Midland Dow finishes 10th in girls swimming state final
Midland Dow junior Ella Roberson led the Chargers to a 10th-place finish Saturday in the Division 2 girls swimming state meet at Oakland University. Birmingham Seaholm won the title with 314.5 points, with Dow taking 10th with 87 points. Saginaw Heritage was 28th with 11 points, all coming from Ella Banning’s eighth-place finish in the 100-yard backstroke in 59.37 seconds. Roberson finished third in the 500 freestyle in 5:02.69 and fourth in the 200 freestyle in 1:52.37. MOREPerennial powers East Grand Rapids, Seaholm, Ann Arbor Pioneer earn girls swim state titlesmlive.com
Midland Dow eyes improved finish in Division 2 girls swimming state meet
Midland Dow will carry the bulk of the Saginaw-area banner in the Michigan high school girls swimming state meet Friday and Saturday. Midland Dow and Saginaw Heritage will compete in the Division 2 girls swim state meet at the Oakland University Aquatic Center. This year, Roberson is seeded fourth in the 200 free and the 500 free, with legs on Dow’s 200 medley relay and 400 freestyle relay teams. Thackery also qualified in the 100 freestyle and is on the 200 freestyle relay with Meya Luft, Alea Casipit and Eryn Murphy. Midland Dow divers Emily Krzciok and Lauren Haines also qualified for the state meet.mlive.com
Mystery kicker boots it through the rain, through the uprights, gives Bay City Western win for ages
MIDLAND, MI – Eli Meylan just put his name in Bay City Western football lore. In the biggest moment of the biggest game of a wondrous season, the Warriors put their fate on the foot of a sophomore, late-season-callup kicker with zero experience. Western (8-2) travels to Traverse City Central (9-1) for next week’s title game. And their current first-string kicker was a new-to-the-team 10th grader who had been standing on the sideline the entire game. But the Western defense kept Dow out of the end zone on back-to-back trips inside the 10-yard line in the fourth quarter and that would loom large.mlive.com
Gameday Saginaw! See MLive Player of the Week, with Week 9 schedule, standings
Midland Dow still has a chance to share the Saginaw Valley League North title, thanks to the play of quarterback Jack Bakus. Dow takes on Midland High in an annual rivalry game Friday. Bakus ran away with the MLive Saginaw Player of the Week honor, collecting 6,011 votes. In a 14-0 win over Bay City Central, Bakus scored all 14 points for the Charges. He ran 19 times for 171 yards, including touchdown runs of 28 and 8 yards.mlive.com
Midland Dow, Nouvel, Chesaning qualify for boys tennis state finals
Midland Dow, Saginaw Nouvel and Chesaning will carry the Saginaw-area tennis banner when the Michigan high school tennis state finals begin Friday. Dow won its 13th consecutive regional title, claiming every flight and finishing with a perfect 24 score in the Division 2 regional at Dow. The team advances to the Division 2 state finals Friday and Saturday at Holland. In Division 4, Saginaw Nouvel won a regional title with 22 points, with Chesaning (19) and Sandusky (18) also qualifying as teams. 4 singles claimed regional titles for Saginaw Nouvel, while Frankenmuth’s Robert Brown won a regional title at No.mlive.com
Saginaw-area high school football rankings heading into Week 7
Saginaw-area high school football rankings heading into Week 7:Saginaw United (0-6): United returns to Arthur Hill for a home game against a strong Bay City Western team that is coming off a 54-8 win over Midland High. Midland High (2-4): Midland has faced one of the toughest schedules in the area, falling in Week 6 to Bay City Western, 54-8. Mount Pleasant (6-0): Mount Pleasant continues to roll, adding a 37-6 win over Bay City Central. The Oilers will try not to get caught looking ahead to a Week 8 showdown with Bay City Western. Freeland (5-1): Freeland rebounded from its loss to Frankenmuth with an impressive 46-14 win over Bay City John Glenn.mlive.com
From reeling to rejoicing, Bay City Western makes improbable recovery to stun Midland
AUBURN, MI – Bay City Western’s epic loss to Midland Dow was the like the grisliest gut-punch. Bay City area scoreboard for Week 6Bay City Western senior running back Joey Wiedyk, 6, breaks a tackle and scores a two-point conversion during a game against Midland on Friday, Oct. 1, 2021 at Western High School in Auburn. But 1:21 into the game, Western owned a 16-0 lead. Bay City Western defense celebrates a sack during a game against Midland on Friday, Oct. 1, 2021 at Western High School in Auburn. With three games left in the regular season, this team already ranks seventh for most points in a season in Western history.mlive.com
Saginaw-area football rankings heading into Week 6 of high school season
The 2021 Michigan high school football season is into the second half of the regular season, with teams still fighting for playoff berths and conference titles. After Week 5, the weekly Saginaw-area rankings are also becoming clearer as teams separate themselves. Division 2-3Mount Pleasant (5-0): Mount Pleasant finished off its Midland swing, beating Midland High, 26-19, a week after knocking off Dow, 33-10. Midland High (2-3): Midland’s challenging schedule continues this week with a game at Bay City Western, which is still angry after falling to Dow. The Huskies head into a conference game at St. Charles, which is coming off back-to-back COVID forfeits.mlive.com
Saginaw-area football power rankings after Week 3
