Latest news with #DJI
Yahoo
a day ago
- Business
- Yahoo
Market's underlying 'angst' could lead to August volatility
RBC Capital Markets equity derivatives strategist Amy Wu Silverman joins Morning Brief with Julie Hyman to discuss how markets (^DJI, ^GSPC, ^IXIC) have been reacting to Fed uncertainty and tariff uncertainty. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. Markets seem to be shrugging off the latest trade back and forth. My next guest says volatility potholes, as she's calling them, could be ahead in August. Joining me now, Amy Wu Silverman, RBC Capital Markets Equity Derivatives Strategist. Ah, same, same today. We had the same thought on the color there, Amy. Um, good to see you. Um, Good to see you. You know, this has been sort of an ongoing discussion we've been having with you and other strategists just how resilient the market has been, at least on the surface, uh, in the face of these continued tariff threats. Is there anything under the water line, so to speak, that you're seeing? Look, there is, Julie. I think there is a lot of angst under the surface. One way that we identify that is just, you know, how do option prices, how does volatility look in the future? So maybe not the next month, maybe not the next two months, but even three, four, six, 12 months out. And that's where you do start to see investors demanding protection. There's heightened levels of volatility. We refer to that as the term structure, but it's simply saying that there is a good deal of worry, not necessarily for the summer months as the negotiations are still going on, but longer term, you know, there could be any number of reasons why, but it is much higher than normal. And that actually has been true since Liberation Day. And so do you think that there is complacency in the markets right now? And if so, I guess define what complacency is and what the risks are around that. Yeah, so when you think about it, if if you were an investor who was worried about tariffs, and you had obviously that gap during Liberation Day, but then you really got whipsawed, right? So when the market rallied that hard, you actually were caught offsides. And then you've had difficulty hedging near term because a lot of what Trump says, uh, you know, is subject to negotiation, is subject to deadlines being pushed back. Essentially what's happened is those folks who have been hedging kind of post that rally began have had a hard time. And so it's hard to keep those positions on. You know, that's not necessarily complacency. It's just this turbulence with regard to timing. I would flag that we're going into August, which tends to be seasonally poor for returns, seasonally high for volatility. And August 5th last year is when we got a major volatility pothole with the VIX spiking to over 60. Right. The summer has this sort of false reputation of being quiet when it's not necessarily a lot of the time, Amy. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
a day ago
- Business
- Yahoo
Stock Market News for Jul 22, 2025
U.S. stock markets closed mixed on Monday following a trading session in which major indexes changed little. Concerns related to the Trump administration's tariff policies and strong second-quarter 2025 earnings results were two opposite forces that kept investors mostly sidelined. The S&P 500 and the Nasdaq Composite recorded new highs while Dow ended in negative territory. How Did The Benchmarks Perform? The Dow Jones Industrial Average (DJI) fell 19.12 points to close at 44,323.07 after a choppy session. Notably, 17 components of the 30-stock index ended in negative territory, 12 finished in positive zone and one remained unchanged. At intraday high, the blue-chip index was up 259.66 points. The index is currently 1.7% away from its all-time high posted on December 2024. The tech-heavy Nasdaq Composite finished at 20,974.17, rising 0.4% due to strong performance of technology bigwigs. This was a new record-high closing for the index. Moreover, in intraday trading, the tech-laden index posted an all-time high of 21,077.37, reflecting the first time the index touched 21,000 this year. The S&P 500 was up 0.1% to finish at 6,305.60, marking the first closing above the key technical barriers of 6,300 in its history. In intraday trading, Wall Street's most observed benchmark posted a new all-time high of 6,336.08. Six out of 11 broad sectors of the broad-market index ended in positive territory while five in negative zone. The Communication Services Select Sector SPDR (XLC) advanced 1.3%, while the Energy Select Sector SPDR (XLE) declined 1%. The fear-gauge CBOE Volatility Index (VIX) was up 1.5% to 16.65. A total of 19.7 billion shares were traded on Monday, higher than the last 20-session average of 17.7 billion. The S&P 500 registered 17 new highs and 9 new lows, while the Nasdaq posted 97 new highs and 56 new lows. Tariff Related Concerns On July 20, Commerce Secretary Howard Lutnick said on CBS News that the Trump administration will start implementing tariffs from Aug 1. Lutnick said, 'That's a hard deadline, so on Aug 1, the new tariff rates will come in.' However, he also asserted 'Nothing stops countries from talking to us after Aug 1, but they're going to start paying the tariffs on Aug 1.' The Financial Times reported citing three genuine sources that the Trump administration is negotiating with the European Union (EU) to impose at least 15-20% tariffs in any deal. Earlier, President Donald Trump said that he will impose a 30% tariff on EU if it fails to clinch a deal with the United States before the Aug 1 dateline. The EU is the single largest block that collectively exports more to the United States than any single country: Total U.S. goods imports from the EU topped $553 billion in 2022, according to the Office of the U.S. Trade