The U.S. equity markets
are putting in a weak, to mixed, session today, as traders look for direction. As we head in to the afternoon in New York, the Dow Jones Industrial Average is down 62 points; the S&P 500 Index is about even; and the technology-heavy NASDAQ is up five points.
the final week of July
in mixed fashion
, with modest setbacks
in the major averages contrasted
by a firmer underlying tone
to the broader market
. At the close, the Dow Jones Industrial Average, weighed down by weakness in oil names, was down 56 points; the NASDAQ gave back a fraction of a point; and the S&P 500 lost five points. More encouraging was that the number of advancing issues outpaced those declining by about five to three on the New York Stock Exchange and around four to three on the NASDAQ.
The U.S. stock market got off to weak start this morning
, but managed to pare its early losses, finishing selectively higher. At the close of trading, the Dow Jones Industrial Average was off five points; while the S&P 500 Index was roughly unchanged; and the technology-heavy NASDAQ was higher by 17 points.
The U.S. stock market headed notably higher today
, for a second straight session, helped by a late afternoon push. At the close of trading, the Dow Jones Industrial Average was up 120 points; the S&P 500 Index was higher by 15 points; and the technology-heavy NASDAQ was ahead 23 points.
The U.S. equity market
, licking its wounds after five-consecutive down sessions and the longest losing streak for stocks since January, rallied sharply today
in one of those typical Monday/Tuesday reversals. At least for the moment, investors looked past the problems in China—the Shanghai Composite, though down again overnight, finished well off of its intra-day nadir—and focused on mostly encouraging quarterly earnings results
stateside, including positive reports from two drug industry giants.
The bearish mood on Wall Street
that saw each of the major U.S. equity indexes fall over 2% last week continued today
. A steep drop in China’s stock market overnight and notable weakness on the Continent presaged a lower opening on these shores and that is exactly what we got. The major U.S. averages were sharply lower a few minutes into the session, and the selling remained heavy throughout the day.
penultimate trading week of July
, a seasonably warm weather month for most of the country, was a very chilly one for those long equities
. After a nondescript start to the five-day stretch on Monday, the selling picked up considerably over the remaining four days of trading, including today’s very weak performance.
After opening lower
, the major U.S. stock market indexes briefly attempted a recovery
before finding their way into decidedly weaker territory
by late morning, with the negative momentum accelerating
throughout the trading session
. Today’s performance was largely attributable to a number of lackluster earnings reports, including those from several blue chips. So far, the markets have declined every day this week, with the current earnings season
serving as the primary focal point.
Equities headed lower this morning
, and spent the remainder of the session in negative territory. At the close of day, the Dow Jones Industrial Average was off 68 points; the broader S&P 500 Index had lost five points; and the NASDAQ had surrendered 36 points.
The U.S. equity markets put in a weak session today
, as traders digested a few disappointing corporate reports. At the close of trading, the Dow Jones Industrial Average, which led the market lower, had declined 181 points; the broader S&P 500 Index had lost nine points; and the NASDAQ had surrendered 11 points.