After three weeks, Saginaw-area football teams are jumping into conference matchups and rivalry games, providing a clearer picture of the top teams in the area. Here are the Week 3 Saginaw-area football rankings, with upcoming games:Division 2-3Midland Dow (2-1): Dow put up a fight against a strong Grand Blanc team before suffering its first loss of the season, 27-23. Midland High (1-2): Midland High dropped its first two games of the season, but the Chemics came back to win its first game, beating Flint Carman-Ainsworth, 44-32. The Falcons beat Bridgeport, 60-6, but now travel to face Essexville Garber this week and Frankenmuth next week. The Huskies go on the road again this week against a 2-1 Coleman team that has had two weeks to prepare after a forfeit win last week.mlive.com
Savage Forecast: Here comes the first 10-0 week of the 2021 season
After posting a mediocre 6-3 record predicting Week 1 high school football games in the Flint area, we were slightly better last week. Last week: 7-3Season: 13-7 (.650)Elijah Jackson-Anderson (2) have a 2-0 record this season. With Davison up next week, the Bobcats can’t afford a letdown after the aforementioned victories or get caught looking ahead. Prediction: Bay City Western 40, Powers 28Ortonville Brandon has averaged 59 points in two games this season. Prediction: Fenton 28, Flushing 14Beecher will be trying to avoid an 0-3 start this week, when the Bucs visit Bendle.mlive.com
Saginaw football highlights: Bryson Huckeby pushes Freeland to win over Clare
After a 4-yard TD run by Matt Harton cut the Freeland lead to 8-7, Huckeby capped a drive with a 1-yard run and added the conversion. Clare cut the margin to 16-14 in the third quarter on Harton’s 4-yard TD run. The Cardinals built it to 26-0 with a 38-yard TD run by Wakefield, who followed with the TD pass to Liu. In the fourth, Wakefield ran for a 46-yard TD, with Ryan Dabe capping the scoring with a 5-yard TD run. Sam Bartels tacked on a 1-yard TD run, with Caleb Pinkerton kicking the third of his extra points.mlive.com
10-strikeout gem from future SEC pitcher Gavin Brasosky leads Portage Central to baseball state finals
In the final start of his distinguished high school career, Gavin Brasosky looked every bit of a future Division-I college pitcher, as the Portage Central lefty struck out 10 in the Mustangs’ 5-1 Division 1 state semifinal win over Midland Dow Thursday at McLane Stadium in East Lansing. Portage Central, which entered the contest as the state’s No. Between the big stage at McLane and the gravity of the game, it would have been understandable for Brasosky to feel some jitters heading into his final start at Portage Central, but nerves were never an issue, he said. While Leto was credited with the RBI, DeGroote praised the bottom of his order from making that happen with their execution of small ball. The Chargers graduate eight seniors, including Brenske, Liakos, McCoy, starting pitcher Trent Johnson, second baseman Ryan Erdmann and centerfielder Riley Nelson.mlive.com
Midland Dow baseball team turns regular-season woes into playoff success
Midland Dow heads into its first baseball semifinal since 1991, thanks to a reality check in May. Entering the playoffs, Dow was 22-14, 8-10 in the Saginaw Valley League, good for a fifth-place tie. “We had a turning point in May that gave us a shot in the arm,” Midland Dow coach Rich Juday said. “If you were at those ballgames, you walked out at the end of day feeling pretty good that you saw some really good baseball,” Juday said. They saw Dow High playing a high level of baseball, but they also saw Zeeland West and Hudsonville playing at that same high livel.mlive.com
Grand Rapids area baseball teams eliminated in state tournament
Hudsonville and South Christian advanced to the state quarterfinals Saturday after winning regional championships. But the Eagles and Sailors went no further as the two lone remaining Grand Rapids area baseball teams were both eliminated. Dow will play Portage Central in Thursday’s 9 a.m. state semifinal game in Lansing. DIVISION 2At ColdwaterGrand Rapids Christian and South Christian were eliminated Saturday. At AlmaWest Catholic’s season came to an end in the regional semifinal, losing to Gladwin 7-6.mlive.com
Midland Dow finishes fourth, Frankenmuth 11th in Michigan girls tennis state finals
Midland Dow could not get past the semifinals in the Division 1 girls tennis state championships, settling for fourth place in the team standings. Ann Arbor Pioneer and Bloomfield Hills tied for first with 30 points, while Dow was fourth with 16 points. 3 singles, Laura Leiti lost in the semifinals to Grace Shaya of Bloomfield Hills, with Claire Early reaching the semifinals at No. In the Division 4 finals, Bloomfield Hills Academy of Sacred Heart won the title with 29 points. MOREBloomfield Hills Academy of the Sacred Heart wins Division 4 girls tennis state titleAnn Arbor Pioneer, Bloomfield Hills share Division 1 girls tennis state titlemlive.com
Midland girls lacrosse tops Fenton 19-9 in Division 1 regional semifinal
FENTON, MI – The Midland-Dow co-op girls lacrosse team defeated Fenton-Linden 19-9 Tuesday evening during the Division 1 regional semifinal. Midland’s Emma Murphy and Gabrielle Wilson lead scoring for the Cavaliers with five goals apiece. Head coach Pamela Wilson said that their game plan did not change much from their previous meeting. “If we could go and win regionals being the first Midland team to do it and being senior year, I might cry.” She said laughing. Midland advances to the regional finals to face White Lake Lakeland Friday, June 4 at Fenton High School.mlive.com
