Stock market today: Dow, S&P 500, Nasdaq futures hold steady as Trump looks forward to Powell's replacement
CNBC Daily Open: Despite all the uncertainty, the S&P 500 is flirting with record highs — strange times
- The S&P 500 is at the cusp of a new high.
- Trump threatened Spain with a tough trade deal.
- Tesla sales in Europe plunged in May.
- Nvidia’s the most valuable company again.
- Risks could knock the S&P 500 off course.
Have we gone back in time?
Read MoreStunning turnaround: The stock market is on the verge of an all-time record
New York
CNN
—
The S&P 500 is on the cusp of a record high. That’s a remarkable change of events, since the index was on the brink of a bear market just two months ago.
US stocks on Wednesday were mixed,
» Read more about: Stunning turnaround: The stock market is on the verge of an all-time record »
Read MorePrediction: Amazon Stock Will Beat the Market. Here's Why.
Investors who have followed Amazon (AMZN -0.43%) for a long time are aware of its path to megacap status. What started as an online bookselling business that pioneered e-commerce has evolved into a tech conglomerate with a $2.2 trillion market cap.
» Read more about: Prediction: Amazon Stock Will Beat the Market. Here's Why. »
Read MoreWhy the S&P 500 index matters to everyday investors
For day-to-day investors, the S&P 500 Index shows how 500 major companies from many sectors are doing. It allows you to clearly see the direction of the economy and likely risks from broader market movements. With knowledge of this benchmark, individuals can measure how their portfolio is doing,
» Read more about: Why the S&P 500 index matters to everyday investors »
Read MoreThe Burst
Airbnb Has a Ridiculous Business Model
Airbnb is one of the most successful startup companies in recent history. Not only has it disrupted the hotel industry, but it has generated billions of dollars in revenue. So what is behind Airbnb’s success, and why should investors take a closer look at the company?
Airbnb is an online marketplace that connects people who need a place to stay with people who have accommodation to rent out.
» Read more about: Airbnb Has a Ridiculous Business Model »
Read MoreThe Ivy
1 Really Cheap Dividend Stock with 25.2% Upside
Dollar General has underperformed the market by 69% this year, posting a year-to-date loss of 53% but perhaps the decline has provided value investors with a new opportunity now that the price-to-earnings ratio is just 11.7x, almost half the multiple of the S&P 500.
Read More