The Fresh Market, Inc. (TFM) stock prices updated...
 

The Fresh Market, Inc. stock price

The Fresh Market, Inc. latest news:


  • 09/18/2017 09:17:40

    Boeing record rally adds more than 80 points to Dow industrials so far in September

    Shares of Boeing Co. were rallying Monday, helping to deliver a daily and monthly boost to the Dow Jones Industrial Average. The industrials giant has been among the best performers among the Dow's 30 components. On Monday, Boeing's shares were up $2.65, or 1%, adding about 18 points to the price-weighted average. In September, so far, the company has gained more than $12 to the benchmark, translating to an 80-point rise as the Dow carves out a fresh all-time high. Boeing also is trading at its own record, logging a fresh intraday high at $253.67 in early Monday trade. Boeing also has been the best advancer for the Dow so far this year, up 61.5%. Overall, the Dow is up 13.1%, the S&P 500 index has climbed 12% year to date, while the Nasdaq Composite Index has advanced more than 20% thus far in 2017. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 09/15/2017 13:39:32

    3M, Boeing, Apple stocks deliver a 50-point boost to Dow industrials record climb

    The Dow Jones Industrial Average was climbing on Friday, looking to cap a sharply weekly gain, with shares of Boeing Co., and 3M Co., doing the heaviest lifting for the benchmark. Shares of Boeing were up 1.8%, or $4.52, adding about 30 points to the price-weighted Dow , while 3M Co. , was up 0.9%, or $1.84, adding about 12 points to the average, while shares of Apple Inc., up $1.72, or 1.1%, were adding about the same amount. A $1 move in any one of the Dow's 30 components equates to a 6.89-point swing in the equity gauge. The Dow's move puts it on track to carve out a fresh all-time high, most recently at 22,260, up 0.3%. That would mark its 39th record close of 2017 and its 6th straight positive session. Overall, the market was showing modest gains, but sufficient to put the other major benchmarks in record territory. The S&P 500 index was up 0.1% at 2,497, while the Nasdaq Composite Index , up 0.3% at 6,446. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 09/12/2017 14:16:29

    Shares of McDonald's log worst daily drop in a year, exact 35-point toll on Dow industrials

    The Dow Jones Industrial Average on Tuesday notched a fresh all-time high, despite a drag produced by McDonald's Corp. The fast-food behemoth cut more than 35 points from the price-weighted Dow , with its stock down $5.20, or 3.2%--marking its worst performance among the benchmark's 30 components. A decline at this level would represent the worst one-day tumble for the company since July 26, 2016, according to FactSet data. A $1 move in any one of the Dow components equates to a 6.89-point swing in the equity average. Despite the headwind, the Dow finished at a record , with shares of Goldman Sachs Group Inc. helped to offset McDonald's share drop . Goldman's shares closed up $4.89, or 2.2%. The reason for shares of McD's retreat were being attributed to a bearish note from research firm M Science. All three benchmarks, including the S&P 500 index and the Nasdaq Composite Index finished at records, with the Dow ending up more than 60 points, or 0.3%, 21,118.86. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 09/12/2017 09:39:49

    Shares of McDonald's head for worst daily drop in a year, exact 40-point toll on Dow industrials

    The Dow Jones Industrial Average was powering higher in early trade, despite a drag produced by McDonald's Corp. The fast-food behemoth was cutting almost 40 points from the price-weighted Dow in morning trade, with its stock down $5.52, or 3.4%--putting it on track for the worst performance among the benchmark's 30 components. A decline at this level would represent the worst one-day tumble for the company since July 26, 2016, according to FactSet data. A $1 move in any one of the Dow components equates to a 6.89-point swing in the equity average. Despite the headwind, the Dow was trading near a closing peak, with shares of Goldman Sachs Group Inc. helping to offset McDonald's share drop . Goldman's shares were up $5.53, or 2.5%. The reason for shares of McD's retreat were being attributed to a bearish note from research firm M Science. Other benchmarks, were trading in positive territory, with the S&P 500 index setting a fresh intraday all-time high at the open and the Nasdaq Composite Index trying to climb near its own record level. The Dow, meanwhile, was up 63 points, or 0.3%, at 21,120, off its best levels of the session but still in record territory. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 09/12/2017 08:56:04