Meet the 2021 Michigan Women’s Lacrosse Coaches’ Association All-State Teams
The Michigan Women’s Lacrosse Coaches’ Association has honored the state’s top high school players. Meet the Division 1 and 2 All-State teams below. DIVISION 1 FIRST TEAM ALL-STATEPlayer School Position Sydney Butler Bloomfield Hills Goalie Amanda Granader Brighton Attack Alayna Davis Forest Hills Northern/Eastern Midfield Daniella Washburn Forest Hills Northern/Eastern Defense Sommer-Jo Greiser Forest Hills Northern/Eastern Goalie Abigail Trosin Hartland Midfield Ashley Spangler Lakeland HS / Huron Valley Defense Azaria LeJeune-Woloszyn Livonia United Defense Emma Murphy Midland-Dow Co-Op Midfield Katie Coomes Northville Midfield Lauren DeHaan Portage Midfield Kyla Meyle Portage Defense Katie Rodriguez Rockford Midfield Chloe Dunham Rockford Attack Karsyn Broderick Rockford DefenseDIVISION 1 SECOND TEAM ALL-STATEPlayer School Position Madee McBride Birmingham Defense Amelia McCourt Bloomfield Hills Attack Aubrey Agbay Bloomfield Hills Defense Gabby Mainhardt Brighton Midfield Taylor Weston Cass Tech Midfield Maggie Mesler Forest Hills Northern/Eastern Attack Lexi Slywka Forest Hills Northern/Eastern Attack Annie Knee Forest Hills Northern/Eastern Defense Tayler Sypien Forest Hills Northern/Eastern Defense Tessa Chuba Hartland Attack Jo Cummings Hartland Midfield Kylie Pastor Haslett-Williamston Goalie Annie Galin Portage Goalie Chloe Holmes Rockford AttackDIVISION 1 HONORABLE MENTION ALL-STATEPlayer School Position ordan Doyle Athens Midfield Grace Roberts Bloomfield Hills Midfield Ella Draving Bloomfield Hills Attack Rachel Shepard Bloomfield Hills Midfield Mary Kostus Bloomfield Hills Defense Abigayle Agbay Bloomfield Hills Defense Shannon Myers Brighton Defense Kirsten Browne Brighton Defense Ella Boose Brighton Midfield Abbey Burchfield Brighton Midfield Kaia Malachino Brighton Midfield Sophie Mondro Brighton Attack Morgan Waligora Canton Midfield Jourdan Geter-Adams Cass Tech Attack Lara Kemp Fenton-Linden Midfield Kyla Lynch Fenton-Linden Defense Lillian Graham Grand Blanc Midfield Abby Keane Grosse Pointe South Midfield Ava Gilardone Hartland Midfield Emily Prell Lakeland HS/ Huron Valley United Midfield Grace Wilson Midland-Dow Co-Op Attack Gabrielle Wilson Midland-Dow Co-Op Midfield Mina McCory Northville Attack Charlotte Green Northville Midfield Alaina Smythe Novi Midfield Allyson Smolarek Novi Midfield Brooke Hoag Portage Midfield Calista Richmond Portage Attack Mackenzie Delacher Rockford Attack Abby Soriano Troy Midfield Rachel Lim Troy Midfield Alexis Bruno Utica Eisenhower Attack Gabi Beals Walled Lake United MidfieldDIVISION 2 FIRST TEAM ALL-STATEPlayer School Position Mallory Brophy Cranbrook Kingswood Midfield Lilli Sherman Cranbrook Kingswood Midfield Gwen Woodbury Cranbrook Kingswood Goalie Kendall Belanger Detroit Country Day School Midfield Kerrigan Brown DeWitt Attack Karah Preston DeWitt Defense Lucy Cavanaugh East Grand Rapids Attack Lizzie Lundeen East Grand Rapids Attack Caroline Grin East Grand Rapids Defense Caroline Potteiger East Grand Rapids Goalie Gracie Emerson East Lansing Midfield Payton Larson Holt Defense Jules Margherio Marian Defense Jillian Smith Mercy Midfield Zoe Ziegler Okemos MidfieldDIVISION 2 SECOND TEAM ALL-STATEPlayer School Position Riya Batra Cranbrook Kingswood Attack Ella Thompson Detroit Country Day Midfield Emma Arico Detroit Country Day Midfield Morgan Bethard DeWitt Defense Sophia Floro Divine Child Defense Eleanor Vander Molen East Grand Rapids Midfield Claire Marosi Grand Rapids Catholic Central Midfield Lilian Bouwma Grand Rapids Christian Attack Dallas Mathews Holt Defense Eleanor Washburn Lansing Catholic/Waverly Midfield Coco Chinonis Marian Midfield Cate Zidar Marian Defense Eliana Delusky Marian Goalie Kelli Doyle Mercy Goalie Ella Woodward Okemos Midfield Sarah Hamel Okemos DefenseDIVISION 2 HONORABLE MENTION ALL-STATEmlive.com
West, Mid-Michigan girls lacrosse players to watch in state tournament
The postseason gets underway as early as tonight for some Michigan high school girls lacrosse teams with regional tournament play across the state. Here are the results:Delaney AbbottMidland-Dow Co-opAbbott, a Midland junior, has 46 goals, and she leads the team in ground balls with 45. Dunham will continue her collegiate career at Grand Valley State University next year. Emma MurphyMidland-Dow Co-opMurphy, a Dow junior, set a state record for most points in a game this spring with 17. Grace WilsonMidland-Dow Co-opThe Midland Dow senior had 16 assists in a game this season, which set a state record.mlive.com
Business grows skittish about Trump and GOP after riots
Businesses are rethinking political contributions in the wake of the deadly Capitol siege by President Donald Trumps supporters on Wednesday, Jan. 6, 2021. Citigroup confirmed Sunday, Jan. 10, 2021, that it is pausing all federal political donations for the first three months of the year. Outside conservative groups, including those affiliated with Republican leadership, were the ones who dropped the lion's share of money that helped him oust former Democratic Sen. Claire McCaskill. Leading business groups such as the National Association of Manufacturers, the Business Roundtable and the U.S. Chamber of Commerce all condemned the insurrection. “There was no big public push or pressure to get Marriott and others to announce they would no longer make campaign contributions.
