Bulletin
Investor Alert

New York Markets Open in:

Topics

Jones

4:26 a.m. Sept. 20, 2021 - By Tomi Kilgore
Tesla, Nio stocks fall as Li Auto deliveries warning, Evergrande fears weighShares of China-based electric vehicle makers, and of Tesla Inc. , took a hit ahead of Monday's open, amid a one-two punch of Li Auto Inc.'s and worries that could default this week. Shares of Nio Inc. sank 4.0% toward a four-month low, Xpeng Inc. slid 4.4% and Li Auto shed 5.7%. Tesla's stock slumped 2.8%, putting them on track to snap a four-day win streak. Tesla recorded $5.90 billion in revenue from China in the first six months of 2021, or 26.4% of total revenue, after recording $2.30 billion in China revenue, or 19.1% of the total, in the same period in 2020. Earlier, Li Auto cut its third-quarter deliveries guidance to 24,500 from 25,000 to 26,000, as the slower-than-expected recovery in semiconductor supplies hampered results. And worries over a potential Evergrande default sent global equity markets reeling, as the iShares MSCI China ETF dropped 3.3% and futures for the Dow Jones Industrial Average sank 646 points, or 1.9%.
3:36 a.m. Sept. 20, 2021 - By Ciara Linnane
S&P Global says default by China Evergrande could test government's capacity to backstop 'potentially substantial failures'S&P Global Ratings said Monday a default by Chinese property developer China Evergrande Group will neither lead to a tidal wave of defaults nor mere ripples from a pebble in a pond but something between the two. A default is likely with Evergrande's project companies, which are subsidiaries, facing interest payments on bank loans that are due before Sept. 23, said S&P in FAQ-style commentary. "Events could broadly rattle investors' confidence in China's property sector and for speculative-grade markets broadly, possibly diminishing funding access for unrelated names," said S&P Global Ratings credit analyst Matthew Chow. Evergrande's difficulties come at the same time as China Huarong Asset Management Co. Ltd. is in the middle of a recapitalization. That means two of China's biggest bond issuers of offshore debt are testing the capacity of the government to backstop "potentially substantial failures," he said. The company's problems will have ramifications for other developers, suppliers and contractors, and the banks than lend to them, said S&P credit analyst Christopher Yip. Fears of a default sent Dow Jones Industrial Average futures down more than 500 points Monday, and caused the Hang Seng to fall more than 3%.
2:19 a.m. Sept. 20, 2021 - By Tomi Kilgore
All 30 Dow stocks fall as Evergrande default fears spark selloff Shares of all 30 components of the Dow Jones Industrial Average are trading lower in Monday's premarket, led by financials, as part of sparked by concerns over the collateral damage from the potential default by . Among the biggest early decliners, shares of American Express Co. sank 2.9%, Goldman Sachs Group Inc. gave up 2.5% and J.P. Morgan Chase & Co. shed 2.5%. The most active Dow stock was Apple Inc.'s , which slid 1.2%. The best performer was Traveler Companies Inc.'s stock , which slipped just 0.1%. Meanwhile, Dow futures tumbled 540 points, or 1.6%.
10:30 a.m. Sept. 15, 2021 - By Victor Reklaitis
Biden to announce deal with U.K., Australia on sharing defense technology: reportsPresident Joe Biden on Wednesday will announce a new effort with the U.K. and Australia to share advanced defense technologies in a bid to counter China, according to reports from and . The White House said Biden is due to speak at 5 p.m. Eastern on a "national security initiative," and he will be joined virtually by U.K. Prime Minister Boris Johnson and Australian Prime Minister Scott Morrison.
10:07 a.m. Sept. 15, 2021 - By Victor Reklaitis
Biden says he has 'great confidence' in Milley after book's revelationsPresident Joe Biden told reporters Wednesday that he had "great confidence" in Chairman of the Joint Chiefs of Staff Mark Milley, with Biden's comments coming after a new book said Milley took two days after the Jan. 6 attack on the U.S. Capitol to limit then-President Donald Trump from potentially launching nuclear weapons. The book also says that the two nations would not go to war.
