Dow's 75-point fall led by losses in Home Depot, Dow Inc. stocks

Shares of Home Depot and Dow Inc. are trading lower Tuesday morning, sending the Dow Jones Industrial Average into negative territory. The Dow DJIA, -0.33% was most recently trading 77 points lower (-0.3%), as shares of Home Depot HD, -5.10% and Dow Inc. DOW, -2.08% are contributing to the blue-chip gauge’s intraday decline. Home Depot’s shares have dropped $13.17 (5.5%) while those of Dow Inc. are down $1.17, or 2.1%, combining for a roughly 97-point drag on the Dow. Also contributing significantly to the decline are Walgreens Boots WBA, -0.22%, Nike NKE, -0.85%, and Intel INTC, -0.26%. A $1 move in any of the index’s 30 components equates to a 6.78-point swing.

Editor’s Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.

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Dow's 75-point fall led by losses in Home Depot, Dow Inc. stocks

Shares of Home Depot and Dow Inc. are trading lower Tuesday morning, sending the Dow Jones Industrial Average into negative territory. The Dow DJIA, -0.44% was most recently trading 77 points lower (-0.3%), as shares of Home Depot HD, -4.86% and Dow Inc. DOW, -2.65% are contributing to the blue-chip gauge’s intraday decline. Home Depot’s shares have dropped $13.17 (5.5%) while those of Dow Inc. are down $1.17, or 2.1%, combining for a roughly 97-point drag on the Dow. Also contributing significantly to the decline are Walgreens Boots WBA, -1.10%, Nike NKE, -1.13%, and Intel INTC, -0.76%. A $1 move in any of the index’s 30 components equates to a 6.78-point swing.

Editor’s Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.

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Stocks wobble as investors pause following latest records

NEW YORK — Stocks wobbled between small gains and losses in early trading on Wall Street Tuesday as investors paused following another record-setting day.

Major indexes have been steadily rising for weeks as a mix of solid economic data and corporate earnings inject confidence into the market.

Worries about a potential recession have faded and investors are now closely watching for any developments in trade talks between the U.S. and China.

Technology stocks again made some of the biggest gains. They have been leading much of the market’s rally over the last month as investors grow more hopeful that the U.S. and China will eventually agree on a trade deal. Broadcom rose 4.3% and Oracle rose 1%.

Health care and financial companies also made gains in the early going. Biogen rose 1.8% and Moody’s rose 1.2%.

Retailers fell broadly following dismal quarterly reports from Home Depot and Kohl’s.

Oil prices fell and pushed energy stocks lower. Marathon Petroleum fell 2.3% and Occidental slipped 2.7%.

KEEPING SCORE: The S&P 500 index fell 0.1% as of 10:09 a.m. Eastern time. The Dow Jones Industrial Average fell 59 points, or 0.2%, to 27,977. The Nasdaq rose less than 0.1%. The Russell 2000 index of smaller company stocks rose 0.1%

The yield on the 10-year Treasury held steady at 1.80%.

European markets moved higher and Asian markets were mixed.

BAD CUT: Home Depot dropped 5.3% after the home improvement company reported weak sales growth for the most recent quarter and cut its forecast for the year. Lowe’s, which will report earnings on Wednesday, fell 1%.

RETAIL ROUT: Kohl’s plunged 17.9% after the department store operator slashed its profit forecast for the year following weak third-quarter earnings.

Investors dumped stocks of other department store operators after the weak outlook from Kohl’s. Macy’s sank 9.7% and

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GOLD will continue uptrend above 1475 with target on 1487

GOLD, Tuesday forecast, November 19
Today no any strong news and market going to be trading technically.

Forecast and technical analysis
Uptrend
The uptrend may be expected to continue in case the market rises above resistance level 1475.3, which will be followed by reaching resistance level 1487.
Downtrend
An downtrend will start as soon, as the pair drops below support level 1469, which will be followed by moving down to support level 1458.

Weekly forecast, November 18 – 22
This week before Wednesday we do not have important news, so this can be the reason for markets correction, where key support gold have on 1457 and resistance 1473.

Most important news of this week
Wednesday: FOMC Meeting Minutes
Friday: EU and US PMIs

Forecast and technical analysis
Uptrend
The uptrend may be expected to continue, while pair is trading above support level 1457, which will be followed by reaching resistance level 1473 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 1487.
Downtrend
Downtrend is not expecting on this week, below 1457 we can reach next support on 1446 after that market will be trading sideways between levels 1446 – 1457.