Representative. Total U.S. imports from Mexico were approximately $454.8 billion in 2022, according to the U.S. Trade Representative. Strong Q2 2025 Earnings Results Verizon Communications Inc. VZ came up with quarterly earnings of $1.22 per share, beating the Zacks Consensus Estimate of $1.18 per share. The giant national wireless service provider posted quarterly revenues of $34.5 billion, surpassing the Zacks Consensus Estimate by 2.76%. Cleveland-Cliffs Inc. CLF came up with a quarterly loss of $0.5 per share, narrower-than the Zacks Consensus Estimate of a loss of $0.68 per share. The company posted quarterly revenues of $4.93 billion, surpassing the Zacks Consensus Estimate by 0.62%. Consequently, stock prices of Verizon and Cleveland-Cliffs appreciated 4% and 12.5%, respectively. Both stocks currently carry a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Economic Data The Conference Board reported that Leading Economic Indicator declined by 0.3% in June to a reading of 98.8. The consensus estimate was for a decline of 0.2%. The reading for May was revised upward to remain unchanged from a reading of a drop of 0.1% reported earlier. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Verizon Communications Inc. (VZ) : Free Stock Analysis Report Cleveland-Cliffs Inc. (CLF) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Reuters
2 days ago
- Business
- Reuters
US stocks advance, Treasury yields soften with earnings, trade deals in focus
NEW YORK, July 21 (Reuters) - Wall Street stocks advanced on Monday and Treasury yields softened at the top of a busy week of corporate earnings reports, as negotiations between the United States and its trading partners ramped up in the face of a fast-approaching August 1 deadline. All three major U.S. stock indexes moved higher in opposition to their European counterparts, and the dollar weakened against the yen in the wake of Japan's weekend elections. Microchips (.SOX), opens new tab and tech-adjacent momentum stocks (.NYFANG), opens new tab were providing much of the upside muscle. Second-quarter earnings season shifts into high gear this week, and the roster includes Alphabet (GOOGL.O), opens new tab and Tesla (TSLA.O), opens new tab, two of the "Magnificent Seven" AI-adjacent megacap stocks. IBM (IBM.N), opens new tab and Intel (INTC.O), opens new tab are two high-profile tech names expected to report during a busy week that also includes a host of industrials, from General Motors (GM.N), opens new tab to Union Pacific (UNP.N), opens new tab. "You're seeing an apparent return of U.S. dominance for equity investors, and it is being driven by a very resilient U.S. consumer," said Oliver Pursche, senior vice president at Wealthspire Advisors in New York, who added, "There's an increasing realization that the back-and-forth on tariffs is not anywhere near over, and that's pressuring European shares, and Asian shares to a certain extent." Trade negotiations have yet to yield any meaningful deals as the clock ticks down on President Donald Trump's August 1 tariff deadline. "I'm not convinced that Donald Trump is interested in reaching a deal with Europe or other major trading partners before August 1st," Pursche said. "He is interested in creating a narrative other than anything related to Epstein, or some of the blunders in ICE arrests and deportations and detentions." U.S. Treasury Secretary Scott Bessent told CNBC, "I think that what we need to do is examine the entire Federal Reserve institution and whether they have been successful," further stoking concerns over the central bank's autonomy following reports Trump is considering firing Chairman Jerome Powell. "This is highly politically motivated and that both Secretary Bessent, as well as President Trump, have a recognition and understanding of the enormous chaos that a non-independent Fed, or attempts to fire Chairman Powell would have on markets, and I don't believe that is their objective or desire," Pursche said. The Dow Jones Industrial Average (.DJI), opens new tab rose 162.64 points, or 0.36%, to 44,504.83, the S&P 500 (.SPX), opens new tab rose 33.35 points, or 0.53%, to 6,330.23 and the Nasdaq Composite (.IXIC), opens new tab rose 152.18 points, or 0.73%, to 21,048.85. European stocks softened amid fading hopes for an acceptable trade agreement with the United States ahead of the August 1 deadline and the European Union mulled a broad array of retaliatory measures. MSCI's gauge of stocks across the globe (.MIWD00000PUS), opens new tab rose 4.01 points, or 0.43%, to 932.00. The pan-European STOXX 600 (.STOXX), opens new tab index fell 0.16%, while Europe's broad FTSEurofirst 300 index (.FTEU3), opens new tab fell 4.24 points, or 0.20% Emerging market stocks (.MSCIEF), opens new tab rose 5.18 points, or 0.41%, to 1,254.56. MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS), opens new tab closed up 0.19% to 659.17, while Japan's Nikkei (.N225), opens new tab fell 82.08 points, or 0.21%, to 39,819.11. The dollar lost ground as the yen strengthened in the aftermath of Japan's weekend election, which saw its ruling coalition lose its majority in the upper house The dollar index , which measures the greenback against a basket of currencies including the yen and the euro, fell 0.52% to 97.89, with the euro up 0.58% at $1.1692. Against the Japanese yen , the dollar weakened 0.93% to 147.42. Bitcoin headed higher after Trump signed the GENIUS Act into law late Friday, marking a huge win for the crypto industry. Bitcoin gained 0.72% to $118,988.75. Ethereum rose 2.94% to $3,851.61. U.S. Treasury yields softened across the board. The yield on benchmark U.S. 10-year notes fell 7.1 basis points to 4.36% from 4.431% late on Friday. The 30-year bond yield fell 7.7 basis points to 4.9224% from 4.999% late on Friday. The 2-year note yield, which typically moves in step with interest rate expectations for the Federal Reserve, fell 2.7 basis points to 3.848% from 3.875% late on Friday. Oil prices dipped as investors shrugged off the latest European sanctions on Russian oil, which are expected to have minimal impact. Concerns over dampening demand persisted amid lingering tariff concerns. U.S. crude fell 0.7% to $66.87 a barrel and Brent fell to $68.74 per barrel, down 0.78% on the day. Gold prices advanced in opposition to the softening greenback. Spot gold rose 1.47% to $3,398.52 an ounce. U.S. gold futures rose 1.74% to $3,411.30 an ounce.
