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China deal paradox: Why Boeing tripped on big new plane order
TheStreet90d agoneutral
China deal paradox: Why Boeing tripped on big new plane order

On a day when the Dow Jones Industrial Average looked like it might make a run at a new all-time high, Boeing was a surprise laggard. Wall Street was expecting a huge order for new planes from the People's Republic of China. Maybe as many as 500 planes, mostly 737 Max airliners. President Trump, ...

Macro Indicators at a Crossroads. Charts of Dow Industrials, Small Caps, 10-Year Yield Tell the Story.
Barrons.com90d agoneutral
Macro Indicators at a Crossroads. Charts of Dow Industrials, Small Caps, 10-Year Yield Tell the Story.

Interest rates, economic growth expectations, inflation trends, and credit conditions often determine which parts of the market lead and which fall behind. Dow Industrials trading near the very round 50,000 level is beginning to resemble a potential double top relative to the February peak. Bearish RSI divergence, marked by lower highs in April and May even as the Dow pushed upward, suggests upside momentum is fading.

C.H. Robinson Stock Is Becoming a Better Bet Despite Its Recent Problems
Barrons.com90d agoneutral
C.H. Robinson Stock Is Becoming a Better Bet Despite Its Recent Problems

Shares of truck broker and third-party logistics provider C.H. Robinson Worldwide have had a rough few weeks, beset by all sorts of problems from artificial intelligence to Amazon.com to the Supreme Court. Recent declines have made shares look more attractive to a couple of Wall Street analysts. The problems started in February when a small company, Algorythm Holdings, said its AI tools could organize shipping better than traditional truck brokers.

Stocks Slide as Record-Setting Run Takes a Breather
Barrons.com90d agoneutral
Stocks Slide as Record-Setting Run Takes a Breather

Stocks tumbled at the open on Friday, pulling back from record levels after meetings between President Trump and China's leader Xi Jinping ended without a clear messaging of what’s to come. The Dow was down 408 points, or 0.8%, while the S&P 500 fell 1.1%, and the Nasdaq was down 1.6%. “We often get more market moving social media posts in the middle of the night than we got as part of this historic meeting,” wrote Peter Tchir, Head of Macro Strategy at Academy Securities.

Dow 50,000
24/7 Wall St.90d agoneutral
Dow 50,000

The first 1,000 points took 76 years. The last 10,000 took 21 months. The Dow Jones Industrial Average needed 76 years to climb its first 1,000 points. It needed 21 months to climb its last 10,000. That contrast, more than anything else, is the story of Dow 50,000. The index closed at 50,115.67 on Friday, ... Dow 50,000