    Shares of McDonald's head for worst daily drop in a year, exact 35-point toll on Dow industrials

    The Dow Jones Industrial Average was powering higher in early trade, despite a drag produced by McDonald's Corp. The fast-food behemoth was cutting approximately 35 points from the price-weighted Dow in morning trade, with its stock down $5.15, or 3.2%--putting it on track for the worst performance among the benchmark's 30 components. A decline at this level would represent the worst one-day tumble for the company since July 26, 2016, according to FactSet data. A $1 move in any one of the Dow components equates to a 6.89-point swing in the equity average. Despite the headwind, the Dow was trading near a closing peak, with shares of Goldman Sachs Group Inc. more than offsetting McDonald's drop. The reason for shares of McD's retreat were being attributed to a bearish note from research firm M Science. Other benchmarks, were in trading in positive territory, with the S&P 500 index setting a fresh intraday all-time high at the open and the Nasdaq Composite Index trying to climb to near its own record level. The Dow, meanwhile, was up 34 points, or 0.2%, at 21,091, off its best levels of the session. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 09/11/2017 14:58:49

    Dow industrials rally 260 points, retake 22,000 level, as worries over Hurricane Irma, North Korea abate

    U.S. stock-index benchmarks closed sharply higher on Monday, as Hurricane Irma hit Florida with less force than expected and North Korea failed to conduct another nuclear missile test over the weekend, helping to lure investors into buying assets perceived as risky like equities. The Dow Jones Industrial Average closed about 259.58 points, or 1.2%, higher at 22,057.37, while the S&P 500 index climbed 1.1% at 2,488.11, marking a fresh record for the broad-market gauge. The Nasdaq Composite Index rallied 1.1% at 6,432.26, and ended within range of its all-time closing high. A re-emergence of risky assets also helped to drive up yields in Treasury bonds, with the 10-year Treasury note hitting 2.13% Monday afternoon, compared with 2.05% late Friday. Bond prices and yields move inversely. Gold futures also sold off. In corporate news, investors awaited the debut of Apple Inc.'s new iPhone 8 on Tuesday. Elsewhere, shares of Teva Pharmaceutical Industries Ltd. finished 17% higher, after the Israeli drug company on Monday named Lundbeck's Kare Schultz as its new chief executive. Wall Street marked the anniversary of 9/11. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 09/11/2017 14:07:38

    S&P 500 logs 31st closing record of 2017 as stock market bounces in 'relief rally'

    U.S. stocks on Monday kicked off the first full week of trading in September with a bang, underlined by the S&P 500 ending at a record, as a raft of meteorological and geopolitical jitters gave way to a re-emergence of appetite for assets perceived as risky. The S&P 500 index closed up 1.1% at 2,488, marking its first record close since Aug. 7, buoyed by gains in the technology and financials sectors. Financials, as gauged by the PowerShares KBW Bank Portfolio and the Financial Select Sector SPDR ETF booked their best daily rises since June 9, according to FactSet data. Bank stocks benefited from a resurgence in benchmark Treasury yields, with the 10-year Treasury note rising to 2.13%, compared with 2.05% late Friday. Higher yields support a banks's business models. The Dow Jones Industrial Average , meanwhile, jumped about 260 points, retaking is perch above 22,000, while the Nasdaq Composite Index closed up 1.1%. The technology sector has often been viewed as a gauge of Wall Street's tolerance for risk, seeing heavy bidding when investors feel bullish on the market. Monday's bounce was attributed to Hurricane Irma hitting Florida with less force than feared and North Korea refraining from conducting another missile test in the Korean Peninsula, factors that last week had helped push stocks and bonds mostly lower. The relatively milder impact of Hurricane Irma helped insurers, bracing for bigger liabilities from the storm, rally, highlighted by a 3.1% advance in the PowerShares KBW Property & Casualty Insurance Portfolio , a popular exchange-traded fund used to invest in the in the sector. Art Cashin, UBS's director of floor operations, on CNBC described Monday trading as a two-pronged "sigh of relief rally." In corporate news, shares of Apple Inc. bounced 1.8% ahead of what is expected to be the debut of a fresh lineup of iPhones and other products from the Cupertino, Calif.-based tech giant. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 09/07/2017 12:51:13