6:20 a.m. Sept. 2, 2021 - By Tomi Kilgore
Alibaba stock extends corrective bounce after pledge to spend $15.5 billion for 'common prosperity' amid regulatory scrutinyShares of Alibaba Group Holding Ltd. rose 0.8% in morning trading Thursday, to put them on track for a fourth straight gain, even as the China-based e-commerce giant continued to face regulatory scrutiny. The stock has rallied 9.6% over the past four sessions, and has corrected 10.6% since closing at a 2-year low of $157.96 on Aug. 20. Many on Wall Street view a rise, or fall, of at least 10% to up to 20% from a significant low or high as a correction, while moves of 20% or more are considered new bull or bear markets. Chinese regulators , for using false promotions and making use of unqualified drivers and cars, according to a notice posted on the Ministry of Transportation's social media account, according to a Dow Jones Newswires report. Separately on Thursday, Alibaba vowed to spend RMB100 billion, or about $15.5 billion, by 2025 for the government's "common prosperity" drive, , at a time that regulators were clamping down on technology giants for contributing to social divides. Alibaba's stock has dropped 20.4% over the past three months, while the iShares MSCI China ETF has lost 13.5% and the S&P 500 has gained 7.8%.
2:12 p.m. July 15, 2021 - By Victor Reklaitis
Biden says 'situation in Hong Kong is deteriorating' ahead of warning to companies operating therePresident Joe Biden on Thursday addressed a warning that his administration is expected to issue on Friday to companies about the increasing risks of operating in Hong Kong. "The situation in Hong Kong is deteriorating, and the Chinese government is not keeping its commitment that it made -- how it would deal with Hong Kong," Biden told reporters during a . "So it is more of an advisory as to what may happen in Hong Kong."
1:48 a.m. July 9, 2021 - By Steve Goldstein
China's central bank lowers reserve requirements by a half pointThe People's Bank of China announced Friday it was cutting reserve requirements for its banks to help bolster the world's number-two economy. The PBOC said, effective July 15, that reserve requirements would be lowered by a half point, to a weighted average of 8.9%.
4:58 a.m. July 2, 2021 - By Ciara Linnane
UPDATE: DiDi shares slide 9% premarket on news China's internet regulator to investigate its cybersecurity risksShares of Chinese ride-sharing company Didi Global Inc. fell about 9% in premarket trade Friday, after China's internet regulator said it's investigating the company's cybersecurity risks, Dow Jones Newswires reported. The news comes just days after Didi's initial public offering in New York, the biggest deal in a busy week, in which the stock opened with a nearly 20% pop, but ended just 1% higher than the issue price. No new user registration will be allowed during the review, the Chinese regulator said. Didi said it will fully cooperate and examine its risks. The stock closed Thursday at $16.40, compared with its IPO price of $14. DiDi is one of a handful of Chinese companies being investigated by the government over antitrust concerns.
4:57 a.m. June 1, 2021 - By Tomi Kilgore
Boeing stock rallies to pace the Dow's early gainers, after Cowen turns bullishShaers of Boeing Co. rallied 2.0%, enough to pace the Dow Jones Industrial Average's premarket gainers, after Cowen analyst Cai von Rumohr turned bullish on the aerospace and defense giant, citing improving air traffic and a brighter outlook regarding regulatory oversight. Von Rumohr raised his rating on Boeing to outperform, after being at market perform since January 2020, while boosting her price target to $290 from $240. Von Rumohr said "fast improving air traffic" is bolstering demand for Boeing aircraft, and while lingering oversight from the Federal Aviation Administration and the timing of approval of Boeing's MAX planes in China will limit the upside to 2021 financial results, he believes the outlook for the next three years is brighter. He said Boeing's second-quarter results could "miss" expectations, given the China approval delay, but he doesn't believe it's in the U.S. or China's interest to hold trade hostage, so he doesn't see the situation as a long-term overhang. The stock's implied price gain would add about 32 points to the Dow's price, while Dow futures gained 251 points, or 0.7%.