Weak 0.3% US October sales gain spreads some holiday unease
NEW YORK – Retail sales in the U.S. grew a sluggish 0.3% in October, even as retailers offered early holiday discounts online and in stores. Economists had expected sales to rise 0.5%, already a significant tail off from September's gain of 1.6%. Sales rose at home and garden stores, electronics and appliance stores, and online retailers. Nationwide, spending fell to 7.4% below a year ago, JPMorgan said, a drop of about 2.5 percentage points from two weeks earlier. Yet at clothing stores and sporting good shops, sales fell more than 4%.
Stocks post solid gains as technology shares lead rally
Despite the rally, the S&P 500 still posted its fourth straight weekly loss, extending Wall Street's September swoon. The S&P 500 rose 1.6% after flip-flopping between small gains and losses a few times in the early going. The S&P 500 came within striking distance of a 10% drop from its all-time high earlier this week, what Wall Street calls a correction. The S&P 500 rose 51.87 points to 3,298.46. Norwegian Cruise Line notched the biggest gain in the S&P 500, vaulting 13.7%.
Stocks sink at open, triggering another 15-minute halt in trading amid virus concerns
The world’s brightest spot may have been Japan, where the central bank announced more stimulus for the economy, and stocks still lost 2.5%. The spreading coronavirus is causing businesses around the world to shut their doors, which is draining away revenue. The S&P 500 fell more than 8% within the first few minutes of trading, enough to trigger a 15-minute halt to trading. Many investors expect markets to remain volatile until the number of new infections stops accelerating. They’re hopeful that big spending programs from the U.S. government can help carry the economy in the meanwhile.
Trading halted on Wall Street after stocks plunge 7% at open
Worries are rising that the White House and other authorities around the world can’t or won’t do what’s needed to help soon. The S&P 500 dropped about 7% within the first few minutes of Thursday’s trading, steep enough to trigger an automatic halt to trading on the New York Stock Exchange. European stocks tumbled 8%, even after the European Central Bank pledged to buy more bonds and offer more help for the economy. In Thailand and the Philippines, stocks fell so fast that trading was temporarily halted. Treasury yields, which were one of the first markets to sound the alarm on the economic risks of the virus, fell in morning trading.
Complicated chaos: How stock market dip can benefit consumers
DETROIT – The stock market took hits Monday, but there is gain among those losses. Stocks had their worst day since the 2008 shutdown, fueled by coronavirus fears and a fall in oil prices. MORE: Dow drops 7.8% as free-fall in oil, virus fears slam marketsWhile the market is feeling pain, there’s some benefits consumers can expect as a result. Right now, the 30-year fixed rate is 3.15 percent. The 15-year fixed rate is 2.8 percent.
Dow agrees to $77M environmental settlement in Michigan
DETROIT Dow Chemical Co. and government officials have reached an estimated $77 million settlement to compensate for pollution by its plant in Midland, Michigan. The Dow plant released dioxins and other hazardous substances into rivers and their watersheds for decades after opening in 1897. They prompted warnings about touching soil and eating wild game and fish in some areas. Under the deal, Dow will fund fish spawning and habitat improvements; restoration of thousands of acres (hectares) of wetlands and other wildlife living spaces; and creation of public nature areas. The settlement is separate from an ongoing Dow-funded cleanup of dioxin contamination along the Tittabawassee and Saginaw rivers and Lake Hurons Saginaw Bay
Boeing puts drag on stock market rally
A Boeing 737 MAX 8 airliner lifts off for its first flight in Renton, Washington. CHICAGO - US stocks closed higher Monday, but the rally would have been even stronger if it hadn't been for Boeing, whose falling shares held back the Dow. Boeing shares closed down nearly 4%, which translates into a nearly 13 point drag on the Dow. While the troubled company wasn't the only Dow stock in the red, it weighed on the index the most heavily. After those reports surfaced, Boeing stock dragged the Dow lower, and the index closed down more than 250 points.
Dow sinks 200 points as Boeing's stock tanks
Scott Olson/Getty Images(CNN) - The Dow dropped some 200 points Friday, following a sharp drop in Boeing's shares. Boeing shares traded down 3.3%. The Dow dropped nearly 200 points, or 0.7%, while the broader S&P 500 was down 0.6%. The tech-heavy Nasdaq Composite is 1.2% lower. The-CNN-Wire & 2019 Cable News Network, Inc., a Time Warner Company.
