MarketWatch - Stock Market Quotes, Business News, Financial News
Investor Alert

New York Markets Close in:

need to know
Morgan Stanley cuts S&P 500 price target
Dollar Tree swings to net loss
GE wins $1 bln of orders in Asia-Pacific region
Penn West to cut staff 35%, suspend payout
U.S. car sales cool in August on late Labor Day
European markets fall | FTSE 100 down
Berkeley to join FTSE 100 index; Weir to go
Dollar slides against yen | Oil prices pull back
Chinese factory data pull Asian shares lower
Man Group's China chief in custody: report

Avi Gilburt: There is a lot of bull left in this stock market
There’s a lot of bull left in this stock market

Gold screams summer stock correction not over
Gold screams stock correction not over

Unlucky lottery winner gets IOU from Illinois

Yahoo CEO Marissa Mayer
Yahoo CEO Marissa Mayer pregnant with twins

Apttus joins the billion-dollar startup club
Apttus joins the billion-dollar startup club


Chinese factory activity hits 3-year low

China sets new yuan rules

What to expect at September Apple event
What to expect at Apple event


Apple talks to Hollywood for exclusive content
Apple, Cisco team to put business users on iOS
Apple will let iPhone and iPad users block ads
Lost Apple deal leads to 40% job cut at GT

Trump says Mount McKinley name change ‘insult to Ohio’
Trump: Switch to Denali is ‘insult to Ohio’
Mount McKinley in Alaska is renamed Denali
Which U.S. president has the tallest mountain?

Classified details blacked out in new Clinton emails
Classified details blacked out in new emails
Clinton says she supports ‘revolving door’ bill
Biden a tougher matchup than Clinton: poll

Taleb’s ‘Black Swan’ fund made $1 bln in a week

Personal beliefs don’t belong in retirement accounts

Take your company pension, or buy an annuity?
Take your company pension, or buy an annuity?

Cheeseburgers and happiness always on the menu for Warren Buffett — and Jimmy Buffett, too
Farrell: Recipes for happiness, from Buffett and others
Happy 85th birthday to the $67 billion man

Ode to that legendary New York steakhouse the Palm

U.S. ready to punish China firms over cyber theft

Teacher with 111 tardies puts blame on breakfast
The automat is back — with a lot more quinoa

If Donald Trump can do it, why not Kanye West?
Dissatisfied voters are fueling Sanders, Trump

Disney to unveil ‘Star Wars’ toys in unboxing event
Walt Disney leads Dow's losers for August


/conga/frontpage.html 353798

Markets »