6:19 a.m. May 13, 2021 - By Tomi Kilgore
Apple stock bounces back above the 200-day moving average, like it did 13 months agoShares of Apple Inc. rallied 2.4% in morning trading Thursday, to bounce back above the 200-day moving average (DMA), one day after closing below the widely watched technical level . The stock was trading recently at $125.72, after closing Wednesday $122.77, while the 200-DMA rose to $123.12 from $122.96. J.P. Morgan analyst Samik Chatterjee reiterated the overweight rating he's had on the stock for at least nearly four years, citing data showing April iPhone sales in China were better than usual seasonal trends, pointing to continued market share gains. The last time Apple's stock spent time below the 200-DMA was during the post-pandemic lows of late-March to early-April last year. At that time, the stock's first close below the 200-DMA was March 16; the stock bounced 4.4% the next day to close back above it, then closed back below it for the next six sessions, and for the next 10 of 13 sessions. The stock has lost 7.1% over the past three months, while the Nasdaq 100 has declined 4.3% and the Dow Jones Industrial Average has gained 8.2%.
10:54 a.m. May 6, 2021 - By Robert Schroeder
Biden team reportedly likely to proceed with Trump's China investment banPresident Joe Biden's administration is likely to keep limits on U.S. investments in certain Chinese companies imposed under former President Donald Trump, according to on Thursday. The report said Biden administration officials are still in preliminary talks about Trump-era investment bans on companies linked to China's military. No decisions have been made, said the report, which cited six people familiar with the matter.
8:26 a.m. April 9, 2021 - By Michael Ashbaugh
Charting a Farewell Focus: 10-year yield asserts the range, Semiconductor sector presses record highs, TNX, SMH, KLAC, ROST, FOUR, ZENThis is the final edition of The Technical Indicator on MarketWatch. As its founder, and continuous editor since 2003, it has been a blast publishing for engaged and knowledgable readers for nearly 18 years.
8:12 a.m. April 8, 2021 - By Michael Ashbaugh
Bullish momentum persists: S&P 500 (slightly) extends April breakout Focus: Communications services sector tags record highs, Apple’s stealth trendline breakout, XLC, AAPL, IBM, ON, NUANU.S. stocks are mixed early Thursday, vacillating ahead of scheduled remarks from the Federal Reserve Chairman. Against this backdrop, the S&P 500 has tagged its latest record high, though narrowly, while the Nasdaq Composite has extended an already-aggressive trendline breakout.
7:58 a.m. April 7, 2021 - By Michael Ashbaugh
Bull trend confirmed: S&P 500 tags technical target (4,085) Focus: Europe digests break to 12-year highs, IEV, ASML, ADI, EMR, YUMU.S. stocks are mixed early Wednesday, vacillating ahead of the release of the Federal Reserve’s meeting minutes, due out this afternoon. Against this backdrop, the S&P 500 and Dow industrials are digesting decisive breaks to record territory, while the Nasdaq Composite has sustained an aggressive trendline breakout.
8:55 a.m. April 6, 2021 - By Michael Ashbaugh
Charting a bullish technical tilt, S&P 500 extends break atop 4,000 mark Focus: Consumer staples sustain break to record territory, XLP, VMW, ADSK, LUV, DLTRTechnically speaking, the major U.S. benchmarks have taken flight to start April, rising amid statistically unusual bullish momentum, writes Michael Ashbaugh.
8:33 a.m. April 6, 2021 - By Michael Ashbaugh
Charting a bullish technical tilt, S&P 500 extends break atop 4,000 mark Focus: Consumer staples sustain break to record territory, XLP, VMW, ADSK, LUV, DLTR Technically speaking, the major U.S. benchmarks have taken flight to start April, rising amid statistically unusual bullish momentum. In the process, the S&P 500 and Dow Jones Industrial Average have knifed to record highs, while the Nasdaq Composite has staged a potentially consequential trendline breakout.