Tom's Guide
2 days ago
- Tom's Guide
I tried the DJI Power 2000 to keep my fans running during an NYC heatwave — here's how long it lasts
A few weeks ago, New York City was basically melting. Triple-digit heat, overloaded power grids, and power outages two days in a row. Tens of thousands of people were affected, with the extreme heat straining power systems and causing problems around the Tri-State Area. All of New York City was being asked to conserve power. It's the kind of scenario that turns a normal summer day into a sweaty, anxious mess—and that's exactly what happened to me. But here's the twist: I got through it with help from a brand I usually associate with flying cameras, not power stations. You probably know DJI for their drones and camera gear, like the Avata 2 FPV and the RS 4 Mini gimbal. Technically, DJI's been making power stations for a few years, but it wasn't really on my radar until this new 2,048Wh model landed. So when I first heard DJI was launching the Power 2000, I wanted to see what a drone company making giant battery boxes was like. And it couldn't have come at a better time. The DJI Power 2000 is a chunky, roughly 50-pound power station capable of steadily maintaining up to 3,000W of AC output. It can recharge to 80% in just 55 minutes plugged into AC power, and hit 100% in about 90 minutes, which is impressive for a battery this size. That's enough juice to run not just small gadgets but genuinely useful household items like a refrigerator or microwave. When my power went out the other day, I kept a floor fan running nonstop so the house didn't turn into an oven, which, within five minutes of killing the AC, it loves to do. I also kept my internet router and essential gadgets like a portable light and my MacBook Pro powered, so I could keep working and checking the outage maps obsessively. Even beyond blackout moments, this thing has been handy. Around the house, it lets me power my shop vac when I'm out in the yard cleaning up leaves and weeds and far away from outlets. I've also used it to charge my Urtopia Carbon Fold 1 e-bike and keep my camera gear powered during a July 4th weekend road trip. Just like DJI's other hardware, this thing is built extremely well, with big handles on each side. I wish DJI had followed Anker's lead with the SOLIX F2000, which has wheels and a built-in suitcase-style handle to make it easier to move around rather than having to lift it or rely on a hand truck—which yes, DJI does also sell if you want a branded one. For connectivity, you've got three AC outlets, a 12V car port, four USB Type-A ports, and four USB Type-C ports (two at 60W and two at 100W). The Power 2000 also doubles as a UPS. I can keep 'essentials' like my Wi-Fi router plugged in while the Power 2000 remains connected to wall power. If I ever lose grid power, the Power 2000 automatically switches over to its internal battery in just 0.01 seconds. That's practically instant, and means I won't lose my internet. For more context, DJI also lists some estimated runtimes for other common devices: up to 114 charges for a mobile phone, 64 charges for a camping light, about 110 minutes for a coffee machine, 18 hours for a projector, 38 hours for a car refrigerator, or 18 hours for an electric fan. Of course, real-life results always vary depending on exactly how much power your gear is drawing. The Power 2000 uses the DJI Home app to let you monitor power levels, toggle AC outputs, and manage add-ons like expansion batteries or fast chargers. The interface is pretty clean and familiar if you've used DJI gear before, giving you access to firmware updates, charging status and warranty information. Solar can be a great way to extend your backup power during longer outages, but unless you're maxing out its 1,200W solar input—which could theoretically charge the Power 2000 to full in under two hours—it's going to be more of a trickle charge. The Power 2000 uses standard MC4 connectors for solar input, which is the most common connector type for portable solar panels. DJI offers the optional Zignes 100W Solar Panel for $209. With just one of these, you'd be looking at around 20 to 22 hours of perfect sunlight to fully recharge the Power 2000 from empty. But if you're not drawing too much power from it, even a lower solar input can significantly slow down how quickly the battery depletes. In my tests, I was able to max out at around 78-80W of solar input from the panels in what looked to me like optimal placement to the sun. When on sale, I've seen the Power 2000 for as low as $899. That puts it right in the mix with popular rivals like the Jackery Explorer 2000 Plus, which sometimes drops as low as $879 depending on promos. And it's fascinating to see DJI—better known for drones—step into a market dominated by names like Jackery, Bluetti, and EcoFlow. It shows just how mainstream these power solutions are becoming. With the continued uncertainty of NYC's power situation, I at least know I can keep the essentials running with my power station. At the end of the day, it's a little wild that the same company that makes flying cameras also helped me survive a heatwave blackout. But I'm not complaining.