Dow pops 250 points on blockbuster earnings
Blockbuster earnings from the likes of JPMorgan Chase and UnitedHealth sent the Dow climbing more than 250 points, or roughly 1%, in afternoon trading. After weeks of trying to decipher the latest developments in the trade war, the start of earnings season has allowed investors to refocus on the fundamentals. The IMF on Tuesday cut its 2019 global growth forecast, calling for the weakest pace since the financial crisis. However, the big banks on the front lines of America's economy reported mostly upbeat results on Tuesday. The Wall Street firm was hurt by slowdowns in M&A and the trouble in the IPO market.
Stock rally picks up steam as trade hopes fly
The Trump-Liu meeting is spurring hopes for at least a partial trade deal between the world's two largest economies. Dow futures are up 1%, or 260 points. Elsewhere in commodity markets, oil prices are sharply higher after an Iranian oil tanker was hit by two missiles in the Middle East. Geopolitical tensions in the oil-rich region are pushing prices higher on Friday. U.S. oil prices are up 1.3% at $54.23 a barrel, while the international benchmark, Brent crude, is up 1.3% at $59.88 a barrel.
Dow set to fall 200 points as trade worries resurface
Eduardo Munoz Alvarez/Getty Images(CNN) - The Dow and broader stock market are set to slide at Tuesday's open as worries about trade tensions between the United States and China are weighing on the market. American and Chinese officials are returning to the negotiating table this week in Washington, but investors are pessimistic about their chances of reaching a deal. Overshadowing the get-together in Washington is a blacklist of 28 Chinese organizations. America has effectively barred those blacklisted companies from importing U.S. technology because of their alleged roles in facilitating human rights abuses in China's Xinjiang region. Futures for the Dow are down 0.7%, implying a nearly 200-point drop at the open.
Dow on track for worst week in 2 months
Drew Angerer/Getty Images(CNN) - The Dow and the S&P 500 were set Friday to record their worst week in nearly two months. US stock futures were lower following the September jobs report, which showed that 136,000 jobs were added to the economy, about in line with what was expected. Dow, S&P 500 and Nasdaq Composite futures were flat. Stocks are on track to finish the week deep in the red; it promises to be the worst week for the Dow and the S&P since the start of August, according to Refinitiv. Data showed the manufacturing sector contracted in September, the second month in a row.
Dow set to keep sliding after a big two-day selloff
Drew Angerer/Getty Images(CNN) - The Dow is set to open lower once again on Thursday following a two-day selloff in which the Dow fell more than 800 points. The Dow and the S&P 500 ended the third quarter modestly higher but have erased those gains in just a couple days. Dow futures are down 40 points, or 0.1%. Thursday's economic data includes a look at America's services sector, with the Institute of Supply Management's non-manufacturing index and the Markit services PMI. So far, manufacturing has been the sector hit hardest by the ongoing trade war with China and slowing global demand.
Dow dives more than 500 points
Worries about the health of the U.S. economy have gripped investors after a worse-than-expected report on America's manufacturing sector threw markets Tuesday. The Dow and the S&P 500 recorded their worst day in more than five weeks in response, and Wednesday isn't shaping up to be any better. The Dow traded down 500 points lower, down 2%. The S&P 500 was also down 1.9%, while the Nasdaq Composite fell 1.75%. Tuesday's report by the Institute of Supply Management showed America's manufacturing sector contracted for a second month in a row in September.
Stocks climb to start fourth quarter
Spencer Platt/Getty Images(CNN) - The Dow and the broader U.S. stock market are set to start the fourth quarter off higher. American and Chinese officials are expected to meet in for the next round of trade talks in the first half of October. Stocks are on track to add to Monday's gains, and futures are pointing at a modestly higher open. Dow futures are up some 85 points, or 0.3%. Both the Dow and the S&P were 1.6% from their all-time closing high at Monday's close.
Rally in US stocks has begun to fizzle out
Spencer Platt/Getty Images(CNN) - The Dow and U.S. stocks, which rallied at the start of 2019, were set to close the third quarter on a flat note. Stocks opened modestly higher on Monday but have been on a downward trend. The major indexes just recorded two down weeks in a row, and the Nasdaq Composite is on track to finish the quarter in the red. Chinese officials are expected in Washington in early October for the next round of trade talks, but investors are wary. For the quarter, Dow rose a modest 1.1%, after rising 2.6% in the prior quarter and 11% in the first three months of 2019.
Dow shrugs off impeachment talks, aims for more gains
Spencer Platt/Getty Images(CNN) - The Dow and the U.S. stock market aimed for their second day of gains on Thursday, as hopes for a trade deal with China continue to carry equities higher. The market shrugged off the drama surrounding the impeachment inquiry into President Donald Trump so far. European markets are up and U.S. stock futures are modestly higher. Dow futures were more than 40 points, or 0.2% higher, while the S&P 500 futures were up 0.1%. Stocks bounced higher after Trump said Wednesday a trade deal with China could happen soon.
Dow set to edge closer to record highs
Andrew Burton/Getty Images(CNN) - The Dow and the broader stock market are set to climb higher Tuesday. Even so, major indexes remain out of reach for their July record closing highs. Dow futures were up more than 90 points, or 0.3%, while those for the S&P 500 and Nasdaq Composite were up 0.4%. The Dow was 1.5% away from its all-time closing high at Monday's close, while the S&P sat 1.1% below its own record, according to Refintiv. The S&P Case-Shiller home price index and the Federal Housing Finance Agency house price index are both due at 9 am ET.