8:13 a.m. April 5, 2021 - By Michael Ashbaugh
Charting bullish follow-through, S&P 500 knifes atop 4,000 mark Focus: 2021 currency trends persist, U.S. dollar retests 200-day average, Alphabet tags record high, UUP, FXE, GOOGL, QRVO, SEDG, HESU.S. stocks are firmly higher early Monday, rising after a strong batch of economic data. Against this backdrop, the S&P 500 has extended an April break atop the marquee 4,000 mark, while the Nasdaq Composite has reclaimed a key trendline, rising to place distance atop its 50-day moving average.
8:02 a.m. April 1, 2021 - By Michael Ashbaugh
Charting a bullish Q2 start, S&P 500 tags the 4,000 mark Focus: Semiconductor sector reclaims key resistance, SMH, LRCX, NTAP, MSI, NOVAU.S. stocks are firmly higher early Thursday, rising amid a largely bullish April start. Against this backdrop, the S&P 500 has ventured atop the 4,000 mark for the first time on record, as the Nasdaq Composite vies to simply reclaim its 50-day moving average, currently 13,427.
8:03 a.m. March 31, 2021 - By Michael Ashbaugh
Charting a stealth breakout attempt, S&P 500 tags fractional record high Focus: 10-year yield asserts higher plateau, FedEx extends earnings-fueled breakout, TNX, FDX, X, APD, VCELU.S. stocks are higher early Wednesday, rising as a largely-bullish first quarter concludes. Against this backdrop, the S&P 500 has tagged a fractional record high early Wednesday amid a stealth late-March breakout attempt that remains underway.
8:43 a.m. March 30, 2021 - By Michael Ashbaugh
Charting the S&P 500’s approach of the 4,000 mark Focus: Basic materials stage bull-flag breakout, Boeing digests rally to 52-week highs, XLB, BA, TGT, FFIV, TXTechnically speaking, the S&P 500 has sustained a reversal from major support, rising to challenge record highs, and within striking distance of the marquee 4,000 mark, writes Michael Ashbaugh.
8:30 a.m. March 30, 2021 - By Victor Reklaitis
Biden rolls out additional responses to anti-Asian violencePresident Joe Biden is making additional moves to respond to this month's and other recent anti-Asian violence, the White House said Tuesday in a statement. The moves include expanding the mandate for a White House Initiative on Asian Americans and Pacific Islanders in order to combat anti-Asian bias and violence, as well as boosting funding for AAPI survivors of domestic violence and sexual assault, with the Department of Health and Human Services allocating $49.5 million from the American Rescue Plan to a new grant program. In addition, the moves include establishing a new COVID-19 Equity Task Force committee and setting up a Department of Justice initiative to address anti-Asian violence.
8:15 a.m. March 30, 2021 - By Michael Ashbaugh
Charting the S&P 500’s approach of the 4,000 mark Focus: Basic materials stage bull-flag breakout, Boeing digests rally to 52-week highs, XLB, BA, TGT, FFIV, TXTechnically speaking, the U.S. benchmarks’ bigger-picture backdrop remains bullish, on balance, though the prevailing market technicals are not one-size-fits-all. Amid the cross currents, the S&P 500 has sustained a bullish reversal from major support, rising to challenge record highs, and within striking distance of the marquee 4,000 mark.
8:26 a.m. March 29, 2021 - By Michael Ashbaugh
Charting market cross currents: S&P 500 pulls in from record close Focus: Consumer staples and real estate sectors break out, XLP, IYR, TXN, NXPI, KOU.S. stocks are lower early Monday, pressured partly amid concerns that a hedge fund’s forced liquidation may have adverse ripple effects. Against this backdrop, the S&P 500 and Dow industrials have pulled in from their latest record close, even as the Nasdaq Composite vies to simply maintain major support matching the 2020 peak (12,973).
8:30 a.m. March 26, 2021 - By Michael Ashbaugh
Charting a bullish reversal, S&P 500 extends rally from 50-day average Focus: Crude oil weathers key technical test, Dow 30 component Home Depot takes flight, USO, HD, AMAT, FNKO, RACEU.S. stocks are higher early Friday, rising after a market-friendly batch of economic data. Against this backdrop, the S&P 500 has extended a rally from its 50-day moving average, while the Nasdaq Composite seems to have narrowly survived a retest of key support matching the 2020 peak.
