. Boeing’s stock got slammed after the Federal Aviation Administration said…

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News Stocks 

Dow breaks slightly lower at Friday’s open as J&J’s stock weighs on blue chips

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“The S&P 500 index SPX, +0.00% was off less than 0.1% at 2,997, while the Nasdaq Composite Index COMP, -0.08% was down 0.1% at 8,151” writes Mark Decambre for marketwatch.com. US stocks on Friday headed slightly lower but benchmarks were set to post a second straight week of gains on quarterly corporate results that have thus far come in better than expected.Meanwhile, other Dow components Coca-Cola shares climbed after the beverage and snacks company matched expectations and sales rise slightly more than anticipated and American Express Co.’s AXP, -0.38% shares…

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News Stocks 

Dow breaks lower at the open as investors weigh soft retail-sales report

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“U.S. stocks opened modestly lower Wednesday morning as the market reacted to weaker-than-expected economic data and geopolitical developments” writes Mark Decambre for marketwatch.com. The Dow Jones Industrial Average DJIA, -0.07% slipped 50 points, or 0.2%, to 26,969, the S&P 500 index SPX, -0.15% fell 0.2% to 2,988, while the Nasdaq Composite Index COMP, -0.30% retreated 0.4% to 8,118, near the opening bell.A report on retail sales showed that it fell 0.3% last month, the government said Thursday, ending a streak of six straight strong gains that helped to fuel economic…

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News Stocks 

Dow rises closer to record on good start to corporate earnings season

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“However, S&P 500 index company earnings are expected to fall 4.6% in the third quarter, according to FactSet” writes Deputy Markets Editor for marketwatch.com. JPM, +3.80%  rose after reporting revenue and earnings that rose more than expected on the back of its consumer banking division, while Wells Fargo & Co.This would be the first time that index company earnings have fallen for three straight quarters since the fourth of quarter of 2015 through the second quarter 2016, FactSet analyst John Butters said.Dow constituent Johnson & Johnson JNJ, +1.79% reported earnings…

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News Stocks 

Stock market on the rise as banks kick off third-quarter earnings season

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“However, S&P 500 index company earnings are expected to fall 4.6% in the third quarter, according to FactSet” writes Deputy Markets Editor for marketwatch.com. The Dow Jones Industrial Average  DJIA, +0.91% rose 312 points, or 1.2%, to 27,097, while the S&P 500 index SPX, +1.06%   gained 34 points, or 1.1%, to 3,000.The S&P 500 closed 4.12 points lower, down 0.1%, at 2,966.15, while the Nasaq Composite  lost 8.39 points, or 0.1%, to finish at 8,048.65.The Nasdaq Composite index COMP, +1.18% rose 96 points, or 1.2%, to 8,144.This would be…

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Crypto News 

Nasdaq Lists AI-Powered Crypto Index for Top 100 Coins

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“The world’s second-largest stock exchange, Nasdaq, has listed the AI-powered CIX100 index created by crypto data provider CryptoCompare” writes Marie Huillet for cointelegraph.com. Cryptocompare has also partnered with major crypto derivatives platform BitMEX to jointly construct a real-time crypto futures dataset, which will be delivered to financial markets data provider Refinitiv. This summer, Sina Finance —  a finance-focused website owned by China’s major tech company Sina Corp — included a crypto index into its mobile app, without making a formal public announcement on the addition.In February 2019, Nasdaq started listing…

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Markets News Oil 

Asia markets trade mixed as investors remain cautious over the US-China partial trade deal

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“Asia Pacific markets traded cautiously on Tuesday, following the previous day’s rally, as new doubts emerged overnight about the partial U.S.-China trade deal” writes Saheli Roy Choudhury for cnbc.com. Overall, the consumer price index was said to have increased 3% on-year last month while the producer price index fell by 1.2%.In South Korea, the Kospi index closed fractionally higher at 2,068.17.Pork prices in China jumped around 69% on-year in September due to ongoing shortage of the meat following an outbreak of African swine fever.Chinese mainland markets fell: The Shanghai composite…

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News 

German investor sentiment falls less than expected in October

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“ZEW’s headline economic sentiment index, which reached its lowest in almost seven years in August, appears to have stabilized” writes Midwest Communications Inc for 95kqds.com. Germany’s leading economic institutes have cut their growth forecasts, predicting an expansion of 0.5% this year and 1.1% in 2020.BERLIN (Reuters) – The mood among German investors worsened less in October than analysts had expected, a survey showed on Tuesday, amid concern that Europe’s biggest economy might be headed for a recession.In its monthly survey, ZEW said that an index showing economic sentiment among investors…

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Markets News Stocks 

A group of small tech stocks is quietly dominating the FANGs after lagging behind for years. Here’s why a Wall Street expert is convinced its gains are just getting started.

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“Small-cap stocks are more compelling from a valuation perspective, he said, comparing S&P 600 technology stocks to their S&P 500 counterparts” writes Akin Oyedele for businessinsider.com. If this trend continues, Leuthold sees small-cap tech stocks gaining more popularity and inflows from investors.”Today, when it comes to technology stocks, while big may be beautiful, small may be smart,” he said.After all, large-cap tech stocks have been among the safest bets throughout this historic bull market.In terms of individual names, Brooks Automation, Power Integrations, and Itron are among the top-10 firms on…

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