Dow set to fall as investors get nervous about Europe, trade
Spencer Platt/Getty Images(CNN) - The Dow and U.S. stock futures are pointing to a mixed open following weaker-than-expected economic data in Europe and renewed fears about the trade war. The manufacturing PMI showed a worse-than-expected contraction. In Germany, Europe's biggest economy, the manufacturing sector contracted too. Bond prices rose and yields slipped, with the 10-year Treasury yield at 1.697%. Gold prices rose, climbing 0.8% to $1,519 an ounce.
Dow futures hold steady after Fed's interest rate decision
Drew Angerer/Getty Images(CNN) - Dow futures were pointing at a slightly higher open as investors come to grips with the Federal Reserve forecasting no further interest rate cuts this year. At Wednesday's policy meeting, the central bank cut rates by a quarter percentage point, marking their second cut in a row. However, the Fed's dot plot the average expectation of future interest rates doesn't foresee another rate cut this year or in 2020. Market expectations for a rate cut in October are below 50%, but for the December meeting, they are at more than 60%, according to the CME's FedWatch Tool. The oil market pendulum continues to swing: Thursday's oil prices were up again, rising about 2%.
Dow set to fall and oil prices go into reverse
Traders work on the floor of the New York Stock Exchange (NYSE)(CNN) - The Dow and U.S. financial markets calmed down after Monday's oil price surge that sent shock waves around the world. Oil prices came off Monday's highs on Tuesday, with U.S. oil down 1.6% at $61.90 per barrel. But Tuesday's sharp pullback in oil prices made merely a dent in the rally investors witnessed at the start of the week. U.S. oil prices shot up 14.7% Monday, and Brent climbed 14.6%. A rally in energy stocks following the oil price jump wasn't enough to keep stocks from sliding.
Stocks flirt with record highs as US-China tension eases
The S&P 500 was within striking distance of a new all-time high while the Dow is inching closer to a record as well. It's been a stellar week for stocks, thanks to the US and China extending olive branches to one another. Earlier this week, China agreed to exempt shrimp, cancer drugs, pesticides and more than a dozen other products from tariffs. The Dow is up nearly 1.5% so far this week and is on track for its third consecutive weekly gain. The S&P 500 and Nasdaq have each risen more than 1% this week and are also on pace for a third straight weekly win.
Dow heads for 7th day of gains as US delays China tariffs
Spencer Platt/Getty Images(CNN) - The Dow could hit a seventh day of gains in a row Thursday, as stock futures are bouncing higher after the United States said it would delay some tariffs on Chinese imports. Futures are higher across the board. Dow futures are up some 50 points, or 0.2%, and those for the S&P 500 are up 0.2%. If the Dow ends in the green, it will have risen for seven days in a row, its longest winning streak since early May, according to Refinitiv. Earlier Wednesday, China waived import tariffs on some U.S. goods.
Dow could snap its four-day win streak
Traders work at the New York Stock Exchange (NYSE) on in New York City. (CNN) - The Dow and U.S. stocks are set to slide in another sluggish session as investors are awaiting inflation data and the European Central Bank's policy update later in the week. U.S. stock futures are lower across the board, with Dow futures off 30 points or 0.1%. The index would snap a four-day win streak should it end the day in negative territory. Futures for the S&P 500 are down 0.2% and those for the Nasdaq Composite are down 0.4%.
Dow, S&P 500 set to add to winning streak
The broadly positive sentiment from late last week is carrying over into the new week and stock futures are higher across the board. Futures for the Dow and the Nasdaq Composite are up 0.2%, while those for the S&P 500 are up 0.3%. The US economy has been carried by consumers, but recent data shows that the trade war is beginning to weigh on people's minds. The trade war also showed up in Chinese economic data. Beijing reported some worse-than-expected trade trade for August, showing its trade surplus dropping and exports to the United States lower.
Dow edges higher ahead of jobs report
Investors remain cautiously optimistic ahead of the August jobs report. Futures are pointing to a higher market ope: Dow futures areup more 100 points, or 0.4%. Futures for the S&P 500 are up 0.4%, while Nasdaq Composite futures are trading 0.3% higher. Investors will also be focused on wage growth, with an eye on any signals for a rebound in inflation. A hot jobs report with strong wage growth numbers could knock expectations for a cut, and weigh on stocks.
Stocks headed for another day of gains
Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE)(CNN) - The Dow and the broader stock market are on track to log another day of gains on Thursday after U.S. and Chinese officials said they will resume trade talks. The escalating tensions between the world's two largest economies has weighed on markets throughout the summer. But the new talks, on the agenda for early October, are spurring optimism. The bottom line is that stocks need earnings growth to move forward, and you can't get that without progress on U.S.-China trade," Young said. Investors are also gearing up for Friday's U.S. jobs report, which is expected to show some weakness thanks to the summer lull and the trade war.
Dow drops 400 points on new tariffs and global economic troubles
US stocks opened lower across the board, with the Dow sharply down, shedding more than 400 points. US manufacturing has been hurting because of the trade war and a global economic slowdown. China meanwhile filed a complaint against the United States with the World Trade Organization, according to multiple news reports. The United States delayed he implementation of about half of these consumer goods tariffs until December 15, aiming not to disrupt holiday shopping too much. One way or another, American consumers' worries about the trade war are beginning to crop up in economic data and will be a closely watching part of the data going forward.