8:19 a.m. March 25, 2021 - By Michael Ashbaugh
S&P 500 whipsaws at 50-day average, Nasdaq ventures under key support Focus: March currency cross currents persist, Consumer staples break out amid weakness elsewhere, UUP, FXE, XLP, PG, CSCO, STLD U.S. stocks are lower early Thursday — though well off the session’s worst levels — pressured amid a persistently jagged late-month downturn. Against this backdrop, the S&P 500 has whipsawed at its 50-day moving average, currently 3,870, while the Nasdaq Composite has ventured under important support matching the 2020 peak (12,973).
10:17 a.m. March 24, 2021 - By Michael Ashbaugh
Market rotation persists, S&P 500 capped by the breakdown point Focus: Small- and mid-caps extend March downturn, Nasdaq capped by 50-day averageU.S. stocks are mixed Wednesday, vacillating as Treasury yields continue to stabilize in the wake of largely uneventful Federal Reserve policy remarks. Against this backdrop, the S&P 500 remains capped by its breakdown point (3,950) amid still largely range-bound price action as market rotation persists.
8:27 a.m. March 23, 2021 - By Michael Ashbaugh
Bull trend intact: S&P 500 retests the breakdown point Focus: Home construction ETF rattles cage on a breakout, Intel ‘s backdrop strengthens amid March volatility, ITB, INTC, DISH, LEN JBLTechnically speaking, the U.S. benchmarks’ bigger-picture backdrop remains bullish, though amid persistently uneven March price action, writes Michael Ashbaugh.
8:02 a.m. March 23, 2021 - By Michael Ashbaugh
Bull trend intact: S&P 500 retests the breakdown point Focus: Home construction ETF rattles cage on a breakout, Intel ‘s backdrop strengthens amid March volatility, ITB, INTC, DISH, LEN JBLTechnically speaking, the U.S. benchmarks’ bigger-picture backdrop remains bullish, on balance, though amid persistently uneven March price action.
7:40 a.m. March 22, 2021 - By Michael Ashbaugh
Charting a jagged technical test, S&P 500 maintains support (3,915) Focus: Regional banks digest break to record territory, KRE, UNH, M, DDS, DKNGU.S. stocks are higher early Monday, rising at least partly amid easing Treasury yields. Against this backdrop, the S&P 500 has weathered a jagged retest of next support (3,915) to punctuate a mid-March downturn that has thus far inflicted limited true damage.
7:37 a.m. March 22, 2021 - By Greg Robb
U.S. Treasury sanctions two Chinese officials over human-rights abuses in Xinjiang regionThe United States Treasury announced sanctions Monday against two top Chinese government officials for their roles in connection to "serious human rights abuses against ethnic minorities" in the Xinjiang region of China. The sanctions were placed on Wang Junzheng, the secretary of the party committee of the Xinjiang Production and Construction Corps, and Chen Mingguo, director of the Xinjiang Public Security Bureau. "Chinese authorities will continue to face consequences as long as atrocities occur in Xinjiang," said Andrea Gacki, director of Treasury's Office of Foreign Assets Control. The order freezes any assets held by the targets in the U.S. and also prohibits Americans from doing business with them. The U.S. actions complement actions taken by the European Union, the U.K., and Canada in response to the crackdown by the Chinese government on predominantly Muslim minority groups including the Uighur population.
8:20 a.m. March 19, 2021 - By Michael Ashbaugh
Charting another bull-trend pullback, S&P 500 tags familiar support Focus: Basic materials assert bull flag, XLB, WHR, FTNT, USB, FOURU.S. stocks are mixed early Friday, vacillating in the wake of this week’s Federal Reserve policy actions. Against this backdrop, the bigger-picture backdrop remains bullish, on balance, though the prevailing market technicals are not one-size-fits-all.
8:18 a.m. March 18, 2021 - By Michael Ashbaugh