    Disney, Goldman stocks cut nearly 60 points from Dow industrials

    The Dow Jones Industrial Average was trading in negative territory Thursday afternoon, with shares of Walt Disney Co., and Goldman Sachs Group Inc., proving the biggest drags on the benchmark. Shares of Disney were down $5.13, or 5%, by far the worst performer among the Dow's 30 components and slicing more than 35 points from the price-weighted gauge. A $1 swing in any Dow component equates to a move of 6.89 points. The Dow was off 47 points, or 0.2% at 21,759, while the S&P 500 index was down 0.1% at 2,463, and the Nasdaq Composite Index was up about 0.1% at 6,396. During a Bank of America Merrill Lynch's Media, Communications & Entertainment Conference, Disney CEO Bob Iger said the entertainment and media giant will report annual earnings "roughly in line" with what the company generated in fiscal year 2016 at about $5.72, disappointing analysts average, annual estimates for full-year earnings a share of $5.89. Other media stocks also fell on the news, including CBS and 21st Century Fox . Meanwhile, Goldman Sachs Group Inc.'s shares also pressured the Dow as benchmark yields trade near fresh November lows, at 2.06%, for the 10-year Treasury note . That fact and diminished expectations for more rate increases by the Federal Reserve in 2017 weighs on a bank's business model. Combined, Goldman and Disney's stock were dragging the Dow down by about 60 points. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/31/2017 14:32:06

    Tenet Healthcare CEO Fetter to step down in March

    Tenet Healthcare Corp. said late Thursday Chairman and Chief Executive Trevor Fetter will step down from his roles on March 15, 2018, or when a successor is appointed. Independent lead director Ronald A. Rittenmeyer will become executive chairman, effective immediately, and the board has hired Russell Reynolds Associates to conduct a search for a new CEO. Tenet also said it has started to "refresh the composition of its board," with an eye for ensuring that the board "has the best mix of skills and experience to maximize the future value of the company," it said in the statement. Shares of Tenet rose more than 3% in the late session, after ending the regular trading day down 0.2%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/31/2017 12:00:35

    Gold prices resume rise, climb about 4% for the month

    Gold prices finished higher Thursday, ending at a fresh 11-month high and gaining roughly 4% for the month. Investors have been encouraged by the precious metal's ability to climb above the former resistance level of $1,300 an ounce. Weakness in the dollar this month also provided a boost for dollar-denominated gold. December gold added $8.10, or 0.6%, to settle at $1,322.20 an ounce. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/24/2017 12:01:45

    Amazon and Whole Foods will lower prices on organic items like avocados and baby kale on Monday

    Amazon.com Inc.'s acquisition of Whole Foods Market Inc. will close on Monday, August 28, and prices on items including organic avocados, bananas, organic baby kale and organic salmon will come down on that day. The goal, according to a Thursday release from both companies, is to "make organic food more affordable for everyone." The companies will also start to integrate Amazon Prime into Whole Foods' point-of-sale system on Monday. "[W]e will make Amazon Prime the customer rewards program at Whole Foods Market and continuously lower prices as we invent together," said Jeff Wilke, CEO of Amazon worldwide consumer, in a statement. Also in the future, Whole Foods private label products like 365 Everyday Value and Whole Paws will be available through Amazon, AmazonFresh, Prime Pantry and Prime Now. And Amazon lockers will be available at select Whole Foods stores. The companies say they will hire additional staff as new stores open, and Whole Foods will continue to operate beneath that brand. John Mackey will stay on as chief executive and the Whole Foods headquarters will remain in Austin, TX. Amazon shares are up nearly 27% for the year so far, Whole Foods shares are up 36.5% for the period, and the S&P 500 index is up 9.1% for 2017 to date.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/18/2017 10:00:37

