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Stock Market Today

Friday, May 29 2015

Daily Updates

Stock Market Today: May 29, 2015

Harvey S. Katz, Matthew E. Spencer, Adam Rosner, William G. Ferguson | 05/29/2015

A rollercoaster week of trading on Wall Street ended in similar fashion to the way it started, which was with the bears in the driver’s seat. Some disappointing economic data stateside were the primary catalyst behind today’s selling.

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Featured Commentaries View all

Markets Commentaries

First-Quarter GDP Is Revised To Show A Modest Contraction

Harvey S. Katz | 05/29/2015

As expected, the Commerce Department, earlier this morning, reported that the nation's first-quarter gross domestic product (GDP), which initially had shown a token increase of 0.2% during the first quarter of this year, actually contracted modestly. However, the falloff, at 0.7%, was less of a setback than the consensus estimate calling for a decline of 1.0%.

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Stocks Highlights

View From The Top: Exxon Mobil’s Outlook For Energy To 2040

Robert Mitkowski | 05/28/2015

Oil giant Exxon Mobil’s annual publication of its long-term view for energy supply and demand draws well thought out conclusions that investors should consider when constructing their portfolios.

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