• Markets Right Now: US stocks open lower on Wall Street

    6 days ago - By Chron

    NEW YORK - The latest on developments in financial markets :
    9:35 a.m.
    Stocks are opening lower on Wall Street as technology companies, banks and retailers sink.
    TJX Companies, the parent company of T.J. Maxx and Marshalls, slumped 4.5 percent early Tuesday after reporting revenue and earnings that missed analysts' estimates.
    Dick's Sporting Goods reported a solid quarter but was down 5.9 percent after saying its earnings per share could drop as much as 20 percent next year.
    The Standard & Poor's 500 index fell 10 points, or 0.4 percent, to 2,574.
    The Dow Jones industrial average lost 73...
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  • Analyst: Japan Is Incredibly Overbought Right Now

    6 days ago - By ETF Daily News

    The Japanese stock market is extremely overbought at current levels, according to one prominent Wall Street analyst, and a major downturn could be coming soon.
    CNBC has more details on the bearish call from a Miller Tabak analyst:
    The Nikkei on Monday posted its fourth-straight day of losses, following a record string of gains over the last month. A further decline could begin spilling over and impacting domestic markets, said Matt Maley, equity strategist with Miller Tabak. Here's why:
    The index, aside from its overbought condition, has also seen a large run-up in the last two months...
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  • How Vulnerable Is The Stock Market Right Now?

    How Vulnerable Is The Stock Market Right Now?

    6 days ago - By ETF Daily News

    From Invesco : Last week saw the US Senate introduce its version of the tax reform bill, which caused some concern among investors.
    The Senate version of the bill delayed the much-anticipated corporate tax cut until 2019. In addition, because it has some significant differences from the House bill, it raised uncertainty about Congress' ability to pass tax reform this year - or at all. This helped push US stocks lower, which in turn helped to push stocks outside the US lower. Additionally, the VIX rose. While last week saw just a small drop for stocks, this activity called to mind a...
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