Stock Market Today: May 4, 2016
May started out with a flourish, as the stock market was up strongly in an earnings driven rally that took in most sectors to start the new month on Monday. But those good feelings did not last, as the equity market faltered badly yesterday in a wire-to-wire win for the recently downtrodden bears. On point, the stock market started on a weak note, following notable reversals in Europe, and it continued to press lower throughout the course of the day. Read more
Stock Market Today: May 3, 2016
The U.S. stock market opened sharply lower this morning, managed to pare its losses a couple of hours into the session, but then weakened again in the late afternoon. At the close of trading, The Dow Jones Industrial Average was down 140 points; the S&P 500 Index was off 18 points; and the NASDAQ was lower by 54 points. Read more
Stock Market Today: May 2, 2016
Stocks moved nicely higher today, with considerable strength in the late afternoon. At the end of the day, the Dow Jones Industrial Average was ahead 118 points; the broader S&P 500 Index was up 16 points; and the NASDAQ was higher by 42 points. The general tone on Wall Street was constructive, as advancers outnumbered decliners on the NYSE. From a sector perspective, the consumer stocks led the market higher, offsetting weakness in the energy and materials issues. Read more
Stock Market Today: April 29, 2016
Stocks ended the week and the month of April on a down note, if well off of their session lows on Friday. At the close of trading, the Dow Jones Industrial Average was off 57 points; the NASDAQ was 30 points lower; and the S&P 500 shed 11 points. Market breadth on the New York Stock Exchange was moderately negative, and more so on the NASDAQ. Read more
Stock Market Today: April 28, 2016
The U.S. stock market got off to a mixed start this morning, but turned decidedly lower in the late afternoon. At the end of the session, the Dow Jones Industrial Average was off 211 points; the S&P 500 Index was down 19 points; and the NASDAQ was lower by 58 points. Market breadth was negative, as decliners outpaced advancers on the NYSE. Read more
Stock Market Today: April 27, 2016
The major U.S stock market indexes were mixed today. The Dow Jones Industrial Average and the S&P 500 posted modest gains in afternoon trading following earlier declines, while a disappointing earnings report from technology behemoth Apple (AAPL) weighed on the NASDAQ throughout the session. Gains in the former two indexes were likely attributable, in part, to the Fed’s decision to keep rates unchanged. Read more
Stock Market Today: April 26, 2016
The U.S. stock market got off to a decent start, pared its gains after about an hour, and then moved in a sideways range for much of the afternoon. At the end of trading, the major averages were mixed. The Dow Jones Industrial Average was ahead 13 points; the S&P 500 Index was up four points; but the NASDAQ was lower by seven points. Read more
Stock Market Today: April 25, 2016
The major U.S. equity indexes were lower at the start of trading, with the Dow Jones Industrial Average off more than 100 points within the first few minutes of trading, and were not able to make their way all the way back during the mostly bearish session. Thus, at the closing bell, the aforementioned Dow 30, the tech-heavy NASDAQ, and the broader S&P 500 Index were 27, 10, and four lower, respectively. Market breadth clearly favored the bears, with declining issues leading advancers by a comfortable margin on both the Big Board and the NASDAQ. Read more
Stock Market Today: April 22, 2016
The major U.S stock market indexes performed unevenly today, although the S&P 500 and the Dow Jones Industrial Average did manage to eke out gains for the week. Today’s performance stemmed from mixed corporate earnings and lackluster economic data, set against a bounce in the oil sector. Year to date, two of the three major indexes are in the green, with the NASDAQ remaining modestly negative. Read more
Stock Market Today: April 21, 2016
The major U.S stock market indexes were mostly lower today, with early attempts at gains steadily losing steam as the day progressed. The weaker performance reflected mixed corporate earnings and economic data, as well as a decline in the oil sector. Still, the strong gains we have seen over the past two weeks or so have pushed both the S&P 500 and the Dow Jones Industrial Average comfortably into the green for the year, although the NASDAQ is still down modestly. Read more
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