    Oil prices turn higher, tap fresh session highs

    Oil turned decidedly higher in Friday trading to touch fresh session highs, with prices looking to recoup some of the week's losses ahead of the expiration on Tuesday of the September futures contracts for West Texas Intermediate oil. September WTI crude rose 54 cents, or 1.2%, to trade at $47.63 a barrel on the New York Mercantile Exchange after trading as low as $46.78. October Brent crude traded at $52.18 a barrel, up $1.15, or 2.3%. WTI was still trading lower for the week, set to lose 2.1%, but Brent turned up about 0.1% for the week.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/16/2017 09:02:13

    Dow needs about 40 points to retake its all-time closing high

    The Dow Jones Industrial Average on Wednesday was trading modestly higher, but the climb was enough to put within a reach a fresh record. The blue-chip gauge was less than 40 points, at its peak level in early trade at 22,081, of surpassing its Aug. 7 record of 22,118.42, according to FactSet data. The Dow's intraday peak of 22,179.11 on Aug. 8, however, may be a tougher mark to surpass. Overall the Dow was up 0.4% at 22,080 in late-morning trade on Wednesday, the S&P 500 index gained 0.3% at 2,472, while the Nasdaq Composite Index was 0.4% higher at 6,356 on the session. Those benchmarks are further away from records because of a divergence between blue-chips and the S&P 500 and Nasdaq, but are still relatively close to retouching their all-time highs. The S&P 500's closing record stands at 2,480.91, hit Aug. 7 and its intraday record is at 2,490.98, reached Aug. 8, while the Nasdaq's last record close was July 26 at 6,422.75 and its intraday marker is 6,460.84, achieved July 27. An abatement of tensions between the U.S. and North Korea has provided some catalyst for stocks to return to testing their upper limits. Meanwhile, Wall Street is looking ahead to a 2 p.m. release of minutes from the Federal Reserve's policy-setting meeting in July, which could influence stocks, bonds, currencies and dollar-priced commodities, with an expectation the central bank will hint the start of an unwind of its $4.5 trillion balance sheet as soon as next month. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/15/2017 14:05:04

    U.S. stocks close mostly flat as investors await next catalyst

    U.S. stocks closed generally flat on Tuesday after two days of gains as investors awaited fresh catalysts before making big bets on equities as tensions between the U.S. and North Korea, which had overshadowed the market recently, took a backseat. The S&P 500 slipped 1 point to close at 2,464 and the Dow Jones Industrial Average edged up 5 points to end at 21,999. The Nasdaq Composite Index fell 8 points, or 0.1%, to close at 6,333.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/15/2017 10:21:29

    Stocks making new low top new highs for 5th-straight session

    Although the S&P 500 pullback appears to have ended three sessions ago, with just a 1.6% decline from the Aug. 7 record close of 2,480.91, the number of stocks that have hit fresh 52-week lows is exceeding the number reaching new highs for the fifth-straight session. That would be the longest streak since November 2016, when the S&P 500's pullback bottomed on Nov. 4 after a 4.8% drop over 2 1/2 months. On Tuesday, new highs outnumbered new lows by a 123-to-65 score on the New York Stock Exchange, and by a 67-to-42 margin on the Nasdaq exchange. Since the 5-day streak started, the S&P 500 has slipped just 0.4%. The index has rallied 1.1% since it closed at a one-month low last Thursday.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/14/2017 15:26:44

