Just try to find a stock market year like 2018, because you won't

as informed in This year has already been remarkable for the stock market because the moves seen in 2018 are unlike any in the past, according to an analysis by Bespoke Investment Group. The most similar year to 2018 in the stock market is 1942, with a correlation coefficient of just 0.533, Bespoke found. The S&P 500 is up more than 4 percent year to date but it has not been a smooth ride. The S&P 500 has had 36 days where it rises — or falls —at least 1 percent. Market volatility has spiked this year as investors grapple with a number of different factors combining to make this year quite unique.


Cramer: I think Trump is winning the China trade war, and the US stock market backs me up

President Donald Trump is beating China in a trade war that could soon escalate, CNBC's Jim Cramer said on Friday. Cramer said in a "Squawk on the Street" interview he disputes the argument that there are no winners in a trade war. Look no further than the stock market for confirmation that the U.S. is getting the best of China on trade, he said. That's one of the reasons behind the Trump administration's trade offensive against China. The White House also cites as unfair the $300 billion-plus annual trade deficit in goods that the U.S. has with China.

Cramer: I think Trump is winning the China trade war, and the US stock market backs me up

Dow retakes 25,000 level for first time in about a month as stock market extends Friday climb

as declared in Market PulseDow retakes 25,000 level for first time in about a month as stock market extends Friday climbThe Dow Jones Industrial Average late-morning Friday retouched a psychologically round-number level above 25,000 for the first time in about a month, as investors focused on corporate results and pushed some concerns about global trade disputes to the back burner. The Dow DJIA+0.38% most recently, was up 85 points, or 0.4%, at 25,009, a modest gain but enough to propel it above the psychological threshold which may underpin enthusiasm for assets perceived as risky, even as the market wrestles with worries over geopolitical clashes, notably over import duties, between the U.S. and its major developed partners in Asia, North America and Europe. The gains come after a round of second-quarter results from JPMorgan Chase & Co. JPM-0.46% Wells Fargo & Co. WFC-1.2% and Citigroup Inc. C-2.2% which came in mixed early Friday before the open. Meanwhile, the S&P 500 index SPX+0.11% rose 0.2% at 2,803, and the Nasdaq Composite Index COMP+0.03% edged up by 0.1% at 7,834, touching a fresh intraday peak for the technology-laden gauge at 7,838.13. See original version of this story

Retail chain The Works plans £100m stock market float

The cut-price books, crafts and toys chain The Works has shrugged off the troubles on the high street with plans for a £100m stock market listing that will give its private equity owners and management a £36.7m payout. Endless, the private equity firm that owns the chain, is selling shares worth £30m and retains a 10% stake worth £10m. "We had assumed the IPO dream had died, in the face of the gloom about the high street and the demise of Poundworld," he said. The Works was bought out of administration by the private equity firm Endless and Anthony Solomon, an entrepreneur, in 2008 for an estimated £15m. It was rebranded as The Works in 2003 when the Crossleys sold out to the first of a string of private equity owners.

Retail chain The Works plans £100m stock market float





collected by :Molly Tony

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