Analytics, News, and Forecasts for CFD Markets: stock news — 16-10-2019.

ATTENTION: The content in the news and analytics feed is updated automatically, and reloading the page may slow down the process of new content appearing. We recommend that you keep your news feed open at all times to receive materials quickly.
Filter by currency
16.10.2019
20:11
Major US stock indexes finished trading in the red

Major US stock indices fell slightly, as weak retail sales data, combined with continued fears of a trade war between the US and China, offset the solid quarterly results.

A report from the Ministry of Commerce showed that retail sales fell 0.3% in September as households cut spending on cars, building materials, hobbies, and online shopping. It was the first and biggest fall since February. August data was revised to show that retail sales were up 0.6% instead of 0.4%, as previously reported. Economists had forecast retail sales to rise 0.3% in September. Compared to September last year, retail sales grew by 4.1%.

Weak retail sales data reinforced concerns about the likelihood of a recession. It should be noted, however, that not all data were gloomy. A report prepared by the National Association of Home Builders and Wells Fargo showed that homeowners' confidence rose to their highest level in almost two years. According to the data, the housing market index jumped three points in October to 71 points. This is the highest level since February 2018. The index was expected to remain at 68 points. Recall that in October 2018, the index was 68 points. The value of the indicator above the level of 50 points indicates favorable sales prospects.

On Tuesday, the U.S. House of Representatives passed a bill aimed at protecting the civil rights of Hong Kong residents. China expressed "strong indignation" about the bill and warned that if it is passed, it could harm bilateral relations.

Nevertheless, US President Donald Trump said that the trade agreement with China is now being documented in paper form, and it is likely to be signed after his meeting with Chinese President Xi Jinping in Chile. He also added that China has already begun to purchase US agricultural products.

However, The Wall Street Journal reported that there are questions about how much American agricultural products China will actually buy and for how long. Meanwhile, Bloomberg News said that China wants U.S. tariffs on Chinese goods to be canceled before continuing with purchases.

The Fed’s Beige Book also attracted some market attention, which reported that US companies lowered their expectations for their own prospects for the next 6-12 months, as they continue to face the negative consequences of a slowdown in global economic growth and uncertainty in international trade. Until early October, inclusive, the US economy grew from small to moderate, which is slightly worse than the estimate proposed in the September Beige Book. This report is compiled on the basis of data received from companies in all regions of the country.

Most of the DOW components completed trading in the red (19 of 30). Outsiders were shares of Exxon Mobil Corporation (XOM; -1.65%). The biggest gainers were Johnson & Johnson (JNJ; + 1.77%).

Most S&P sectors recorded an increase. The services sector grew the most (+ 0.4%). The largest decline was shown by the technology sector (-0.6%).

At the time of closing:

Dow 27,001.98  -22.82 -0.08%

S&P 500 2,989.69 -5.99 -0.20%

Nasdaq 100 8,124.18 -24.52 0.30%

19:00
DJIA +0.04% 27,034.51 +9.71 Nasdaq -0.26% 8,127.47 -21.23 S&P -0.11% 2,992.32 -3.36
16:02
European stocks closed: FTSE 100 7,167.95 -43.69 -0.61% DAX 12,670.11 +40.32 +0.32% CAC 40 5,696.90 -5.15 -0.09%
13:35
U.S. Stocks open: Dow -0.18%, Nasdaq -0.39%, S&P -0.24%
13:27
Before the bell: S&P futures -0.21%, NASDAQ futures -0.30%

U.S. stock-index futures fell on Wednesday, amid fresh fears about the protracted trade war between the U.S. and China, which, however, were somewhat offset by strong quarterly results of the U.S. companies. 


Global Stocks:

Index/commodity

Last

Today's Change, points

Today's Change, %

Nikkei

22,472.92

+265.71

+1.20%

Hang Seng

26,664.28

+160.35

+0.61%

Shanghai

2,978.71

-12.33

-0.41%

S&P/ASX

6,736.50

+84.50

+1.27%

FTSE

7,188.51

-23.13

-0.32%

CAC

5,699.51

-2.54

-0.04%

DAX

12,673.94

+44.15

+0.35%

Crude oil

$52.79


-0.04%

Gold

$1,495.00


+0.78%

13:03
Target price changes before the market open

Amazon (AMZN) target raised to $2400 from $2225 at Credit Suisse

12:56
Wall Street. Stocks before the bell

(company / ticker / price / change ($/%) / volume)


3M Co

MMM

162.82

-0.16(-0.10%)

1005

ALCOA INC.

AA

19.33

-0.13(-0.67%)

2930

ALTRIA GROUP INC.