Yahoo
5 days ago
- Business
- Yahoo
Stock Market News for Jul 10, 2025
Wall Street closed higher on Wednesday, driven by tech and utility stocks. Fed minutes from the June meeting raised hope that there will be further rate cuts in 2025. All three benchmark indexes closed in the green. How Did the Benchmarks Perform? The Dow Jones Industrial Average (DJI) rose 0.5%, or 217.54 points, to close at 44,458.30. Sixteen components of the 30-stock index ended in positive territory, while 14 ended in negative. The tech-heavy Nasdaq Composite gained 192.87 points, or 1%, to close at 20,611.34. The S&P 500 added 37.74 points, or 0.6%, to close at 6,263.26. Eight of the 11 broad sectors of the benchmark index closed in the green. The Utilities Select Sector SPDR (XLU), the Industrials Select Sector SPDR (XLI) and the Technology Select Sector SPDR (XLK) advanced 0.9%, 0.7% and 0.6%, respectively, while the Consumer Staples Select Sector SPDR (XLP) lost 0.7%. The fear-gauge CBOE Volatility Index (VIX) decreased 5.2% to 15.94. A total of 18.1 billion shares were traded on Wednesday, lower than the last 20-session average of 18.4 billion. Advancers outnumbered decliners by a 2.17-to-1 ratio on the NYSE and by a 1.93-to-1 ratio on the Nasdaq. Fed Minutes Signal Rate Cuts Later in the Year On Wednesday, the release of the minutes from the Fed's June meeting showed that only a couple of policymakers backed an immediate rate cut in July, while the majority leaned toward holding steady and reassessing later in the year. Most officials flagged inflationary risks from President Trump's tariff policies and noted that the current interest rate level of 4.25-4.50% might already be close to neutral. This cautious tone triggered swift market reactions. Rate-cut odds for July collapsed, while expectations shifted to September. Investors responded by boosting risk assets in a classic "risk-on" move. Markets factored in slower Fed tightening, and the dollar weakened accordingly. Notably, gold rebounded and oil held steady amid the shift. The cautious language surrounding tariff risk and the absence of aggressive dovish signals led markets to push back bets on rate-cuts to later in the year, fueling equity gains and lower yields as traders embraced a less hawkish Fed trajectory. The Fed minutes also revealed growing concerns among policymakers about geopolitical tensions and global economic uncertainty, which could weigh on future growth. While inflation was noted to be easing gradually, it remained above the Fed's 2% target, prompting most members to advocate for patience before easing policy. This tempered rate-cut outlook helped lift cyclical and tech stocks, with investors betting that any future cuts would be gradual and supportive of growth. The 10-year Treasury yield slipped below 4.20%, signaling increased confidence that monetary policy would not tighten further in the near term. Markets now await key inflation data due next week. Consequently, shares of Vistra Corp. VST and Broadcom Inc. AVGO added 3.6% and 2.2%, respectively. Both currently carry a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Nvidia Briefly Breaches $4 Trillion Valuation Mark The semiconductor giant NVIDIA Corporation NVDA briefly reached an unprecedented $4 trillion market valuation on Wednesday, making it the first public company to hit that milestone. That surge lifted investor sentiment across the board, helping propel the Nasdaq to a record high and pushing the S&P 500 and Dow Jones significantly higher. Economic Data Per the U.S. Census Bureau, Wholesale Inventories for May came in 0.3% lower. The number for April was revised down to a 0.1% increase from the previously reported 0.2%. Per a government report, for the week ending July 4, U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 7.1 million bpd from the previous week. The number for the week prior remained unrevised at an increase of 3.8 million bpd. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Broadcom Inc. (AVGO) : Free Stock Analysis Report Vistra Corp. (VST) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