17.08MDow Volume:
Avg Vol: 109.98M
Unchanged
145
Decliners
4838
Advancers
777
Price Chg %Chg 1 Day
Range: 1 Day
  • 1 Day
  • 5 Days
  • 1 Month
  • 3 Months
  • 6 Months
  • 1 Year
  • 2 Years
Dow
/quotes/zigman/627449/realtime 16,197 -331 2.00%
Nasdaq
/quotes/zigman/12633936/realtime 4,696 -81 1.69%
S&P 500
/quotes/zigman/3870025/realtime 1,934 -38 1.94%
GlobalDow
/quotes/zigman/629063/realtime 2,307 -48 2.05%
Gold
/quotes/zigman/662444/delayed 1,143 +11 0.93%
Oil
/quotes/zigman/2331095/delayed 47.07 -2.13 4.33%
FTSE 100
/quotes/zigman/3173262/delayed 6,061 -187 2.99%
DAX
/quotes/zigman/2380246/delayed 9,996 -263 2.57%
CAC 40
/quotes/zigman/3173214/delayed 4,533 -120 2.57%
FTSE MIB
/quotes/zigman/1482176/delayed 21,445 -497 2.26%
IBEX 35
/quotes/zigman/2759620/delayed 9,990 -269 2.62%
Stoxx 600
/quotes/zigman/2380150/delayed 352 -10 2.87%
Asia Dow
/quotes/zigman/6959860/realtime 2,715 -69 2.47%
Nikkei 225
/quotes/zigman/5986735/delayed 18,166 -725 3.84%
Hang Seng
/quotes/zigman/2622475/delayed 21,185 -485 2.24%
Shanghai
/quotes/zigman/1859015/delayed 3,167 -39 1.23%
Sensex
/quotes/zigman/1652085/delayed 25,696 -587 2.23%
Singapore
/quotes/zigman/1709939/delayed 2,883 -39 1.32%
Euro
/quotes/zigman/16008136/realtime/sampled 1.12 +0.00 0.31%
Yen
/quotes/zigman/16008150/realtime/sampled 120.13 -1.10 0.90%
Pound
/quotes/zigman/16008140/realtime/sampled 1.53 0.00 0.10%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.71 -0.01 0.87%
DXY Index
/quotes/zigman/1652083/delayed 95.61 -0.32 0.33%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.29 -0.14 0.16%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.18 -0.03 1.52%
German 10y
/quotes/zigman/15866409/realtime 0.80 +0.07 9.15%
Italy 10yr
/quotes/zigman/15866497/realtime 1.99 +0.06 3.35%
Spain 10yr
/quotes/zigman/15866444/realtime 2.13 +0.07 3.48%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.83 -0.02 0.97%
Japan 10yr
/quotes/zigman/15866525/realtime 0.36 -0.02 4.88%
Crude Oil
/quotes/zigman/2331095/delayed 47 -2 4.33%
Gold
/quotes/zigman/662444/delayed 1,143 +11 0.93%
Corn
/quotes/zigman/7599553/delayed 371 -4 1.07%
DJIA F
/quotes/zigman/38649152/delayed 16,137 -371 2.25%
S&P F
/quotes/zigman/30356461/delayed 1,923 -46 2.33%
Silver
/quotes/zigman/3134148/delayed 15 +0 0.16%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 87.79 -1.64 -1.83%
AAPL /quotes/zigman/68270/composite 111.16 -1.60 -1.42%
GOOG /quotes/zigman/30194416/composite 606.59 -11.66 -1.89%
BAC /quotes/zigman/190927/composite 16.01 -0.33 -2.03%
C /quotes/zigman/5065548/composite 52.06 -1.42 -2.66%
F /quotes/zigman/264304/composite 14.00 0.13 0.94%
T /quotes/zigman/398198/composite 32.52 -0.69 -2.06%
BP /quotes/zigman/247026/composite 32.57 -0.98 -2.91%
GE /quotes/zigman/227468/composite 24.16 -0.66 -2.67%
Visit the quote page and your most recently viewed stocks will automatically be displayed here.
Please log in to view your watchlist
MarketWatch Portfolio

World News from MarketWatch

Rates »

5 yr CD
1.5%
2 yr CD
0.8%
1 yr CD
0.6%
MMA $10K+
0.3%
MMA $50K+
0.4%

National averages from Bankrate.com

You Don’t Need Another Credit Card, You Need A Better One.
Avg. APR Last Week 6 Months
Low Interest 11.62% 11.62% 11.53%
Business 12.85% 12.85% 12.85%
Student 13.14% 13.14% 13.14%
Balance Transfer 14.12% 14.12% 14.00%
Airline 15.10% 15.10% 15.15%
Reward 15.14% 15.14% 14.99%
Cash Back 15.27% 15.27% 15.26%
Instant Approval 18.00% 18.00% 17.93%
Bad Credit 22.73% 22.73% 22.48%
Source:CreditCards.com

SPONSORED SECTIONS

Trending Tickers
  • /quotes/zigman/12221594/composite AMBA-3.42%
  • /quotes/zigman/109619/composite DLTR-6.10%
  • /quotes/zigman/627449/realtime DJIA-1.99%
  • /quotes/zigman/24849617/composite AAL+0.30%
  • /quotes/zigman/463579/composite DAL+0.46%
X
Powered by StockTwits
Link to MarketWatch's Slice.

As of July 2, 2013, the SmartMoney content you loved now lives on MarketWatch.

