August will likely conclude as just the second negative month of 2019, but a month-end rally is set to continue today with U.S. stock futures showing strong gains.
August will likely conclude as just the second negative month of 2019, but a month-end rally is set to continue today as U.S. stock futures showed. The Thursday close for the Dow was the highest since Aug. 8, and the two-day gains for the Dow and S&P 500 are their largest since early June. Both have slashed their August deficits to about 1.9%, and the Dow, S&P 500, and Nasdaq are all set to break a string of four consecutive weekly losses.
Campbell Soup and Big Lots are out within premarket trading, after the cosmetics retailer lower its forward earnings guidance. Ulta's quarterly same-store sales increased less than expected. Earnings also missed estimates. Revenue was essentially in line. And just a reminder that today is still a full market day, ahead of the long weekend. We'll be back in your inbox Tuesday morning after Labor Day with the day's news.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
FBI agents raid home of United Auto Workers union President Gary Jones, Dow Jones reportsThe raid comes as the union and Big Three Detroit automakers are negotiating new contracts for 158,000 UAW workers.
Read more »
Dow rises more than 250 points, energy shares get a boost from oil pricesStocks rose as energy got a lift from oil prices, but the gains were capped with a key part of the U.S. yield curve inverting even further.
Read more »
What to watch today: Dow to soar; China wants to talk trade; and another 2020 Dem drops outU.S. stock futures point to a strong open on Wall Street, after China said it wished to resolve its trade dispute with the U.S. with a 'calm' attitude
Read more »
Dow surges more than 300 points after China hints it won't retaliate for now in trade warAll three major indices had a very strong day. The Dow jumped more than 300 points after China said that it would be opposed to escalating trade tensions. The S&P 500 gained 1.3% while the Nasdaq increased 1.5%.
Read more »
Dorian strengthens to hurricane as it slams Caribbean, may hit Florida as Category 3Powerful wind and rain battered St. John as Dorian passed over the U.S. Virgin Islands, having now strengthened to a Category 1 hurricane with winds up to 80 mph. FULL FORECAST:
Read more »