Monthly forecast, November – December
Downtrend
The downtrend may be expected to continue, while pair is trading below resistance level 1517.8, which will be followed by reaching support level 1487 and if it keeps on moving down below that level, we may expect the pair to reach support level 1459.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 1517.8, which will be followed by moving up to resistance level 1534 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 1556.8.

Anton started to study FOREX market in 2003. Since 2007, started to offer analytical forecasts for the major currency

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U.S. stocks slip from records on earnings and doubts about China trade deal

U.S. stocks slipped back from record highs on Wednesday on disappointing earnings results and doubts about a U.S. – China trade deal

How are the major benchmarks doing?

The Dow Jones Industrial Average DJIA, -0.43%  was down 52 points, or 0.2%, at 27,986 while the S&P 500 index SPX, -0.24%  was off 2 points at 3,121, but the Nasdaq Composite COMP, -0.12%   was up 12 points, or 0.1, at 8,562.

On Monday, the Dow  DJIA, -0.43% closed 31.33 points, 0.1%, higher at 28,036.22, while the S&P 500 index SPX, -0.24% edged up 1.57 points to 3,122.03, a gain of 0.05%. The Nasdaq Composite Index COMP, -0.12% added 9.11 points, or about 0.1%, to end at 8,549.94.

The Dow marked its 12th record close of 2019, the S&P 500 notched its 23rd of the year, while the Nasdaq Composite registered its 17th all-time high in 2019. All three benchmarks booked back-to-back gains on Monday.

Read: With Dow, S&P 500 at records, investors ignore ‘material deterioration’ in global economy

What’s driving the market?

Doubts about substantive progress on a partial trade deal with China ahead of a Dec. 15 deadline for the increase of import tariffs began to undermine bullish sentiment again Tuesday with U.S. economic growth slowing.

The economy is clearly facing several challenges, primarily from overseas, but the three rate cuts since July should help sustain growth, New York Fed President John Williams said on Tuesday. The U.S. economy is facing headwinds from slower global growth, uncertainty from trade and muted inflation pressures, Williams said. As a result of these global factors, “growth is starting to slow in the U.S.,” Williams warned.

Wall Street also was digesting a mixed earnings picture, which featured disappointing sales figures from Dow component Home Depot HD, -4.81%.

Home Depot lowered its fiscal year

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Home Depot earnings the most disappointing for investors since the financial crisis

Shares of Home Depot Inc. HD, -4.86% sank 4.9% in morning trading Tuesday, which puts them on track to suffer the biggest one-day post-earnings decline in over 10 years. Earlier, the home improvement retailer beat fiscal third-quarter profit expectations but missed on total and same-store sales, and lowered its full-year outlook. The last time the stock fell as much on the day after earnings was May 19, 2009, when the stock dropped 5.3% after fiscal first-quarter 2019 results. Since then, the most disappointing earnings report before Tuesday was Q2 2017 results on Aug. 15, 2017, when the stock fell 2.7%. The stock’s $11.60 price decline on Tuesday was shaving about 79 points off the Dow Jones Industrial Average’s DJIA, -0.44% price, which was down 19%. Home Depot’s stock, which closed at a record high on Monday, has rallied 32.3% year to date, while the Dow Jones Industrial Average DJIA, -0.44% has gained 20.1%.

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U.S. stocks open higher despite doubts about China trade deal

U.S. stocks slipped back from record highs on Wednesday on disappointing earnings results and doubts about a U.S. – China trade deal

How are the major benchmarks doing?

The Dow Jones Industrial Average DJIA, -0.44%  was down 52 points, or 0.2%, at 27,986 while the S&P 500 index SPX, -0.24%  was off 2 points at 3,121, but the Nasdaq Composite COMP, -0.12%   was up 12 points, or 0.1, at 8,562.

On Monday, the Dow  DJIA, -0.44% closed 31.33 points, 0.1%, higher at 28,036.22, while the S&P 500 index SPX, -0.24% edged up 1.57 points to 3,122.03, a gain of 0.05%. The Nasdaq Composite Index COMP, -0.12% added 9.11 points, or about 0.1%, to end at 8,549.94.

The Dow marked its 12th record close of 2019, the S&P 500 notched its 23rd of the year, while the Nasdaq Composite registered its 17th all-time high in 2019. All three benchmarks booked back-to-back gains on Monday.

Read: With Dow, S&P 500 at records, investors ignore ‘material deterioration’ in global economy

What’s driving the market?