MarketWatch will continue to provide the same important news and information you rely on every day. And, as a MarketWatch user, you will be able to enjoy:

  • Personalized news and quote email alerts
  • Editorial e-newsletters about personal finance, mutual funds and market-specific coverage
  • Premium newsletters by our market experts
  • Games, such as Virtual Stock Exchange and Beat the Darts
  • Free WSJ.com registration

Email address

Password

Forgot password?

SmartMoney Blogs

Real-Time Advice
Our real-time advice on how market shifts and news impact you and your money

Betting on the Stronger Dollar

Stock markets tumbled this week as European debt woes returned to the forefront and the Federal Reserve indicated it would be taking a more hands-off approach. But investing pros say one asset class is emerging from the tumult as a clear winner: the U.S. dollar.

The greenback has been helped by recent positive economic data, including the labor market improvements and stronger spending that  helped lift stocks earlier this year. Advisers say the gains should continue over the next several months as recession worries brewing in Europe push more investors into U.S. stocks. That could help the dollar increase against European currencies like the euro and the British pound, says Paul Christopher, chief international strategist for Wells Fargo Advisors. “It’s a flight to safety,” says Scott Brown, chief economist at Raymond James.

Investors are also more bullish on the dollar after lowering their expectations for another round of quantitative easing, which typically involves the Fed printing money to buy more bonds. The end of such programs could limit the money supply and make the dollar more valuable, says Robert Russell, president of Russell & Company, a wealth management firm in Dayton, Ohio.

That said, many investing pros don’t expect the dollar’s reign to last. In the long term, advisers say the dollar is likely to be outpaced by currencies from emerging-market countries in Latin America and Asia that are experiencing more robust growth. That’s why some investors should also have a stake in the Brazilian real, Mexican peso and the Indian rupee, among other currencies, says Christopher. And a shift in economic conditions could encourage the Fed to roll out another stimulus program, which could undo some of the dollar’s recent advances, he says.

But that doesn’t mean investors can’t benefit from the dollar’s strength in the meantime. “There may be some shorter-term opportunities to exploit,” Christopher says. For instance, investors who are bullish on the dollar can pile into U.S. stocks and avoid European equities. As the dollar gains against the euro that should help U.S. equities outperform European markets, he says. Some investors may want to make a more direct bet by using exchange-traded funds to short the euro and go long the dollar, says Russell.  And within U.S. stocks, investors should target companies that import heavily from other countries, such as retailers and auto manufactures, because they should be able to buy goods for cheap with the help of a stronger dollar, he says.

Investors who want to profit from the stronger dollar might also cut back on their exposure to commodities, such as precious metals, oil, agriculture and others, which tend to rise when the dollar falls, advisers say.  Consider cutting back about one percentage point and putting that money into U.S. stocks, says Christopher. Those who don’t want to sell their commodities can use ETFs to short precious metals like gold, says Russell.  

Comments

We welcome thoughtful comments from readers. Please comply with our guidelines. Our blogs do not require the use of your real name.

Comments (5 of 7)

View all Comments »
    • Someone…anyone…Harvard, Yale, Stanford…anywhere…where precisely did QE1 and QE2 go…not infrastructure that is for sure…so where did it precisely go?

    • what a world…

    • Am I on my own personal cookie OR WHAT?

      Assuming this goes out to the US…I hear nothing?????

      Need I ask what is wrong here (and please no bs planted comment here)? Damn, it is Friday but no excuse for silence…

    • So how come Nathan’s story about the jet crashing in VA does NOT indicate specifically whether the student pilot and pilot are the same persons who ejected from the plane?

      That story is the WSJ gets an F. Worse than lame.

      How come no person or lunatic has commented on my comments?

    • Do you suppose…”cookies” anyone?

      Where has the Truth gone? Institutions of higher learning? The Deans…yes, them & the professors…no one has the balls to speak the Truth…What is wrong with you people?

About Real-Time Advice

  • How breaking news — in the markets, Washington, and around the world — affects you and your money. Have a question about how current events may change your financial future? Email us at ask@smartmoney.com.