MO

43.39

-0.04(-0.09%)

1905

Amazon.com Inc., NASDAQ

AMZN

1,769.00

1.62(0.09%)

22641

American Express Co

AXP

117.79

0.20(0.17%)

1378

AMERICAN INTERNATIONAL GROUP

AIG

54.35

-0.33(-0.60%)

400

Apple Inc.

AAPL

234.65

-0.67(-0.28%)

105307

AT&T Inc

T

37.88

-0.02(-0.05%)

16991

Boeing Co

BA

370

-0.96(-0.26%)

9513

Caterpillar Inc

CAT

131.5

0.47(0.36%)

5537

Chevron Corp

CVX

116.66

0.35(0.30%)

691

Citigroup Inc., NYSE

C

71.15

-0.07(-0.10%)

9002

Deere & Company, NYSE

DE

172.4

-0.24(-0.14%)

550

Facebook, Inc.

FB

188.51

-0.38(-0.20%)

25299

FedEx Corporation, NYSE

FDX

149.75

-0.21(-0.14%)

1617

Ford Motor Co.

F

9.1

0.03(0.33%)

6036

Freeport-McMoRan Copper & Gold Inc., NYSE

FCX

9.4

-0.12(-1.26%)

2667

General Electric Co

GE

8.83

-0.06(-0.68%)

32717

General Motors Company, NYSE

GM

36.32

0.06(0.17%)

3115

Goldman Sachs

GS

206.15

-0.31(-0.15%)

5058

Google Inc.

GOOG

1,243.12

0.11(0.01%)

2961

Home Depot Inc

HD

235.4

-0.22(-0.09%)

666

Intel Corp

INTC

52.5

-0.15(-0.28%)

4041

International Business Machines Co...

IBM

142.75

-0.25(-0.17%)

7639

Johnson & Johnson

JNJ

134.79

1.95(1.47%)

33148

JPMorgan Chase and Co

JPM

119.81

-0.15(-0.13%)

15376

McDonald's Corp

MCD

207.31

0.09(0.04%)

1020

Microsoft Corp

MSFT

141.28

-0.30(-0.21%)

24823

Pfizer Inc

PFE

36.61

0.11(0.30%)

256

Procter & Gamble Co

PG

117.5

0.30(0.26%)

3755

Starbucks Corporation, NASDAQ

SBUX

86.5

0.05(0.06%)

4323

Tesla Motors, Inc., NASDAQ

TSLA

257.69

-0.20(-0.08%)

32622

The Coca-Cola Co

KO

53.55

0.04(0.07%)

2508

Twitter, Inc., NYSE

TWTR

40.35

0.07(0.17%)

19490

UnitedHealth Group Inc

UNH

238

-0.59(-0.25%)

1735

Verizon Communications Inc

VZ

60.6

0.05(0.08%)

1984

Visa

V

178.6

-0.15(-0.08%)

5762

Wal-Mart Stores Inc

WMT

119.25

-0.28(-0.23%)

625

Walt Disney Co

DIS

129.7

-0.06(-0.05%)

3208

Yandex N.V., NASDAQ

YNDX

30.75

0.23(0.75%)

93561

12:40
Initiations before the market open

AT&T (T) initiated with a Market Perform at Bernstein

Verizon (VZ) initiated with a Market Perform at Bernstein

12:39
Upgrades before the market open

Johnson & Johnson (JNJ) upgraded to Neutral from Underweight at Atlantic Equities

11:08
Company News: Bank of America (BAC) quarterly earnings beat analysts’ estimate

Bank of America (BAC) reported Q3 FY 2019 earnings of $0.75 per share (versus $0.66 in Q3 FY 2018), beating analysts’ consensus estimate of $0.68.

The company’s quarterly revenues amounted to $22.955 bln (+0.3% y/y), generally in line with analysts’ consensus estimate of $22.730 bln.

BACrose to $30.15 (+1.41%) in pre-market trading.

00:30
Stocks. Daily history for Tuesday, October 15, 2019
Index Change, points Closed Change, %
NIKKEI 225 408.34 22207.21 1.87
Hang Seng -17.92 26503.93 -0.07
KOSPI 0.77 2068.17 0.04
ASX 200 9.4 6652 0.14
FTSE 100 -1.81 7211.64 -0.03
DAX 143.23 12629.79 1.15
Dow Jones 237.44 27024.8 0.89
S&P 500 29.53 2995.68 1
NASDAQ Composite 100.06 8148.71 1.24

© 2000-2024. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Bank
transfers
Feedback
Live Chat E-mail
Up
Choose your language / location