Iran, Israel and Dow Jones
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Investors had two reactions to Israel's broad attack on Iran late Thursday: They sold stocks broadly and bought crude oil and gold. Futures trading suggests the Standard & Poor's 500 Index will open down 52 points.
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Oil prices leapt, and stocks fell on worries that escalating violence following Israel's attack on Iranian nuclear and military targets could damage the flow of crude around the world, along with the global economy.
The Dow Jones Industrial Average (DJIA) fell on Friday, shedding over 600 points from the previous day’s close as investors pulled back following Israel’s unexpected wave of strikes on Iran. Consumer sentiment data rebounded more than expected, helping to ease Friday’s downside momentum.
Stock futures fell sharply early Thursday, pointing to a rocky open as Wall Street grapples with a tragic plane crash involving Dow component Boeing (BA) and digests a blockbuster earnings report from software giant Oracle (ORCL).
Trump’s tariffs and the latest trade deal with China continue to affect global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.
The board of Johnson Controls has approved a $9 billion share-repurchase program. The Cork, Ireland-based building company said Friday that the new buyback plan stacks on top of $1.1 billion in available repurchases it has remaining from a prior authorization.
The Dow Jones Industrial Average returned 193% over the last 10 years, equivalent to 11.3% annually. At that pace, $150 invested weekly in the SPDR Dow Jones Industrial Average ETF Trust would be worth $132,300 in a decade.
Live Updates Live Coverage Updates appear automatically as they are published. 'Buy the Dip' 9:50 am by HSBC strategist Max Kettner is advising investors to “buy the dip” in the stock market ahead of Q2 earnings season.
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Investor's Business Daily on MSNStock Market Today: Dow Jones Rises Amid U.S.-China Trade Talks; Tesla Skids On Downgrade (Live Coverage)Futures for the Dow Jones Industrial Average and other major stock indexes rose, as Wall Street awaited results from U.S.-China trade talks Monday. Meanwhile, TeslaTSLA skidded on an analyst downgrade on the stock market today.