MarketWatch - Stock Market Quotes, Business News, Financial News
Investor Alert

New York Markets Close in:

need to know
Morgan Stanley cuts S&P 500 price target
Dollar Tree swings to net loss
GE wins $1 bln of orders in Asia-Pacific region
Penn West to cut staff 35%, suspend payout
U.S. car sales cool in August on late Labor Day
European markets fall | FTSE 100 down
Berkeley to join FTSE 100 index; Weir to go
Dollar slides against yen | Oil prices pull back
Chinese factory data pull Asian shares lower
Man Group's China chief in custody: report

Avi Gilburt: There is a lot of bull left in this stock market
There’s a lot of bull left in this stock market

Gold screams summer stock correction not over
Gold screams stock correction not over

Unlucky lottery winner gets IOU from Illinois

Yahoo CEO Marissa Mayer
Yahoo CEO Marissa Mayer pregnant with twins

Apttus joins the billion-dollar startup club
Apttus joins the billion-dollar startup club


Chinese factory activity hits 3-year low

China sets new yuan rules

What to expect at September Apple event
What to expect at Apple event


Apple talks to Hollywood for exclusive content
Apple, Cisco team to put business users on iOS
Apple will let iPhone and iPad users block ads
Lost Apple deal leads to 40% job cut at GT

Trump says Mount McKinley name change ‘insult to Ohio’
Trump: Switch to Denali is ‘insult to Ohio’
Mount McKinley in Alaska is renamed Denali
Which U.S. president has the tallest mountain?

Classified details blacked out in new Clinton emails
Classified details blacked out in new emails
Clinton says she supports ‘revolving door’ bill
Biden a tougher matchup than Clinton: poll

Taleb’s ‘Black Swan’ fund made $1 bln in a week

Personal beliefs don’t belong in retirement accounts

Take your company pension, or buy an annuity?
Take your company pension, or buy an annuity?

Cheeseburgers and happiness always on the menu for Warren Buffett — and Jimmy Buffett, too
Farrell: Recipes for happiness, from Buffett and others
Happy 85th birthday to the $67 billion man

Ode to that legendary New York steakhouse the Palm

U.S. ready to punish China firms over cyber theft

Teacher with 111 tardies puts blame on breakfast
The automat is back — with a lot more quinoa

If Donald Trump can do it, why not Kanye West?
Dissatisfied voters are fueling Sanders, Trump

Disney to unveil ‘Star Wars’ toys in unboxing event
Walt Disney leads Dow's losers for August


/conga/frontpage.html 353798

Markets »