    Tepper's Appaloosa dumps Snap Inc., stake, loads up on tech, health care

    David Tepper's hedge fund Appaloosa Management unloaded its position in Snapchat-parent Snap Inc., and disclosed increases in the tech and health-care sectors at the end of the second quarter. As of June 30, Tepper's fund showed that his fund dumped 100,000 shares of of Snap Inc. , which has lost more than a third of its value since it debuted as a public entity in early March. Tepper had been one of a number of prominent investors who had vocally expressed support of the social-messaging company. On Monday, Snap's shares were among the most active, gaining about 6.5% to start the week. Elsewhere, Appaloosa showed new positions in the PowerShares QQQ Trust Series 1 , which mimics the technology laden Nasdaq-100 , purchasing 1.8 million shares of the so-called QQQs, valued at $249 million, representing about 3.7% of his overall portfolio, according to data from research provider Whalewisdom.com. The fund also more than doubled its Apple Inc. position to 625,000 shares worth about $90 million and those of Altaba Inc. , which he boosted to 5.1 million shares valued at $280 million. Appaloosa showed a fresh stake in Alibaba Group Holding Limited , scooping up 3.6 million shares worth $520 million. Tepper's investment vehicle added a new position in exchange-traded IBB , a prominent ETF tracking the biotech sector, and SPDR S&P Biotech ETF , which closely mimics the S&P 500's health-care sector. Tepper's firm bought 235,000 shares of IBB worth about $73 million and 330,000 shares of XBI valued at $34 million, as of the end of June. In other sales, Tepper & Co. unloaded all of its position in Teva Pharmaceutical Industries , Energy Transfer Partners L.P. and Pfizer Inc. among others. Related: Active-managers have a new favorite toolMarket Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/14/2017 15:14:19

    Tepper's Appaloosa dumps Snap Inc. stake, loads up on tech, health care

    David Tepper's hedge fund Appaloosa Management unloaded its position in Snapchat-parent Snap Inc., and disclosed increases in the tech and health-care sectors at the end of the second quarter. As of June 30, Tepper's fund showed that his fund dumped 100,000 shares of of Snap Inc. , which has lost more than a third of its value since it debuted as a public entity in early March. Tepper had been one of a number of prominent investors who had vocally expressed support of the social-messaging company. On Monday, Snap's shares were among the most active, gaining about 6.5% to start the week. Elsewhere, Appaloosa showed new positions in the PowerShares QQQ Trust Series 1 , which mimics the technology laden Nasdaq-100 , purchasing 1.8 million shares of the so-called QQQs, valued at $249 million, representing about 3.7% of his overall portfolio, according to data from research provider Whalewisdom.com. The fund also more than doubled its Apple Inc. position to 625,000 shares worth about $90 million and those of Altaba Inc. , which he boosted to 5.1 million shares valued at $280 million. Appaloosa showed a fresh stake in Alibaba Group Holding Limited , scooping up 3.6 million shares worth $520 million. Tepper's investment vehicle added a new position in exchange-traded IBB , a prominent ETF tracking the biotech sector, and SPDR S&P Biotech ETF , which closely mimics the S&P 500's health-care sector. Tepper's firm bought 235,000 shares of IBB worth about $73 million and 330,000 shares of XBI valued at $34 million, as of the end of June. In other sales, Tepper & Co. unloaded all of its position in Teva Pharmaceutical Industries , Energy Transfer Partners L.P. and Pfizer Inc. among others.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/14/2017 11:54:40

    Nasdaq's broad rally tarnished as new lows exceed new highs

    Although the Nasdaq Composite's 1.3% surge Monday brought the technology friendly index within range of its record high, and more than 25% above its 52-week low, but the number of its components hitting new lows outnumbered those reaching new highs. The number of advancing stocks on the Nasdaq exchange outnumbered decliners by a 2,075-to-672 score, but the number of stocks hitting fresh 52-week highs trailed new lows by a 49-to-45 margin. Meanwhile, the Nasdaq Comp was 1.3% below its July 26 record close of 6,422.75, but 25.6% above its Nov. 4, 2016 52-week closing low of 5,046.37. On the NYSE, advancers led decliners by a score of 2,287 to 615, but new highs topped new lows by just 47 to 46. The Nasdaq Composite has now rallied 17.7% year to date, while the S&P 500 has gained 10.1%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/05/2017 14:27:48

    Nissan workers in Mississippi vote against unionizing under UAW

    Workers at a Nissan Motor Co. assembly plant in Mississippi have voted against forming a union, the Associated Press reported, another blow to a United Auto Workers hoping to organize the foreign-owned auto plants in the American South. Representatives of Nissan and the UAW said late Friday that 2,244 workers, or 62%, voted against the UAW, while 1,307, or 38%, favored unionizing. The union filed seven new charges with the National Labor Relations Board just before polls closed Friday, alleging that Nissan had broken federal labor laws during the campaign, the AP reported. If the labor board rules in favor of the charges, the board could order a fresh election.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/05/2017 13:42:54

