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Stocks / Highlights

Using the Value Line Report: NIKE Is On Track for Strong Performance

Simon Shoucair | 09/30/2016

Global athletic footwear, apparel, and equipment manufacturer NIKE, Inc. (NKE) has enjoyed a great run since its early days.  Is the Dow-30 component on track to gain momentum in the coming years? Using the Value Line report helps readers determine the company’s near- and long-term investment merits.

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Markets / Commentaries
Stock Market Today: September 30, 2016

Harvey S. Katz, Robert Harrington, Adam Rosner | 09/30/2016

The stock market opened notably higher this morning, and extended its gains throughout much of the afternoon. At the end of trading, the Dow Jones Industrial Average was up about 165 points; the S&P 500 Index was ahead 17 points; and the NASDAQ was higher by 43 points. Most stocks made progress today, as winners easily outpaced of losers on the NYSE. From a sector perspective, the energy stocks displayed leadership. In addition, the financial names moved sharply higher, helped by pronounced gains in Deutsche Bank. However, the utilities did not participate in today’s rally,

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Markets / Commentaries
Stock Market Today: September 29, 2016

Harvey S. Katz, William G. Ferguson, and Adam Rosner | 09/29/2016

Equities got off to a slightly weaker start this morning, but then headed sharply lower in the early afternoon, before they managed to recover some ground later in the day. At the close of trading, the Dow Jones Industrial Average was down 196 points; the S&P 500 Index was off 20 points; and the NASDAQ was lower by 49 points.

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Stocks / Highlights
Dow 30 Earnings: NIKE, Inc. First Quarter Fiscal 2017

Craig Sirois | 09/28/2016

Athletic footwear and apparel giant NIKE delivered better-than-expected August-period results.

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Markets / Commentaries
Stock Market Today: September 28, 2016

Harvey S. Katz, William G. Ferguson, and Robert Harrington | 09/28/2016

The U.S. stock market had another up-and-down day, which has been the norm so far in the historically volatile month of September. The majority of equities opened the day trading higher, until mixed statements from a few central bank speakers caused a midday selloff that lasted into the early afternoon in New York. The roughly 2:00 PM turnaround can be mostly attributed to surprisingly good news from OPEC, which was reported to have reached a cap deal to limit oil output. By the closing bell, all three major market indexes had registered full-day gains, with the Dow Jones Industrial Average leading the pack with a 111 point surge.

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Markets / Commentaries
Stock Market Today: September 27, 2016

Robert Mitkowski, Robert Harrington, and Adam Rosner | 09/27/2016

Stocks headed higher this morning, and managed to build on these gains through much of the afternoon. At the close of trading, the Dow Jones Industrial Average was ahead 133 points; the S&P 500 Index was up 14 points; and the NASDAQ was higher by 48 points. Market breadth was positive, with winners modestly ahead of losers on the NYSE.

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Markets / Commentaries
Stock Market Today: September 26, 2016

William G. Ferguson and Adam Rosner | 09/26/2016

The stock market moved lower this morning, and was unable to recover during the afternoon. At the end of trading, the Dow Jones Industrial Average was down 167 points; the S&P 500 Index was off 19 points; and the NASDAQ was lower by 48 points. Market breadth was quite negative, as decliners outnumbered advancers by a wide margin on the NYSE. From a sector perspective, the healthcare and financial issues led the market lower today. While still under pressure, the utilities displayed a degree of relative strength.

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Markets / Commentaries
Stock Market Today: September 23, 2016

Harvey S. Katz, William G. Ferguson, Adam Rosner | 09/23/2016

Equities headed lower this morning, and weakened further for much of the afternoon. At the end of the day, the Dow Jones Industrial Average was down about 131 points; the S&P 500 Index was off 12 points; and the technology-heavy NASDAQ was lower by 34 points. Most stocks lost ground today, as decliners far outpaced advancers on the NYSE.

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Markets / Commentaries
Existing Home Sales Ease Slightly In August 2016

Harvey S. Katz | 09/22/2016

Sales of existing homes eased back a tad last month, with the report issued just moments ago affirming that such transactions totaled an annualized 5.33 million homes. This was the second straight month in which sales had dipped, with the latest decline a scant 0.9%.    

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