17.08MDow Volume:
Avg Vol: 109.98M
Unchanged
145
Decliners
4838
Advancers
777
Price Chg %Chg 1 Day
Range: 1 Day
  • 1 Day
  • 5 Days
  • 1 Month
  • 3 Months
  • 6 Months
  • 1 Year
  • 2 Years
Dow
/quotes/zigman/627449/realtime 16,197 -331 2.00%
Nasdaq
/quotes/zigman/12633936/realtime 4,696 -81 1.69%
S&P 500
/quotes/zigman/3870025/realtime 1,934 -38 1.94%
GlobalDow
/quotes/zigman/629063/realtime 2,307 -48 2.05%
Gold
/quotes/zigman/662444/delayed 1,143 +11 0.93%
Oil
/quotes/zigman/2331095/delayed 47.07 -2.13 4.33%
FTSE 100
/quotes/zigman/3173262/delayed 6,061 -187 2.99%
DAX
/quotes/zigman/2380246/delayed 9,996 -263 2.57%
CAC 40
/quotes/zigman/3173214/delayed 4,533 -120 2.57%
FTSE MIB
/quotes/zigman/1482176/delayed 21,445 -497 2.26%
IBEX 35
/quotes/zigman/2759620/delayed 9,990 -269 2.62%
Stoxx 600
/quotes/zigman/2380150/delayed 352 -10 2.87%
Asia Dow
/quotes/zigman/6959860/realtime 2,715 -69 2.47%
Nikkei 225
/quotes/zigman/5986735/delayed 18,166 -725 3.84%
Hang Seng
/quotes/zigman/2622475/delayed 21,185 -485 2.24%
Shanghai
/quotes/zigman/1859015/delayed 3,167 -39 1.23%
Sensex
/quotes/zigman/1652085/delayed 25,696 -587 2.23%
Singapore
/quotes/zigman/1709939/delayed 2,883 -39 1.32%
Euro
/quotes/zigman/16008136/realtime/sampled 1.12 +0.00 0.31%
Yen
/quotes/zigman/16008150/realtime/sampled 120.13 -1.10 0.90%
Pound
/quotes/zigman/16008140/realtime/sampled 1.53 0.00 0.10%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.71 -0.01 0.87%
DXY Index
/quotes/zigman/1652083/delayed 95.61 -0.32 0.33%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.29 -0.14 0.16%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.18 -0.03 1.52%
German 10y
/quotes/zigman/15866409/realtime 0.80 +0.07 9.15%
Italy 10yr
/quotes/zigman/15866497/realtime 1.99 +0.06 3.35%
Spain 10yr
/quotes/zigman/15866444/realtime 2.13 +0.07 3.48%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.83 -0.02 0.97%
Japan 10yr
/quotes/zigman/15866525/realtime 0.36 -0.02 4.88%
Crude Oil
/quotes/zigman/2331095/delayed 47 -2 4.33%
Gold
/quotes/zigman/662444/delayed 1,143 +11 0.93%
Corn
/quotes/zigman/7599553/delayed 371 -4 1.07%
DJIA F
/quotes/zigman/38649152/delayed 16,137 -371 2.25%
S&P F
/quotes/zigman/30356461/delayed 1,923 -46 2.33%
Silver
/quotes/zigman/3134148/delayed 15 +0 0.16%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 87.79 -1.64 -1.83%
AAPL /quotes/zigman/68270/composite 111.16 -1.60 -1.42%
GOOG /quotes/zigman/30194416/composite 606.59 -11.66 -1.89%
BAC /quotes/zigman/190927/composite 16.01 -0.33 -2.03%
C /quotes/zigman/5065548/composite 52.06 -1.42 -2.66%
F /quotes/zigman/264304/composite 14.00 0.13 0.94%
T /quotes/zigman/398198/composite 32.52 -0.69 -2.06%
BP /quotes/zigman/247026/composite 32.57 -0.98 -2.91%
GE /quotes/zigman/227468/composite 24.16 -0.66 -2.67%
Visit the quote page and your most recently viewed stocks will automatically be displayed here.
Please log in to view your watchlist
MarketWatch Portfolio

World News from MarketWatch

Rates »

5 yr CD
1.5%
2 yr CD
0.8%
1 yr CD
0.6%
MMA $10K+
0.3%
MMA $50K+
0.4%

National averages from Bankrate.com

You Don’t Need Another Credit Card, You Need A Better One.
Avg. APR Last Week 6 Months
Low Interest 11.62% 11.62% 11.53%
Business 12.85% 12.85% 12.85%
Student 13.14% 13.14% 13.14%
Balance Transfer 14.12% 14.12% 14.00%
Airline 15.10% 15.10% 15.15%
Reward 15.14% 15.14% 14.99%
Cash Back 15.27% 15.27% 15.26%
Instant Approval 18.00% 18.00% 17.93%
Bad Credit 22.73% 22.73% 22.48%
Source:CreditCards.com

SPONSORED SECTIONS

Trending Tickers
  • /quotes/zigman/12221594/composite AMBA-3.42%
  • /quotes/zigman/109619/composite DLTR-6.10%
  • /quotes/zigman/627449/realtime DJIA-1.99%
  • /quotes/zigman/24849617/composite AAL+0.30%
  • /quotes/zigman/463579/composite DAL+0.46%
X
Powered by StockTwits
Link to MarketWatch's Slice.

As of July 2, 2013, the SmartMoney content you loved now lives on MarketWatch.

MarketWatch will continue to provide the same important news and information you rely on every day. And, as a MarketWatch user, you will be able to enjoy:

  • Personalized news and quote email alerts
  • Editorial e-newsletters about personal finance, mutual funds and market-specific coverage
  • Premium newsletters by our market experts
  • Games, such as Virtual Stock Exchange and Beat the Darts
  • Free WSJ.com registration

Email address

Password

Forgot password?