    U.N. security council to bring fresh sanctions against North Korea over missiles

    The United Nations Security Council has agreed unanimously on fresh economic sanctions against North Korea over its missile program, several news outlets reported Saturday from the UN. The resolution bans North Korean exports and limits investments in the country. Estimates put North Korea's exports at about $3 billion in goods each year and the sanctions could eliminate $1 billion of that trade, the BBC said. Pyongyang tested two intercontinental ballistic missiles in July. With that test, it claimed to now have the ability to launch a strike against the entire U.S., although international experts questioned that capability. The tests were condemned by South Korea, Japan and the U.S., and prompted the drafting of the new UN sanctions. Earlier this year, China suspended imports of North Korean coal to increase pressure on Pyongyang. However, repeated sanctions had so far failed to deter leader Kim Jong-Un from continuing with his country's missile development.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/28/2017 10:16:38

    Google, Facebook show power of ad duopoly as rivals stumble

    SAN FRANCISCO (Reuters) - Quarterly results from Alphabet Inc and Facebook Inc provided fresh evidence this week that the digital advertising market is effectively a duopoly, a dynamic with deep implications for two of Silicon Valley's titans.

  • 07/25/2017 14:24:52

    S&P 500, Nasdaq notch records, but historic collapse in 3M stock caps Dow's rally

    The S&P 500 and Nasdaq on Tuesday notched fresh all-time highs as Wall digested an array of better-than-expected corporate-results. The Dow Jones Industrial Average closed up 100 points, or 0.5%, but the blue-chip average's advance was limited by a plunge in shares of component 3M Co. , which marked its sharpest-ever drop on a dollar-basis, off $10.61, or down 5.1%, cutting about 70 points from the price-weighted Dow. 3M's share slide came after disappointing earnings. The Post-it Notes-and-Scotch tape maker's stock decline, however, was more than offset by a tandem of firm rallies in McDonald's Corp. and Caterpillar Inc. , which reported second-quarter results that outstripped Street estimates. The S&P 500 index finished at a record at 2,477, up 0.3%, while the Nasdaq Composite Index eked out its own all-time high, ending little changed but in the green at 6,412. A drop in Google-parent Alphabet Inc. , after reporting earnings late-Monday, weighed on the technology-centric index. In other action, crude-oil prices finished the session with its best daily climb in 2017, as Nigeria and Saudia Arabia reaffirmed plans to limit production and cut crude exports, pushing West Texas Intermediate oil on the New York Mercantile Exchange up about 3%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/21/2017 10:36:22

    Oil prices drop toward session lows, but gold trades near the day's highs

    Oil prices dropped to fresh session lows Friday, pressured as tanker-tracker Petro-Logistics said OPEC oil output is poised to climb by 145,000 barrels a day this month, according to a report from Reuters. The news came ahead of a weekly update on the number of active U.S. oil rigs from Baker Hughes. Gold prices, meanwhile, touched new session highs, finding some support as a haven investment following reports that White House Press Secretary Sean Spicer has resigned. September West Texas Intermediate crude fell $1.09, or 2.3%, to $45.83 a barrel, after a low at $45.71. August gold traded at $1,252.70 an ounce, up $7.20, or 0.6%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/20/2017 09:38:07

    Home Depot slashes 46 points from Dow industrials

    The Dow Jones Industrial Average on Thursday was being chopped lower by sharp declines in a duo of components: Home Depot Inc. and Travelers Cos. Inc. . The pair were exacting a 63-point toll on the price-weighted Dow industrials . Home Depot's shares alone were off 4.4%, and cutting 46 points from the blue chips, with shares of Travelers yanking the Dow down by about 17 points. The reasons for Home Depot's decline was unclear, but it comes as embattled Sears Holdings Corp. soared 18% after announcing an agreement to sell its signature Kenmore appliances on Amazon.com Inc. . Wall Street investors may view that agreement as a direct challenge to Home Depot and other brick-and-mortar retailers, which sell similar home-consumer products. Meanwhile, Travelers shares were lower after it reported disappointing second-quarter results. The Dow was trading off 0.3% at 21,587, after notching a record on Wednesday. Overall, the S&P 500 index was trading 0.1% lower at 2,470, after touching a fresh intraday record at the open, while the Nasdaq Composite Index was cooling, trading down by about 0.1% at 6,380, following its own climb to a fresh all-time intraday high in early Thursday trade. All of the main U.S. equity indexes closed at records Wednesday. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/20/2017 08:19:34

