The Conference Board, a business research group, said Tuesday that its consumer confidence index registered 120.3 this month, down from 124.9 in March, which was the highest reading in 16 years. Americans' assessment of current conditions and their expectations for the future both dipped this month.
A new trading platform focused on hard-to-trade segments of the one of the most important markets in the world just opened for business. OpenDoor Securities launched Tuesday, April 25, with more than 30 firms representing more than $5 trillion in assets already onboarded.
More big businesses joined the earnings parade Tuesday, saying their profits were even larger in the first three months of the year than analysts were expecting, including Caterpillar and McDonald's. The gains put U.S. indexes on track to add to their big gains from Monday.
More big businesses joined the earnings parade Tuesday, saying they earned even more in the first three months of the year than analysts were expecting, including Caterpillar and McDonald's. The gains put U.S. indexes on track to add to their big gains from Monday.
The Nasdaq, home to many of the biggest tech companies in America, hit the 6,000 mark for the first time ever on Tuesday. The milestone comes more than 17 years after the Nasdaq first topped 5,000 -- way back in March 2000.
Heavy equipment maker Caterpillar jumped 6.4 percent early Tuesday after reporting earnings that beat forecasts and raising its outlook for the year. The Dow Jones industrials gained 183 points, or 0.9 percent, to 20,946.
Financials may have had a strong run, but that doesn't mean there isn't still more money to be made investing in banks. In April 2017 S&P Global Market Intelligence, circulated a report to clients titled: Banking on Alpha: Uncovering Investing Signals Using SNL Bank Data.
SHANGHAI, April 25 China stocks rebounded on Tuesday morning following the previous session's sharp sell-off, with a jump in consumer stocks providing fresh evidence of investors rotating out of growth shares into defensive plays. Hong Kong shares also rose, following euphoria in global equities triggered by the market-friendly outcome of the first round of the French presidential election that sharply reduced expectations of a Brexit-like result in the second round of the poll in May. China's blue-chip CSI300 index rose 0.5 percent, to 3,447.10 points by the lunch break, while the Shanghai Composite Index gained 0.4 percent to 3,142.67 points.
TAIPEI, April 25 Taiwan stocks rose on Tuesday, mainly taking cues from overseas markets, but continued their choppy trading as investors await fresh economic data. The main TAIEX index was up 0.6 percent at 9,773.76 as of 0142 GMT, after closing almost flat in the previous session.
Goldman Sachs Group Inc. 's fixed-income revenue was so unexpectedly weak in the first quarter that last week's earnings report left the stock tumbling and Wall Street buzzing over what happened. Part of the answer is now emerging.