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Originally shared by Rick Li
The #DJIA had an asymmetric response to the Federal Reserve's introduction of the word 'symmetric' into its statement on monetary policy. The #Dow dropped 174.07 points, or 0.7%, to 23924.98, while the S&P 500 fell 19.13 points, or 0.7%, to 2635.67, and the Nasdaq Composite dropped 29.81 points, or 0.4%, to 7100.90. Rates weren't hiked. The Fed didn't express any concerns about inflation or the strength of the U.S. economy. But it did use the word 'symmetric' to describe its inflation goals, meaning that it would let inflation overshoot its target just as it had let it undershoot.


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After the Bell: Dow Slumps 174 Points as Markets Don’t Believe in Symmetry
https://www.barrons.com/articles/after-the-bell-dow-slumps-174-points-as-markets-dont-believe-in-symmetry-1525296367

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Stocks finished mixed on Tuesday (May 8), as markets digested a decision from President Donald Trump on the U.S. pulling out of the Iran nuclear deal and renewing sanctions on the oil-rich nation. The #DJIA finished up 3 points, or 0.01%, to 24,360 after trading lower for much of the session. The S&P 500 was down 0.03% and the #Nasdaq rose 0.02%.

Comcast Corp shares fell 5.5% after reports said it has explored financing for a bid to challenge Walt Disney's purchase of much of Twenty-First Century Fox. Takeda Pharmaceutical Co said Tuesday it reached an agreement to acquire Dublin-based drugmaker Shire PLC in a deal valued at $62.4bn.


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#Dow Trims Earlier Losses, Finishes Slightly Higher After Volatile Session
https://www.thestreet.com/markets/stocks-edge-lower-14582369
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Stocks rose on Monday (May 7), as U.S. crude oil settled above $70 a barrel for the first time since late 2014. The #DJIA closed up 94 points, or 0.39%, to 24,357. The S&P 500 was up 0.34% and the #Nasdaq rose 0.77%. Leading the #Dow higher were Caterpillar Inc, Exxon Mobil Corp and Boeing Co. Apple rose 0.72% to $185.16; earlier Monday the stock set an all-time high of $187.67.

Warren Buffett's conglomerate posted a loss of $1.14bn for Q1, the first loss since 2009. The accounting change forced Berkshire to recognize its equity holdings on a mark-to-market basis. Buffett had warned about the accounting change earlier this year.


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Dow, S&P 500 and Nasdaq Post Gains as Crude Oil Spikes
https://www.thestreet.com/markets/stocks-rise-as-oil-prices-rally-14580163
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Review and expectations about financial markets!
#Dax   #eurusd   #gbpusd   #spx   #djia   #xauusd   #usoil   #Trading   #Forex   #futures   #commodities  
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Neetus Jewellery
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Stocks were mixed on Thursday (May 3), following the Federal Reserve's hawkish tone on interest rates and as the U.S. began 2 days of trade talks with China. The #DJIA was up 5 points, or 0.02%, to 23,930. Earlier in the volatile session the #Dow was down 390 points. The S&P 500 declined 0.23% and the #Nasdaq dropped 0.18%.

The Fed held steady on interest rates but said Wednesday, May 2, that it expects "further gradual increases" as inflation edges toward the central bank's annual rate of inflation of 2%. Led by Treasury Secretary Steven Mnuchin, a U.S. delegation arrived in Beijing on Thursday for two days of talks looking to achieve at least a partial breakthrough in a brewing trade war.


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Dow Rises Slightly but S&P 500 and Nasdaq Finish Lower After Volatile Session
https://www.thestreet.com/markets/stocks-tumble-on-wall-street-14577907
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Stocks were mixed on Tuesday (May 1), with investors adopting a cautious stance as the Federal Reserve begins a two-day meeting and Apple is scheduled to report quarterly earnings after the closing bell. The #DJIA was down 64 points, or 0.27%, to 24,099; at its low the blue-chip index was down 354 points. Leading the #Dow lower were Pfizer Inc, McDonald's Corp and Merck & Co. The S&P 500 rose 0.25% and the #Nasdaq was up 0.91%.


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Dow Declines as S&P 500 and Nasdaq Finish Higher
https://www.thestreet.com/markets/stocks-lower-ahead-of-apple-earnings-14573352
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Stocks finished lower on Monday (Apr 30), as Wall Street processed a mega-merger between Sprint Corp and T-Mobile US Inc and as Walmart Inc said it would sell its supermarket business in the U.K. The #DJIA was down 148 points, or 0.61%, to 24,163. The S&P 500 fell 0.82% and the #Nasdaq declined 0.75%.

Shares of Sprint fell 13.7% to $5.61 on Monday, suggesting investors may be cautiously approaching the company's proposed $26.5 billion merger with T-Mobile amid concerns regulators could block a deal that would reduce competition in the country's wireless network space. T-Mobile shares declined 6%.


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Dow, S&P 500 and Nasdaq Decline as M&A Fails to Push Wall Street Higher
https://www.thestreet.com/markets/stocks-rise-on-merger-monday-14572482
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