    Home Depot slices more than 40 points from Dow industrials

    The Dow Jones Industrial Average on Thursday was being chopped down by sharp declines in a duo of components: Home Depot Inc. and Travelers Cos. Inc. . The pair were exacting a 50-point toll on the price-weighted Dow industrials . Home Depot's shares alone were off 4.1%, and cutting more than 40 points from the blue chips, with shares of Travelers yanking the Dow down by about 15 points. The reasons for Home Depot's decline was unclear, but it comes as embattled Sears Holdings Corp. soared 18% after announcing an agreement to sell its signature Kenmore appliances on Amazon.com Inc. . Wall Street investors may view that agreement as a direct challenge to Home Depot and other brick-and-mortar retailers, which sell similar home-consumer products. Meanwhile, Travelers shares were lower after it reported disappointing second-quarter results. The Dow was trading off 0.1% at 21,611, after notching a record on Wednesday. Overall, the S&P 500 index was trading flat at 2,473, after touching a fresh intraday record at the open, while the Nasdaq Composite Index was cooling, trading little changed at 6,376, following its own climb to a fresh all-time intraday high in early Thursday trade. All of the main U.S. equity indexes closed at records Wednesday. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/18/2017 11:33:57

    Netflix stock rally puts Nasdaq Composite on pace for longest win streak in 2 years

    The Nasdaq Composite Index on Tuesday was on track to book its longest streak of gains in more than two years, highlighting a steady climb for the tech-centric benchmark, and popular trades like Netflix Inc. , as it nears a fresh record. Most recently, the Nasdaq was trading in record territory and on track to mark its longest string of gains, at eight sessions in a row, since the 10-session period ended Feb. 24, 2015, according to the WSJ Market Data Group. The gauge had been wrestling with an extended downturn in technology shares since June 8, when the sector began a monthlong slump amid fears the high-flying group, including names like Facebook Inc. , Amazon.com Inc., Apple Inc. , Netflix, and Alphabet-parent Google Inc. , were rising too far, too fast. However, those companies and the tech benchmark has been recently rebounding from its June lows, with a recent batch of second-quarter earnings from Netflix helping to bolster sentiment in those growth stocks. Overall, the Nasdaq Composite was trading up 0.2% but above its all-time closing high of 6,321.76 set June 8, while the Dow Jones Industrial Average was down about 0.4%, pressured by a slump in shares of Goldman Sachs , while the S&P 500 index also was off 0.1%. The popular tech-focused, exchange-traded Technology Select Sector SPDR ETF also was trending higher and facing its own eight-session streak, as was the PowerShares QQQ Trust Series 1 , which is designed to mimic the performance of the large-cap Nasdaq-100 index .Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/18/2017 09:12:23

    Netflix stock rally puts Nasdaq on pace for longest win streak in 2 years

    The Nasdaq Composite Index on Tuesday was on pace to book its longest streak of gains in more than two years, highlighting a steady climb for the tech-centric benchmark, and popular trades like Netflix, as it nears a fresh record. Most recently, the Nasdaq was bouncing around but if it closes in the green, it will mark its longest string of gains, at eight sessions in a row, since the 10-session period ended Feb. 24, 2015, according to the WSJ Market Data Group. The gauge had been wrestling with an extended downturn in technology shares since June 8, when the sector began a monthlong slump amid fears the high-flying group, including names like Facebook Inc. , Amazon.com Inc., Apple Inc. , Netflix Inc. , and Alphabet-parent Google Inc. , were rising too far, too fast. However, those companies and the tech benchmark has been recently rebounding from its June lows, with a recent batch of second-quarter earnings from Netflix helping to bolster sentiment in those growth stocks. Overall, the Nasdaq Composite was trading flat but has an all-time closing high above 6,321 in sight, while the Dow Jones Industrial Average was down about 0.5%, pressured by a slump in shares of Goldman Sachs and UnitedHealth Group Inc. , while the S&P 500 index also was off 0.2%. The popular tech-focused, exchange-traded Technology Select Sector SPDR ETF also was trending higher and facing its own eight-session streak, as were the PowerShares QQQ Trust Series 1 , which is designed to mimic the performance of the large-cap Nasdaq-100 index .Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/14/2017 15:00:36