Dow heads for third day of gains
Eduardo Munoz Alvarez/Getty Images(CNN) - The Dow and the broader stock market are on track for a third day of gains in a row Friday, promising to make it the best week since early June. But the key for the market will be if gains can sticks around next month. On the last trading day in August, stocks are on track to log their second-worst month of the year. Trade tariffs, retaliation, harsh rhetoric and recession warnings flashing from the bond market dominated the market this month. On the back of this, Aug. 5 became the worst day of the year for stocks.
Stocks set to rally on trade hopes
Spencer Platt/Getty Images(CNN) - The Dow and the broader U.S. stock market are set to open sharply higher Thursday, buoyed by hopes that trade tensions between the United States and China could ease. China is also willing to resolve the trade dispute "with a calm attitude," said Gao Feng, spokesperson for China's ministry of commerce Thursday, according to multiple reports. On the economic data front, the second reading of second-quarter U.S. GDP is due at 8:30 am ET. Economic growth is expected to be revised down to 2%, from 2.1% at the first reading last month, according to Refinitiv. Jobless claims and trade data for July are also due at 8:30 am ET.
Dow takes breather after rally over trade
Spencer Platt/Getty Images(CNN) - The Dow is looking to add on from Monday's sharp gains, but a day after optimism over progress in the U.S.-China trade spat pushed stocks higher, the stock market seems quieter. Futures for the Dow are a modest 0.1% higher, while those for the S&P 500 and Nasdaq Composite are up 0.2% and 0.3%, respectively. "Hope triumphed over realism yesterday, and realism is fighting back," today, wrote Marc Chandler, chief market strategist at Bannockburn Global Forex. Stocks rallied in response, retracing some of the losses they had incurred on Friday when the trade spat escalated. With three trading days left in the month of August, the Dow is on pace for a more-than-3.5% drop.
Insiders are selling stock as recession worries mount
Corporate insiders have sold an average of $600 million of stock per day in August, according to TrimTabs Investment Research, which tracks stock market liquidity. August is on track to be the fifth month of the year in which insider selling tops $10 billion. Investors often view insider buying and selling transactions performed by top executives, leading shareholders and directors as a signal of confidence. But Nicholas Colas, co-founder of DataTrek Research, noted insider selling is not always a helpful indicator at a high level. Completed buybacks by S&P 500 companies declined 13% during the second quarter to $165.7 billion, according to S&P Dow Jones Indices.
Dow futures rally on trade optimism
Traders work at the New York Stock Exchange (NYSE) on in New York City. (CNN) - Dow futures bounced higher Monday, reversing course from Friday's selloff after President Donald Trump said China wants to get back to the negotiating table. Futures for the Dow are up 250 points, while those for the S&P 500 and the Nasdaq Composite are up 0.6% and 0.7%, respectively. The trade spat between the world's two largest economies escalated Friday, when China announced new tariffs on $75 billion worth of US imports. Despite the trade war tensions, one economic indicator showed the U.S. economy remains resilient: Durable goods orders for July climbed 2.1% on the month, much more than expected.
Trump threatens to lift tariffs on Chinese goods to 30% amid escalating trade war
CNN VideoWASHINGTON (CNN) - President Donald Trump on Friday counterpunched against retaliatory tariffs announced by Beijing earlier in the day, pledging to hike the rates importers must pay on Chinese-made goods even higher. Trump said the US will raise tariffs from 25% to 30% on $250 billion in goods that are already being taxed starting October 1. He also threatened to ratchet up promised tariffs on the remaining $300 billion in Chinese imports from 10% to 15%. The President's announcement came after Beijing unveiled a new round of retaliatory tariffs on about $75 billion worth of US goods. China trade experts said the moves will only deepen the impasse between Washington and Beijing.
Dow futures slide as trade fears overshadow Fed moves
The trade news was overshadowing the annual Federal Reserve symposium in Jackson Hole, at which Fed Chairman Jerome Powell will give a highly anticipated speech at 10 a.m. Stock futures, which were initially up, dropped on the reports of Chinese tariffs, with futures for the Dow down 0.3%, and those for the S&P 500 and the Nasdaq Composite, down 0.3% and 0.4%, respectively. The Chinese tariffs will impact $75 billion worth of US goods and range from 5% to 10%, according to multiple news reports. Prior to the tariff news, St. Louis Fed President James Bullard talked monetary policy as the day in Jackson Hole is getting under way. Bullard spoke out in favor of interest rate cuts on CNBC given the recent inversion of the Treasury yield curve.
Dow set to open higher, shrugging off recession warning sign
The 2-year and 10-year Treasury yields inverted just before Wednesday's closing bell. Bond yields rose Thursday morning, easing investors' attention. The minutes of the Fed's July meeting showed that the Fed saw the July rate cut as an adjustment and wants to keep its options open for future rate cuts. The July rate cut was the first since 2008. So far, expectations for a September rate cut are still at roughly 94%, slightly lower than on Wednesday.
Dow stages a comeback on hopes for stimulus
Futures of the Dow are up 0.6%, while those of the S&P 500 and the Nasdaq Composite are both 0.7% higher. All three indexes finished lower on Tuesday, with the Dow and the S&P breaking a three-day winning streak. During the July meeting, the Fed cut interest rates for the first time since 2008,Since the rate cut, Fed policymakers have given few public statements. That shift in sentiment is helping boost riskier assets like stocks and is leading the 10-year Treasury yield higher. Adding to the hopes of monetary policy sentiment, President Donald Trump said Tuesday that his administration was looking at additional tax cuts.
