ran out of steam in afternoon trading today, closing notably lower after a nice run since late last week. At the closing bell, the Dow Jones Industrial Average was off 153 points, the NASDAQ dropped 37 points, and the S&P 500 gave back 14 points. Market breadth attested to the weakness, with the number of stocks falling outpacing winners by a wide margin on both the Big Board and the NASDAQ.
surged today on generally upbeat earnings news and more favorable news from abroad. At the closing bell, the Dow Jones Industrial Average was up 215 points, the NASDAQ had jumped 103 points, and the S&P 500 had pushed ahead 37 points. Market breadth was strongly positive, with many more winners than losers.
got back to work in a fairly good mood today after the weekend. Stocks closed broadly higher as a result, although that was tough to see in the widely watched Dow Jones Industrial Average, where a sharp drop in the shares of IBM
held back the performance of the venerable 30-stock index.
The month of October has thus far brought a slew of daily twists and turns for the U.S. equity market
, with volatility ruling the roost. Today, we once again had some more eye-catching intra-day moves, with the Dow Jones Industrial Average racing to more than a 300-point gain before paring some of those gains later in the session, to only then pick up again in the final hour.
The U.S. stock market
opened lower this morning, but managed to recover most of its ground and then some by the close. All told, the Dow Jones Industrial Average finished down 25 points; the broader S&P 500 Index was virtually flat; and the NASDAQ managed to advance two points.
It was another frenetic day of trading on Wall Street
today. During the volatile session, the recently emboldened bears made their biggest intra-day statement this year and for that matter the last three years, as global economic concerns and disappointing data stateside combined to initially slam equities
both here and abroad. But in the final hour of trading, some of the bargain hunters returned to the market, and the Dow Jones Industrial Average
, the NASDAQ
, and the S&P 500 Index
managed to pare a significant portion of their earlier heavy losses, though still finishing the session 173, 12, and 15 points lower, respectively.
It was another volatile day on Wall Street
, though we did not see one of those pronounced moves in either direction that have been the norm this October once the final numbers were in. Meanwhile, for a good portion of the session it was looking like it was going to be a convincing win for the bulls, which save for last Wednesday have been few and far in between this month.
tumbled sharply again today in a late-afternoon swoon the saw another dose of the increased volatility that has been the case of late. At the closing bell, the Dow Jones Industrial Average, the NASDAQ, and the S&P 500 were off by 223 points, 63 points, and 31 points. Declining issues outnumbered advancers about two to one on the New York Stock Exchange and four to three on the NASDAQ.
Today’s session also was another volatile one, with both the bulls and the bears trying to wrestle control of trading
. In the end, the recently emboldened bears were able to again tighten their grip on the market. All of the major equity groups
, with the exception of the more defensive utilities, finished in negative territory.
The U.S. stock market
got off to a weak start this morning, and continued its slide through the afternoon. At the close of the session, the Dow Jones Industrial Average ended down 335 points; the broader S&P 500 Index lost 41 points; and the NASDAQ surrendered 90 points.