The major stock averages fell today
, failing to build on yesterday’s nice gains. At the close, the Dow Jones Industrial Average dropped 88 points; the NASDAQ dipped 19 points; and the S&P 500 gave back eight points. However, market breadth to some degree diverged from the major indexes, as advancers topped declining issues on the New York Stock Exchange.
U.S. equities started
on a solid up note
and then largely proceeded
to climb steadily higher
as the session wore on. Traders
appeared to put aside
the political concerns
both here and abroad that had weighed on the markets in recent weeks.
a difficult week on Wall Street
, U.S. equity trading
was mostly mixed on Monday
. The major indexes began the day in the red before paring the majority of the losses. The market sectors were equally divided, with gains in the basic materials, non-cyclical goods, and telecommunications industries offset by weakness by the technology, financials, and energy segments. Overall, advancing and declining stocks were even.
After opening the day lower, a majority of U.S. stocks
spent Friday afternoon in positive territory
, though the indexes wound up in the red
. Still, following the politically driven decline in valuations since Wednesday afternoon, each of the major large-cap indexes remains well below its respective previous-week closing levels. While the bulls got a boost from a rosy Consumer Confidence Survey reading, today’s directionless movement underscored the recent uncertainty that has characterized trading over the past several weeks.
U.S. stocks were down across the board on Thursday
, as investors revealed growing concerns regarding the Federal Reserve’s interest-rate strategy and, especially, apparent discord within the White House that could threaten key economic policies from being implemented.
are making moderate progress today. At just past noon in New York, the Dow Jones Industrial Average
is up 75 points; the broader S&P 500 Index
is ahead eight points; and the NASDAQ is higher by 31 points. Market breadth is favorable, with advancing stocks outpacing decliners by a healthy margin on the NYSE
. Most of the major stock groups are well in positive territory, with gains in the technology and basic materials issues. In contrast, the energy names are lagging.
The U.S. equity markets started off the day with a modest uptick, but trading was mixed
, at best, throughout the session
. On the economic front, today’s news was largely favorable. Notably, retail sales
for July were up 0.6%, which was better than consensus estimates and the best showing this year
The bulls bounced back on Monday, with small- and large-cap issues registering gains across the board. Breadth favored advancing stocks by a roughly three-to-one ratio, with financials, industrials, and technology sectors being particularly responsible for the uptick. Traders
took advantage of reduced entry levels following last week’s skittishness, which saw each of the major indexes dropping during one the weakest weeks of trading in 2017.
major stock market
averages edged higher to end trading for the first full week of August. At the close, the Dow Jones Industrial Average rose 14 points, but finished under the 22,000 level first breached a week earlier. Meanwhile, the NASDAQ outshined the Dow on a percentage basis, climbing 40 points despite a poor day from one of its star performers over the past year, Nvidia (NVDA).
Stocks were down
across the board on Thursday
, as geopolitical tensions between the United States and North Korea weighed heavily on investors’ minds. Large- and small-cap alike traded lower throughout the day, while only the utility sector managed to ring in the closing bell in positive territory. Averages among the major indexes struggled throughout the day, continuing the downward trend that began late on Tuesday afternoon, when President Trump’s comments spurred a wave of speculation regarding the country’s foreign policy.