Dow futures rise 300 points on hopeful signals about trade
Spencer Platt/Getty Images(CNN) - Dow futures soared Monday as investors grew increasingly optimistic about a potential resolution to the trade war and a limit to its economic fallout. He also tried to tamp down recession fears, tweeting that an end of the trade war would help boost the U.S. economy. Also boosting stocks was China's response to its slowing economy, which has been rocked by the trade war. Dow futures were up 300 points. Stock traders focused on the White House's rosy view of the future -- and not economists' increasingly negative outlook.
It was a wild week on Wall Street
NEW YORK - It was far from the dog days of summer on Wall Street this past week. Monday, August 12The wild ride begins Monday after the Dow closes nearly 400 points lower, or 1.5%. The 10-year Treasury yield and 30-year Treasury yield starts to decline. The Dow close nearly 400 points higher, with the Nasdaq rising by 2% and the S&P up 1.5%. Friday, August 16The Dow ends 307 points higher, or 1.2%.
Dow futures jump 250 points to cap off crazy week
Spencer Platt/Getty Images(CNN) - Dow futures are soaring, as investors look to cap off a wild week for Wall Street on a high note. S&P 500 futures rose 0.9% and Nasdaq futures were up 1.1%. The Dow closed 100 points higher in a wacky session Thursday, as conflicting signals in the economy confused investors. The Dow rose nearly 400 points after the Trump administration delayed some tariffs on tech products. But the Dow fell 400 points Monday in an end-of-day rout as investors feared an escalation in the trade war.
Americans still shopping at Walmart despite recession signs
CNN Money(CNN) - Fresh off Wall Street's worst day of the year, Walmart calmed investors worried the U.S. economy could fall into a recession. Walmart, a Dow stock and bellwether of consumer spending, said Thursday that sales at its jumbo-size U.S. stores increased 2.8% during its most recent quarter compared with the same period a year ago. Walmart also raised its guidance for the remainder of the year, signaling optimism about the strength of its business. "Our customers' economic health remains solid and our competitive position is strong," Walmart CFO Brett Biggs said in prepared comments Thursday. Shares of Walmart gained close to 6% during pre-market trading and helped stabilize Dow futures.
Dow futures tumble another 200 points amid China threat
Photo Illustration/Shutterstock/CNNMoney(CNN) - Dow futures turned negative Thursday after China threatened yet another escalation in its trade war with the United States. Dow futures are pointing to a 200-point loss at the open. Dow futures had been up about 200 points and gave up all their gains, and then some. More signs of the global economic slowdown emerged Thursday, as China injected $2.4 billion in stimulus into the Hong Kong economy, according to Bloomberg. The airport the only way in or out of Hong Kong has been shut down after protesters barricaded themselves inside.
Dow set to tumble after bond market flashes a recession warning
Here's what happened: The 10-year Treasury bond yield fell to 1.627% Wednesday morning, below the 1.632% yield of the 2-year Treasury bond. It marked the first time since 2007 that 10-year bond yields fell below 2-year yields. US stock futures fell as investors sold stock in companies and moved it into bonds. The 30-year Treasury yield fell to 2.06%, the lowest rate on record. But Wednesday marked the first time in over a decade that the "main" yield curve the 2-year / 10-year ratio had inverted.
Dow rises 100 points a day after steep drop
(CNN) - Stocks rose just after the opening bell Tuesday, erasing an early deficit after the U.S. government reported a bigger uptick in a key measure of consumer prices than expected. The Dow was up more than 100 points in early trading following Monday's nearly 400-point drop. The return of market volatility in recent weeks is unnerving investors, especially those looking to save for retirement. That's especially the case since stocks have been the only game in town for conservative investors. Yields in the UK are near zero as well while long-term rates in Japan and much of Europe are now in negative territory.
Dow drops 450 points. Trade war fears just won't go away
NEW YORK (CNN) - Wall Street's trade war anxiety isn't going away. The selling comes as investors brace for the US-China trade war to deal more damage to the global economy. Goldman Sachs raised its estimate of how much the trade war will hurt the economy. Investor sentiment was further dented on Monday by rising concerns about the pro-democracy protests in Hong Kong. The iShares MSCI Hong Kong ETF tumbled 3% on Monday, leaving the fund down 13% so far this quarter.
Dow set to fall as Europe slows, trade war escalates
Weakness in the European economy and a still-escalating trade war sent bond yields down once again and stocks along with them. The Dow traded 0.1%, or 25 points, lower, while the S&P 500 is down 0.2%. By Thursday's close, the S&P and the Nasdaq had retraced their loses from earlier in the week, but the Dow was still lagging behind. The US government bond yield dropped to a three-year low Wednesday as investors bought bonds as a safety investment amid the market turmoil. Italian bond yields jumped higher, showing that investors aren't confident in Rome resolving its problems.
Dow tumbles 400 points on a scary sign from the bond market
Traders work at the New York Stock Exchange (NYSE) on in New York City. (CNN) - The Dow and the broader US stock market are headed for another wild day on Wednesday. The Dow tumbled more than 400 points, or 1.6%, while the S&P 500 was down 1.4%. Overnight, both the Reserve Bank of New Zealand and the Reserve Bank of India delivered steeper than expected rate cuts. Further easing from the Federal Reserve could even push the gold price past $1,650, said Edward Moya, senior market analyst at Oanda, in a note.