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This could the beaten-down dollar’s route to a rebound, Morgan Stanley says

Many a currency strategist is bracing for a prolonged weak U.S. dollar due to upbeat global growth and monetary policy normalization elsewhere. Still, the greenback might have one more trick up its sleeve according to Morgan Stanley analysts: trade.

5 min ago
Dow sets fresh intraday record above 26,000

The Dow Jones Industrial Average surges to trade in record territory and above the 26,000 level for the first time while other benchmarks set all-time highs as quarterly earnings reports and economic data continue to fuel optimism on Wall Street

16 min ago
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Bets on falling volatility now ‘most crowded trade’: fund managers

Bets on a continued fall in volatility are now the “most crowded” trade, say global fund managers surveyed by Bank of America Merrill Lynch

18 min ago
Dow tops 26,000 as U.S. stocks open at records

U.S. stocks opened sharply higher on Tuesday, with major indexes hitting their latest in a string of records and the Dow breaking through its latest 1,000-point milestone. The Dow Jones Industrial Average rose 215 points, or 0.9%, to 26,025. The S&P 500 added 15 points, or 0.5%, to 2,801. The Nasdaq Composite Index added 52 points, or 0.7%, to 7,312. Corporate earnings were a main driver of trading, both UnitedHealth Group Inc. and banking heavyweight Citigroup Inc. were among the stocks that reported. Shares of UnitedHealth rose 2.7% while Citigroup gained 1.4%. Separately, General Electric Co. fell 2% after the conglomerate said a review of GE Capital's insurance portfolio would result in a $6.2 billion after-tax charge in the fourth quarter.

51 min ago
Apple’s stock just broke out from a 2-month hibernation

A telling Apple chart, plus our call of the day, which says now’s a good time to pick up cheap commodities. And bitcoin is having a really bad start to the holiday-shortened week.

52 min ago
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More markets news

[AVXS] AveXis shares drop 6% on company's plans to offer up to $400 mln shares in public offering
28 min ago
[SPX] Dow industrials up 210 points at 26,013
52 min ago
[SPX] Nasdaq up 0.7% at 7,310.93
53 min ago
[SPX] S&P 500 up 0.4% at 2,798.71
53 min ago
[SPX] Dow trades above 26,000 for first time as stocks open higher
53 min ago
[LBCC] Long Blockchain's stock resumes trade, soars 11% premarket after merger plans
57 min ago
[QCOM] Qualcomm upgraded to buy from neutral at Instinet
59 min ago
[AMZN] Amazon price target raised to Street-high $1,600 at BMO Capital Markets
9:21 a.m. Today
[FOXA] 21st Century Fox upgraded to buy from neutral at B. Riley FBR
9:13 a.m. Today
[LBCC] Long Blockchain enters 'letter of intent' for all-stock transaction with Stater Blockchain
8:51 a.m. Today

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