    Wall Street's 'fear gauge' logs 3rd lowest close in its history

    One measure of fear on Wall Street posted its third lowest finish ever, according to FactSet data. The CBOE Volatility Index closed down 3.9% at 9.51, which marks the lowest level for the so-called fear gauge since 1993. The indicator, also known as VIX, has only closed lower on two other occasions both in December 1993 at 9.48 and 9.31. The VIX is based on options contracts on the S&P 500 index 30 days in the future. The metric's historical average is 20 and it has continued to mostly slump as stocks have reached repeated records since President Donald Trump's Election Day victory in November, which suggests to market participants that investors are becoming too complacent. Friday's VIX slide came as many major equity benchmarks logged fresh records, including the Dow Jones Industrial Average , the S&P 500, Dow Jones Transportation Average , the small-cap focused Russell 1000 Index and the Russell 2000 Index . The Nasdaq Composite Index , meanwhile, posted its second-highest finish ever, just about 0.1% shy of its all-time closing high. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/14/2017 14:09:40

    U.S. stocks close higher, several indexes end at records, led by tech gains

    U.S. stocks closed higher on Friday, with several indexes posting all-time records, led by large gains in the tech sector. This was despite a mixed batch of second-quarter earnings from three major banks weighing on equities. The Dow Jones Industrial Average was up 0.4%, a record high. The Nasdaq Composite Index was up 0.6%, its second highest reading ever. The S&P 500 was up 0.5%, notching a fresh all-time high since June 19. Technology stocks posted large gains, with Apple up 0.9% and Nvidia Corp up 2.7%. On the other hand, banks were the big losers, with J.P. Morgan slipping 0.8% after reporting a sharp fall in trading revenue. J.P. Morgan Chase & Co. , Citigroup Inc. , and Wells Fargo & Co. all posted results on Friday, with the three nonetheless topping expectations. For the week, the Dow was up 1% while the S&P was up 1.4% and the Nasdaq was up 2.6%. Weak retail sales and inflation numbers also raised the prospect of dovish policy from the Fed, which is bullish for stocks. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/06/2017 06:45:18

    GE's stock drops after J.P. Morgan slashes price target

    Shares of General Electric Co. slumped 1.8% in premarket trade Thursday, after J.P. Morgan slashed its price target, citing an uncertain outlook and a lack of growth potential. Analyst C. Stephen Tusa reiterated his bearish underweight rating on the industrial conglomerate, and cut his stock price target to $22, which is 20% below Wednesday's closing price of $27.35, from $27. The stock traded at $26.85 ahead of the open; the stock hasn't closed below $27 since Oct. 5, 2015. Tusa said the GE narrative "is as open and undefined as it's been in decades," with the new CEO likely to set the course over the second half of the year on a material restructuring that includes setting portfolio priorities, a change in the capital allocation strategy and new long-term growth targets. While a fresh start is expected under John Flannery, who will become CEO on Aug. 1, but "we don't see a quick or easy fix to the current predicament," Tusa wrote in a note to clients. "Unlike other resets where the multiple expands, we don't see the future growth potential as a catalyst here, and are cutting our price target to $22 and remain [underweight]." The stock has dropped 13.5% year to date through Wednesday, while the Dow Jones Industrial Average has gained 8.7%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • More trends:

    The Goodyear Tire & Rubber CompanyGT | The Habit Restaurants, Inc.HABT | The Hackett Group, Inc.HCKT | The Hain Celestial Group, Inc.HAIN | The Herzfeld Caribbean Basin Fund, Inc.CUBA | The Intergroup CorporationINTG | The Joint Corp.JYNT | The KEYW Holding CorporationKEYW | The Kraft Heinz CompanyKHC | The Medicines CompanyMDCO |