Stock Market Today: November 16, 2018
Harvey S. Katz, CFA and Adam Rosner | 11/16/2018
The stock market got off to a weak start this morning, but managed to selectively firm up as the session progressed. At the close of trading, the Dow Jones Industrial Average was ahead 124 points; the broader S&P 500 Index was up six points; while the technology-heavy NASDAQ was lower by 11 points. Market breadth showed a mixed situation, as advancing issues slightly outpaced decliners on the NYSE. Many equity groups managed to make progress today, led higher by the healthcare, utility, and basic materials issues. In contrast, the technology stocks and selective consumer names retreated.