Doubts about substantive progress on a partial trade deal with China ahead of a Dec. 15 deadline for the increase of import tariffs began to undermine bullish sentiment again Tuesday with U.S. economic growth slowing.

The economy is clearly facing several challenges, primarily from overseas, but the three rate cuts since July should help sustain growth, New York Fed President John Williams said on Tuesday. The U.S. economy is facing headwinds from slower global growth, uncertainty from trade and muted inflation pressures, Williams said. As a result of these global factors, “growth is starting to slow in the U.S.,” Williams warned.

Wall Street also was digesting a mixed earnings picture, which featured disappointing sales figures from Dow component Home Depot HD, -4.76%.

Home Depot lowered its fiscal year

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Stocks – Wall Street Rises on Trade Optimism; Retailers Fall 

© Reuters.

Investing.com – Wall Street rose on Tuesday as investors remained optimistic about trade after Washington extended an exception for U.S. companies that do business with black-listed Chinese firm Huawei.

The was up 20 points or 0.1% by 9:36 AM ET (13:36 GMT), while the inched up 3 points or 0.1% and the surged 24 points or 0.3%.

The temporary reprieve on sanctions helped boost hopes that the 16-month old trade war will be resolved soon, with both sides feeling the fallout from the dispute.

Stocks sensitive to trade rose, with Qualcomm (NASDAQ:) rising 0.7%, Advanced Micro Devices (NASDAQ:) up 1.2% and Caterpillar (NYSE:) gaining 0.6%. Boeing Co (NYSE:) jumped 1.4% on news that it got 50 bids for its grounded 737 Max jet at the Dubai Air show. Air Astana announced it plans to buy 30, while an undisclosed buyer ordered 20.

Retailers tumbled after the morning bell, due to a weak quarter. Home Depot (NYSE:) was down 3.5%, while Kohl’s Corp (NYSE:) slumped 16.6%. Target (NYSE:) and Lowe’s (NYSE:) were also lower, and are due to report their earnings later this week.

The only outlier among retailers was TJX Companies Inc (NYSE:), which rose 1.6% after its and revenue beat forecasts.

In commodities, the , which measures the greenback against a basket of six major currencies, was flat at 97.690 and slipped 0.3% to $1,468.20 a troy ounce. fell 1.9% to $56.03 a barrel.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for

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3 Different Share Sales From the Company and Insiders Weigh on Roku

Roku Inc. (NASDAQ: ROKU) has enjoyed a very successful 2019. Its shares have risen exponentially, the rekindled stock market strength has its shares back near the prior peak, and its 2019 revenues are still projected to be up almost 50% for the year. Some companies want to keep their share surge going endlessly, and sometimes share sales come into the mix.

An automatic shelf registration statement was filed with the Securities and Exchange Commission on Monday after the close for Roku to sell up to 571,459 shares of its common stock. Rather than it being to add to Roku’s capital, the sellers are prior owners of Dataxu, which was acquired by Roku. Another filing was submitted to the SEC for up to a million shares of stock on Tuesday morning. Another set of filings showed some key insider selling as well.

While the first filing represents close to $100 million in shares at the current time, investors should keep in mind that 571,459 shares that can be sold compare to 87,744,469 Class A shares and 30,264,246 Class B shares outstanding as of September 30, 2019.

The good news here is that this particular offering is not a formal secondary offering. That means that there is no assured new pouring out of shares into the market all at once. The filing said:

The selling stockholders may offer and sell or otherwise dispose of the shares of common stock described in this prospectus from time to time through public or private transactions at prevailing market prices, at prices related to prevailing market prices or at privately negotiated prices. The selling stockholders will bear all underwriting fees, commissions and discounts, if any, attributable to the sales of shares and any transfer taxes. We will bear all other costs, expenses and fees

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Wall Street opens at record high as trade optimism persists

© Reuters. A trader works on the floor at the NYSE in New York

(Reuters) – Wall Street’s main stock indexes opened at record highs on Tuesday on continued optimism that the United States and China would put an end to their damaging trade war, despite a slide in retail stocks after dour forecasts from Home Depot (NYSE:) and Kohl’s.

The Dow Jones Industrial Average () rose 43.54 points, or 0.16%, at the open to 28,079.76.

The S&P 500 () opened higher by 5.42 points, or 0.17%, at 3,127.45. The Nasdaq Composite () gained 28.08 points, or 0.33%, to 8,578.02 at the opening bell.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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