Charting market rotation: Dow industrials take flight amid surging Treasury yields Focus: 10-year yield continues to take flight, TNX, NDAQ, DHI, XPO, VNOMU.S. stocks are mixed early Thursday, vacillating as market rotation persists after the Federal Reserve’s Wednesday policy statement. Against this backdrop, the Dow Jones Industrial Average has extended a break atop the 33,000 mark, as the Nasdaq Composite vies to simply maintain a posture atop its 50-day moving average.
7:54 a.m. March 17, 2021 - By Michael Ashbaugh
Charting a bull-trend pullback: S&P 500 digests breakout ahead of Fed Focus: Metals & mining sector sustains break to six-year highs, Facebook’s stealth trendline breakout, XME, FB, SIMO, SBUX, ANU.S. stocks are mixed early Wednesday, vacillating ahead of the Federal Reserve’s policy statement, due out this afternoon.
8:53 a.m. March 16, 2021 - By Michael Ashbaugh
Charting rotational breakouts, S&P 500 rallies to record highs Focus: Transports digest March breakout, McDonald’s stages trendline breakout, IYT, MCD, VIRT, CROX, SAVETechnically speaking, the S&P 500 and Dow industrials have staged tandem breakouts — tagging all-time highs — though amid March price action that remains uneven, writes Michael Ashbaugh.
8:28 a.m. March 16, 2021 - By Michael Ashbaugh
Charting rotational breakouts, S&P 500 rallies to record highs Focus: Transports digest March breakout, McDonald’s stages trendline breakout, IYT, MCD, VIRT, CROX, SAVEBroadly speaking, the major U.S. benchmarks are acting well technically, though the March price action remains uneven. Amid the cross currents, the S&P 500 and Dow industrials have staged tandem breakouts — tagging all-time highs — while the Nasdaq Composite has sustained a break to firmer technical ground, though it remains far from record territory.
8:15 a.m. March 15, 2021 - By Michael Ashbaugh
Charting a slow-motion breakout attempt, S&P 500 nails the range top Focus: Retail sector tags record close, General Motors reaches uncharted territory, XRT, GM, LKQ, ANTM, JWNU.S. stocks are mixed early Monday, vacillating ahead of the Federal Reserve’s mid-week policy meeting. Against this backdrop, the Dow Jones Industrial Average is digesting an aggressive break to record territory, while the S&P 500’s slow-motion breakout attempt remains underway.
8:32 a.m. March 12, 2021 - By Michael Ashbaugh
Bull case strengthens amid statistically unusual technical events Focus: Currency cross currents surface amid March volatility, FXE, UUP, WBA, IP, APA, VLOU.S. stocks are mixed early Friday, vacillating as Treasury yields vie to extend a strong March start. Against this backdrop, the Dow Jones Industrial Average has taken flight — rising amid a two standard deviation technical breakout — while the S&P 500 continues to challenge major resistance.
8:11 a.m. March 11, 2021 - By Michael Ashbaugh
Charting a stealth breakout attempt: S&P 500 rattles cage on record highs Focus: Europe tags three-year highs amid ECB actions, Boeing’s recovery attempt morphs to key breakout, IEV, BA, MMM, CME, WLKU.S. stocks are firmly higher early Thursday, rising after strong weekly jobs data and amid largely easing sovereign bond yields following the ECB’s policy statement. Against this backdrop, the Dow Jones Industrial Average has extended a break to all-time highs, while the S&P 500 has tagged a nominal record high early Thursday.
8:19 a.m. March 10, 2021 - By Michael Ashbaugh
Charting bullish follow-through: Nasdaq reclaims the breakdown point Focus: Homebuilders challenge record highs, XHB, LUV, CENX, PKG, MXU.S. stocks are higher early Wednesday, rising after a relatively tame reading on consumer price inflation eased concerns regarding a potentially overheating economy. Against this backdrop, the Dow Jones Industrial Average has tagged its latest all-time high, while perhaps more importantly (from a technical standpoint), the Nasdaq Composite has extended a rally atop key resistance.
Browse topics:

Filter results by

Industry

Financial Services (1211)

Banks (304)

Software (291)

Manufacturing (223)

Internet (220)

Internet Hardware (220)

Location

Us (2080)

Asia Pacific (356)

Europe (321)

Eu (301)

China (175)

Japan (133)

Issue

Markets/exchanges (813)

General (502)

Commodities (430)

Economy (237)

Personal Finance (166)

Opinion (161)

Link to MarketWatch's Slice.